When you think about Africa’s richest and most influential businessmen, one name instantly comes to mind—Aliko Dangote. The Nigerian billionaire has built an empire that spans multiple industries, making him one of the most powerful figures in the global business world. But just how much is Dangote Industries Limited (DIL) net worth in 2025? Is it still growing at the incredible pace we’ve seen over the years? Let’s dive into the latest numbers, trends, and what’s fueling this powerhouse conglomerate.
Let’s Look at Dangote Industries Limited (DIL)
Dangote Industries Limited isn’t just another company; it’s a massive business empire with investments in cement, sugar, salt, oil, gas, and even fertilizer. Founded in the late 1970s, it started as a small trading company importing everyday goods into Nigeria. Fast forward to today, and it’s a global force, with operations in multiple African countries.
Key Subsidiaries Under Dangote Industries Limited
DIL has a lot of moving parts, and its subsidiaries play a huge role in its net worth. Some of the biggest ones include:
- Dangote Cement Plc – Africa’s largest cement producer, operating in several countries including Nigeria, Ghana, and Ethiopia.
- Dangote Sugar Refinery Plc – A leading sugar refining company supplying millions of households and businesses.
- NASCON Allied Industries Plc – Specializes in salt refining, seasoning production, and food products.
- Dangote Oil Refinery – One of the most ambitious refinery projects in Africa, aiming to reduce Nigeria’s dependence on imported fuel.
- Dangote Fertilizer Plant – Africa’s largest fertilizer plant, providing essential products for the agricultural sector.
So, How Much Is Dangote Industries Limited Net Worth in 2025?
Now, let’s get to the numbers. As of 2025, Dangote Industries Limited is estimated to be worth between $35 billion and $40 billion. That’s a staggering amount, and it reflects the company’s continuous expansion and strategic investments.
Dangote’s Net Worth in Dollars and Naira
Aliko Dangote himself has seen his personal fortune skyrocket as a result. As of early 2025, his net worth is estimated at $28 billion, making him one of the top 100 richest people in the world.
In Nigerian Naira, at an exchange rate of ₦750 to $1, this translates to about ₦26.25 trillion to ₦30 trillion for the entire DIL group. These figures make Dangote the undisputed richest man in Africa.
A Look at the Past: Dangote’s Net Worth Growth Over the Years
To understand how impressive this is, let’s compare his wealth over time:
- 2022 – His net worth was around $13 billion, according to Forbes.
- 2023 – The launch of the Dangote Fertilizer Plant pushed his wealth even higher.
- 2024 – The much-anticipated Dangote Oil Refinery started operations, bringing in massive revenues.
With each passing year, his empire keeps growing, and 2025 is proving to be another record-breaking year.
The Game-Changer: Dangote Oil Refinery
One of the biggest contributors to Dangote’s rising wealth is the Dangote Oil Refinery. Located in the Lekki Free Trade Zone, this $20 billion refinery is the largest single-train refinery in the world, capable of refining 650,000 barrels of crude oil per day.
Why the Refinery Is a Big Deal
Nigeria has long been dependent on importing refined petroleum products. But with Dangote’s refinery, the country can now produce its own, saving billions in foreign exchange and reducing fuel shortages.
- It reduces Nigeria’s dependence on foreign fuel
- It creates thousands of jobs
- It boosts industrial growth and energy security
Thanks to this refinery, Dangote’s wealth has grown significantly, and Nigeria’s economy has also seen a major boost.
Who Owns Dangote Industries Limited?
Dangote Industries Limited is privately owned, with Aliko Dangote as the principal shareholder. However, some of its subsidiaries are publicly traded, including:
- Dangote Cement Plc – Listed on the Nigerian Stock Exchange, attracting international investors.
- Dangote Sugar Refinery Plc – Another publicly traded company with a wide range of investors.
For those interested in investing, the annual reports of these companies provide insights into their financial performance and shareholder structure.
Is Anyone Richer Than Dangote in Nigeria?
The short answer? No.
Aliko Dangote remains the richest man in Nigeria and Africa. Over the years, a few names have tried to compete, but none have managed to surpass him in terms of net worth.
How Many Businesses Does Dangote Own?
People often ask, “How many businesses does Dangote have?” The answer? Too many to count! But in a nutshell, DIL has major operations in:
- Cement production
- Sugar refining
- Salt manufacturing
- Flour and pasta production
- Oil refining
- Fertilizer production
- Real estate
- Energy and infrastructure
Basically, if it’s an essential commodity in Nigeria, Dangote probably has a hand in it.
Wrap-Up: What’s Next for Dangote Industries?
Dangote Industries Limited is on an unstoppable growth trajectory. With investments in oil, gas, cement, and agriculture, the company is not just dominating Africa but is making a global impact.
If the trend continues, we could see Dangote’s net worth hit $50 billion within the next decade. His business empire is proof that with the right vision and investments, African businesses can thrive on the world stage.
One thing’s for sure—Dangote Industries Limited isn’t slowing down anytime soon.
Article updated 3 weeks ago. Content is written and modified by multiple authors.
