Black Billionaires

This is a global list of Black African ancestry billionaires in U.S. dollars, compiled using data from Forbes.comBloomberg.com and CanadianBusiness.com. There are currently 16 known black billionaires (2020/09).

Nigerian business magnate Alhaji Aliko Dangote with a net worth of $13.4 billion is the world's richest black person, according to Forbes magazine..

The 16 billionaires on our list has aggregate wealth of $48.2 billion, and a median age of 60 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.

Robert L. Johnson and Michael Lee-Chin were the first black people to be listed on Forbes magazines annual ranking of the World's Billionaires in 2001. Forbesmistakenly listed Mr. Johnson as the only black billionaire not recognizing Mr. Lee-Chin as being black.

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 is the forth-richest Black American, behind Robert F. SmithDavid L. Steward and Oprah Winfrey.

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

Updated 2020-09-03.

Black Billionaires 2020

Name Age Net Worth Source Industry Country of Citizenship
Aliko Dangote 63 $13.4 The Dangote Group sugar, flour, cement Nigeria
Robert Smith 57 $6.0 Vista Equity Partners Private equity United States
Mike Adenuga 67 $5.8 Globacom telcom, banking, oil Nigeria
David L. Steward 69 $3.5 World Wide Technology Information Technology United States
Abdulsamad Rabiu 60 $3.0 BUA Group Sugar, flour, cement Nigeria
Oprah Winfrey 66 $2.6 Harpo, Weight Watchers Television United States
Michael Jordan 57 $2.1 Charlotte Hornets, NIKE, endorsements Entertainment, Apparel United States
Patrice Motsepe 58 $1.7 African Rainbow Minerals (ARM) mining South Africa
Isabel dos Santos 47 $1.6 Investments Banking Angola
Michael Lee-Chin 69 $1.6 Investments, Mutual Funds Communications, Banking Canada
Strive Masiyiwa 59 $1.5 Econet Group, Liquid Telecom Communications Zimbabwe
Kanye West 43 $1.3 Yeezy Music, Footwear and Apparel United States
Mohammed Ibrahim 74 $1.1 Celtel International, MSI Cellular communications United Kingdom
Folorunsho Alakija 69 $1.0 Famfa Oil Oil Nigeria
Shawn Jay-Z Carter 50 $1.0 Roc-A-Fella Records, Rocawear, Armand de Brignac, D’Ussé, Tidal, Roc Nation Music, Investments United States
Tyler Perry 50 $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: 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: June 8, 1977, Atlanta, Georgia; Occupation: Rapper, Music Producer, Fashion Designer, Businessman; Position: Founder; Company: Yeezy; …

Born: February 17, 1963, Wilmington, North Carolina; Occupation: Businessperson; Company: Charlotte Bobcats; Position: Chairman; Industry: Sports…

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; Occupation: Businessperson; Position: Chairman, CEO; Company: Harpo Inc., Harpo Productions, Inc., Harpo Studios, Inc.; …

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

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: 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…