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There Are Only 15 Black Billionaires In The World, See Top 10 In 2022

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There Are Only 15 Black Billionaires In The World, Here are the See Top 10 In 2022

Are you surprised that there are just 15 Black Billionaires In The World today? Imagine how many black people in the world have a net worth of 1 billion dollars and above?

Brand News Day Nigeria has compiled the list of the 15 Black Billionaires In The World today. Well, there are just 15 Black people who make up less than 1% of all billionaires in the world according to Visual Capitalist.

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According to the Forbes list of the world’s billionaires, there are 2,755 billionaires in the world and there are just 15 blacks amongst them. Here is a quick list of who they are and what they do.

There Are Only 15 Black Billionaires In The World, See Top 10 In 2022

Michael Jordan ( $1.6bn )

Michael Jordan is an NBA all-star great who made his fortune by landing lucrative deals with Nike for the world-famous Jordan Sneakers. He also has a couple of other investments but the Nike deal is the elephant in the room.

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Kanye West ($1.8bn)

The controversial musician and fashion mogul made the headlines recently for his richest black man in history claim. His biggest business move was a lucrative apparel deal with Adidas which propelled his net worth to $1.8bn. His net worth is expected to grow in the coming years with another lucrative GAP deal in the bag.

Alexander Karp ($2bn)

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African American IT Billionaire is the co-founder and CEO of data-mining firm Palantir Technologies, which received early backing from CIA investment arm, In-Q-Tel. His company works for top government bodies which include the CIA and the FBI. He identifies as a White American but his mother is African American making him a mixed race.

Oprah Winfrey ($3.1 billion)

Oprah Winfrey is the only woman on the list. She made her fortune hosting a 25-year-old hit show which she successfully turned into a media empire. She also launched her own cable channel where she owns 25.5%. Oprah Winfrey’s strongest asset is her brand which she has built and honed over the years.

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Patrice Mosepe ( $1.15 billion )

Patrice Motsepe is the richest black man in South Africa and the CEO of African Rainbow Minerals. He was the first black man to become a billionaire on the Forbes list. He bought low-priced mining shafts and made them profitable. He is also a sports investor owning one of South Africa’s top Football Clubs, Mamelodi Sundowns FC.

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David Stewart ( $3.7bn )

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The IT mogul’s company World Wide Technology is worth over $12bn with big clients like Verizon, Citi bank and the Government. The company provides digital strategy, innovative technology and supply chain solutions to large public and private organizations around the globe.

Abdulsamad Rabiu ($4.8bn)

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Abdulsamad Rabiu is a Nigerian business Mogul that owns a staggering 98.5% of BUA Cement. He is also the Chairman of BUA Group, a Nigerian conglomerate with large investments in cement production, real estate and sugar refining. He seems to be keeping close tabs on Aliko Dangote and recently had a brief squabble with him.

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Robert F. Smith ( $4.4 billion )

Robert F. Smith is the founder of one of the best performing private equity firms in the world. He founded Vista Equity Partners in 2000 which has over $50bn in assets. The company has perfected the art of investing in software companies that go on to do well. Robert F. Smith however has a little dent in Tax evasion cases with the US Government.

  • Aliko Dangote, $14.4 billion.

  • Mike Adenuga, $9.9 billion.

  • Robert Smith, $4.4 billion.

  • Oprah Winfrey, $3.1 billion.

  • Femi Otedola, $1.85 billion.

  • Strive Masiyiwa, $1.8 billion.

  • Folorunsho Alakija, $1.55 billion.

  • Patrice Motsepe, $1.15 billion.

Mike Adenuga ( $9.9 billion )

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The second richest man in Nigeria is also the second richest black man in the world. The telecommunication and oil mogul is the arrowhead behind two of Nigeria’s foremost Companies Globacom and Conoil. Globacom has 55 million subscribers while Conoil operates 6 oil wells.

Aliko Dangote ( $14.4 billion )

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The richest black man in Africa who doubled as a Nigerian, and a renowned world-class who makes the majority of his fortune from his cement brand which is the largest in Africa. Alhaji Dangote owns an 85% stake in his publicly-traded company.

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He is also into Salt and Sugar manufacturing and is currently building the largest crude oil refinery in Africa.

What you should know

  • There are 15 black billionaires in the world and we just highlighted the top 10.
  • Out of the 2,755 billionaires in the world, only 15 are black.
  • The first, second and the fourth richest men are all Nigerians and they made a huge percentage of their money from the Nigerian market.
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