Despite naira volatility, Dangote doubles wealth to $27.8bn, only African in top 100 billionaires list

Aliko Dangote, the president of the Dangote Industries Limited (DIL), has doubled his wealth to a record $27.8 billion.

This follows the operationalisation of his multibillion-dollar, 650,000 barrel-per-day refinery.

According to the Bloomberg Billionaires Index (BBI) released on Thursday, October 17, 2024 Dangote’s net worth increased by $15.1 billion to $27.8 billion as at October 18.