Africa's Richest Man Dismisses Forbes' $38B Estimate,Says He Is Worth More

user 20-Jun-2026 BUSINESS

Asante Business

Aliko Dangote, Africa’s richest man, says his real wealth may be higher than what global wealth trackers report because some of his biggest businesses are not publicly listed.

Speaking in a street interview with James Dumoulin of School of Hard Knocks, Dangote said his businesses made about $10 billion in the first quarter when asked about the most money he had made in a year.

He also questioned estimates of his net worth, saying: “They say I’m worth $38 billion, but most of our businesses are not listed yet.” Forbes currently puts his wealth at about $31.6 billion, while Bloomberg estimates it at around $35.6 billion.

Asked how he wants to be remembered, Dangote said, "As somebody who industrialized

Source: DWAfrica