Aliko Dangote becomes first African to Attain $30bn Networth

By Michael Ehindero
Aliko Dangote, Africa's wealthiest individual, has reached a net worth of $30 billion as of October 23, 2025, according to the Bloomberg Billionaires Index.

This significant milestone caps a strong year for the Nigerian magnate, whose fortune has swelled by $2.16 billion since the start of the year. 

________________________________
________________________________

Just days before hitting the mark, Dangote's net worth stood at $29.8 billion. A recent surge saw a $430 million valuation gain help push him over the edge.

The impressive financial rise aligns with the continued expansion of the Dangote Group's industrial empire, notably the completion of a major cement plant in Côte d’Ivoire.

Located in Attingué, about 30 km north of Abidjan, the $160 million facility spans 50 hectares and boasts an annual capacity of three million metric tonnes. This makes it one of Dangote Cement's largest operations outside of Nigeria. 

Dangote’s recent ascent follows a period of significant fluctuation in his wealth. In October 2023, shortly after the commissioning of his massive oil refinery, Bloomberg ranked him as the world's 81st richest person with a net worth of $20.4 billion.

His fortune saw a dramatic rebound after briefly losing the title of Africa's richest person to South African billionaire Johann Rupert at the start of 2024. At that time, Rupert boasted $10.3 billion compared to Dangote’s $9.5 billion. 

However, Dangote quickly reclaimed the top spot. By late January 2024, his net worth had surpassed $20 billion, fueled by a $+282 million valuation jump and a year-to-date gain of $6.91 billion, setting the stage for his current $30 billion achievement.


Share this story

Comments

Post a Comment

Post a Comment

Trending Stories On MEB

Nicki Minaj Accuses Keyshia Ka’oir of 'Sedating' Husband Gucci Mane Following Interview

By Michael Ehindero
Image
__________ In 2014, before going to jail, Gucci Mane gave his girlfriend Keyshia Ka'oir $2 million so she could take care of herself while he served his sentence. Instead of spending it, Keyshia invested the money into her businesses and turned it into $6 million by the time Gucci was released in 2016. ___________ Gucci Mane 's recent appearance on "The Breakfast Club" alongside his wife, Keyshia Ka’oir, has ignited a social media firestorm. The couple spoke candidly about their marriage and  _______________________ Related : Sound on Tuesday: No Love [Remix] by August Alsina & Nicki Minaj ________________________ the rapper's mental health challenges while promoting his new memoir, Episodes. Ka'oir detailed how they navigate his struggles as a couple. However, the discussion took a sharp turn into drama when Nicki Minaj launched a fiery attack on the pair via a social media post late Monday night. Minaj’s rant appeared to be dire...
Read more

Former Canadian Prime Minister Justin Trudeau & Katy Perry in Steamy Relationship¡

By Michael Ehindero
Image
After months of speculation, Katy Perry has all but confirmed her romance with former Canadian prime minister Justin Trudeau. The duo were seen enjoying a steamy outing on board the pop star’s yacht as it sailed off the coast of Santa Barbara, California, over the weekend. They clearly couldn’t keep their hands off each other with the pair photographed kissing and cuddling on board after months of speculation. This public display of affection comes three months after romance rumors started, when they were seen having dinner together at the upscale Le Violon restaurant in Montreal during Perry’s Lifetimes tour in Canada. In one photo, Trudeau, 53, even grabbed Perry’s booty as they hugged.
Read more

Trial of K!llaboi who allegedly mvrdered his Girlfriend to begin today

By Michael Ehindero
Image
The trial of Nigerian internet punter Benjamin Best , popularly known as Killaboi , is set to commence today, Thursday, January 15, 2025. ___________________ RELATED : K!llaboi & Austa: The Billionaire Punter, The Model, and the M8rder That Shook Social Media! ___________________ Mrs. Cordelia Okonye, mother of the late Augusta Onuwabhagbe, confirmed the development in a post on her social media page, stating that the matter would be heard at the High Court, Tafawa Balewa Square, Lagos. Best is accused of killing 21-year-old Onuwabhagbe, a student of Lead City University, at his residence located at No. 24a Abiola Apooyi Street, Oral Estate in Ajah, Lagos, in July 2023. He reportedly fled the country shortly after the incident and was declared wanted by Nigerian authorities. He was arrested in Qatar in February 2025 and later extradited to Nigeria in April 2025 to face trial. Share this story
Read more

