Forbes has released its annual world’s richest list, and 13 of them out of the 2,153 people listed are blacks. This is an increase from 2018 that had 11 blacks on the list.
The list shows that the U.S. has the most black billionaires. Nigeria follows with four. Zimbabwe, Angola, South Africa, Canada and Britain have one representative each on the list.
Only three women were listed. They include America TV host and producer Oprah Winfrey (2.5 billion) Angola’s Isabel Dos Santos (USD2.3 billion) and Nigeria’s Folorunsho Alakija (USD1.1 billion).
See the list below:
1. Aliko Dangote, USD10.9 billion. Nigerian.
The world’s richest black person is Nigeria’s business magnate Aliko Dangote who’s worth USD10.9 billion. Dangote started trading in commodities like cement, flour and sugar three decades ago after he secured a loan from his uncle. Thereafter, he built the Dangote Group, the largest industrial group in West Africa.
2. Mike Adenuga, USD9.1 billion. Nigerian.
Nigerian-born Mike Adenuga is the second richest black person in the world. Adenuga made his wealth from oil & gas and mobile telecoms business. He is the founder of Globacom, a telecom company with more than 40 million subscribers in Nigeria and neighboring countries.
3. Robert Smith, USD5 billion. American.
Robert Smith from America is the founder of private equity firm Vista Equity Partners that invests in software companies. The firm has more than USD30 billion in assets.
4. David Steward, USD3 billion. American.
David L. Steward is Chairman and Founder of World Wide Technology, Inc., one of the largest African-American-owned businesses in America. In 1990, Steward founded World Wide Technology, a systems integrator. World Wide Technology’s 2018 revenue is estimated to be greater than $11 billion.
5. Oprah Winfrey, USD 2.5 billion. American.
Oprah Winfrey makes most of her money from the media industry where she has been actively involved in the last 25 years. She is a media executive, TV host and the founder of Harpo production company and a cable channel OWN (Oprah Winfrey Network).
6. Strive Masiyiwa, USD2.4 billion. Zimbabwean.
Strive Masiyiwa is the founder of one of the leading mobile telecoms companies in Africa Econet which has more than 10 million subscribers across Zimbabwe, Botswana, Burundi and Lesotho.
7. Patrice Motsepe, USD2.3 million. South African
Motsepe is the only black South African mining businessman. His company Rainbow Minerals (ARM) has interests in gold, platinum, ferrous metals and coal.
8. Isabel Dos Santos, USD 2.3 billion. Angolan
Isabel is a Russian-Angolan businesswoman, Africa’s richest woman and the eldest child of Angola’s former President José Eduardo dos Santos, who ruled the country from 1979 to 2017. She has interests in telecommunications, media, retail, finance and the energy industry, both in Angola and in Portugal.
9. Michael Jordan, USD1.9 billion. American.
Michael Jordan’s biggest source of income come from Brand Jordan, a sportswear partnership with Nike worth USD1 billion.
10. Michael Lee-Chin, USD1.9 billion. Canadian.
Michael Lee-Chin makes most of money from a 65 per cent in National Commercial Bank Jamaica.
11. Abdulsamad Rabiu, USD1.6 billion. Nigerian
Abdulsamad Rabiu is the founder of a Nigerian Group BUA Group which has interests in sugar, cement, manufacturing, oil gas and shipping.
12. Folorunsho Alakija, USD1.1 billion. Nigerian.
Folorunsho Alakija is involved in the fashion, oil and printing business. She is the founder of Famfa Oil Limited.
13. Mohammed Ibrahim USD1.1 billion. British.
Mohammed Ibrahim founded Celtel in 1998 and later sold it to Kuwait’s Mobile Telecommunications Company for USD3.4 billion in 2005.