Whenever you hear about a billionaire, black billionaires suddenly click your mind, and you wonder that 15 black billionaires have a net worth of 1 billion dollars in the world. Black billionaires are the second name of success and richness. There are only 15 black billionaires out of the 2,755 billionaires in the whole world, who made their name and fame with hard work, mind work, and a lot more struggles. It’s enthralling to know who the people are and what they did to earn this much. Let’s explore the names of those top black billionaires who are the most financially successful people ever.
1. Aliko Dangote
- Net Worth: $13.6 Billion
- Country: Nigeria
- Born: 1957
- Income Sources: Cement, Sugar, Self Made
The first richest black billionaire on the list who has earned a lot of money, name, fame, and respect is Aliko Dangote. He is considered a top cement producer as he is the founder and chairman of Dangote Cement. Also, he is one of the top-notch and wealthiest people in Nigeria, Africa. Dangote holds an 85% stake in his publicly-traded company. A $3,000 loan was used to build part of his business empire. Also, he is currently involved in the production of one of the largest crude oil refineries and is highly involved in Salt and Sugar manufacturing. The net worth of Aliko Dangote is $13.6 Billion that almost break all the records of billionaire people.
2. Robert F. Smith
- Net Worth: $6.7 Billion
- Country: United States
- Born: 1962
- Income Sources: Private equity, Self Made
A technology investor and philanthropist, Robert F Smith, has gone far beyond the word RICHNESS, as his net worth is $6 Billion. The digit of net worth is itself a motivation for all. He established and served as CEO of Vista Equity Partners, over $50bn in assets in 2000. The company has achieved the performance of investing in software companies that go on to do well. Isn’t it the example of how struggle pays off and helps achieve the ultimate goals?
3. Mike Adenuga
- Net Worth: $6.4 Billion
- Country: Nigeria
- Born: 1953
- Income Sources: Telecom, Oil, Self Made
Do you know who became the second richest man in Nigeria? Yes, no other than Mike Adenuga. He has built himself by starting over his oil production, a telecom company, and Globacom. He never stopped there but explored more interest in business across several sectors of the economy and various parts of Africa. His net worth is excessive and huge as a number, $6.2 Billion.
4. David Stewart
- Net Worth: $5.8 Billion
- Country: United States
- Born: 1951
- Income Sources: IT provider, Self Made
A founder and chairman of IT provider World Wide Technology, David Steward, earned so much fame, name, and money as this company is not just a typical tech company, and he is not just a casual founder. David is considered the fourth-richest black person in the world.
The net income of Steward is $3.7 Billion that creates excitement and spark for many others. Similar to many others, he was an ordinary person with an average background as a salesman, but those who get motivation on time make his name just like David. He got motivated by his father, and both have contributed to struggles and hard work to get entrepreneurial success. What’s stopping you from making yourself worth more than David, but hardships and struggles are mandatory.
5. Abdulsamad Rabiu
- Net Worth: $4.6 Billion
- Country: Nigeria
- Born: 1960
- Income Sources: Cement, Sugar
Abdulsamad Rabiu recognized himself as a chairman of BUA Group and ranked up his billion-dollar net worth, $4.6 Billion. A Nigerian conglomerate had substantial investments in sugar refining, cement production, and real estate.
It has been introduced that in the previous year, Abdulsamad Rabiu has built his own business empire by combining two of his cement production companies, Obu cement company and Cement Co. of North Nigeria. Living wise and acting smart is the ultimate key to his well-known name and his success.
6. Oprah Winfrey
- Net Worth: $2.6 Billion
- Country: United States
- Born: 1954
- Income Sources: TV shows, Self Made
If you are a woman and want to get inspiration, remember Oprah Winfrey, who has a net worth of $2.6 Billion and started her career as an anchor. Everybody needs to start from some point, she has started her career and now become one of the leading and successful billionaires as she is one of the most media giants in the industry. She has her own TV network, and there she occupies 25.5%. It has been reported that she has a content creation agreement with Apple TV. The only woman on the top billionaires’ list is Winfrey, and her powerful asset is her build brands that she owned.
7. Strive Masiyiwa
- Net Worth: $2.6 Billion
- Country: Zimbabwe
- Born: 1961
- Income Sources: Telecom, Self Made
Strive Masiyiwa is one of the brilliant black Zimbabwean billionaires who made his fortune by struggling up hard till feat to accomplish. He conquered a protracted government opposition and originate his mobile phone network. He was awarded a license to establish and operate a mobile telecom service in Zimbabwe by the Constitutional Court of Zimbabwe in 1998. His continuous struggles and never ended efforts figured him on the top billionaires’ list of Africa since 2019. Even he’s been highlighted on Forbes and assists Netflix’s board of directors. It’s exciting to know about the billionaires to keep yourself motivated and Strive Masiyiwa has settled the standards for success, brilliance, and wealth. His net income is $2.6 Billion.
