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Black billionaires

From Wikipedia, the free encyclopedia

The richest black person, Aliko Dangote, at theWorld Economic Forum,2011

Black billionairesare individuals who are of predominantlyAfricanancestry with anet worthof at leastUS$1 billion.

According to the 2023Forbesranking of the world's billionaires, Nigerian business magnateAliko Dangotehad a net worth of $13.2 billion and was the world's richest black man.[1]

Other billionaires of African descent on the 2021Forbeslist included Nigerian businessmanMike Adenugawith $6.1 billion, American investorRobert Smithwith $11.8 billion, American businessmanDavid Stewardwith $12.8 billion, American media mogulOprah Winfreywith $2.7 billion, South African gold magnatePatrice Motsepewith $3.0 billion, ZimbabweStrive Masiyiwawith $2.1 billion, Barbadian music artist/entrepreneurRihannawith $1.7 billion,[2]American rapperJay-Zwith $2.5 billion, sports executiveMichael Jordanwith $1.6 billion, Jamaican-Canadian businessmanMichael Lee-Chinwith $1.6 billion, Nigerian businessmanAbdul Samad Rabiuwith $1.6 billion, Nigerian businesswomanFolorunsho Alakijawith $1.1 billion,Mo Ibrahimof the United Kingdom with $1.8 billion, American athleteTiger Woodswith $1 billion, and American media mogulTyler Perrywith $1 billion.[3]

From 2001 to 2003, Forbes listed American television network executiveBob Johnsonas a billionaire,[4]but dropped him after his fortune was split in his divorce.[5]He returned to theForbesBillionaire list in 2007 with a net worth of $1.1 billion. In 2008 Johnson's wealth dropped again, this time to approximately $1.0 billion,[6]and by 2009 he fell off the list again. Nigerian petroleum executiveFemi Otedolabriefly emerged as a billionaire in 2009 but did not remain one in subsequent years. He returned to the list in the company of a fellow Nigerian, sugar tycoonAbdul Samad Rabiu,in 2016, but both were dropped from the rankings the following year.[7]Otedola re-emerged as a billionaire in 2024.[citation needed]

Multiracialbillionaires with significant African ancestry have been identified over the years.Saudi ArabianbillionaireMohammed Al Amoudi,ofHadhramiYemeni and Ethiopian descent, has been on theForbesbillionaire list since 2002 and in 2012 had a net worth of $12.5 billion.[8]Michael Lee-Chinof Canada, who isJamaicanofChineseandBlackancestry, was on the list from 2001 to 2010 but dropped off in 2011.[9]Isabel dos Santosis of both Angolan and Russian ancestry.Alex Karp,US$ 4.1 billion as of 2024. He is the co-founder, and CEO ofPalantir Technologies,has an African-American mother.[10]Rihannais of bothGuyaneseandIrish descent.[11][12]

Of all the above-mentioned billionaires identified byForbes,only Oprah Winfrey qualified forForbes2009's list of the world's 20 most powerful billionaires, a list which considered not only wealth, but also market sway and political clout. Winfrey was considered especially powerful because of her influence on Americanconsumer choicesand her pivotal role inBarack Obama's successful 2008 U.S. presidential campaign.[13]

List of Black billionaires

[edit]

(Wealth valuations byForbesmagazine)

Year Black billionaires Bi/Multiracial billionaires with Black ancestry All billionaires
2001 1:Bob Johnson,$1.6 billionUnited States 1:Michael Lee-Chin,$1 billionJamaicaCanada[14] 538; Richest:Bill Gates,$114 billionUnited States
2002 1:Bob Johnson,$1 billionUnited States 2: 497; Richest:Bill Gates,$52.8 billionUnited States
2003 2: 2: 476; Richest:Bill Gates,$40.7 billionUnited States
2004 1:Oprah Winfrey,$1.1 billionUnited States 2: 587; Richest:Bill Gates,$46.6 billionUnited States
2005 1:Oprah Winfrey,$1.3 billionUnited States 2: 691; Richest:Bill Gates,$46.5 billionUnited States
2006 1:Oprah Winfrey,$1.4 billionUnited States 2: 793; Richest:Bill Gates,$50 billionUnited States
2007 2: 2: 946; Richest:Bill Gates,$56 billionUnited States
2008 5: 2: 1,125; Richest:Warren Buffett,$62 billionUnited States
2009 5: 2: 793; Richest:Bill Gates,$40 billionUnited States
2010 3: 2: 1,011; Richest:Carlos Slim Helu& family, $53.5 billion[28]Mexico
2011 5: 1:Mohammad Al Amoudi,$12.3 billionEthiopiaSaudi Arabia 1,210; Richest:Carlos Slim Helu& family, $74 billionMexico
2012[31] 5: 1:Mohammad Al Amoudi,$12.3 billionEthiopiaSaudi Arabia 1,210; Richest:Carlos Slim Helu& family, $74 billionMexico
2013 5: 2: 1,426; Richest:Carlos Slim Helu& family, $73 billionMexico
2014 7: 2: 1,645; Richest:Bill Gates,$76 billionUnited States
2016 11: 2: 1,810; Richest:Bill Gates,$75 billionUnited States
2019 12: 4: 2,153; Richest:Jeff Bezos,$110 billionUnited States
2020 14: 4: 2,095; Richest:Jeff Bezos,$113 billionUnited States
2021–2022 17: 6: 2,755; Richest:Elon Musk,$271.9 billionSouth AfricaCanadaUnited States[49]
2023 15: 5: 2,540; Richest:Bernard Arnault& family, $211 billionFrance[54]
2024 15: 5: 2,781; Richest:Bernard Arnault& family, $233 billionFrance[59]

References

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