Hip hop’s first billionaire comes in at No.1990 with a net worth of $1 billion. Jay-Z Photo Credit: Taylor Hill/FilmMagic Ibrahim sold Celtel International to Kuwait’s Mobile Telecommunications for $3.4 billion and kept $1.4 billion in 2005. According to Forbes, his company was one of the first of its kind in Africa and the Middle East. Mohammed “Mo” Ibrahim - founder of Celtel International - comes in at No. Mohammed Ibrahim Photo Credit: Mireya Acierto/Getty Images ![]() Forbes reports that he owns over 50 percent of the publicly-traded company. ![]() In 1998, Masiyiwa founded Econet Wireless Zimbabwe, a mobile phone network company. Hailing from Zimbabwe, Masiyiwa falls at No. Strive Masiyiwa Photo Credit: RODGER BOSCH/AFP via Getty Images He is the founder and chairman of African Rainbow Minerals, a mining company. He was the first Black African to appear on the Forbes list. The South African founder became a billionaire in 2008. 1513, Motsepe has a net worth of $1.4 billion. Patrice Motsepe Photo Credit: Noam Galai/Getty Images for Global CitizenĪt No. She is a stakeholder in many Angolan telecommunication and banking companies. 1513 on the list with a net worth of $1.4 billion. Isabel dos Santos Photo Credit: MIGUEL RIOPA/AFP via Getty ImagesĪs the eldest daughter of Jose Eduardo dos Santos, Angola’s former president, Isabel made No. He built his empire by investing in companies like National Commercial Bank Jamaica and AIC Limited. Forbes reports that the six-time NBA champion amassed $1.7 billion (before taxes) of his net worth from corporate partnerships. 1001, with a net worth of $2.1 billion, the former NBA legend has built a multi-billion dollar empire. Michael Jordan Photo Credit: Chip Somodevilla/Getty ImagesĪt No. According to Forbes, $2 billion of Oprah’s net worth is from reinvestments of her talk show profits. Oprah - the richest Black woman in the world - comes in at No. Oprah Winfrey Photo Credit: Jason Koerner/Getty Images At the start of this year, Rabiu merged his two powerhouse cement companies, Obu Cement and Cement Co. The 59-year-old business mogul owns BUA Group, a cement, sugar, and real estate conglomerate. With a net worth of $2.9 billion, Rabiu ranks at No. 538 on the Forbes’ list with a net worth of $3.5 billion. Forbes says he once watched as his car was repossessed from his office’s parking lot. David Steward Photo credit: EDUARDO MUNOZ ALVAREZ/AFP via Getty ImagesĪs co-founder and chairman of World Wide Technology, Steward’s rise to the top wasn’t a smooth path. Now it is one of the greatest private equity firms, according to Forbes, with over $50 billion in assets. Smith founded Vista Equity Partners to focus exclusively on investing in software companies in 2000. The United State’s billionaire comes in at No. Smith Photo Credit: Earl Gibson III/Getty Images At 66-years-old, Adenuga’s mobile communications company, Globacom, has 50 million subscribers. He secured his wealth through oil and telecom endeavors. Mike Adenuga TwitterĪdenuga is the second richest man in Africa. At 62-years-old, Dangote owns 85 percent of the publicly-traded company. ![]() As the CEO and founder of Africa’s largest cement producer, Dangote Cement. He is not only Africa’s richest man but the world’s richest Black man. The cement and sugar manufacturing guru from Nigeria landed at No. Aliko Dangote JEWEL SAMAD/AFP via Getty Images Here are the Black billionaires that made the list representing various countries around the world. The list - finalized on March 18 - features 2,095 billionaires. While some billionaires remain on top, others saw their ranking drop drastically from the previous year. Forbes recently released its 2020 World’s Billionaires List ranking billionaires according to their net worth.
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