Black billionaires

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File:Aliko Dangote.jpg
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] Others on the list are Nigeria's Mike Adenuga with $4.6 billion,[2] American media mogul Oprah Winfrey with a net worth of $3.9 billion (2015) and South African gold magnate Patrice Motsepe, 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]

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

Wealth valuations by Forbes magazine

Year Black billionaires Bi/Multiracial billionaires with Black ancestry All billionaires
1996 0 0 423, Richest: Bill Gates $18.5 billion United States
1997 0 0 224, Richest: Sultan Hassanal Bolkiah $38 billion Brunei
1998 0 0 209, Richest: Bill Gates $51 billion United States
1999 0 0 298, Richest: Bill Gates $55 billion United States
2000 0 0 322, Richest: Bill Gates $60 billion United States
2001 1: Bob Johnson $1.6 billion United States 1: Michael Lee-Chin $1 billionCanadaJamaica[12] 538, Richest: Bill Gates $58.7 billion United States
2002 1: Bob Johnson $1 billion United States 2: 497, Richest: Bill Gates $52.8 billionUnited States
2003 2:
  • Bob Johnson $1.2 billion United 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 billion United States
2004 1: Oprah Winfrey $1.1 billion United States 2:
  • Michael Lee-Chin $2.4 billion CanadaJamaica
  • Mohammad Al Amoudi $1.4 billion EthiopiaSaudi Arabia[16]
587, Richest: Bill Gates $46.6 billion United States
2005 1: Oprah Winfrey $1.3 billion United States 2:
  • Michael Lee-Chin $2.5 billion CanadaJamaica
  • Mohammad Al Amoud $2.5 billion EthiopiaSaudi Arabia
691, Richest: Bill Gates $46.5 billionUnited States
2006 1: Oprah Winfrey $1.4 billionUnited States 2:
  • Mohammad Al Amoudi $6.9 billion EthiopiaSaudi 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: Mohammad Al Amoudi $9 billionEthiopiaSaudi Arabia

Michael Lee-Chin $1.8 billionCanadaJamaica[23]

1,125, Richest: Warren Buffett $62 billionUnited States
2009 5:
  • Oprah Winfrey $2.7 billion United States
  • Aliko Dangote $2.5 billion Nigeria
  • 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 8:
  • Aliko Dangote $25 billion Nigeria
  • Mike Adenuga $4.6 billion Nigeria
  • Oprah Winfrey $2.9 billion United States
  • Patrice Motsepe $2.9 billion South Africa
  • Florunsho Alakija $2.5 billion Nigeria
  • Byaruhanga Kimberly Junior $2.1 billion South Africa
  • Abdulsmad Rabiu $1.2 billion Nigeria
  • Mo Ibrahim $1.1 billion United Kingdom [4]
2:
  • Mohammad Al Amoudi $15.3 billion EthiopiaSaudi Arabia
  • Isabel Dos Santos $3.7 billionAngola
1,645, Richest: Bill Gates $76 billionUnited States

See also

References

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