Who is the wealthiest black man in America?
The wealthiest African American, Robert Smith, has an estimated net worth of $5 billion in 2021, almost twice that of Oprah Winfrey and Jay Z, who are the wealthiest Black entertainers.
Bob Johnson, the first US Black billionaire, also represents a US trend where most Black billionaires stem from the entertainment industry.
Aliko Dangote, $16.1 billion. Mike Adenuga, $4.7 billion. Patrice Motsepe, $2.9 billion. Oprah Winfrey, $2.8 billion.
The United States is home to the most billionaires of any country represented on Forbes' list of 2,640 billionaires in 2023. And yet, of the 1,000 wealthiest people in the world, only two are Black Americans.
- Aliko Dangote: $13.9 billion. ...
- Robert F. Smith: $9.2 billion. ...
- David Steward: $7.6 billion. ...
- Mike Adenuga: $6.9 billion. ...
- Abdulsamad Rabiu: $5.9 billion. ...
- Michael Jordan: $3.2 billion. ...
- Oprah Winfrey: $2.8 billion. ...
- Patrice Motsepe: $2.7 billion.
Aliko Dangote is the richest man in Africa and the richest Black man in the world, with an estimated net worth of around $13.4 billion in 2024. 1 His business empire, Dangote Group, is one of the largest private-sector employers in Nigeria as well as the most valuable conglomerate in West Africa.
Yes, there are indeed black families with old money who have been wealthy for generations and still maintain significant wealth today. However, such families are relatively rare, and their stories are not as widely known or publicized as those of wealthy white families.
Name | Source | |
---|---|---|
1 | Aliko Dangote | Wholesale Trade |
2 | Abdul Samad Rabiu | Wholesale Trade |
3 | Robert Smith | Finance |
4 | Mike Adenuga | Telecommunications |
Sheila Johnson made history as America's first Black female billionaire after co-founding BET. She broke barriers and found success as an entrepreneur, hotel mogul and co-owner of multiple professional sports teams. But that success came at a cost and masked deep pain and trauma.
- Oprah Winfrey. Net worth: $2.5 billion. ...
- Robyn “Rihanna” Fenty. Net worth: $1.4 billion. ...
- Sheila Johnson. Net worth: $780 million. ...
- Janice Bryant Howroyd. Net worth: $630 million. ...
- Beyonce Knowles. Net worth: $450 million. ...
- Emma Grede. ...
- Serena Williams.
Who is the black singer billionaire?
Since becoming hip-hop's first billionaire in 2019, Jay-Z has more than doubled his fortune thanks to his lucrative liquor businesses. In 2021, giant LVMH purchased a 50% stake in his champagne empire Armand de Brignac, otherwise known as Ace of Spades.
- View Park–Windsor Hills, Los Angeles County, California.
- Baldwin Hills, Los Angeles County, California.
- Mitchellville and Woodmore, Prince George's County, Maryland.
- Harlem, New York City.
- Olympia Fields, Illinois.
- Genghis Khan. 1206–1227. King of Mongol Empire. ...
- Zhao Xu. 1048–1085. ...
- Akbar, The Great. 1542–1605. ...
- Amenhotep III. 1388–1351 BC. ...
- Augustus Caesar. 63 BC-14 AD. ...
- King Solomon. 970–931 BCE. ...
- Mansa Mousa. 1280–1337.
The wealthiest African American, Robert Smith, has an estimated net worth of $5 billion in 2021, almost twice that of Oprah Winfrey and Jay Z, who are the wealthiest Black entertainers.
While the number of people in the Forbes' Real-Time Billionaires List dropped by 245 in about six months, Asians accounted for 126 of them, compared with 27 North Americans.
The net worth of the typical Black and Hispanic household in 2022 was $44,900 and about $61,600, respectively, according to the Federal Reserve's latest Survey on Consumer Finances, a triennial report released this month that provides a comprehensive look at Americans' financial circ*mstances.
Total household wealth grew in 2022, but white households still hold the vast majority.
No individual has claimed the status of trillionaire just yet. But a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency isn't unattainable, but it will be a couple of years yet. Only 18 countries have a GDP that exceeds that amount.
Sarah Rector, also known as Sarah Rector Campbell and Sarah Campbell Crawford, (March 3, 1902 – July 22, 1967) was an American oil magnate who was known as the "Richest Colored Girl in the World". Indian Territory (now Taft, Oklahoma, U.S.)
Who are the black elite in America?
The Civil Rights Movement and affirmative action brought about many changes for the black elite. As the old elite died away, a new black elite emerged. Within its ranks are politicians, entrepreneurs, actors, singers, sports figures, and many more who are otherwise part of America's wider upper-middle class.
Oprah Winfrey, who became the first Black female billionaire in 2003, is still on the list ($2.8 billion net worth), as is Michael Jordan, who became the first billionaire athlete in 2015 ($3.2 billion).
Through his business ventures, Jay-Z became the first hip-hop billionaire in 2019. In 1999, he founded Rocawear, a clothing retailer.
Discover the extraordinary journey of John D. Rockefeller, the world's first billionaire, as he built an empire that dominated the oil industry.
An 11-year-old was given an allotment of 'undesirable' land. Beneath the surface was millions of dollars worth of oil. In the early 20th century, Sarah Rector was given 160 acres of land as part of a government treaty.