IN REVIEW: Victor Gyokeres joins Arsenal from Sporting CP

By Michael Ehindero
Image
Arsenal have signed centre forward Viktor Gyokeres from Sporting CP for a €63.5million (£54.8m, $74.2m) fixed upfront fee plus €10m (£8.6m, $11.7m) in add-ons. The 27-year-old has signed a five-year contract at the Emirates. Born in Stockholm, Viktor started his career with IF Brommapojkarna, where he developed through their youth academy, scoring 32 goals in 31 appearances at under-19 and under-21 levels, and making his senior debut as a 17-year-old. In January 2018, the clinical goalscorer joined Brighton & Hove Albion, during which time he enjoyed loan spells at Swansea City, St. Pauli and Coventry City, moving to the Sky Blues permanently in 2021 and helping them to the Championship Play Off final in 2023. Gyokeres returns to England with a significantly higher profile after his first arrival. He joined Brighton & Hove Albion aged 19 in 2018 from Swedish side Brommapojkarna, but only made a handful of cup appearances. After loans to S...
Read more

Charlie Javice Sentenced to 7 years in Prison for Defrauding J.P Morgan Chase of $175 Million

By Michael Ehindero
Image
Charlie Javice , the 33-year-old founder of the startup Frank , was sentenced Monday to more than seven years in prison after being convicted of defrauding JPMorgan Chase out of $175 million . JPMorgan Chase bank bought her student loan start-up, but later discovered the numbers were falsified. A Manhattan federal court jury found in March that Javice had grossly inflated the company’s customer numbers, creating fake records that claimed Frank had over 4 million users when the real figure was fewer than 300,000.  Judge Alvin K. Hellerstein, who handed down the sentence, described her actions in the summer of 2021 as “a large fraud” aimed at deceiving the banking giant.
Read more

Music Mogul Sean ‘Diddy’ Combs to be Sentenced Today, Court Sentences Combs to 4 years in Prison and $500,000 fine

By Michael Ehindero
Image
Sean “Diddy” Combs is set to be sentenced this morning, Friday 10/03/2025 by a federal judge in New York, following his conviction earlier this year on federal charges related to prostitution. U.S. District Court Judge Arun Subramanian sentenced Sean “Diddy” Combs to 50 months in prison, along with a $500,000 fine and five years of supervised release following his incarceration. ** If you're seeing a broken link message below, it's because the post is being Censored on Instagram¡ Click on 'Visit Instagram' to view. View this post on Instagram A post shared by MEB (@michaelehinderosblog) * LIVE Lawyer calls prison sentence unconstitutional, says to expect an appeal Attorneys for Diddy said they have a strong basis to appeal the judge’s sentence, which they described as “unconstitutional.” Speaking to reporters outside the courthouse, defense attorney Marc Agnifilo said Judge Arun Subramanian used the word “coercion” at least a doz...
Read more

Uganda Shuts Down Internet as President Museveni seeks to extend 40 year rule

By Michael Ehindero
Image
Uganda has been plunged into a nationwide digital blackout on Tuesday evening as the government ordered internet service providers to sever connections just two days before a pivotal general election. The formal directive from the Uganda Communications Commission cited the need to curb misinformation, electoral fraud, and potential incitement to violence as justifications for the shutdown.  While government officials privately confirmed the order to AFP, the administration has avoided making a public announcement, reportedly to distance itself from the controversial decision. The timing of the disconnection heightens tensions as President Yoweri Museveni seeks to extend his four-decade rule against a familiar challenger, singer-turned-politician Bobi Wine. The blackout, which commenced at 6:00 pm local time, marks a stark reversal of recent government promises. Authorities had previously dismissed reports of an impending shutdown as "false" rumors designed to sp...
Read more

