Black billionaires

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This article refers to U.S. dollar billionaires who have Black African ancestry.
Aliko Dangote, the world's wealthiest Black person
Oprah Winfrey at the White House in 2010, the first female black billionaire and the only black billionaire from 2004 to 2006

According to Forbes 2014 ranking of the world's billionaires, Nigerian business magnate Aliko Dangote with a net worth of $25 billion is the world's richest black person.[1] The other Blacks on the list are Nigeria's Mike Adenuga with $4.6 billion,[2] American media mogul Oprah Winfrey and South African gold magnate Patrice Motsepe, each with $2.9 billion, Nigeria's Folorunsho Alakija with $2.5 billion, Nigeria's Abdulsmad Rabiu with $1.2 billion and Mo Ibrahim, a British billionaire of Sudanese Nubian ancestry,[3] who has been on the Forbes Billionaire list since 2008 and in 2012 had a net worth of $1.1 billion.[4] The newest billionaire on forbes list is Michael Jordan due to his stake in the Charlotte Hornets. From 2001 to 2003, Forbes listed American television network executive Bob Johnson as a billionaire,[5] but dropped him after his fortune was split in his divorce.[when?][6] He returned to Forbes Billionaire list in 2007 with a net worth of $1.1 billion. In 2008 Johnson's wealth dropped again, this time to approximately $1.0 billion [7] and by 2009 he fell off the list again. Nigerian petroleum executive Femi Otedola briefly emerged as a billionaire in 2009, but has not been listed in the following years.[8]

Multiracial billionaires with significant black ancestry have also been identified over the years. Saudi Arabian billionaire Mohammed Al Amoudi, of Hadhrami Yemeni and Ethiopian descent, has been on the Forbes billionaire list since 2002 and in 2012 had a net worth of $12.5 billion.[9] Michael Lee-Chin of Canada, who is Jamaican of Chinese and Black ancestry was on the list from 2001 to 2010, but dropped off in 2011.[10] In 2013 Isabel Dos Santos who is of both Black and Middle Eastern ancestry made the list with a $2 billion net worth.

Of all the above-mentioned billionaires identified by Forbes, only Oprah Winfrey qualified for Forbes 2009's list of the world's 20 most powerful billionaires, a list which considered not only wealth, but also market sway and political clout. Winfrey was considered especially powerful because of her influence on American consumer choices and her pivotal role in getting Barack Obama elected.[11]

Members[edit]

Number of Black billionaires, Bi/Multiracial billionaires with Black ancestry, and all billionaires by year (wealth valuations by Forbes magazine at the time their international billionaire list is released each year)
Year Number of Black billionaires Number of mixed race billionaires with significant Black ancestry Number of all billionaires
1996 0 0 423, Richest: Bill Gates $18.5 billionUnited States
1997 0 0 224, Richest: Sultan Hassanal Bolkiah $38 billion Brunei
1998 0 0 209, Richest: Bill Gates $51 billionUnited States
1999 0 0 298, Richest: Bill Gates $55 billionUnited States
2000 0 0 322, Richest: Bill Gates $60 billionUnited States
2001 1: 538, Richest: Bill Gates $58.7 billionUnited States
2002 1:
  • Bob Johnson $1 billionUnited States
2: 497, Richest: Bill Gates $52.8 billionUnited States
2003 2:
  • Bob Johnson $1.2 billionUnited States
  • Oprah Winfrey $1 billionUnited States[14]
2:
  • Mohammad Al Amoudi $1.5 billionEthiopiaSaudi Arabia
  • Michael Lee-Chin $1.4 billionCanadaJamaica[15]
476, Richest: Bill Gates $40.7 billionUnited States
2004 1:
  • Oprah Winfrey $1.1 billionUnited States
  • Michael Lee-Chin $2.4 billionCanadaJamaica

Mohammad Al Amoudi $1.4 billionEthiopiaSaudi Arabia[16]