8. Patrice Motsepe
- Net Worth: $2.5 Billion
- Country: South Africa
- Born: 1962
- Income Sources: Mining, Self Made
Patrice Motsepe, South African founder and chairman of African Rainbow Minerals, is one of the richest and billionaire black men. In 2008, he was considered the first billionaire on Forbes list. It has been reviewed that he purchased low-priced mining shafts and earned a lot by making them profitable. He invested in the sports and owned the top Football Clubs, Mamelodi Sundowns FC in South Africa. Motsepe’s net worth is $3.1 Billion.
9. Kanye West
- Net Worth: $1.8 Billion
- Country: United States
- Born: 1977Â
- Income Sources: Music, Sneakers, Self Made
It’s been a year that Kayne West became a certified billionaire. The net worth of Kayne West is around $1.8bn and grow in the near future. He is a rapper and a fashion tycoon, and he has reached this position with a lot of struggle and smart work. Yeezy, his thriving apparel and trainer brand, and a new multi-year agreement with retailer Gap add significant growth.
10. Rihanna Fenty
- Net Worth: $1.7 Billion
- Country: United States
- Born: 1988Â
- Income Sources: Music, Fenty Beauty
Robyn Rihanna Fenty is the youngest billionaire on this list and we all know she is a Barbadian singer, actress, fashion designer, and businesswoman in the United States. But she was born Saint Michael and raised in Bridgetown, Barbados, Rihanna was discovered by American record producer Evan Rogers. However, She isn’t the only celebrity who capitalize social media presence but she has 110 million followers on Instagram and 103 million followers on Twitter which was inspired her to build a beauty brand.
And she did. She launched her own beauty brand Fenty Beauty partnership with French luxury goods company LVMH in 2017. The makeup brand was an instant hit, according to reports it has got $100 million sales within the first 40 days. Forbes has estimated that over 80% of Rihanna’s fortune come from Fenty Beauty which helps her to become a billionaire at a young age. Now, her net worth is around $1.7 Billion.
Related: Top 12 Youngest Billionaires in the world
11. Michael Jordan
- Net Worth: $1.6 Billion
- Country: United States
- Born: 1963
- Income Sources: Charlotte Hornets, Endorsements, Self Made
An all-time player of the NBA, Michael Jordan, got famous and enormous prominences by landing lucrative deals with Nike for the world-famous Jordan Sneakers. The Nike deal proved to be one of the luckiest charms for Jordan. He had other investments too. It has been reported by AfroTech that the billion-dollar fortune was already assumed as the richest former professional athlete by his hard work, time, and dedication. He is an example for people to work hard and achieve their goals. It was also reported that he joined the billionaire club in 2014. For the past five years, Jordan became a part of Forbes’ billionaire list. The net worth of Michael Jordan is $1.6 Billion.
12. Michael Lee-Chin
- Net Worth: $1.4 Billion
- Country: Canada
- Born: 1951
- Income Sources: Mutual funds, Self Made
Michael Lee-Chin, a philanthropist and Jamaican-Canadian businessman, became a billionaire when he invested in well-known and reputable financial companies like National Commercial Bank Jamaica and AIC Limited. Lee-Chin is considered one of the richest Jamaicans, and he has a net worth of $1.5 Billion. In 2010, he first started Forbes’ billionaires’ list and emerged successively for the last four years. He’s such a humble man and donated around 60 million to universities and hospitals. The reason behind his success is the hard work and energetic work by investing and known as one of the top black billionaires in the world.
13. Shawn Carter (Jay-Z)
- Net Worth: $1.4 Billion
- Country: United States
- Born: 1969
- Income Sources: Multiple, Self Made
Do you want to know the name of Hip Hop culture’s first billionaire? Of course, you already know the name- Jay Z, songwriter, rapper, record executive, media proprietor, and businessman. Armand de Brignac, Roc Nation, his D’Usse cognac, art collection, music royalties, real estate ventures, and investments from startups such as Sweetgreen and Ethos sales stemmed his heavy wealth. His vision and hard work made him what he is today. His net worth is $1.4 Billion. Jay Z, Shawn Carter is on the number 14 in the list of top 15 billionaires.
14. Mohammed Ibrahim
- Net Worth: $1.1 Billion
- Country: United Kingdom
- Born: 1946
- Income Sources: Communications, Self Made
Mohammad Ibrahim proved that how well he traded Celtel to Kuwait’s Mobile Telecommunications Company for $3.4 billion in 2005 and pocketed $1.4 billion. He is one of the richest black men as he has a bulk asset in Satya Capital. It is basically a private equity fund that offers investments in African businesses, such as Pan-African digital firm company Cellulant. His net worth is $1.1 Billion.
15. Tyler Perry
- Net Worth: $1 Billion
- Country: United States
- Born: 1969
- Income Sources: Movies, Television, Self Made
Tyler Perry is an actor, director, producer, writer, playwright, and all-around creator with a lot of achievements right from their humble start. Of course, a person with this much talent does something big and makes a name in history, and this is what he does. The transformation of Perry from a Hollywood star with his 30 movies, 20 plays, and eight TV shows lead him to the world’s one of the richest men. His net worth is $1 Billion, and how can we forget to mention that his Black-owned 330-acre studio lot is the most extended in the country.