Sound on Tuesday: No Love [Remix] by August Alsina & Nicki Minaj

By Michael Ehindero
Image
**This is not a Sponsored Post You can’t treat me like you treat them, yes, I am the crème de la crème, yes, I am from one to ten, ten🎶🎶 Happy Tuesday MEB, enjoy this sound, it's from the past¡   ________________     _________________ LYRICS [Intro: Nicki Minaj, August Alsina] (Drumma Boy) August, Young Money She said she wanna stay together I don't think I can, no I swear this is my favorite song, hahahaha I’m serious, rrrrr [Verse 1: August Alsina] Red light, you know I can't make this thing that official Believe, we had a great night but I ain't the type to tell you that I miss you, shit You don't like that, I make this easy, leaving After sexing on the floor Baby, I know you need me like I need you But I'm not the one you wanna love [Pre-Chorus: August Alsina] So just pop a couple bands with a nigga like me Loving ain't the same with a nigga like me You used to them but ain't no loving me I hear what you would say and girl, it's c...
Read more

MacKenzie Scott, Jeff Bezos's ex Wife donating another $70 million to historically Black US Colleges and Universities

By Michael Ehindero
Image
MacKenzie Scott , ex wife of Amazon founder, Jeff Bezos is making another huge donation with no strings attached. MacKenzie Scott has pledged another major unrestricted gift, this time, $70 million to historically Black colleges and universities The donation by Scott, whose net worth is currently valued to be around $34 billion, is set to reshape the financial future of 37 historically HBCUs (historically Black colleges and universities), as part of a $1 billion campaign. The gift is one of Scott’s largest single donations ever, over the past 5 years, she’s given away $19 billion in gifts to more than 2,000 nonprofits.
Read more

TECH ON TUESDAY: The 2 Easiest Ways to Move your Data from your Old iPhone to your New One [VIDEO]

By Michael Ehindero
Image
A lot of people often encounter issues when trying to transfer data from their old iPhone to a new one. Today, we'd be looking at the 2 easiest ways you can transfer your data from your old iPhone to your new one.   1. Using Quick Start   2. Using iCloud Backup ______________________________ ________________________________ Option 1: Using Quick Start The easiest and most reliable way to move data to your new iPhone is by using Quick Start, Apple’s device-to-device transfer tool. It automatically copies your settings, apps, photos, data, and even your Home Screen layout. Before you begin, make sure both iPhones are connected to Wi-Fi, have Bluetooth turned on, and are plugged into power.  Place your old iPhone next to the new one to start the process. When the “Transfer Your Data” screen appears, choose “Transfer from iPhone” to begin the migration. Tips for using Quick Start (Direct Transfer) 1. Prepare your devices: Turn on your new iPhone and ke...
Read more

Most Read Stories From Past Month

Nicki Minaj Accuses Keyshia Ka’oir of 'Sedating' Husband Gucci Mane Following Interview

By Michael Ehindero
Image
__________ In 2014, before going to jail, Gucci Mane gave his girlfriend Keyshia Ka'oir $2 million so she could take care of herself while he served his sentence. Instead of spending it, Keyshia invested the money into her businesses and turned it into $6 million by the time Gucci was released in 2016. ___________ Gucci Mane 's recent appearance on "The Breakfast Club" alongside his wife, Keyshia Ka’oir, has ignited a social media firestorm. The couple spoke candidly about their marriage and  _______________________ Related : Sound on Tuesday: No Love [Remix] by August Alsina & Nicki Minaj ________________________ the rapper's mental health challenges while promoting his new memoir, Episodes. Ka'oir detailed how they navigate his struggles as a couple. However, the discussion took a sharp turn into drama when Nicki Minaj launched a fiery attack on the pair via a social media post late Monday night. Minaj’s rant appeared to be dire...
Read more

Former Canadian Prime Minister Justin Trudeau & Katy Perry in Steamy Relationship¡

