Former Black Billionaires
These are the former Black billionaires who were once on our billionaires list but because of market, political or family reasons their holdings lost value. Some will return to billionaire status and some may not.
- Robert Johnson, the first Black American billionaire, lost half his fortune to his ex-wife and business partner, Sheila Johnson, after their divorce.
- Femi Otedola, we believe will definitely return to the list as market conditions turn in his favour.
- Isabel dos Santos, lost her fortune in a political shake up in her home country. There are questions about how Ms. Santos accumulated her wealth during her fathers reign over Angola from 1979 to 2017. The Angolan court froze the personal bank accounts of Ms. dos Santos in December 2019.
- Ms. Folorunsho Alakija, wealth is tied to oil and will rise and fall with the oil market.
Femi Otedola
Created by BlackEntrepreneurProfile.comBorn: November 4, 1962, Epe, Lagos State, Nigeria;
Position: Chairman;
Company: Forte Oil Plc.;
Industry: Energy;
Residence: Nigeria; …
Folorunsho Alakija
Created by BlackEntrepreneurProfile.comBorn: 1951, Ikorodu, Lagos State, Nigeria;
Occupation: Businesswoman;
Position: Executive Vice Chairman;
Company: Famfa Oil Limited;
Industry: Oil…
Isabel dos Santos
Created by BlackEntrepreneurProfile.comBorn: April 1, 1973 in Baku, Azerbaijan SSR, USSR;
Occupation: Businesswoman;
Position: Investor;
Company: Unitel International Holdings BV,…
Kanye West
Created by BlackEntrepreneurProfile.comBorn: June 8, 1977, Atlanta, Georgia;
Occupation: Rapper, Music Producer, Fashion Designer, Businessman;
Position: Founder;
Company: Yeezy; …
Robert L. Johnson
Created by BlackEntrepreneurProfile.comDate of Birth: April 8, 1946, in Hickory, Mississippi;
Occupation: Businessman;
Education: University of Illinois, BA, 1968; Princeton University,…