Who is the Richest Billionaire in Nigeria 2025

Introduction

Nigeria is home to some of Africa’s wealthiest entrepreneurs, with names like Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola making global headlines. As of 2025, the question of “Who is the richest billionaire in Nigeria?” still sparks curiosity, especially as fortunes rise and fall due to oil prices, stock market movements, and global investments.

This article provides a deep dive into Dangote’s net worth, his family, whether he has a son, and who currently holds the title of the richest man in Africa.

Who is the Richest Billionaire in Nigeria?

As of 2025, the richest billionaire in Nigeria remains Aliko Dangote, the President and CEO of the Dangote Group. He is widely recognized for building Africa’s largest conglomerate, with interests in cement, sugar, flour, salt, and now oil refining through the Dangote Refinery – one of the largest single-train refineries in the world.

According to the Forbes Billionaires Index, Dangote’s fortune is estimated at $20–21 billion, making him not just Nigeria’s richest man but also Africa’s wealthiest.

Does Dangote Have a Son?

A frequent question among Nigerians and global admirers is whether Dangote has a son who may one day inherit his empire. The truth is that Dangote does not have a publicly known biological son. He is the father of three daughters – Fatimah Dangote, Mariya Dangote, and Halima Dangote – who have played varying roles in the Dangote Group’s operations.

There are often rumors about Dangote’s extended family members and male relatives working in his businesses, but as of now, he has no officially recognized son in the public domain.

Dangote Net Worth in 2025

Aliko Dangote’s net worth fluctuates depending on stock market conditions, oil prices, and the valuation of his refinery. As of mid-2025:

• Dangote Cement remains his biggest revenue driver, accounting for over 85% of his fortune.
• Dangote Refinery has started operations, expected to generate billions annually once fully optimized.
• His other businesses in sugar, salt, and flour continue to dominate Nigerian and West African markets.

With an estimated $20–21 billion net worth, Dangote continues to sit at the top of Africa’s rich list and among the top 100 richest people in the world.

Who is the Richest Man in Africa?

The richest man in Africa, as of 2025, remains Aliko Dangote. He has consistently held this title for more than a decade, surpassing other African billionaires like Johann Rupert (South Africa), Nicky Oppenheimer (South Africa), and Mike Adenuga (Nigeria).

Dangote’s dominance in Africa’s wealth ranking is attributed to his strategic investments in essential goods and now energy infrastructure, making him one of the most influential figures in African business.

Other Billionaires in Nigeria

Although Dangote leads, other Nigerian billionaires continue to make significant impacts, including:

1. Mike Adenuga – Chairman of Globacom and Conoil, worth an estimated $7 billion.
2. Abdulsamad Rabiu – Chairman of BUA Group, with an estimated $6.5 billion fortune.
3. Femi Otedola – Businessman and philanthropist, investing in power and finance, worth around $1.8 billion.

These billionaires highlight Nigeria’s strong entrepreneurial culture despite economic challenges.

Future of Wealth in Nigeria

With the expansion of technology, fintech, energy, and entertainment industries, the future billionaires of Nigeria may not just come from oil and cement. Young innovators, tech founders, and investors are increasingly contributing to the growth of Nigeria’s GDP and creating new paths to wealth.

However, for now, Dangote remains the face of Nigerian and African wealth.

Conclusion

To summarize:

• The richest billionaire in Nigeria is Aliko Dangote, with a net worth of about $20–21 billion.
• Dangote does not have a known son, but he has three daughters.
• His empire is built on cement, sugar, flour, salt, and oil refining.
• He is the richest man in Africa, a title he has held for over 10 years.

Dangote’s success story continues to inspire millions across Africa and beyond, proving that with resilience, innovation, and strategic investments, African entrepreneurs can shape the global economy.