TOP 10 Richest Blackman in the World

The wave of protests that started in the United States after George Floyd’s death, an unarmed black man, by a white policeman in Minneapolis has drawn attention to issues sensitive to society, such as racial representativeness, including in the financial market.

Compared to white people, schooling, health, and employment rates in the United States and Brazil are lower among blacks. According to Forbes magazine’s list of billionaires, the situation is no different when it comes to the world’s richest group.

According to the publication, of the 2,153 people cited in the edition of the list finalized in 2019, only 13 are black, a small increase compared to the 11 registered in the previous year. The result remained in the ranking released this year.

1- Aliko Dangote

Aliko Dangote net worth

The first place on the list is occupied by Nigerian businessman AlikoDangote, who leads the ranking of the richest blacks in the world and the richest man in the African continent.

The tycoon is the founder and executive director of Dangote Group, Africa’s largest cement producer, Dangote Cement. The company is publicly traded on the Nigeria stock exchange, and the businessman owns 85% of the shares.

The descent of a wealthy family and the extent of their empire, with participation in consumer goods companies, place Dangote 213th on the Forbes list, with a fortune estimated at US $ 8.3 billion (about R $ 41 billion).

2- Mike Adenuga

Mike Adenuga net worth

Just behind comes another Nigerian, the second richest man in Africa, Mike Adenuga. The businessman built his fortune estimated at US $ 5.9 billion in the fields of oil and communications.

Adenuga owns the Conoil Producing Company, one of the first companies in his country to obtain a license to explore the commodity in the early 1990s. The entrepreneur is also the founder and owner of Globacom, a Nigerian mobile phone network that wastes more than 40 million subscribers in the country and other nations of the continent

3- Robert F. Smith

Robert F. Smith net worth

Robert F. Smith is the first on the list born outside the African continent. The former Goldman Sachs executive was born in the United States and founded the private equity firm Vista Equity Partners, which focuses exclusively on software companies’ investment.

The company is one of the largest asset managers globally and ranks among the best-performing private equity companies. The businessman was also known for paying off student debts for all students at a university in Atlanta.

According to the Forbes list, this all contributed to putting Smith in the third place in the ranking as the richest black man in the United States, with equity of US $ 5 billion.

4- David Steward

David Steward net worth

David Steward, for his part, is among the top five for being a co-founder and president of the technology service provider World Wide Technology.

The company remains focused on the company’s commercial, public and telecommunications services sectors. It has posted revenue of $ 11.2 billion in sales and customers such as Citi, Verizon, and even the United States federal government.

His company’s position placed the second American on the list of the world’s largest black billionaires. David Steward has an estimated fortune of $ 3.5 billion, according to the real-time ranking.

5- Abdulsamad Rabiu

Abdulsamad Rabiu net worth

Another Nigerian businessman among the richest black billionaires in the world, AbdulsamadRabiu, is the founder and owner of the BUA Group. This conglomerate operates in the production of cement and consumer goods like sugar, as well as in the real estate sector.

The businessman had dropped from the list of billionaires in the Forbes list in 2015. However, he returned in the year 2019, rising more and more in the ranking since then. Currently, the North American publication index estimates that Rabiu has a net worth of US $ 3.2 billion.

6- Oprah Winfrey

Oprah Winfrey net worth

In addition to the five richest blacks on the planet, it is worth mentioning that the sixth place on the list of billionaires of African descent is a woman, former presenter Oprah Winfrey.

Given her 25 years of what has become the most-watched daytime talk show on television, “The Oprah Winfrey Show,” the presenter remains the richest black woman in the world. In addition, its film production company, Harpo, and its cable channel, Oprah Winfrey Network (OWN), continue to bring positive returns.

In addition, Oprah is a great philanthropist and was considered the most generous celebrity, focusing on educational causes. The only black billionaire on the list has spent nearly $ 100 million on her association, Oprah Winfrey Leadership Academy for Girls, to educate girls in South Africa.

7 – Michael Jordan

Michael Jordan net worth

The last on our list is the most famous among them and occupies a fun position in the ranking: Michael Jordan, one of the greatest players in the NBA, is the 1001st richest man in the world.

He has won six titles with the Chicago Bulls and, despite having been out of the sport for 17 years, his wealth continues to grow.

In his 15-year career, Jordan has been the highest-paid player in the NBA for just two seasons. Despite this, the 57-year-old knew how to take advantage of the opportunities: his basketball salary totaled $ 90 million, but he won another $ 1.8 billion in sponsorships – some brands, such as Nike, Hanes, Gatorade, and Upper Deck, have business with Jordan today.

The athlete also knew how to invest his money. In 2010, it purchased a majority share of Charlotte Hornets, whose total value was $ 175 million. Nine years later, the player sold only a small part of the team in a deal that valued the Hornets at $ 1.5 billion.

8- Folorunso Alakija 

Folorunso Alakija net worth

FolorunsoAlakija is the richest woman in Nigeria. She was also listed as the richest black woman in the world in 2014. She is a business tycoon with investments in oil, printing, and the fashion world (a sector she was involved in in the early days).

9- Mohammed Ibrahim

Mohammed Ibrahim net worth

Mohammed Ibrahim is a Sudanese-British who made his money from telecommunications. He was the man behind Celtel before selling it for $ 3.4 billion in 2005. Later, he created the Mo Ibrahim Foundation in 2006, the foundation awards scholarships to African students who wish to continue their studies in several schools in the UK.

Final words

The good thing about this list is that we have individuals who have achieved it from different stages of life, we have those who literally made it without having anything before, and we also have those who were born into wealth. The list includes black individuals from around the world, with Nigerians and Americans currently topping the list with 3 individuals from each country.