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Aliko Dangote started 2026 worth $30.4 billion and has since added $6.8 billion to his fortune, closing in on the $40 billion mark faster than anyone predicted.
Bloomberg ranks Abdul Samad Rabiu as Africa's second richest man at $19.1 billion, ahead of Johann Rupert, while Forbes puts him fourth at $15.3 billion. The gap comes down to how each counts his Nigerian stock market wealth.
Aliko Dangote's fortune climbed to $34 billion this week, lifted by his industrial empire and bold new refinery ambitions across the African continent.
Forbes has valued Aliko Dangote at $30.3 billion for the first time, as his producing refinery closes a persistent gap between the world's two top wealth trackers.
Abdul Samad Rabiu's net worth has surged from $11.2 billion to over $14 billion in weeks, driven by an 83% rally in BUA Cement shares and record BUA Foods profits.
Mukesh Ambani's Reliance unit Radisys is powering Ghana's first 5G backbone, now commercially live but entangled in licensing debt and government scepticism.
Mohammed Al-Amoudi is worth $9.12 billion on Bloomberg but does not appear on the Forbes 2026 billionaires list. Here is why.
Eswatini’s richest man Natie Kirsh loses $730 million in four months as asset values fall, but remains among Africa’s richest billionaires.
Palantir CEO Alex Karp adds $2.1 billion, boosting his net worth to $14.2 billion and securing his spot as America’s richest Black billionaire.
Dangote's net worth jumped $414 million in a day as investors poured into cement and sugar stocks on the Nigerian Exchange.
Karp, who made the billionaire list in 2016 with a net worth of $1.6 billion, now holds an estimated fortune of $11.5 billion.
South Africa's richest man, Johann Rupert, saw his net worth fall from $17 billion on March 4 to $13.8 billion at the time of this report.
The decline has wiped out nearly all the gains he made in the first seven weeks of 2025.
This follows a strong start to the year, when his net worth surged by $3.32 billion, rising from $13.7 billion to $17 billion by early March.
Forbes’ latest valuation narrows the gap with Bloomberg’s estimate, though a discrepancy remains.
This boost solidifies his position as the second-richest person in South Africa and the 227th richest individual globally.