Black Billionaires

This is a global list of Black African ancestry billionaires in U.S. dollars. There are currently 15 known black billionaires (2021/08), representing 8 countries.

  1. 🇺🇲 USA (7)
  2. 🇳🇬 Nigeria (3)
  3. 🇿🇦 South Africa (1)
  4. 🇯🇲 🇨🇦 Jamaica/Canada (1)
  5. 🇧🇧 Barbados (1) 
  6. 🇿🇼 Zimbabwe (1)
  7. 🏴󠁧󠁢󠁥󠁮󠁧󠁿 United Kingdom (1)

The 15 current billionaires on our list has aggregate wealth of ~ $50 billion, and a median age of 59 years. Nigeria's Alhaji Aliko Dangote accounts for 27.8% of that aggregate wealth. Black billionaires aggregate wealth represent less than one percent of the aggregate wealth of all billionaires.

Nigerian business magnate Alhaji Aliko Dangote with a net worth of $12.5 billion (2021/08), is currently the world's richest Black person, according to Forbes magazine.

This year, 2021, marks 20 years since Robert L. Johnson and Michael Lee-Chin became the first Black people to be listed on Forbes magazines annual ranking of the World's Billionaires in 2001. Forbes mistakenly listed Mr. Johnson as the only Black billionaire not recognizing Mr. Lee-Chin as having Black ancestry.

Oprah Winfrey became the worlds first Black female billionaire in 2003 and remained the only female Black billionaire until 2013, when she was joined by Isabel dos Santos, Africa's first female billionaire and Folorunsho Alakija, Nigeria's first female billionaire.

In 2014, Michael Jordan became the first billionaire athlete. He was the forth-richest Black American, behind Robert F. SmithDavid L. Steward and Oprah Winfrey.

2014 is also the year our list of 10 Black billionaires had peak aggregate wealth of $60.9 billion.

In June 2019, Shawn "Jay-Z" Carter was named the first hip hop artist to become a billionaire by Forbes.com.

On August 4, 2021, Rihanna was listed by Forbes magazine as officially becoming a billionaire. Ms. Fenty is the first Black billionaire borned and raised in Barbados. She's also the youngest known Black billionaire to date.

Black billionaires make up less than 1% of all billionaires worldwide. Collectively their wealth represents only 26% of Amazon founder, Jeff Bezos net worth of $191 billion.

Updated 2021-08-23.

Compiled using data from Forbes.comBloomberg.com and CanadianBusiness.com.

One small step in overcoming 500 years of "The HUMILIATION of Black People." We must never forget!

Black Billionaires 2021

Name Age Net Worth Source Industry Country of Citizenship
Aliko Dangote 63 $12.5 The Dangote Group sugar, flour, cement Nigeria
Mike Adenuga 67 $6.1 Globacom telcom, banking, oil Nigeria
Robert Smith 58 $6.0 Vista Equity Partners Private equity United States
Abdulsamad Rabiu 60 $4.4 BUA Group Sugar, flour, cement Nigeria
David L. Steward 69 $3.7 World Wide Technology Information Technology United States
Patrice Motsepe 59 $3.0 African Rainbow Minerals (ARM) mining South Africa
Oprah Winfrey 67 $2.6 Harpo, Weight Watchers Television United States
Kanye West 43 $1.8 Yeezy Music, Footwear and Apparel United States
Robyn Rihanna Fenty 33 $1.7 Fenty Beauty, Savage x Fenty Fashion, Cosmetics, Music Barbados
Michael Jordan 58 $1.6 Charlotte Hornets, NIKE, endorsements Entertainment, Apparel United States
Michael Lee-Chin 70 $1.6 Investments, Mutual Funds Communications, Banking Canada
Strive Masiyiwa 60 $1.5 Econet Group, Liquid Telecom Communications Zimbabwe
Shawn Jay-Z Carter 51 $1.4 Roc-A-Fella Records, Rocawear, Armand de Brignac, D’Ussé, Tidal, Roc Nation Music, Investments United States
Mohammed Ibrahim 74 $1.1 Celtel International, MSI Cellular communications United Kingdom
Tyler Perry 51 $1.0 The Tyler Perry Company Inc. Film, Television United States

Chart: Number of Black Billionaires Over Time

Chart: Black Billionaires Aggregate Wealth Over Time

Current Black Billionaires

Born: c.1960, Kano, Nigeria; Position: Chairman, CEO; Company: BUA Group; Industry: Manufacturing, Real Estate Development, Oil & Gas and Shipping;…

Born: April 10, 1957, Kano, Kano State, Nigeria; Occupation: Businessperson; Position: Chairman, President; Company: The Dangote Group; …

Born: 1951, Chicago, Illinois, United States; Occupation: Businessperson; Position: Chairman & Founder; Company: World Wide Technology Holding…

Born: March 29, 1953, Ijebu Igbo, Ogun State.; Occupation: Businessperson; Position: Chairman, CEO; Company: Globacom Limited; Industry:…

Born: June 8, 1977, Atlanta, Georgia; Occupation: Rapper, Music Producer, Fashion Designer, Businessman; Position: Founder; Company: Yeezy; …

Born: February 17, 1963, Wilmington, North Carolina; Occupation: Businessman,Professional Basketball Player, Actor; Company: Charlotte Bobcats; …

Born: Port Antonio, Jamaica, 1951; Occupation: Businessperson; Company: Portland Holdings Inc.; Position: Founder, Executive Chairman; …

Born: c. 1946, Sudan; Position: Founder and Chairman; Company: Satya Capital Ltd.; Industry: Investment Funds; Residence: United Kingdom; …

Born: January 29, 1954, Kosciusko, Mississippi, U.S.; Occupation: TV Host, Actress, Film & TV Producer, Businesswoman, Philanthropist; Position:…

Born: January, 28, 1962, Johannesburg; Occupation: Businessperson; Position: Chairman; Company: African Rainbow Minerals Limited; Industry:…

Born: December 1, 1962; Occupation: Businessperson; Position: Founder, Chairman and CEO; Company: Vista Equity Partners; Industry: Private…

Born: February 20, 1988, Saint Michael, Barbados; Occupation: Businesswoman, singer, songwriter, actress; Position: Co-Founder; Organizations: …

Born: December 4, 1969, Brooklyn, NY; Company: Roc Nation; Position: Founder; Industry: Media, Entertainment, Publishing, Fashion; Residence:…

Born: January 29, 1961, Zimbabwe; Occupation: Businessperson; Position: Founder, Chairman; Company: Econet Group; Industry: Communications; …

Born: September 13, 1969, Harvey, Louisiana; Position: President; Company: The Tyler Perry Company Inc. (Tyler Perry Studios); Nationality:…

Former Black Billionaires

Born: 1967, Epe, Lagos State, Nigeria; Position: Chairman; Company: Forte Oil Plc.; Industry: Energy; Country: Nigeria

Born: 1951, Ikorodu, Lagos State, Nigeria; Occupation: Businessperson; Position: Executive Vice Chairman; Company: Famfa Oil Limited; Industry:…

Born: April 1, 1973 in Baku, Azerbaijan SSR, USSR; Occupation: Businesswoman; Position: Investor; Company: Unitel International Holdings BV,…

Born: 1946, Dessie, Ethiopia; Position: Chairman; Company: Corral Petroleum Holdings, MIDROC Ethiopia; Industry: Petroleum; Country: Saudi Arabia,…

Date of Birth: April 8, 1946, in Hickory, Mississippi; Education: University of Illinois, BA, 1968; Princeton University, MPA, 1972; Company: The…