Top 10 Black billionaires globally:

1. Aliko Dangote

Net worth: $23.9 billion

The Nigerian business magnate is the richest Black person in the world. His fortune, built with the Dangote Group, which has holdings in cement and sugar, received a significant boost in 2024 from the opening of his massive oil refinery in Nigeria.

2. Alexander Karp

Net worth: $14.3 billion

The American co-founder and CEO of software firm Palantir Technologies saw his net worth increase significantly after the company’s direct public offering in 2020. His mother is African-American.

3. David Steward

Net worth: $12.4 billion

The American co-founder and chairman of IT provider World Wide Technology is the richest Black American. His company generates around $20 billion in annual revenue.

4. Robert F. Smith

Net worth: $10 billion

An American private equity investor, Smith founded Vista Equity Partners, which focuses on software companies and manages over $100 billion in assets.

5. Mike Adenuga

Net worth: $6.8 billion

This Nigerian telecom and oil tycoon is the founder of Globacom, Nigeria’s second-largest mobile phone network, and the oil exploration firm Conoil.

6. Abdulsamad Rabiu

Net worth: $5.1 billion

Another Nigerian industrialist, Rabiu is the founder of the BUA Group, which has holdings in cement production, sugar refining, and real estate.

7. Michael Jordan

Net worth: $3.8 billion

The basketball legend’s business ventures, most notably his Jordan Brand with Nike and his recent sale of the Charlotte Hornets, solidified his status as a billionaire.

8. Oprah Winfrey

Net worth: $3 billion

The media mogul has built a vast empire through her talk show, production company, and OWN television network.

9. Patrice Motsepe

Net worth: $3 billion

A South African mining magnate and founder of African Rainbow Minerals, Motsepe was the first Black African to make the Forbes billionaire list in 2008.

10. Jay-Z

Net worth: $2.5 billion

The rapper and entrepreneur has diversified his wealth through a range of successful ventures, including Roc Nation, Tidal, and stakes in alcohol brands and Uber.