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Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion. According to the 2023 Forbes ranking of the world's billionaires, Nigerian business magnate Aliko Dangote had a net worth of $13.2 billion and was the world's richest black man.
YearBlack BillionairesBi/multiracial Billionaires With Black ...All Billionaires202415: Aliko Dangote, $13.5 billion [55] ...5: Mohammad Al-Amoudi, $9.43 billion [58] ...2,781; Richest: Bernard Arnault & family, ...202315: Aliko Dangote, $14.2 billion [50] ...5: Mohammad Al-Amoudi, $9.05 billion [53] ...2,540; Richest: Bernard Arnault & family, ...2021–202217: Aliko Dangote, $11.5 billion [43] ...6: Mohammad Al-Amoudi, $5.45 billion [48] ...2,755; Richest: Elon Musk, $271.9 billion ...202014: Aliko Dangote, $8.3 billion [40] Mike ...4: Mohammad Al-Amoudi, $7.6 billion [42] ...2,095; Richest: Jeff Bezos, $113 billionMay 27, 2022 · Abdul Samad Rabiu. Here’s another black billionaire of Nigerian descent with a net worth of $6.9 billion (4.9 in 2021).
Mar 4, 2022 · Forbes editors Rob LaFranco and Chase Peterson-Withorn reports “the planet’s billionaires are now worth $12.2 trillion, a drop of $500 billion from $12.7 trillion in March 2022. Nearly half the list is poorer than a year ago, including Elon Musk, who fell from No. 1 to No. 2 after his pricey acquisition of Twitter helped sink Tesla shares.”
- Kevin Benoit
- Aliko Dangote: $14.2 billion. Africa’s richest man, Aliko Dangote saw his fortune grow from around $11.5 billion on last year’s list. Dangote founded and owns nearly 88 percent of publicly-traded Dangote Cement.
- Mike Adenuga: $8.3 billion. Adenuga, Nigeria’s second-richest man, made his first million at 26 selling lace and distributing soft drinks, according to Forbes.
- Abdulsamad Rabiu: $6.9 billion. Rabiu is the founder of BUA Group, a Nigerian conglomerate with interests in sugar refining, cement production, real estate, steel, port concessions, manufacturing, oil, gas and shipping.
- Robert F. Smith: $8 billion. Smith made his fortune through the private equity firm, Vista Equity Partners, which he founded in 2000. A graduate of Cornell, he pledged $50 million (personally and through a foundation) to the university in 2016.
- Derek Major
- Aliko Dangote ($11.5 billion) Dangote is currently the richest Black man on Earth. Dangote, who was born in Kano, Nigeria, is worth more than $10 billion according to Forbes and is overseeing the construction of what will be one of the world’s largest oil refineries, which is expected to end the country’s dependence on foreign refined oil.
- Mike Adenuga ($6.1 billion)
- Robert Smith ($6 billion) Robert F. Smith became a billionaire through the private equity firm Vista Equity Partners, which he founded in 2000. Smith made headlines last year when he promised to pay off the student debt of the 2021 Morehouse College graduating class.
- Abdulsamad Rabiu ($4.9 billion)
Forbes has finally released the long awaited list of black billionaires in the world and its a joy to see many black people making it to the top ...more. Black billionaires are a proof that...
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Apr 5, 2022 · America still leads the world, with 735 billionaires worth a collective $4.7 trillion, including Elon Musk, who tops the World’s Billionaires list for the first time.