Black Richest Person in the World: Let’s Find Who is on the Top!

Since slavery and colonialism, black people have come a long way. They lead the way and show others how to do things. You can find them in a wide range of industries and business areas. So, it's not a big surprise that some of them are among the wealthiest people in the world.

These people have gone against the odds and broken through glass ceilings to become billionaires. Getting to this point has taken many years of hard work, learning, and discipline. Every year, more and more black people join the club of billionaires. Who can say? Your name could be here soon, but it won't happen all at once.

Okay, enough said! You must be ready for the long haul and give it your all. Look at the black billionaires alive today and how much money they have. You could be a billionaire one day if you have a stroke of luck and the universe is on your side.

10. Rihanna

Forbes says that Rhianna is one of the 236 new billionaires worldwide (2021). She is well-known for her music, acting, designing clothes, and business skills. Her cosmetics brand, Fenty Beauty, is famous for making her a billionaire.

This is because of how well it did. Rhianna is now the world's wealthiest female musician after Oprah Winfrey. With an upcoming launch in 8 African countries, it's clear that the brand's market share will grow in the coming year.

Black Richest Person in the World

She is the second richest female entertainer. She is worth $1.7 billion. With her businesses and career doing well, it's safe to say that she will be one of the wealthiest black billionaires for a long time.

9. Kanye West

On this list of black billionaires, Kanye West is one of three musicians. Kanye's record-breaking music sales (over 160 million) and his most successful move into fashion has helped him make a lot more money.

Black Richest Person in the World

Kanye West has a deal with Adidas and GAP worth $3.2 billion for his Yeezy line. He is the only owner of Yeezy and is said to make between $150 million and $200 million each year. Kanye is worth 2 billion dollars (1.8 in 2021).

8. Michael Jordan

With a net worth of $1.7 billion, Michael Jordan joined the club of the wealthiest black billionaires (1.6 in 2021). He has been called the best basketball player for a good reason. He won six NBA titles and 14 MVP awards, played in 14 all-star games, and was in the hall of fame.

Black Richest Person in the World

Michael's sponsorship deals with Gatorade, Hanes, and Upper Deck are still in place, even though he has been retired for 19 years. He also makes a lot of money from his 26 signature shoe lines, and his majority shares ownership of the NBA team, the Charlotte Hornets.

7. Oprah Winfrey

Oprah Winfrey is amazing; she broke new ground and is very successful. She has come a long way since she was a poor black girl who was molested and lost a baby at a young age.

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Even though the odds were against Oprah, she has become a model of courage and determination, showing other young black women what's possible. The total amount of money Oprah Winfrey has is $2.6 billion (2.7 in 2021).

Black Richest Person in the World

She started working at a grocery store and went on to win the Miss Tennessee pageant, be the first black news anchor, and host the famous Oprah Winfrey Show. This shows how successful she is. She is the chairwoman and CEO of Oprah Winfrey Network and Harpo Productions.

6. Patrice Motsepe

Patrice Motsepe is a black billionaire born in Soweto and made his money from mining. He started and is the head of the company African Rainbow Minerals, which is interested in gold and platinum.

Black Richest Person in the World

Since March 2012, Patrice has also been president of the Confederation of African Football (CAF). Motsepe has a net worth of $3.3 billion (2.9 in 2021).

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5. David Steward

With $5.8 billion, David Steward is third on the list of black billionaires (3.7 in 2021). Even though Steward was poor and treated differently because of his race when he was young, he became a well-known person.

Black Richest Person in the World

He has been a salesman (like his father), a manager of the production, and an accountant. In 1990, he started an IT company called World Wide Technology, which has done well for a long time.

4. Abdul Samad Rabiu

Here's another black billionaire with a net worth of $6.9 billion who is from Nigeria (4.9 in 2021). Abdul started the Nigerian conglomerate BAU, which has a wide range of business interests and has been in business since 1988.

Black Richest Person in the World

They started by trading goods, adding building materials, and building rolling mills. Other things that interest him are real estate, infrastructure, and making cement.

Abdul is the owner of Nigeria Oil Mills, the largest oil processing company in Nigeria. He also makes money from the vast BAU business.

3. Strive Masiyiwa

In one year, Strive Masiyiwa's wealth has grown by $900 million. The Zimbabwean businessman in telecommunications is worth $2.4 billion (1.5 in 2021). Strive started Econet Wireless Zimbabwe in 1998, even though the government was against it.

Black Richest Person in the World

Since then, the company has grown a lot. Strive Masiyiwa has stakes and investments in Africa's fintech and power distribution companies. He also has investments in mobile phone networks in other countries. He has a group called the Higherlife Foundation that helps poor and orphaned kids in Africa.

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2. Mike Adenuga

Mike Adenuga, also from Nigeria and worth $7.3 billion, comes in second (6.1 in 2021). Mike started Globacom, which is Nigeria's second-largest telecom company. He is also a shareholder in other companies, such as Equitorial Trust Bank, and has interests in oil (Conoil).

Black Richest Person in the World

Mike Adenuga didn't get off to the best start in life because he drove a taxi. He ended up attending school, and after getting his degree, he got an MBA. His lace and soft drinks business helped him get to the point where he was a millionaire.

1. Aliko Dangote

Aliko Dangote has a net worth of $14 billion, making him the wealthiest black billionaire (11.5 in 2021). He started the Dangote cement company and owned about 88% of the company's shares. Dangote has also made a lot of money by investing in companies that make salt and sugar.

Black Richest Person in the World

Dangote has been married and divorced twice, like many other wealthy people. With the Dangote refinery built in the Lekki Free Zone near Lagos, the business mogul will likely make more money next year. The refinery will produce 650,000 barrels of oil each day.

Conclusion

Every person on this list of billionaires worked hard to get where they are, and their accomplishments always show how hard they worked. But it takes more than hard work to keep going and not give up. It takes commitment and patience.

These billionaires have problems with their businesses, families, and jobs, but they don't let those things stop them. Also, billionaires never think they know everything or have done everything.

They read books, take classes, and have a group of people who help them and advise them. Becoming a billionaire is not easy, but it's not impossible. You can be on this list, and so can everyone else.

Ethan Cosh
Ethan Coshhttps://michigansportszone.com
With One year of publishing experience as a fiction editor for MichiganSportsZone, I am focused on science fiction, fantasy, and the net worth of celebrities. Additionally, I love to play a little music, and I view the writer/editor teamwork as much as I do when performing music with friends.

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