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Dangote vs Zhong Shanshan

Dangote Industries (Dangote Group) and Nongfu Spring.

The differences

  • Forbes puts Zhong Shanshan about $10.2B ahead of Aliko Dangote.Forbes figures from 2 Sep 2026 and 15 Oct 2026.
  • Both started the company their money comes from.
  • Zhong Shanshan is about 3 years older than Aliko Dangote.
  • Aliko Dangote is from Nigeria; Zhong Shanshan is from China.
  • Aliko Dangote has held a public or government advisory role; Zhong Shanshan has none on record.

Put someone else on either side

Side by side

DangoteZhong Shanshan

The money

Net worth, Forbes
$51.1BForbes, 15 Oct 2026
$61.3BForbes, 2 Sep 2026
Net worth, Bloomberg
$35.7BBloomberg, 17 Oct 2026
$61.5BBloomberg, 14 Oct 2026
Forbes rank
No. 35Real-Time list, 9 Oct 2026
No. 31Real-Time list, 2 Sep 2026
Billionaire since
2008Forbes: he first appeared on its World's Billionaires list in 2008
2020On the 2020 Forbes Billionaires List (published April 2020) at No. 1,063 with $2 billion; the earliest appearance in the cited sources, not necessarily his first

Where it came from

How it started
Founded itBegan trading rice, sugar and cement in 1978 with a loan from his uncle; Bloomberg says he formed the corporation that became Dangote Group in 1981
Founded itFounded Nongfu Spring's predecessor in September 1996, and Yangshengtang in 1993; Forbes labels him self-made
Main source
Dangote Petroleum Refinery and Dangote CementBloomberg's largest items: the refinery ($18.6 billion), Dangote Cement ($11.7 billion) and a fertiliser plant ($3.02 billion)
Nongfu Spring stock, then Beijing Wantai stockBloomberg: 'the majority of Zhong Shanshan's fortune is derived from his 84.5% stake in Nongfu Spring'
Companies
Dangote Industries (Dangote Group), Dangote Petroleum Refinery, Dangote CementDangote Industries (Dangote Group): Founder, president and chief executive; Dangote Petroleum Refinery: Chairman; Dangote Cement: Chairman of the board
Nongfu SpringNongfu Spring: Founder, chairman, executive director and general manager
Biggest stake
Dangote Petroleum Refinery92.3% owned
Nongfu Spring84.0379% owned

The person

Born
10 Apr 1957Kano, Nigeria
1954Hangzhou, China
Country
NigeriaLives in Lagos, Nigeria
ChinaLives in Hangzhou, China
Education
Bachelor's degreeBusiness degree, Al-Azhar University, Cairo
No universityLeft elementary school during the Cultural Revolution
Parents
Son of Mariya Sanusi Dantata and Mohammed Dangote; his father died when he was eight and he was raised by his maternal grandfather, a commodities and building-materials trader. His great-grandfather was one of West Africa's richest men
Not stated

What they give

Giving Pledge
Not a signer
Not a signer
Foundation
Aliko Dangote FoundationHis private charitable foundation, incorporated in 1994 as Dangote Foundation
Zhongziyi Education FundInitiated, founded and controlled by Zhong, per Nongfu Spring's listing document; it funds private universities and schools
Lifetime giving
Not stated
Not stated

Role and record

Role now
Runs the companyPresident and chief executive of Dangote Group; chairman of Dangote Cement and Dangote Petroleum Refinery
Runs the companyChairman and general manager of Nongfu Spring; chairman of Yangshengtang
Successor
No single successor named; Bloomberg says his succession plan includes his three daughters, Halima, Fatima and Mariya, all group executive directors at Dangote Industries
None namedHis son Zhong Shu Zi is a non-executive director of Nongfu Spring and has been assistant to the general manager since March 2026
Public office
Chairman, Nigeria End Malaria Council2022-
None found
Legal record
None found
None found

Aliko Dangote against others

Aliko's profile

Zhong Shanshan against others

Zhong's profile