25 Richest Black People in the World

Posted by , Updated on March 23, 2024

From the wealthiest black historical figure to the most affluent black woman in the U.S, history records some incredibly wealthy black individuals. These range from Hollywood celebrities, politicians based in Nigeria, African Americans, British Africans, Jamaican Canadians and many others facing remarkable opposition, yet, they triumphed and amassed their wealth. Here are the top 25 wealthiest black individuals globally!

25

Magic Johnson

Magic JohnsonSource: businessinsider.com

A former NBA player, Magic’s net worth is an estimated $500 million.

24

Jay-Z

Jay-ZSource: businessinsider.com

A record producer, singer, rapper, and entrepreneur, Jay-Z’s net worth comes in at $475 million.

23

Mariah Carey

Mariah CareySource: forbes.com

The popular musician and businesswoman has an estimated net worth of $510 million.

22

Michael Jordan

Michael JordanSource: forbes.com

At just over $1 billion, the former NBA player has recently joined the billionaires club.

21

Oprah Winfrey

Oprah WinfreySource: forbes.com

The well known American media mogul commands a fortune of roughly $4 billion.

20

Tiger Woods

Tiger WoodsSource: forbes.com

As one of the most famous golfers in the world, Tiger’s worth is estimated around $590 million.

19

Folorunso Alakija

Folorunso AlakijaSource: forbes.com

A Nigerian businesswoman, in 2014 Folorunso briefly unseated Oprah as the richest black woman in the world. Her net worth is currently estimated to be around $2.5 billion.

18

Mike Adenuga

Mike AdenugaSource: forbes.com

Often considered the second richest person in Nigeria, Mike Adenuga owns Globacom, Nigeria’s second largest telecom operator. His worth is estimated around $4.6 billion.

17

Robert F. Smith

Robert FSource: forbes.com

A former chemical engineer and investor, Robert is now a businessman and philanthropist. With $3 billion, he is one of the richest black men in the United States.

16

Sheila Johnson

Sheila JohnsonSource: businessinsider.com

A well known American businesswoman and TV producer, Sheila’s net worth comes in at around $400 million.

15

Abdulsamad Rabiu

Abdulsmad RabiuSource: forbes.com

The chairman of Nigeria’s Bank of Industry, Abdulsamad is worth about $1.2 billion.

14

Patrice Motsepe

Patrice MotsepeSource: forbes.com

Considered the richest man in South Africa, Patrice is a mining magnate and founder of African Rainbow Minerals. His net worth is around $2.4 billion.

13

Sean Combs

Sean CombsSource: forbes.com

Puff Daddy’s net worth is estimated around $620 million.

12

Robert L. Johnson

Robert L. JohnsonSource: forbes.com

An African American media magnate, Robert is the founder of BET. His fortune is estimated around $1 billion.

11

Tyler Perry

Tyler PerrySource: businessinsider.com

An accomplished director, Tyler Perry’s net worth is about $400 million.

10

Mohammed Ibrahim

Mohammed IbrahimSource: forbes.com

A British billionaire of Sudanese-Nubian ancestry, “Mo” has an estimated net worth of just over $1 billion.

9

Byaruhanga Kimberly Junior

byaruhanga-kimberly jrSource: forbes.com

At $2 billion, Byaruhanga is one of South Africa’s richest businesspeople.

8

Femi Otedola

otedolaSource: forbes.com

A Nigerian petroleum executive, Femi is one of the richest men in Africa with a wealth of just over $1 billion.

7

Isabel dos Santos

Isabel dos SantosSource: forbes.com

An Angolan businesswoman, at $2 billion Isabel has been considered to be the richest woman in Africa.

6

Shaquille O'Neal

Shaquille O'NealSource: businessinsider.com

An NBA player, entrepreneur, and producer, Shaq’s net worth weighs in at about $350 million.

5

Mohammed Hussein Al Amoudi

Mohammed Hussein Al AmoudiSource: forbes.com

The Saudi-Ethiopian businessman has a net worth of around $10 billion.

4

Dr. Dre

Dr. DreSource: businessinsider.com

As a record producer and entrepreneur, Dr. Dre has amassed a $350 million fortune.

3

Michael Lee-Chin

Michael Lee-ChinSource: forbes.com

One of the richest people in Canada, Michael is of Jamaican and Chinese heritage. His net worth is just over $1 billion.

2

Master P

Master PSource: businessinsider.com

Another former basketball player, Master P made his fortune in business and investing. His net worth is about $350 million.

1

Aliko Dangote

Aliko DangoteSource: forbes.com

The Nigerian business tycoon is often considered one of the wealthiest people in Africa. His net worth is currently estimated around $15 billion.



Photos: Feature Image: Keith Allison, Tiger Woods drives by Allison, CC BY-SA 2.0, 25. wikimedia commons (public domain), 24. Mikamote, Jay-Z-02-mika, CC BY-SA 3.0, 23. pixabay (public domain), 22. wikimedia commons (public domain), 21. Bill Ebbesen, Oprah Winfrey in Strøget, Denmark on 30 September 2009, CC BY 3.0, 20. Keith Allison, Tiger Woods drives by Allison, CC BY-SA 2.0, 19. youthvilliagenigeria (fair use; no free images available;illustrative purposes only), 18. newsofthepeople-ng.com, (fair use; no free images available;illustrative purposes only), 17. dealbook.nytimes.com (fair use; no free images available;illustrative purposes only), 16. David Shankbone, Sheila Johnson at the 2008 Tribeca Film Festival, CC BY 3.0, 15. Abdulsamad Rabiu via twitter, 14. GovernmentZA via flickr, CC BY-ND 2.0, 13. Freelance photographer Richard Burdett (Website), ETalk2008-Diddy1, CC BY 3.0, 12-11. wikimedia commons (public domain), 10. InYaRowanda.com, (fair use; no free images available;illustrative purposes only),  9. linkedin, (fair use; no free images available;illustrative purposes only), 8. venturesafrica.com, (fair use; no free images available;illustrative purposes only), 7. answersafrica.com, (fair use; no free images available;illustrative purposes only), 6. Keith Allison, Shaquille O’Neal1, CC BY-SA 2.0, 5. alchetron.com, (fair use; no free images available;illustrative purposes only), 4. Jason Persse via flickr, CC BY-SA 2.0, 3. Caribbeancommunitylive.com, (fair use; no free images available;illustrative purposes only), 2. Mikamote, Master p-02, CC BY-SA 3.0, 1. Saba Dubai, Al Shabani at the acquisition of Dangote Cement by ICD in 2014, CC BY 3.0