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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.
YearBlack BillionairesBi/multiracial Billionaires With Black ...All Billionaires202416: Aliko Dangote, $13.9 billion [55] ...5: Mohammad Al-Amoudi, $9.43 billion [58] ...2,781; Richest: Bernard Arnault & family, ...202315: Aliko Dangote, $14.2 billion [50] ...5: Mohammad Al-Amoudi, $9.05 billion [53] ...2,540; Richest: Bernard Arnault & family, ...2021-202217: Aliko Dangote, $11.5 billion [43] ...6: Mohammad Al-Amoudi, $5.45 billion [48] ...2,755; Richest: Elon Musk, $271.9 billion ...202014: Aliko Dangote, $8.3 billion [40] Mike ...4: Mohammad Al-Amoudi, $7.6 billion [42] ...2,095; Richest: Jeff Bezos, $113 billion- Aliko Dangote: $14.2 Billion
- Mike Adenuga: $8.3 Billion
- Abdulsamad Rabiu: $6.9 Billion
- Robert F. Smith: $8 Billion
- David Steward: $6 Billion
- Patrice Motsepe: $2.7 Billion
- Oprah Winfrey: $2.5 Billion
- Jay-Z: $1.4 Billion
- Michael Jordan: $2 Billion
- Strive Masiyiwa: $1.9 Billion
Africa’s richest man, Aliko Dangote saw his fortune grow from around $11.5 billion on last year’s list. Dangote founded and owns nearly 88 percent of publicly-traded Dangote Cement. He also owns stakes in publicly-traded salt, sugar and flour manufacturing companies.
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.
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 that his family was providing a grant to eliminate the student debt of the entire Morehouse College Class...
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.
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 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.
In June 2019, Jay-Z became Hip-Hop’s first proven and viable billionaire, thanks to what Forbes called a “sprawling and diverse empire.”
NBA great Jordan, one of the nine Americans on the list, still has sponsorship deals with Hanes, Gatorade and Upper Deck 19 years after retiring from basketball.
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.
Apr 16, 2021 · The seven richest Black Americans. According to Forbes, as of October 2020, there were 614 American billionaires, the largest number of billionaires in the country’s history. And the vast ...
- Sean Yoes
Feb 26, 2021 · Black Billionaires, Ranked. The data is as of February 24, 2021, and includes bi/multi racial individuals with Black ancestry. Altogether, there are 15 Black billionaires with a combined wealth of $48.9 billion. Here is the how the full list breaks down: Rank. Name.
- Stephanie Holland
- Jay-Z: $2.5 Billion. Jay-Z might be the definition of a diversified portfolio. In addition to his media company Roc Nation, the “99 Problems” rapper also has investments in Armand de Brignac champagne, D’Ussé cognac and an extremely valuable fine art collection contributing to his now $2.5 billion worth.
- Sean “Diddy” Combs: $1 billion. Finally reaching a milestone he’s been working toward his entire career, Sean “Diddy” Combs has officially become a billionaire.
- Rihanna: $1.4 billion. She sings, she acts, and she creates billion-dollar beauty and fashion lines. There’s nothing Rihanna can’t do.
- Tiger Woods: $1.1 billion. People love a comeback story and no one has made a bigger comeback than Tiger Woods. After a car accident that injured his legs so badly that there were questions about whether he would walk again, the golf superstar returned to competition at the 2022 Masters.
Feb 14, 2024 · According to Forbes, Smith has a net worth of more than $9 billion and is the richest Black person in America. Smith is the first African American to sign the Giving Pledge, which is a...
Mar 5, 2019 · ASSOCIATED PRESS. 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...
