People · #35 of 100 Net worths as of Sep 24, 2026
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#35 of 100 · Industrials

Aliko Dangote

Cement, Sugar
Net worth
$51.8B
Forbes Real-Time · as of Sep 24, 2026
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Latest moves

No moves from Aliko Dangote in the digest yet. The archive grows every morning.

Recent SEC filings

This person doesn't file with the SEC.

Footprint

Companies

Dangote Industries Limited (Dangote Group)Founder, President/Chief Executive · Ultimate owner (per Dangote… · as of Dec 2024
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Role
Founder, President/Chief Executive; ultimate owner
Stake
Ultimate owner (per Dangote Cement FY2024 accounts)
Stake as of
2024-12-31
source ↗
Dangote Cement PlcDANGCEM · Nigerian Exchange (NGX) · Chairman · 85.8% · as of Dec 2024
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Ticker
DANGCEM
Exchange
Nigerian Exchange (NGX)
Role
Chairman; ultimate controlling party
Stake
85.8% via Dangote Industries Limited + 0.16% directly
Stake as of
2024-12-31
source ↗
Dangote Petroleum Refinery and Petrochemicals FZENigerian Exchange (NGX) - listing expected November 2026 · Founder · 87.27% · as of Sep 2026
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Exchange
Nigerian Exchange (NGX) - listing expected November 2026
Role
Founder; controlling beneficial owner
Stake
87.27% beneficial pre-IPO (via Dangote Oil Refining Co 65.835%, Dangote Industries Ltd 14.904%, Greenview International Corp 6.496%, plus 60% of Salamad Ventures); ~84.34% post-IPO if base offer fully subscribed
Stake as of
2026-09-07 (prospectus)
source ↗
Dangote Sugar Refinery PlcDANGSUGAR · Nigerian Exchange (NGX) · Controlled via Dangote Industries… · 68% · as of Mar 2025
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Ticker
DANGSUGAR
Exchange
Nigerian Exchange (NGX)
Role
Controlled via Dangote Industries Limited; ultimate controlling party Greenview International Corporation (Cayman)
Stake
68% held by Dangote Industries Limited
Stake as of
2025-03-31
source ↗
NASCON Allied Industries PlcNASCON · Nigerian Exchange (NGX) · Controlled via Dangote Industries… · 62.19% · as of Dec 2024
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Ticker
NASCON
Exchange
Nigerian Exchange (NGX)
Role
Controlled via Dangote Industries Limited; ultimate holding company Greenview International Corp (Cayman)
Stake
62.19% held by Dangote Industries Limited
Stake as of
2024-12-31
source ↗
Dangote Fertiliser LimitedControlled via Dangote Group
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Role
Controlled via Dangote Group; 3m tonnes/yr urea plant at Ibeju-Lekki; IPO targeted for 2028
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Dangote Group Ethiopia urea fertilizer complex (Gode, Somali region)Developer · 60% · as of Aug 2025
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Role
Developer; 60:40 JV with Ethiopian Investment Holdings; planned investment raised to >$4bn
Stake
60% Dangote Group
Stake as of
2025-08
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East Africa Oil Refinery (Lamu, Kenya) - plannedSponsor/developer · Dangote Group sponsor; up to… · as of Aug 2026
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Role
Sponsor/developer; ~$16-17bn, 700k bpd planned; offered Kenya, Ethiopia, Rwanda a combined 30% stake
Stake
Dangote Group sponsor; up to 30% offered to East African states
Stake as of
2026-08-24
source ↗

Investment vehicles

Dangote Industries Limitedholding co
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Type
holding co
Notes
Parent of Dangote Cement (85.8%), Dangote Sugar (68%), NASCON (62.19%); holds 14.904% of the refinery directly. Not on EDGAR.
source ↗
Greenview International Corporation (Cayman Islands)holding co
More
Type
holding co
Notes
Named ultimate controlling party in Dangote Sugar and NASCON accounts; holds 6.496% of Dangote refinery pre-IPO.
source ↗
Dangote Oil Refining Company Limited (DORCL)holding co
More
Type
holding co
Notes
Holds 65.835% of Dangote Petroleum Refinery pre-IPO per prospectus.
source ↗
Salamad Ventures Limitedholding co
More
Type
holding co
Notes
Dangote holds 60% interest; counted in his refinery beneficial ownership per prospectus.
source ↗

