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 14 known black billionaires (2019/6).

Nigerian business magnate Alhaji Aliko Dangote with a net worth of $14.1 billion is the world's richest black person, according to Forbes magazine's 2019 ranking of the worlds richest people.

The 14 billionaires on our list has aggregate wealth of $46.2 billion, and a median age of 60 years. Nigeria's Alhaji Aliko Dangote accounts for 25% 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 June 2019, Shawn "Jay-Z" Carter was named the first hip hop artist to become a billionaire by Forbes.com.

Updated 2019-06-05.

Black Billionaires 2019

Name AgeForbesBloombergSourceIndustryCountry of Citizenship
Isabel dos Santos 45 $2.3   Investments Banking Angola
Michael Lee-Chin 67 $1.8   Investments, Mutual Funds Communications, Banking Canada
Aliko Dangote 61 $10.9 $16.7 The Dangote Group sugar, flour, cement Nigeria
Mike Adenuga 65 $9.2   Globacom telcom, banking, oil Nigeria
Folorunsho Alakija 67 $1.1   Famfa Oil Oil Nigeria
Abdulsamad Rabiu 58 $1.6   BUA Group Sugar, flour, cement Nigeria
Patrice Motsepe 57 $2.4   African Rainbow Minerals (ARM) mining South Africa
Mohammed Ibrahim 72 $1.1   Celtel International, MSI Cellular communications United Kingdom
Robert Smith 56 $5.0 $4.2 Vista Equity Partners Private equity United States
David L. Steward 68 $3.0   World Wide Technology Information Technology United States
Oprah Winfrey 65 $2.5   Harpo, Weight Watchers Television United States
Michael Jordan 56 $1.8   Charlotte Hornets, NIKE, endorsements Entertainment, Apparel United States
Strive Masiyiwa 58 $2.5   Econet Group, Liquid Telecom Communications Zimbabwe
Shawn Jay-Z Carter 49 $1.0   Roc-A-Fella Records, Rocawear, Armand de Brignac, D’Ussé, Tidal, Roc Nation Music, Investments U.S.A

Chart: Number of Black Billionaires Over Time

Chart: Black Billionaires Aggregate Wealth Over Time

Current Black Billionaires

Aliko Dangote

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

David Steward

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

Mike Adenuga

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

Folorunsho Alakija

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

Isabel dos Santos

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

Michael Jordan

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

Michael Lee-Chin

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

Mohammed Ibrahim

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

Oprah Winfrey

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; …

Former Black Billionaires

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

Femi Otedola

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

Mohammed Al Amoudi

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

Robert L. Johnson

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