Black Billionaires

This is a global list of Black African ancestry billionaires in U.S. dollars. There are currently 19 known black billionaires (2022/07), representing 8 countries.

  1. 🇺🇲 USA (11)
  2. 🇳🇬 Nigeria (3)
  3. 🇿🇦 South Africa (1)
  4. 🇯🇲 🇨🇦 Jamaica/Canada (1)
  5. 🇧🇧 Barbados (1) 
  6. 🇿🇼 Zimbabwe (1)
  7. 🏴󠁧󠁢󠁥󠁮󠁧󠁿 United Kingdom (1)

The 19 current billionaires on our list had aggregate wealth of ~ $57.8 billion, and a median age of 57 years on 2022/07/06. Nigeria's Alhaji Aliko Dangote accounts for ~ 24% 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 $14.0 billion (2022/07/06), is currently the world's richest Black person, according to Forbes magazine.

2021, marked 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 ~25.6% of Spacex founder, Elon Musk net worth of $225.5 billion.

Updated 2022/07/06.

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

Please Support Our Sponsors
Become a sponsor.

Black Billionaires 2022

NameAgeNet WorthSourceIndustryCountry of Citizenship
Aliko Dangote64$14.00The Dangote Groupsugar, flour, cementNigeria
Mike Adenuga68$6.90Globacomtelcom, banking, oilNigeria
Robert Smith59$6.00Vista Equity PartnersPrivate equityUnited States
Abdulsamad Rabiu61$4.40BUA GroupSugar, flour, cementNigeria
David L. Steward70$3.70World Wide TechnologyInformation TechnologyUnited States
Patrice Motsepe60$3.00African Rainbow Minerals (ARM)miningSouth Africa
Oprah Winfrey68$2.60Harpo, Weight WatchersTelevisionUnited States
Strive Masiyiwa61$2.10Econet Group, Liquid TelecomCommunicationsZimbabwe
Michael Lee-Chin71$2.00Investments, Mutual FundsCommunications, BankingJamaica, Canada
Kanye West44$1.80YeezyMusic, Footwear and ApparelUnited States
Robyn Rihanna Fenty34$1.70Fenty Beauty, Savage x FentyFashion, Cosmetics, MusicBarbados, USA
Michael Jordan59$1.60Charlotte Hornets, NIKE, endorsementsEntertainment, ApparelUnited States
Tope Awotona40$1.40CalendlySoftwareUnited States
Shawn Jay-Z Carter52$1.30Roc-A-Fella Records, Rocawear, Armand de Brignac, D’Ussé, Tidal, Roc NationMusic, InvestmentsUnited States
Mohammed Ibrahim75$1.20Celtel International, MSI CellularcommunicationsUnited Kingdom
Alexander Karp54$1.10Palantir TechnologiesSoftware, InvestmentsUnited States
Tyler Perry52$1.00The Tyler Perry Company Inc.Film, TelevisionUnited States
LeBron James37$1.0Basketball, investmentsSports, mediaUnited States
Tiger Woods46$1.0Golf, investmentsSports, mediaUnited States

As of 2022/07/06

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; …

Mike Adenuga

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

Robert F. Smith

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

Abdulsamad Rabiu

Born: August 4, 1960, Kano, Nigeria; Occupation: Businessman; Position: Chairman, CEO; Company: BUA Group; Industry: Manufacturing, Real Estate…

David Steward

Born: July 2, 1951, Chicago, Illinois, United States; Occupation: Businessperson; Position: Chairman & Founder; Company: World Wide Technology…

Patrice Motsepe

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

Oprah Winfrey

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

Strive Masiyiwa

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

Michael Lee-Chin

Born: January 3, 1951, Port Antonio, Jamaica; Occupation: Businessperson; Company: Portland Holdings Inc.; Position: Founder, Executive…

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

Robin Rihanna Fenty

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

Michael Jordan

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

Tope Awotona

Born: c. 1981, Lagos, Nigeria; Occupation: Businessman; Position: Founder & CEO; Company: Calendly LLC; Industry: Computer Software; …

Shawn "Jay Z" Carter

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

Mohammed Ibrahim

Born: May 3, 1946, Sudan; Position: Founder and Chairman; Company: Satya Capital Ltd.; Industry: Investment Funds; Residence: United Kingdom; …

Alexander Karp

Born: October 2, 1967, Philadelphia, Pennsylvania; Occupation: Businessman; Position: Co-Founder, CEO and Director; Company: Palantir…

Tyler Perry

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

Tiger Woods

Born: December 30, 1975, Cypress, California; Occupation: Businessman, Professional Athlete; Position: Founder, CEO; Company: TGR Ventures; …

LeBron James

Born: December 30, 1984, Akron, Ohio; Occupation: Businessman, Professional Athlete; Position: Co-Founder; Company: SpringHill Company; …

Former Black Billionaires

Femi Otedola

Born: November 4, 1962, Epe, Lagos State, Nigeria; Position: Chairman; Company: Forte Oil Plc.; Industry: Energy; Residence: Nigeria; …

Folorunsho Alakija

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

Isabel dos Santos

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

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; Occupation: Businessman; Education: University of Illinois, BA, 1968; Princeton University,…