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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 African...
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. They include Robert F....
- Charisse Jones
- Economic Opportunity Reporter
May 6, 2009 · In Pictures: The 20 Wealthiest Black Americans With a net worth of $2.7 billion, Winfrey tops the inaugural Forbes list of the Wealthiest Black Americans. She is the only billionaire on the list...
- 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.
Mar 14, 2019 · Out of the 607 Americans featured on the Forbes World's Billionaires list, just four are black. Here's a list of the richest black billionaires in the country.
Aug 5, 2021 · Here are the richest African Americans and where they rank on the list of the world’s billionaires. 01. Robert F. Smith. Net Worth: $6 billion Age: 58 Business: Private equity, finance,...
Oct 14, 2021 · News. Only Two Black People Made Forbes List Of The 400 Richest Americans. America’s two richest Black people made their money in private equity and the tech industry. By Nigel Roberts....
