Meet the only black billionaires in the world

Meet the only black billionaires in the world

There are 2043 billionaires in the world whose combined wealth is estimated at a mind-numbing $7.7 trillion.

Shockingly, Forbes reports that of the 2043 billionaires only 10 are black and only three are female. The good news? All but one black billionaire is self-made.

READ ALSO: World’s most pampered teen spends R585 000 on designer clothing for her man in less than an hour presents the world’s black billionaires.

Mohammed Ibrahim: $1,14 billion

Ibrahim was born in Sudan and built his fortune through telecommunications. He officially entered the list when sold Celtel International in 2005. Since the sale, he has devoted his life to improving the lives of Africans.

Michael Jordan: $1,31 billion

Jordan is a legend of basketball and is one of the most recognisable faces on the planet. He made most of his fortune through endorsement deals and has since his retirement bought a stake in the Charlotte Hornets, a basketball team.

Folorunsho Alakija: $1,161 billion

Alakija is the vice chairperson of Nigerian oil giant Famfa Oil. She made her initial fortune as the founder of an elite fashion brand in Nigeria before diversifying her interests into the lucrative Nigerian oil market.

Patrice Motsepe: $1,81 billion

Our very own billionaire was also the first African billionaire. Motsepe is President Cyril Ramaphosa’s brother-in-law. Motsepe is a founding member of mining company African Rainbow Minerals. In recent years Motsepe has pledged to give away half his fortune by signing the Giving Pledge by Bill Gates.

Robert Smith: $2.5 billion

Smith worked at Goldman Sachs for many years, he left to start his own company in 2000. Since then Vista Equity Partners the private equity firm he founded has done well-enough to propel him into the billionaire’s list. Smith has also signed the Giving Pledge

Oprah Winfrey: $3 billion

Oprah is the only black American woman on the list. She overcame a tough childhood (often living without electricity or running water) to become a media mogul. Oprah has never been shy when it comes to helping the less fortunate and founded the Oprah Winfrey Leadership Academy in South Africa.

Isabel Dos Santos: $3,1 billion

Dos Santos is the richest black woman on the planet and at 44 the youngest person on the list. She is the daughter of Angolan president Juan Eduardo Dos Santos. She made her fortune through investments, some of which have been linked to her father.

Mike Adenuga: $6,1 billion

Adenuga made his fortune in telecoms and oil. He currently serves as the chairman of Globacom which has 36 million clients. Adenuga owns a majority stake in Nigerian oil company Conoil. He drove a taxi while he studied towards his MBA.

Mohammed Al Amoudi: $8,4 million

Al Amoudi moved from Ethiopia to Saudi Arabia when he was 19. He made his fortune through government contracts and real estate development. He has since diversified into oil, agriculture and mining with interests across the globe.

Aliko Dangote: $12,2 billion.

Dangote is the undisputed richest person in Africa, he also happens to be the richest black person in the world. He founded the Dangote Group 35 years ago and still serves as its CEO and president. The vast majority of his wealth is derived from Dangote Cement. Dangote is an active philanthropist and focuses his charity work on education, agriculture and health.

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