Dangote’s Estimated Net Worth Rises to $51.3 Billion as Refinery Valuation Climbs

Aliko Dangote’s estimated fortune has risen from about $28.5 billion to roughly $51.3 billion, according to recent Forbes estimates cited in a regional business report. The increase is largely linked to the changing valuation of his industrial assets, especially the Dangote refinery. It does not mean he received $23 billion in cash; it reflects a higher estimated value for the businesses and assets he owns. Across the continent, the combined wealth of 24 African billionaires is estimated at $168.2 billion. The figures underline the growing role of major industrial assets in Africa’s billionaire wealth rankings.

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