Aliko Dangote's Net Worth Rebounds After Paper Loss Amid NGX Dip

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Aliko Dangote's Net Worth Rebounds After Paper Loss Amid NGX Dip - Sputnik Africa, 1920, 01.07.2026
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Aliko Dangote's Net Worth Rebounds After Paper Loss Amid NGX Dip

Africa's richest man has recovered from last week's $1.2 billion paper loss, with his net worth returning to $34.2 billion on the Bloomberg Billionaires Index as Nigerian market shares steadied.

The one-day drop came after Dangote Cement’s share price fell 10% during the Nigerian Exchange Limited’s (NGX) worst trading session of 2026; it was a paper loss only—Dangote did not sell any shares.

Key updates:

🟠Big dividend coming: Dangote Cement's board has approved a final dividend of $0.033 per share, with Dangote set to receive approximately $490 million next month.

🟠Total payout: Shareholders will share a total of $564 million.

🟠Year so far: Despite the hiccup, Dangote’s net worth has still grown by $4.22 billion in 2026.

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