587, Richest: Bill Gates $46.6 billionUnited States
2005 1:
  • Oprah Winfrey $1.3 billionUnited States
2:
  • Michael Lee-Chin $2.5 billionCanadaJamaica
  • Mohammad Al Amoud $2.5 billioniEthiopiaSaudi Arabia
691, Richest: Bill Gates $46.5 billionUnited States
2006 1:
  • Oprah Winfrey $1.4 billionUnited States
2:
  • Mohammad Al Amoudi $6.9 billionEthiopiaSaudi Arabia
  • Michael Lee-Chin $2.1 billionCanadaJamaica[17]
793, Richest: Bill Gates $50 billionUnited States
2007 2: 2:
  • Mohammad Al Amoudi $8 billionEthiopiaSaudi Arabia
  • Michael Lee-Chin $1.6 billionCanadaJamaica[19]
946, Richest: Bill Gates $56 billionUnited States
2008 5: 2:
  • ohammad Al Amoudi $9 billionEthiopiaSaudi Arabia
  • Michael Lee-Chin $1.8 billionCanadaJamaica[23]
1,125, Richest: Warren Buffet $62 billionUnited States
2009 5:
  • Oprah Winfrey $2.7 billion United States
  • Aliko Dangote $2.5 billionNigeria
  • Mo Ibrahim $2 billion United Kingdom
  • Femi Otedola $1.6 billion Nigeria
  • Patrice Motsepe $1.3 billion South Africa
2:
  • Mohammad Al Amoudi $9 billionEthiopiaSaudi Arabia
  • Michael Lee-Chin $1 billionCanadaJamaica[24]
793, Richest: Bill Gates $40 billionUnited States
2010 4: 2:
  • Mohammad Al Amoudi $10 billionEthiopiaSaudi Arabia
  • Michael Lee-Chin $1 billionCanadaJamaica[25]
1,011, Richest: Carlos Slim Helu & family $53.5 billion[26] Mexico
2011 5: 1:
  • Mohammad Al Amoudi $12.3 billionEthiopiaSaudi Arabia
1,210, Richest: Carlos Slim Helu & family $74 billionMexico
2012 [1] 5: 1:
  • Mohammad Al Amoudi $12.3 billionEthiopiaSaudi Arabia
1,210, Richest: Carlos Slim Helu & family $74 billionMexico
2013 5: 2: 1,426, Richest: Carlos Slim Helu & family $73 billionMexico
2014 7:
  • Aliko Dangote $25 billionNigeria
  • Mike Adenuga $4.6 billionNigeria
  • Oprah Winfrey $2.9 billionUnited States
  • Patrice Motsepe $2.9 billion South Africa
  • Florunsho Alakija $2.5 billion Nigeria
  • Abdulsmad Rabiu $1.2 billion Nigeria
  • Mo Ibrahim $1.1 billionUnited Kingdom
  • Michael Jordan $1 billion United States [27]
2:
  • Mohammad Al Amoudi $15.3 billionEthiopiaSaudi Arabia
  • Isabel Dos Santos $3.7 billionAngola
1,645, Richest: Bill Gates $76 billionUnited States

See also[edit]

References[edit]

  1. ^ a b Nsehe, Mfonobong. Forbes http://www.forbes.com/sites/mfonobongnsehe/2012/03/07/the-black-billionaires-2012/ |url= missing title (help). 
  2. ^ a b c d e f [1][dead link]
  3. ^ http://www.busiweek.com/index.php?option=com_content&task=view&id=4021&Itemid=39 East African Business Week
  4. ^ a b c d Forbes http://www.forbes.com/profile/mohammed-ibrahim |url= missing title (help). 
  5. ^ Brett Pulley (2001-10-08). "The Cable Capitalist". Forbes. Retrieved 2006-05-11. 
  6. ^ Michael P. Regan (2004-02-27). "Billionaires' ranks open to 'Harry Potter' author". Arizona Daily Star. Retrieved 2006-05-11. 
  7. ^ a b "#1062 Robert Johnson". Forbes. 2008-03-05. 
  8. ^ Obusan, Claire. "In Pictures: New Billionaires". Forbes. 
  9. ^ Forbes http://www.forbes.com/profile/mohammed-al-amoudi/ |url= missing title (help). 
  10. ^ Forbes http://www.forbes.com/profile/michael-lee-chin |url= missing title (help). 
  11. ^ Bertoni, Steven; Farrell, Andrew; Greenberg, Duncan. "In Pictures: The World's Most Powerful Billionaires". Forbes. 
  12. ^ Forbes http://www.forbes.com/finance/lists/10/2001/LIR.jhtml?passListId=10&passYear=2001&passListType=Person&uniqueId=7TE8&datatype=Person |url= missing title (help). [dead link]
  13. ^ Forbes http://www.forbes.com/finance/lists/10/2002/LIR.jhtml?passListId=10&passYear=2002&passListType=Person&uniqueId=7TE8&datatype=Person |url= missing title (help). [dead link]
  14. ^ Forbes http://www.forbes.com/finance/lists/10/2003/LIR.jhtml?passListId=10&passYear=2003&passListType=Person&uniqueId=O0ZT&datatype=Person |url= missing title (help). [dead link]
  15. ^ Forbes http://www.forbes.com/finance/lists/10/2003/LIR.jhtml?passListId=10&passYear=2003&passListType=Person&uniqueId=7TE8&datatype=Person |url= missing title (help). [dead link]
  16. ^ Forbes http://www.forbes.com/finance/lists/10/2004/LIR.jhtml?passListId=10&passYear=2004&passListType=Person&uniqueId=AQ88&datatype=Person |url= missing title (help). [dead link]
  17. ^ Forbes http://www.forbes.com/lists/2006/10/7TE8.html |url= missing title (help). 
  18. ^ "#840 Robert Johnson". Forbes. 2007-03-08. 
  19. ^ "#618 Michael Lee-Chin". Forbes. 2007-03-08. 
  20. ^ "#462 Oprah Winfrey". Forbes. 2008-03-05. 
  21. ^ "#503 Patrice Motsepe". Forbes. 2008-03-05. 
  22. ^ "#462 Mohammed Ibrahim". Forbes. 2008-03-05. 
  23. ^ "#677 Michael Lee-Chin". Forbes. 2008-03-05. 
  24. ^ "#701 Michael Lee-Chin - The World's Billionaires 2009". Forbes. 2009-03-11. 
  25. ^ "#937 Michael Lee-Chin". Forbes. 2010-03-10. 
  26. ^ Kroll, Luisa (2010-03-10). "The World's Billionaires". Forbes. 
  27. ^ Cite error: The named reference www.forbes.com.2Fsites.2Fmikeozanian.2F2014.2F06.2F12.2Fmichael-jordan-is-a-billionaire-after-increasing-stake-in-hornets.2F was invoked but never defined (see the help page).