Every year, Forbes updates its list of the richest people in the world, and every year, there are plenty of black personalities there who make people all over the planet proud. 2021 was no exception, and here are the top 10 black billionaires in the world according to Forbes.
10. Michael Jordan
Michael Jordan got his fame as a talented basketball player, but he also proved to be a gifted businessman. One of his main sources of income is product endorsements with Air Jordan sneakers being the best-known one, although he also owns a stake in several sports clubs.
- Net worth: $1.6 billion.
9. Kanye West
Only a few years ago, Kanye West was mostly known as a prolific musician with a number of hit records under his belt. Since then, Kanye has also stepped into various businesses, including a fashion line and co-owning the TIDAL streaming service with Jay-Z.
- Net worth: $1.8 billion.
8. Patrice Motsepe
The South African entrepreneur Patrice Motsepe got his big start in mining after founding the African Rainbow Minerals company that specializes in mining precious metals. Motsepe is also the owner of a South African football club and a philanthropist.
- Net worth: $2.3 billion.
7. Strive Masiyiwa
Strive Masiyiwa is originally from Zimbabwe but is now based in London. Masiyiwa is best known as the founder of Econet Global, an international telecommunications company that is represented on nearly every continent. He also gives a lot of his wealth to charity.
- Net worth: $2.4 billion.
6. Oprah Winfrey
Oprah Winfrey is an American TV personality and entrepreneur, but her business acumen and vibrant personality made her famous all over the planet. Oprah has her own magazine, a stake in a food business, and is an inspiration for millions of other black women.
- Net worth: $2.7 billion.
5. Abdul Samad Rabiu
Abdul Samad Rabiu, born in Kano, Nigeria, is the founder and chairman of BUA Group, a Nigerian-based conglomerate with interests in agriculture, manufacturing, and infrastructure. His other major business venture is being the chairman of the Nigerian Bank Of Industry.
- Net worth: $3.2 billion.
4. David Steward
David Steward is an American businessman whose biggest and most profitable business is World Wide Technology, a company he founded in 1990 to provide technology and supply chain services to all kinds of customers. His other business is Telcobuy that deals with telecommunications.
- Net worth: $4 billion.
3. Robert Smith
Born and raised in the United States, Robert Smith is best known as an investor and founder of Vista Equity Partners, a private equity firm. Smith is also a chemical engineer with a degree and a philanthropist – for example, in 2015, he sponsored college education for the returned Boko Haram girls.
- Net worth: $5 billion.
2. Mike Adenuga
Mike Adenuga is a household name in Nigeria. He is the third richest person in Africa and second richest person in Nigeria. His main business ventures include Globacom, a telecommunications operator, Equitorial Trust Bank, and Conoil, an oil exploration company.
- Net worth: $9.1 billion.
1. Aliko Dangote
As the richest person in both Africa and Nigeria, as well as the richest black businessman in the world, Aliko Dangote hardly needs any introduction to anyone who watches the news. Aliko Dangote has a lot of business interests that range from rice and cement to oil and gas, which all operate under the Dangote Group.
- Net worth: $13.5 billion.