Private deals

Dangote Petroleum Refinery IPO on NGX: 4.1bn new shares at N525 (~N2.15tn / ~$1.6bn); SEC approval Sept 5, prospectus…Sep 2026
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In full
Dangote Petroleum Refinery IPO on NGX: 4.1bn new shares at N525 (~N2.15tn / ~$1.6bn); SEC approval Sept 5, prospectus Sept 7; offer opened Sept 14 and closes Oct 13, 2026; Pan-African Refinery Investment SPV pre-committed $400m
Date
2026-09-14
source ↗
Africa Finance Corporation-structured $2.5bn private equity placement into Dangote Petroleum Refinery, reported signed…Aug 2026
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In full
Africa Finance Corporation-structured $2.5bn private equity placement into Dangote Petroleum Refinery, reported signed Aug 13, 2026 (reported oversubscribed 3.7x)
Date
2026-08-13
source ↗
25-year, $4.2bn natural gas supply agreement with China's GCL Group for the Ethiopia fertilizer projectMar 2026
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$400m construction equipment agreement with XCMG to expand refinery from 650k to 1.4m bpdFeb 2026
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Ethiopian Investment Holdings and Dangote Group sign $2.5bn deal for 3m t/yr urea plant in Gode (60/40)Aug 2025
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Engineers India hired on ~$450m contract to manage construction of the Lamu, Kenya refinerySep 2026
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Dangote Group rejected NNPC request to raise its refinery stake (NNPC holds ~6.8% after paying for only part of an…May 2026
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In full
Dangote Group rejected NNPC request to raise its refinery stake (NNPC holds ~6.8% after paying for only part of an original 20%)
Date
2026-05-14
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Real estate

United States and United KingdomTwo US mansions and a UK house - sold… · reported 2026-05-15
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Type
Two US mansions and a UK house - sold (Dangote said he sold all foreign properties when he moved into industry; timing not given)
Date
reported 2026-05-15
source ↗

Legal & regulatory

Dangote Petroleum Refinery suit (FHC/L/CS/1174/2026, Federal High Court Lagos, Justice Akintayo Aluko): interim…
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In full
Dangote Petroleum Refinery suit (FHC/L/CS/1174/2026, Federal High Court Lagos, Justice Akintayo Aluko): interim injunction barring NMDPRA from suspending product loading or sealing/shutting the Lekki Free Zone refinery; motion on notice adjourned to Sept 9, 2026
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Refinery sued the Attorney-General (filed May 15, 2026) to void fuel import licences NMDPRA issued to NNPC and…
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In full
Refinery sued the Attorney-General (filed May 15, 2026) to void fuel import licences NMDPRA issued to NNPC and marketers, arguing breach of the Petroleum Industry Act and an earlier status-quo order
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NMDPRA approved 830,000 tonnes of petrol imports amid the Dangote legal battle (Sept 2026)
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Dangote petitioned ICPC (Dec 16, 2025) alleging corruption by NMDPRA chief Farouk Ahmed, who resigned; Dangote later…
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In full
Dangote petitioned ICPC (Dec 16, 2025) alleging corruption by NMDPRA chief Farouk Ahmed, who resigned; Dangote later filed a petition with the EFCC after withdrawing from ICPC (Jan 2026)
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PENGASSAN union dispute (Sept-Oct 2025) over ~800 dismissed refinery workers; National Industrial Court restrained the…
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In full
PENGASSAN union dispute (Sept-Oct 2025) over ~800 dismissed refinery workers; National Industrial Court restrained the strike; resolved via government-brokered deal to reabsorb staff
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Giving

Aliko Dangote Foundation
source ↗
Aliko Dangote Foundation N1 trillion (~$688m) 10-year education commitment; Dangote says he will leave one-third of his fortune to charity
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Research gaps: No EDGAR presence (no CIK). No verified recent real estate purchases; no verified aircraft/trophy assets. Refinery ticker not yet assigned. AFC $2.5bn placement sourced only to secondary outlet. Dangote Fertiliser ownership % not verified. Aliko Dangote Foundation is Nigerian (no US EIN).

What to watch

Dangote refinery IPO offer closesOct 13, 2026
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Dangote refinery shares expected to list on the Nigerian ExchangeNov 2026
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Groundbreaking of Dangote-backed East Africa Oil Refinery in Lamu, Kenya (President Ruto expected)Sep 30, 2026
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Refinery v. NMDPRA/Attorney-General litigation over import licences and free-zone jurisdiction (Federal High Court…
More
In full
Refinery v. NMDPRA/Attorney-General litigation over import licences and free-zone jurisdiction (Federal High Court Lagos)
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Dangote Cement Q3 2026 results (Q3 2025 results came in October; H1 2026 released July 29, 2026)2026-10 (expected, not confirmed)
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