Top 15 Richest Black Man In The World (Update Aug 2023)

Who is the Richest Black Man In The World?

We heard about many billionaires in the world. But, in this article, we will discuss the 15 richest black men in the world with their net worth. There are almost 2,755 billionaires in the world. But only 15 of them are black. Every year Forbes releases a list of the world’s billionaires with their financial information like the latest stock prices, exchange rates, assets and more.

Black people have come a long way after the dark days of slavery and colonialism by white people. Now, they are showing their interest in various businesses, industries, etc. You will now find black people in every sector and they are an inspiration for many people. There are many black people included on the list of the wealthiest people in the world.

List of the Richest Black Men in the World

These individuals are role models to everyone and proved that color does not matter. Every year, more black billionaires are added to the list of billionaires. The black billionaires proved that despite the odds they can also achieve true financial freedom. Many black people have great famous personalities ranging from former US president  Barack Obama to famous singer Kanye West. They achieved a high position in multiple businesses, entertainment, sports, and other various industries. According to a report, there are 607 billionaires in the United States but only 5 of them are black. Here we made a list of the Top 15 richest black men in the world.

15. LeBron James ($1 billion)

LeBron James is one of the richest black men in the world. LeBron James is a famous American basketball player with a net worth of $1 billion. He played for the Los Angeles Lakers of the National Basketball Association. LeBron is popularly known as “King James” and is well-known as one of the greatest players in the history of the sport. James is one of the leading scorers in NBA history and ranks fourth in career assists. He also won 4 times NBA championships.

Besides these, he also won multiple awards including four Most Valuable Players (MVP) Awards, four Finals MVP Awards, and two Olympic gold medals. So, he is counted in the list of the 15 richest black men in the world.

14. Tiger Woods ($1.1 billion)

Tiger Woods is counted in the list of the top 15 black men in the world. He is a famous  American Golf player. But after a car accident, his legs were injured so badly that there were questions about whether he would walk again. In the year 2022, the golf superstar Tiger Woods returned to the competition. Now, his name comes to the list of black billionaires. He has a net worth of around $1.1 billion. Tiger Woods took the first position in PGA Tour wins, ranks second in men’s major championships, and holds numerous golf records.

He also won the title of one of the greatest golfers of all time and one of the most famous athletes in modern history. He is considered the top-ranked golfer in the world from August 1999 to September 2004 and again from June 2005 to October 2010. At that time, he had already won 13 golf championships.

13. Tyler Perry ($1 Billion)

Tyler Perry is a well-known American actor, director, playwright and producer. He is one of the most successful directors in the entertainment industry. He directed and produced in almost 30 movies, 20 stage productions, and eight TV shows. Each year, he normally earns around $200 million from his entertainment empire. Due to his fabulous movies, he won millions of fans’ hearts. Now, his production company normally earns $150 million every year from one deal. So, he is considered one of the richest black man in the world.

12. Jay-Z ($1.4 Billion)

He is one of the most popular rappers and musicians. Jay-Z has a great interest in hip-hop and rap culture. Due to his artist’s diverse business portfolio, he is considered one of the richest black billionaires. He has a net worth of about $1.4 billion. He earned great fame from music, investments in clothing, liquor, and a stake in the basketball team, Brooklyn Nets. He was the CEO of Def Jam Recordings. He started his music career in the late 1980s and co-founded the record label Roc-A-Fella Records in 1995.

11. Strive Masiyiwa ($1.5 Billion)

Strive Masiyiwa is one of the richest black man in the world. His wealth has grown by 900 million in one year. Strive is among the black billionaires with a $2.4 million net worth. He launched an Econet wireless business in Zimbabwe in 1998 and it was the turning point for Strive Masiyiwa. He also invested in Africa’s fintech and power distribution companies and mobile phone networks in another country. Along with Strive Masiyiwa is also a social worker and has a foundation called Higherlife Foundation, which helps and supports many orphaned and poor children in Africa.

10. Michael Lee-Chin (1.6 Billion)

Michael Lee-Chin is one of the richest black man in the world. He is a Jamaican-Canadian black billionaire and philanthropist with a net worth of $1.6 billion. He made his wealth from mutual funds. He is the chairman and CEO of his Portland Holding company in Ontario, Canada. Previously Lee-Chin was appointed as the chairman of the government of the Jamaica Economic Growth Council (EGC). He also served as the chancellor of Wilfrid Laurier University. Lee-Chin is counted among the Top 15 richest black man in the world.

