Historic Milestone: 20 Black Billionaires Amass Record $66.4 Billion in Combined Wealth
Currently, there are 20 recognized Black billionaires, collectively amassing a remarkable net worth of $66.4 billion, and their median age stands at 60 years. This marks an unprecedented milestone, boasting the largest number of Black billionaires at any given time and the highest combined net worth to date. Notably, Magic Johnson has recently joined this esteemed club, boasting a net worth of $1.2 billion. This achievement places him as the 23rd Black individual to attain billionaire status and the 4th athlete to achieve this distinction, following in the footsteps of Tiger Woods, Michael Jordan, and LeBron James.
Nigerian Alhaji Aliko Dangote maintains his position as the world's wealthiest Black individual, with a substantial net worth of $10.7 billion, but American Robert Smith is steadily closing the gap with a net worth of $9.2 billion.
Let's Inspire Success, Ownership, and Financial Independence!
As the world faces unprecedented challenges, one thing remains clear: the power to shape our own destiny lies within our hands. At BlackEntrepreneurProfile.com, we are committed to fostering a brighter future for individuals of African descent worldwide through entrepreneurship and financial empowerment.
Together, let's pave the path to success! Your contribution matters. Donate today and be a catalyst for change.
Latest News & Articles
Black Entrepreneurs Must Understand Insurance
Created by BlackEntrepreneurProfile.comInsurance plays a vital role in the financial well-being and security of individuals and families, offering protection against unforeseen financial…
Tyler Perry: Building an Entertainment Empire and the Impact of AI on Filmmaking
Created by BlackEntrepreneurProfile.comTyler Perry is a name that has become synonymous with success in the world of entertainment. He's a multi-talented artist, known for his roles as a…
Generative AI Drives Google's New Assistant with Bard Integration
Created by BlackEntrepreneurProfile.comGoogle has announced its plans to introduce a new version of its virtual assistant, which will leverage the Bard artificial intelligence technology to…
Protect You & Your Family's Identities From Theft & Fraud
Protect your family members finances and personal information with one simple identity theft protection solution. Fraud Monitoring & Alerts, Credit Monitoring & Bank Account Protection, Identity Theft Insurance.
Get Protection NowRecently Added Black Entrepreneurs & Executives
Lenny Kravitz
Created by BlackEntrepreneurProfile.comIn 2003, Lenny Kravitz established Kravitz Design, a specialized firm dedicated to interior and furniture design. Over the years, Kravitz Design has…
Sarah Bond
Created by BlackEntrepreneurProfile.comSarah Bond currently serves as the President of the Xbox division at Microsoft responsible for the hardware and software platforms. As head of the…
Ismail Ahmed
Created by BlackEntrepreneurProfile.comIsmail Ibrahim Ahmed is the Co-Founder and Non-Executive Chairman of WorldRemit, a global online money transfer service. As one of the key figures in…
FTC: Black Entrepreneur & Executive Profiles is reader supported, we may earn income on affiliate links. You support us by using our links to buy products, it will cost you nothing extra.
We also a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.