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Aug 21, 2023 · Stacker compiled a list of the 10 richest Black Americans using data from Forbes. Individuals were ranked by their overall wealth ranking, with the richest person taking the #1 spot.
Apr 16, 2021 · 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 majority of them are not people of...
- Sean Yoes
Mar 11, 2022 · America is home to the biggest group of wealthy, highly successful Black people in the world. One in 50 African-American families are millionaires.
- 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.
- 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.
Mar 8, 2024 · News that Stephen Curry could be closing in on a $1 billion deal made a lot of Black people around the country smile. Oftentimes when people think about some of the richest Black people in...
Aug 12, 2021 · Despite being one of the most marginalized races in the world, the growing list of Black billionaires shows that with opportunity, hard work, entrepreneurial goals and outstanding business acumen...
