The Richest Black People on the planet, Ranked
Posted by Thomas Shaw on May 10th, 2019
Every year Forbes releases its annual ranking on the world’s billionaires, and this year, like each year, I woke up, checked the list in the richest people in the world and decided I’d far better go to function. Get additional details about Richest Black People
Amazon.com’s Jeff Bezos sits atop the list, passing Bill Gates, which makes sense due to the fact if you are reading this on Internet Explorer or maybe a Windows phone, you will need to get your life collectively. Amazon, on the other hand, will quickly make it unnecessary for me to leave the house. As soon as I can buy lemon-pepper wings and liquor on Amazon Prime, it’s a wrap.
But in place of focusing on the three-comma colonizers on the list, we decided to look at the members in the Billionaire Blacks Club from about the Diaspora. We noticed some items regarding the black billionaires:
Only three have been from America, while the rest produced their money within the continent of Africa.
There were as many Nigerians around the list (from a nation where Donald Trump believes people live in huts) as there had been African Americans.
No one from Wakanda made the list.
11. Mohammed Ibrahim: .18 Billion
Ranking 1,999th around the Forbes list, Mohammed “Mo” Ibrahim founded Celtel, one in the initial cellphone companies in Africa and the Middle East. He sold his company in 2005 and walked away with .4 billion and now spends his time fighting corrupt African leadership.
I wonder if he’d come over right here and support us oust Trump?
10. Strive Masiyiwa: .39 Billion
Strive Masiyiwa launched his Zimbabwean cellphone company in 1998 and owns a majority share in his company too because the corporation that provides fiber-optic networks and satellite services to telecom companies across Africa.
9. Mohammed Dewji: .54 Billion
Mohammed Dewji, Tanzania’s only billionaire, is one on the few people on the list to inherit his wealth. Dewji’s father founded METL-a conglomerate that trades in textiles, flour, beverages and edible oils-in the 1970s.
Dewji has signed the “giving pledge,” promising to provide no less than half of his fortune to charity.
8. Michael Jordan: .65 billion
Michael Jordan’s wealth comes from endorsements, his shoe empire and his ownership stake in the Charlotte Hornets. Jordan purchased a majority share of your NBA franchise in 2010 for 5 million. He now owns 90 percent in the team, whose value is estimated at .05 billion.
Apropos of His Airness’ financial accomplishment, most barbershop analysis shows that black people could afford gold-plated Cadillacs and blacks-only schools, put Walmart out of business, and resurrect the corpses of Jesus and Martin Luther King Jr. if we just stopped obtaining Jordans.
7. Folorunsho Alakija: .7 Billion
Beginning her business profession using a fashion label, Folorunsho Alakija managed to safe an oil license in Nigeria in 1993. Now her oil-mining operation has partnered with Chevron and will most likely preserve pulling crude in the ground till 2024.
6. Patrice Motsepe: .5 Billion
In 1994, South Africa’s Patrice Motsepe bought a low-producing gold mine and made it lucrative. By 2008 he had develop into the very first black African billionaire, and he at present runs a private-equity firm and owns a soccer club.
He calls it football.
5. Isabel dos Santos: .6 Billion
Isabel dos Santos is listed as an independent businesswoman who represents her own interests, but she acquired her massive wealth when her father, José Eduardo dos Santos, transferred stakes in several Angolan companies to Isabel ahead of stepping down in 2017... as president of Angola.
4. Oprah Winfrey: .7 Billion
In spite of her Own network, Harpo Productions, her return to Television as a 60 Minutes correspondent and her stake in Weight Watchers, the majority of Oprah’s fortune comes from her years as a Television host. She also owns O the Oprah Magazine, which recently announced that its groundbreaking March cover will feature ... hold on, let me check prior to I provide you with any erroneous info.
Yes, this month’s cover will feature Oprah Winfrey.
Once again.
3. Robert Smith: .4 Billion
Apparently there’s a black guy in America who’s not a rapper or entertainer who’s worth more than 3 Jay-Zs, two Diddys plus a Beyoncé. Robert Smith made his money in venture capital soon after leaving Goldman Sachs and Kraft Foods.
I’m positive this story is made up, because no one ever talks about this guy. Or maybe he includes a secret vibranium mine. Now that I assume about it, “Robert Smith” sounds like a name somebody would make up if his name have been seriously T’Challa.
Positive, “Bob.” I’ll see you in Wakanda.
2. Mike Adenuga: .4 Billion
You know that old joke about how every cabdriver in New York City is either wealthy or a surgeon back in his African homeland? Well, Mike Adenuga created that come true for himself. Adenuga, a native of Nigeria, supported himself by working as a taxicab driver in New York while attending Pace University for his MBA.
By the age of 26, he had created his first million promoting lace and distributing soft drinks. Now he owns the second-largest cellphone provider in Nigeria and one on the country’s most lucrative oil firms.
He uses Uber now.
1. Aliko Dangote: .1 Billion
Africa’s richest man didn’t make it by selling oil, shoes, television shows or stock. Dangote amassed his wealth by promoting cement. His company produces 44 million metric tons annually and plans to raise production by 33 percent over the subsequent two years. He also dominates the sugar industry in his nation.
Dangote’s great-grandfather Alhassan Dantata was also the richest man in Africa at the time of his death.
