Billionaires
Aliko Dangote and Abdulsamad Rabiu have kicked off 2026 strongly, adding significant wealth as Dangote crossed $30 billion, while Elon Musk remains at the top.
The Tony Elumelu Foundation opens applications for its 2026 Entrepreneurship Programme, offering $5,000 seed funding, training, and access to a network for Africans.
Tony Elumelu is set to grow richer after Heirs Energies acquired a $496 million stake in Seplat Energy, making him the company’s largest shareholder.
Elon Musk’s net worth jumped to $749 billion, nearly $500 billion more than Larry Page, driven by Tesla stock options, SpaceX value, and a record pay package.
Elon Musk became the first person worth over $600 billion after SpaceX’s soaring valuation boosted his fortune, while Nigeria’s Dangote and Rabiu also climbed.
Aliko Dangote has dispelled the rumours that US president, Donald Trump, is strongly opposed to the Dangote Refinery, citing crude oil purchases from the country.
The Chairman of Dangote Group, Aliko Dangote, announced plans to list his refinery's shares on the Nigerian exchange, allowing Nigerians to earn in dollars.
Nigerian industrialist Aliko Dangote led the richest list again as the combined net worth of 22 African billionaires surpassed $100 billion for the first time.
Abdulsamad Rabiu emerges fastest-growing Nigerian billionaire in 2025, surpassing Dangote, as other African billionaires also record notable wealth gains.
Billionaires
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