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Aliko Dangote Tops Forbes Global Black Billionaires List With $23.9 billion

Forbes extracted the names of black billionaires from its list of the richest people in the world. While 83rd on the main list, Dangote ranks first on the list of black billionaires globally.

Dangote Ranks 83rd in the Forbes 2025 List of Richest Persons

Christina Ngene

6 days ago

Dangote

Forbes has dropped the result of its global survey of billionaires for 2025. The list is further segmented to hold names grouped by different standards.

Aliko Dangote, the wealthiest person in Nigeria, also ranks at the top of the list for 23 Black billionaires worth a total of $96 billion.

Aliko Dangote on the List of the World’s 23 Black Billionaires

Aliko Dangote — He has appeared several times on the Forbes list of the richest people for years. Most recently, he appears to have doubled his fortune with the launch of a $23 billion refinery, which, according to Forbes, was a risky bet.

Dangote Refinery Sales Halted as Dollar Rates Challenge Operations

Dangote Refinery on Monopoly of the Petroleum Industry.

Aliko Dangote is Africa’s richest person. He founded the chain of business, having served under his grandfather as a young man. The conglomerate includes Dangote Cement, the continent’s largest cement producer, where he owns 85% of publicly traded Dangote Cement through a holding company, Dangote Fertilizer, as well as Dangote Sugar.

Dangote Refinery, the latest on the chain, is Africa’s biggest yet. It began construction in 2016 and refining operations in early 2024.

Full List of Black Billionaires

Aliko Dangote — Net Worth: $23.9 billion

David Steward — Net Worth: $11.4 billion

Robert F. Smith — Net Worth: $10.8 billion

Alexander Karp — Net Worth: $8.4 billion

Mike Adenuga — Net Worth: $6.8 billion

Abdulsamad Rabiu — Net Worth: $5.1 billion

Michael Jordan — Net Worth: $3.5 billion

Patrice Motsepe — Net Worth: $3 billion

Oprah Winfrey — Net Worth: $3 billion

Jay-Z — Net Worth: $2.5 billion

Adebayo Ogunlesi — Net Worth: $2.2 billion

Magic Johnson — Net Worth: $1.5 billion

Femi Otedola — Net Worth: $1.5 billion

Tope Awotona — Net Worth: $1.4 billion

Tyler Perry — Net Worth $1.4 billion

Tiger Woods — Net Worth: $1.4 billion

Rihanna — Net Worth: $1.4 billion

Mohammed Ibrahim — Net Worth: $1.3 billion

LeBron James — Net Worth: $1.3 billion

Strive Masiyiwa — Net Worth: $1.2 billion

Michael Lee-Chin — Net Worth: $1.1 billion

Herriot Tabuteau — Net Worth: $1.1 billion

Sheila Johnson — Net Worth: $1 billion

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