Wednesday, 29 May 2019

Top 10 Richest Black Billionaires In The World 2019

top-10-richest-black-billionaires-world

There are a lot of wealthy people in the world,however there

are a couple of individuals that has managed to be ranked among the richest in the world by American magazine Forbes.

This article contains the countdown of the top 10 richest black billionaires with black origin in the world.


There are 13 black billionaires in the world out of about 2,153 billionaires in the world. 

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Nigeria has the highest number of black billionaires in the world. There are 4 Nigerian billionaires out of the 13 black billionaires in the world.

According to forbes,here are the top 10 richest black billionaires in the world this year.

Top 10 Richest Black Billionaires In The World


1. Aliko Dangote > $10.9 Billion US Dollars


Aliko Dangote is the current richest black billionaire on earth in 2019 with a net worth of  $10.9 Billion Dollars.


The shrewd Nigerian business man has interest in trading on commodities like cement, flour and sugar.

He has also diverted into the oil and gas sector,he is said to be building a private oil refinery in Nigeria that has the capacity to refine up to 6500,000 barrels a day.

He is the CEO of Dangote Group, the group is the  largest industrial conglomerate in West Africa.


2. Mike Adenuga >  $9.1 Billion US Dollars


Mike Adenuga is a Nigerian born billionaire,he is ranked by Forbes as the 2nd richest person with black origin in the world.


Mike has a major interest in the Nigerian oil and mobile telecommunications industry. He is the CEO of Conoil and Globacom telecom.


3. Robert F. Smith > $5 Billion Dollars


The number 3 richest black billionaire in the world is a black American named Robert F. Smith.


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Robert was a former Goldman Sachs executive,he founded Vista Equity Partners,his company invest primarily in software companies.


His company has more than $46 billion dollars in assets.


4. David Steward > $3 Billion US Dollars


The 4th richest black billionaire in the world is David Steward.

He is the co founder and chairman of IT provider World Wide Technology.
He is the 2nd American billionaire on our countdown.

Read Also: Top 10 Richest Billionaire Men & Women In Africa


5. Oprah Winfrey >  $2.5 Billion US Dollars


Oprah Winfrey is an African American billionaire,she is also currently the richest black billionaire woman in the world.


Oprah made her fortune from her daytime TV show,she also owns a production company called the Harpo production company.


Apart from owning her own production company she also owns her own cable network called the Oprah Winfrey Network.

She has been in the media business for over 25 years.

6. Strive Masiyiwa > $2.4 Billion US Dollars


The first Zimbabwean to make this list is Strive Masiyiwa.

Strive is the founder of Econet which a telecommunications company that is available in different African countries.

7. Isabel Dos Santos > $2.3 Billion US Dollars


Isabel Dos Santos is the 7th richest black billionaire in the world. Isabel is the oldest daughter of Angola’s former president.


The billionaire has a 25% stake in Angolan mobile phone company Unitel and a 25% stake in Angolan bank named Banco BIC SA.


8. Patrice Motsepe >  $2.3 Billion US Dollars


Patrice Motsepe is the only black billionaire from South Africa on this list,he has a net worth of about $2.3 Billion US Dollars.

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He founded African Rainbow Minerals (ARM).
His company the ARM is a mining company that has in platinum,nickel,chrome,iron,manganese,coal,copper and gold.

He also has a stake in African Rainbow Capital which is a private equity firm that focus on investments in the financial services sector.


9. Michael Jordan > $1.9 Billion US Dollars


Michael Jordan is one of the greatest basketballer in the history of basketball.

Michael is a major shareholder of the Charlotte Bobcats,he also has contract with different high end sport brands in the world.

Must Read: Top 3 Richest Billionaire Black Women In The World

His main income comes from the Jordan Brand which is a $1 billion (sales) sportswear partnership with sportswear giant Nike.


10. Michael Lee-Chin > $1.9 Billion Dollars


The 10th richest billionaire person with black origin in the world this year is Michael Lee-Chin.


Michael made money from investing in financial companies. He has a 65% stake in the National Commercial Bank of Jamaica.


Other black billionaires in the world include:-


  • Abdulsamad Rabiu > ($1.6 billion USD)
  • Folorunsho Alakija > ($1.1 billion USD)
  • Mohammed Ibrahim > ($1.1 billion USD)


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