9. Michael Jordan ($1.7 Billion)

He is a well-known businessman and former basketball player. He was selected for 14 all-star games and won 6 NBA championships with Chicago Bulls and 14 MVP awards. He is considered one of the richest black man in the world with a net worth of $1.7 billion. Michael Jordan also makes money from his widely acclaimed shoe lines and his majority share ownership of the Charlotte Hornets NBA franchise. He is one of the best basketball players of all and retired in 2003. Jordan was born in Wilmington, North Carolina and studied at the University of North Carolina at Chapel Hill in 1981.

8. Kanye West ($1.8 Billion)

Kanye West is a well-known American Rapper. He is a black billionaire with a net worth of $1.8 billion. Suddenly his net worth has grown due to his record-breaking music sales and his largely successful foray into fashion. Kanye West owns of Yeezy and he earns around 150-200 million every year. He is also considered one of the best hip-hop artists and greatest musicians of his time. Kanye was born in Atlanta and grew up in Chicago. He also explored various musical elements like orchestras, synthesizers, and auto-tune. Now, he is counted among the top 15 richest black man in the world.

7. Alex Karp ($2.1 Billion)

Alex Karp is among the top richest black billionaires in the world. He is an American businessman and CEO of the software firm Palantir Technologies. Karp grew up in Philadelphia and studied at Central High School. He started his struggle at an early age and invested in startups and stocks. The Caucasian appearance of Karp makes him look like a white but his mother is a black American. Now, he is counted in the list of black billionaires.

6. Patrice Motsepe ($2.9 Billion)

Patrice Motsepe was born in Soweto and is considered one of the richest black men in the world. His wealth originates from mining. He is the owner of African Rainbow Minerals, a company interested in precious metals like gold and platinum. He is also the current president of the Confederation of African Football CAF. He has a net worth of $2.9 billion which makes him counted in the list of black billionaires.

5. David Steward ($3.7 Billion)

David Steward is the fifth richest black billionaire in the world with a net worth of $3.7 billion. He faced poverty and racial segregation at an early age but he is a hardworking man and stood up to become a notable person in society. Previously he worked as a salesman, a production manager, and an accountant. Later he grew up and started World Wide Technology, an IT company that changed his life and took him on the path to success. Now, he is counted among the Top 15 richest black man in the world.

Top 4 Richest Black Men are Below

4. Abdul Samad Rabiu ($4.9 Billion)

Abdul Samad Rabiu is a Nigerian black billionaire with a net worth of around $4.9 billion. He is the owner and founder of BAU, a Nigerian conglomerate. He started his struggles with commodity trading and expanded to construction materials, and started constructing rolling mills. Besides this, he is also interested in real estate, infrastructure, and cement production. Abdul is the owner of the largest oil processing company in Nigeria.

3. Robert Smith ($6 Billion)

Robert Smith was born in Denver in 1962. He is considered one of the richest black billionaires in the world with an estimated net worth of $6 billion. Robert completed his education in two different fields, chemical engineering for his degree and a Master’s degree in Business Administration. After that, he worked for several businesses and later he decided to start his own business and also earned fame as a great business tycoon. Robert Smith is also the chairman and CEO of Vista Equity Partners. Now, he is counted in the top 15 richest black billionaires.

2. Mike Adenuga ( $6.1 Billion)

He is one of the richest black man in the world with a net worth of $6.1 billion. Mike is the owner and the founder of the second-largest telecom company in Nigeria- Globacom. Besides this, he is also a shareholder in various companies like Equitorial Trust Bank and  Conoil. He started his life as a taxi driver and faced many struggles in his life. But later he went to school and completed his MBA after his degree program. He started his lace and soft drinks business which took him on the path of success.

1. Aliko Dangote ($11.5 Billion)

With an estimated net worth of $11.5 billion, Aliko Dangote is the richest black man in the world. He owns 88% shareholder of his company, Dangote Cement Company. He also invested in various businesses like salt and sugar manufacturing companies. His net worth is expected to increase this coming year due to the ongoing construction of the Dangote refinery. He is among the richest black billionaires in the world.

Conclusion of the Top Richest Black Man

It is not easy for black people to be counted on the billionaire’s list. It needs a lot of hard work, determination and passion. If you want to achieve your goal, then you need to work hard. This article is the list of the Top 15 richest black man in the world with their current net worth. I hope you guys liked this article.

Topic Summary

Here is a quick list of The Top 15 Richest Black Man In The World.

1. Aliko Dangote
2. Mike Adenuga
3. Robert Smith
4. Abdul Samad Rabiu
5. David Steward
6. Patrice Motsepe
7. Alex Karp
8. Kanye West
9. Michael Jordan
10. Michael Lee-Chin
11. Strive Masiyiwa
12. Jay-Z
13. Tyler Perry
14. Tiger Woods
15. LeBron James

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