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  1. Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion. According to the 2021 Forbes ranking of the world's billionaires, Nigerian business magnate Aliko Dangote had a net worth of $11.5 billion and was the world's richest black man.

    Year
    Black Billionaires
    Bi/multiracial Billionaires With Black ...
    All Billionaires
    2024
    16: Aliko Dangote, $13.9 billion [55] ...
    5: Mohammad Al-Amoudi, $9.43 billion [58] ...
    2,781; Richest: Bernard Arnault & family, ...
    2023
    15: Aliko Dangote, $14.2 billion [50] ...
    5: Mohammad Al-Amoudi, $9.05 billion [53] ...
    2,540; Richest: Bernard Arnault & family, ...
    2021-2022
    17: Aliko Dangote, $11.5 billion [43] ...
    6: Mohammad Al-Amoudi, $5.45 billion [48] ...
    2,755; Richest: Elon Musk, $271.9 billion ...
    2020
    14: Aliko Dangote, $8.3 billion [40] Mike ...
    4: Mohammad Al-Amoudi, $7.6 billion [42] ...
    2,095; Richest: Jeff Bezos, $113 billion
  2. Sep 4, 2020 · Only seven of the United States' 614 billionaires are African American, Forbes' Billionaires List shows. The staggeringly low number of American billionaires that identify as being of...

  3. Feb 26, 2021 · The World’s Black Billionaires in 2021. Black billionaires make up fewer than 1% of all billionaires worldwide. Who are the select few who made it into the ranks of the world’s richest people? In this graphic, we used the Forbes real-time billionaire list to highlight the most financially successful Black people, and the source(s) of their ...

  4. Aug 5, 2021 · Black people make up less than 1% of global billionaires according to the latest Forbes list released earlier this year. Even though there are just 15 Black people among the world’s...

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    • Aliko Dangote: $13.9 Billion
    • Robert F. Smith: $9.2 Billion
    • David Steward: $7.6 Billion
    • Mike Adenuga: $6.9 Billion
    • Abdulsamad Rabiu: $5.9 Billion
    • Michael Jordan: $3.2 Billion
    • Oprah Winfrey: $2.8 Billion
    • Patrice Motsepe: $2.7 Billion
    • Jay-Z: $2.5 Billion
    • Strive Masiyiwa: $1.9 Billion

    Africa’s richest man, Dangote saw his fortune grow from around $11.5 billion on last year’s list. Dangote founded and owns nearly 88% of publicly traded Dangote Cement. He also owns stakes in publicly traded salt, sugar and flour manufacturing companies.

    Smith made his fortune through the private equity firm, Vista Equity Partners, which he founded in 2000. A graduate of Cornell, he pledged $50 million (personally and through a foundation) to the university in 2016. And in 2019, Smith announced his family was providing a grant to eliminate the student debt of the entire Morehouse College Class of 2...

    Steward is co-founder and chairman of World Wide Technology, an $11.2 billion IT provider whose customers include Citi, Verizon and the federal government.

    Adenuga, Nigeria’s second-richest man, made his first million at 26 selling lace and distributing soft drinks, according to Forbes. But he built his fortune in telecom and oil production.

    Rabiu is the founder of BUA Group, a Nigerian conglomerate with interests in sugar refining, cement production, real estate, steel, port concessions, manufacturing, oil, gas and shipping.

    NBA great Jordan, one of the 10 Americans on the list, still has sponsorship deals with Hanes, Gatorade and Upper Deck 19 years after retiring from basketball.

    In addition to the media, entertainment and business empire she’s built, Winfrey owns shares in Weight Watchers and has a partnership with Apple. She has donated nearly half a billion dollars to charities throughout her career, including more than $100 million to the Oprah Winfrey Leadership Academy for Girls in South Africa.

    Motsepe was the first Black African to appear on the Forbes list. He became a billionaire in 2008 as founder and chairman of African Rainbow Minerals.

    In June 2019, Jay-Z became Hip-Hop’s first proven and viable billionaire, thanks to what Forbes called a “sprawling and diverse empire.”

    Masiyiwa “overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998,” according to Forbes. He and his wife, Tsitsi, have provided scholarships to more than 250,000 young Africans over the past 20 years through their Higherlife Foundation.

  5. Apr 6, 2021 · Forbes latest list of the world's richest people includes seven titans of finance, media and fashion who make up an even rarer club: African American billionaires.

  6. Mar 5, 2019 · Of the 2,153 people who made it to the 2019 FORBES list of the World’s Billionaires, 13 of them are black, up from 11 a year ago. Cement tycoon Aliko Dangote is still the richest black...

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