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Home African American Wealth

Meet the 15 Richest Black Billionaires in the World

April 27, 2024
in African American Wealth
Meet the 15 Richest Black Billionaires in the World


In recent years, the number of black billionaires has been on the rise. These successful individuals have achieved remarkable feats in various industries, from technology to entertainment, and have amassed incredible wealth along the way. Let’s take a closer look at the 15 richest black billionaires in the world today.

1. Aliko Dangote – Nigerian businessman Aliko Dangote is the richest black billionaire in the world, with an estimated net worth of $11.3 billion. He made his fortune in the cement industry and has diversified his investments into sectors such as agriculture, telecommunications, and oil.

2. Mike Adenuga – Another Nigerian businessman, Mike Adenuga, is the second richest black billionaire globally, with a net worth of $6.1 billion. He is the founder of Globacom, one of the largest telecommunications companies in Nigeria, as well as the chairman of Conoil, a petroleum marketing company.

3. Robert F. Smith – American investor and philanthropist Robert F. Smith has a net worth of $6 billion, making him one of the wealthiest black billionaires in the world. He is the founder and CEO of Vista Equity Partners, a private equity firm that specializes in investing in software companies.

4. David Steward – With a net worth of $3.9 billion, David Steward is one of the richest African American billionaires in the world. He is the co-founder and chairman of World Wide Technology, a technology company that provides services such as cybersecurity and data analytics.

5. Patrice Motsepe – South African businessman Patrice Motsepe is worth $3.2 billion and is the founder and executive chairman of African Rainbow Minerals, a mining company. He is also the president of Mamelodi Sundowns Football Club, a successful football team in South Africa.

6. Isabel dos Santos – The daughter of former Angolan president Jose Eduardo dos Santos, Isabel dos Santos is worth $2.6 billion and is known as Africa’s richest woman. She has investments in multiple industries, including telecommunications, banking, and energy.

7. Mohammed Ibrahim – Sudanese-British billionaire Mohammed Ibrahim has a net worth of $1.2 billion. He is the founder of Celtel, a mobile phone company that operates in several African countries, and has since become a leading philanthropist through his foundation, the Mo Ibrahim Foundation.

8. Oprah Winfrey – American media mogul Oprah Winfrey is worth $2.7 billion, making her one of the most successful black billionaires in the world. She is best known for her talk show, “The Oprah Winfrey Show,” as well as her production company, Harpo Productions, and her cable network, OWN.

9. Strive Masiyiwa – Zimbabwean businessman Strive Masiyiwa has a net worth of $2.6 billion and is the founder and executive chairman of Econet Wireless, a telecommunications company that operates in several African countries. He is also a prominent philanthropist and has been recognized for his efforts to improve education and healthcare in Africa.

10. Kanye West – American rapper and fashion designer Kanye West is worth $1.8 billion and is one of the wealthiest black entertainers in the world. He has achieved success in the music industry, fashion industry, and as an entrepreneur, with investments in companies such as Yeezy, his clothing line, and various real estate ventures.

11. Michael Jordan – Former basketball player Michael Jordan is worth $1.6 billion and is known as one of the greatest athletes of all time. He has transitioned from his career in sports to become a successful businessman, with investments in the NBA team the Charlotte Hornets, as well as endorsements and partnerships with brands such as Nike.

12. Jay-Z – American rapper and businessman Jay-Z is worth $1.4 billion and is known for his music career as well as his successful business ventures. He has investments in companies such as Tidal, a music streaming service, as well as partnerships with brands such as Roc Nation, his entertainment company.

13. Robert Johnson – American entrepreneur Robert Johnson is worth $1.4 billion and is the founder of Black Entertainment Television (BET), a cable network that focuses on African American culture. He has also been involved in various business ventures, including the Charlotte Bobcats, an NBA team.

14. Tyler Perry – American actor and filmmaker Tyler Perry is worth $1 billion and is known for his successful career in the entertainment industry. He has built a media empire with his production company, Tyler Perry Studios, which produces films, TV shows, and stage plays.

15. Janice Bryant Howroyd – American entrepreneur Janice Bryant Howroyd is worth $1 billion and is the founder and CEO of The ActOne Group, a global staffing and consulting firm. She is the first African American woman to own a billion-dollar business and has been recognized for her achievements in entrepreneurship and leadership.

These 15 black billionaires have defied the odds and achieved incredible success in their respective fields, demonstrating that with hard work, determination, and passion, anything is possible. Their stories serve as inspiration to aspiring entrepreneurs and business leaders around the world, showing that diversity and representation are key to creating a more prosperous and equitable society.

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