By Michael Ehindero
Image
After months of speculation, Katy Perry has all but confirmed her romance with former Canadian prime minister Justin Trudeau. The duo were seen enjoying a steamy outing on board the pop star’s yacht as it sailed off the coast of Santa Barbara, California, over the weekend. They clearly couldn’t keep their hands off each other with the pair photographed kissing and cuddling on board after months of speculation. This public display of affection comes three months after romance rumors started, when they were seen having dinner together at the upscale Le Violon restaurant in Montreal during Perry’s Lifetimes tour in Canada. In one photo, Trudeau, 53, even grabbed Perry’s booty as they hugged.
Read more

TECH ON TUESDAY: The 2 Easiest Ways to Move your Data from your Old iPhone to your New One [VIDEO]

By Michael Ehindero
Image
A lot of people often encounter issues when trying to transfer data from their old iPhone to a new one. Today, we'd be looking at the 2 easiest ways you can transfer your data from your old iPhone to your new one.   1. Using Quick Start   2. Using iCloud Backup ______________________________ ________________________________ Option 1: Using Quick Start The easiest and most reliable way to move data to your new iPhone is by using Quick Start, Apple’s device-to-device transfer tool. It automatically copies your settings, apps, photos, data, and even your Home Screen layout. Before you begin, make sure both iPhones are connected to Wi-Fi, have Bluetooth turned on, and are plugged into power.  Place your old iPhone next to the new one to start the process. When the “Transfer Your Data” screen appears, choose “Transfer from iPhone” to begin the migration. Tips for using Quick Start (Direct Transfer) 1. Prepare your devices: Turn on your new iPhone and ke...
Read more

Music Mogul Sean ‘Diddy’ Combs to be Sentenced Today, Court Sentences Combs to 4 years in Prison and $500,000 fine

By Michael Ehindero
Image
Sean “Diddy” Combs is set to be sentenced this morning, Friday 10/03/2025 by a federal judge in New York, following his conviction earlier this year on federal charges related to prostitution. U.S. District Court Judge Arun Subramanian sentenced Sean “Diddy” Combs to 50 months in prison, along with a $500,000 fine and five years of supervised release following his incarceration. ** If you're seeing a broken link message below, it's because the post is being Censored on Instagram¡ Click on 'Visit Instagram' to view. View this post on Instagram A post shared by MEB (@michaelehinderosblog) * LIVE Lawyer calls prison sentence unconstitutional, says to expect an appeal Attorneys for Diddy said they have a strong basis to appeal the judge’s sentence, which they described as “unconstitutional.” Speaking to reporters outside the courthouse, defense attorney Marc Agnifilo said Judge Arun Subramanian used the word “coercion” at least a doz...
Read more

Killaboi & Austa: The Billionaire Punter, The Model, and the Murder That Shook Social Media!

By Michael Ehindero
Image
How did their love turn cold? Murder, Lies, Cheating, Evasion & PowerPlay is the story between Benjamin Best Nnanyereugo aka ' Killaboi ' & his Late Girlfriend Augusta Onuwabhagbe Osedion aka ' Austa '. View this post on Instagram A post shared by AUSTA (@austa_xxo) THE MURDER In July 2023, a rumor was brewing that Nigerian Punter Killaboi had murdered his girlfriend, Austa, a student of Lead City University at the time. Just few days leading to the murder, Benjamin 'Killaboi' Best had been on a Gambling Streak posting his winnings of the grand prize of a NGN100,000,000 and couple of other Millions of Naira which he won from the Nigerian Bookie 'Sportybet' on Social Media. Life was going really good for Benjamin who had just purchased a Lamborghini Urus ¡ It came as a shock when Killaboi himself came on social media to confess to the Murder of his girlfriend Austa in a ser...
Read more

Trial of K!llaboi who allegedly mvrdered his Girlfriend to begin today

By Michael Ehindero
Image
The trial of Nigerian internet punter Benjamin Best , popularly known as Killaboi , is set to commence today, Thursday, January 15, 2025. ___________________ RELATED : K!llaboi & Austa: The Billionaire Punter, The Model, and the M8rder That Shook Social Media! ___________________ Mrs. Cordelia Okonye, mother of the late Augusta Onuwabhagbe, confirmed the development in a post on her social media page, stating that the matter would be heard at the High Court, Tafawa Balewa Square, Lagos. Best is accused of killing 21-year-old Onuwabhagbe, a student of Lead City University, at his residence located at No. 24a Abiola Apooyi Street, Oral Estate in Ajah, Lagos, in July 2023. He reportedly fled the country shortly after the incident and was declared wanted by Nigerian authorities. He was arrested in Qatar in February 2025 and later extradited to Nigeria in April 2025 to face trial. Share this story
Read more

