Black billionaires

Male, Person

54

Who is Black billionaires?

According to Forbes 2013 ranking of the world's billionaires, Nigerian business magnate Aliko Dangote with a net worth of $16.1 billion is the world's richest black person. The other Blacks on the list are Nigeria's Mike Adenuga with $4.7 billion, South African gold magnate Patrice Motsepe with $2.9 billion, and American Oprah Winfrey at $2.8 billion.

From 2001 to 2003, Forbes listed American television network executive Bob Johnson as a billionaire, but dropped him after his fortune was split in his divorce. He returned to Forbes Billionaire list in 2007 with a net worth of $1.1 billion. In 2008 Johnson's wealth dropped again, this time to approximately $1.0 billion and by 2009 he fell off the list again.

Nigerian petroleum executive Femi Otedola briefly emerged as a billionaire in 2009, but has not been listed in the following years.

Multiracial billionaires with partial Black ancestry have also been identified over the years. Saudi Arabian billionaire Mohammed Al Amoudi, of Hadhrami Yemeni and Ethiopian descent, has been on the Forbes billionaire list since 2002 and in 2012 had a net worth of $12.5 billion. Also included is Mo Ibrahim, a British billionaire of Sudanese Arab and Nubian ancestry, who has been on the Forbes Billionaire list since 2008 and in 2012 had a net worth of $1.1 billion.Michael Lee-Chin of Canada, who is Jamaican of Chinese and Black ancestry was on the list from 2001 to 2010, but dropped off in 2011. In 2013 Isabel Dos Santos who is of both Black and Middle Eastern ancestry made the list with a $2 billion net worth. However as there are competing claims as to what degree multiracial individuals should be considered Black, these individuals have not been universally regarded as being Black billionaires.

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Submitted
on July 23, 2013

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