The Richest Black People on the planet, Ranked

May 9th 2019 at 8:40 PM





Each year Forbes releases its annual ranking with the world’s billionaires, and this year, like each year, I woke up, checked the list in the richest people on the planet and decided I’d greater go to operate. Get a lot more information about Richest Black People’s Jeff Bezos sits atop the list, passing Bill Gates, which makes sense for the reason that if you are reading this on Internet Explorer or perhaps a Windows phone, you will need to acquire your life collectively. Amazon, alternatively, will soon make it unnecessary for me to leave the house. As quickly as I can purchase lemon-pepper wings and liquor on Amazon Prime, it is a wrap.


But as an alternative to focusing on the three-comma colonizers on the list, we decided to look at the members of the Billionaire Blacks Club from around the Diaspora. We noticed a number of factors concerning the black billionaires:


Only three have been from America, when the rest produced their money inside the continent of Africa.

There have been as a lot of Nigerians on the list (from a nation where Donald Trump believes people live in huts) as there have been African Americans.

No one from Wakanda produced the list.

11. Mohammed Ibrahim: $1.18 Billion

Ranking 1,999th around the Forbes list, Mohammed “Mo” Ibrahim founded Celtel, one of your initially cellphone companies in Africa as well as the Middle East. He sold his company in 2005 and walked away with $1.4 billion and now spends his time fighting corrupt African leadership.


I wonder if he’d come more than right here and enable us oust Trump?


10. Strive Masiyiwa: $1.39 Billion

Strive Masiyiwa launched his Zimbabwean cellphone company in 1998 and owns a majority share in his company at the same time as the corporation that offers fiber-optic networks and satellite services to telecom companies across Africa.


9. Mohammed Dewji: $1.54 Billion

Mohammed Dewji, Tanzania’s only billionaire, is one of the few people around 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 offer at the very least half of his fortune to charity.


8. Michael Jordan: $1.65 billion

Michael Jordan’s wealth comes from endorsements, his shoe empire and his ownership stake inside the Charlotte Hornets. Jordan bought a majority share of your NBA franchise in 2010 for $175 million. He now owns 90 percent in the group, whose worth is estimated at $1.05 billion.


Apropos of His Airness’ financial results, most barbershop investigation 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 acquiring Jordans.


7. Folorunsho Alakija: $1.7 Billion

Starting her business profession using a fashion label, Folorunsho Alakija managed to secure an oil license in Nigeria in 1993. Now her oil-mining operation has partnered with Chevron and will likely preserve pulling crude from the ground till 2024.


6. Patrice Motsepe: $2.5 Billion

In 1994, South Africa’s Patrice Motsepe purchased a low-producing gold mine and created it lucrative. By 2008 he had turn into the initial 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: $2.6 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 numerous Angolan companies to Isabel prior to stepping down in 2017... as president of Angola.


4. Oprah Winfrey: $2.7 Billion

Regardless of her Own network, Harpo Productions, her return to Television as a 60 Minutes correspondent and her stake in Weight Watchers, most of Oprah’s fortune comes from her years as a Tv host. She also owns O the Oprah Magazine, which recently announced that its groundbreaking March cover will function ... hold on, let me check ahead of I offer you any erroneous info.


Yes, this month’s cover will function Oprah Winfrey.


Once again.


3. Robert Smith: $4.4 Billion

Apparently there’s a black guy in America who’s not a rapper or entertainer who’s worth greater than 3 Jay-Zs, two Diddys plus a Beyoncé. Robert Smith produced his money in venture capital immediately after leaving Goldman Sachs and Kraft Foods.


I’m confident this story is made up, simply because no one ever talks about this guy. Or possibly he includes a secret vibranium mine. Now that I believe about it, “Robert Smith” sounds like a name an individual would make up if his name were truly T’Challa.


Sure, “Bob.” I’ll see you in Wakanda.


2. Mike Adenuga: $5.4 Billion

You understand that old joke about how each cabdriver in New York City is either wealthy or even a surgeon back in his African homeland? Effectively, Mike Adenuga created that come true for himself. Adenuga, a native of Nigeria, supported himself by functioning as a taxicab driver in New York whilst attending Pace University for his MBA.


By the age of 26, he had made his first million selling lace and distributing soft drinks. Now he owns the second-largest cellphone provider in Nigeria and one of your country’s most profitable oil firms.


He uses Uber now.


1. Aliko Dangote: $14.1 Billion

Africa’s richest man didn’t make it by promoting oil, footwear, television shows or stock. Dangote amassed his wealth by selling cement. His company produces 44 million metric tons annually and plans to boost production by 33 % over the following two years. He also dominates the sugar market place in his country.


Dangote’s great-grandfather Alhassan Dantata was also the richest man in Africa in the time of his death.

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