Sound on Friday: Dupe by Asake

By Michael Ehindero
Image
' Dupe ' is a track by Asake from his Debut Album, Mr Money With The Vibes   which was released on September 8, 2022. 'Dupe' is a yoruba word which means 'Praise' in English. I've done free translations for you guys on this one, wishing you an awesome Weekend¡ ~ Michael Ehindero _________________________ __________________________ [Chorus] Oremi o, dupe y'o kan rę oh My friend, give thanks, it'll be your turn Jowo, dupe y'o kan rę oh Please give thanks, it'll be your turn  Aye mi, jęję mo n lo sę oh, oh oh oh My life, i'm living/moving gently Dupe y'o kan rę oh Give thanks, it'll be your turn.... Shout halle-, 'cause you no get today no mean e too far Shout halle cause you dont have it today doesn't mean its far away from you. Shout halle-, 'cause you no get today no mean e too far Shout halle-, 'cause you no get today no mean e too far Shout halle-, 'cause you no get today no mean e too far [Verse]...
Read more

MacKenzie Scott, Jeff Bezos's ex Wife donating another $70 million to historically Black US Colleges and Universities

By Michael Ehindero
Image
MacKenzie Scott , ex wife of Amazon founder, Jeff Bezos is making another huge donation with no strings attached. MacKenzie Scott has pledged another major unrestricted gift, this time, $70 million to historically Black colleges and universities The donation by Scott, whose net worth is currently valued to be around $34 billion, is set to reshape the financial future of 37 historically HBCUs (historically Black colleges and universities), as part of a $1 billion campaign. The gift is one of Scott’s largest single donations ever, over the past 5 years, she’s given away $19 billion in gifts to more than 2,000 nonprofits.
Read more

Charlie Kirk Assassination: Who is Tyler Robinson? [Watch Timeline that lead to Suspect's Arrest]

By Michael Ehindero
Image
Charles Kirk was assassinated in Utah on September 10th, 2025 . The major suspect in the shooting has been arrested and is named 22 year old Tyler Robinson a native of Utah where Charles Kirk was assassinated. Who is Tyler Robinson Tyler Robinson , 22, is a Utah native who had been living with his parents "for a long time", authorities said. Robinson was taken into custody on 12 September after a family member recognised him in surveillance images, a development investigators described as pivotal in ending a nationwide manhunt. Timeline Leading to Tyler Robinson's Arrest FBI Surveillance Footage from September 10 -------------------- The FBI offered up to a $100,000 reward moments after Charles Kirk 's assassination for information leading to the arrest of the shooter of right-wing activist, Charlie Kirk . Kirk, 31, was assassinated on Wednesday during an event at Utah Valley University. The offer of a reward comes after the FBI...
Read more

Nigerian Chef Dammy denies plans to Cook 'Largest Pot of Beans' after Hilda Baci's Jollof Attempt....

By Michael Ehindero
Image
Culinary talent and Internet Sensation , Damilola Adeparusi , popularly known as Chef Dammy, has denied claims that she is preparing to cook the largest pot of beans, after Celebrity Chef Hilda Baci broke the record for largest serving of jollof rice. Chef Dammy, who is on a full scholarship at the Hospitality Business School in Lagos where she is studying for a professional culinary diploma, clarified the speculation in a video she posted on social media on Wednesday , saying she has no plan for such. “ I’d like to send a very big congratulations to Ms. Hilda for the just completed project of cooking the biggest pot of jollof rice to feed thousands" “Congratulations to Nigeria as a whole too, because this is a win for everybody in Nigeria, to all the African countries,” Chef Dammy said. Addressing the rumour about the largest pot of beans, she stated,”So, I’m actually making this video because people have been asking me, like, do you want to cook again?
Read more