Black men have traditionally been viewed as one of the world’s most successful groups, accumulating billions of dollars across a variety of industries, from entertainment to business and even sports.
Achieving the status of a billionaire is certainly a remarkable accomplishment, but maintaining that status rewards one with even greater respect. There are a number of black billionaires who are undoubtedly the top 10 richest men in the world and are unquestionably billionaires.
1. Aliko Dangote
The Nigerian business magnate, Aliko Dangote, is one of the wealthiest people in the world, and he is a black man. Businessman and executive at the Dangote Group, which is one of the largest conglomerates on the African continent with operations on all continents.
Also, he owns shares in publicly-traded companies that manufacture salt, sugar, and flour. According to our search reports, we came to know that Aliko Dangote has a total net worth of $14.8 billion.
2. Robert F. Smith
The current richest black person in America is Robert Smith, who was born in 1937. Since its inception in 2000, the black investor has been the founder, CEO, and chair of Vista Equity Partners, a firm that specializes in investing in technology companies, software companies, and data-driven companies.
The private equity investing pioneer Smith has been named as one of the most influential people in the sector, and his estimated net worth is $6.7 billion.
3. Mike Adenuga
The Nigerian telecommunications company owned by Adenuga is one of the biggest in Nigeria and is one of the wealthiest black men around the world in 2022. The first million was made by Mike Adenuga when he was 26 years old despite the fact that he had a very humble beginning.
Currently, he is enriching himself by investing in oil and telecommunications. He is one of the richest entrepreneurs in Nigeria thanks to his company Globacom which has a large presence in Ghana and Benin and a total estimated net worth of $7.3 billion.
4. Abdul Rabiu
Nigerian philanthropist and businessman Abdul Rabiu are known for his philanthropic work for children. The founder of the BUA Group, which is a conglomerate dealing with a wide range of businesses, including real estate and construction.
Abdul merged his cement business with the Cement Company, a company in which he held a controlling interest. His net worth is estimated to be $7.1 billion, derived from his iron, steel, and chemical businesses. He started out as a business owner in 1988, and now he owns a number of companies.
5. David Steward
World Wide Technologies, Inc. was founded and is operated by African American businessman David Steward. There is no doubt that David is hard-working and, despite coming from a humble background, he has managed to climb his way to the top of his profession.
A rise of approximately 58% from $3.75 billion to $5.8 billion in the course of a year was an important occurrence in the decline of his net worth.
6. Patrice Motsepe
A South African businessman known as Patrice Motsepe is regarded to be the first billionaire to emerge from the country ever since it became independent.
Motsepe was born during the Apartheid era, but in spite of all odds, he has managed to make a name for himself as one of the country’s most successful businessmen. Patrice Motsepe is one of the wealthiest black men in the world as of the year 2022, with a net worth of $2.9 billion.
7. Strive Masiyiwa
As a businessman and philanthropist, Strive Masiyiwa is a Zimbabwean living in the United States with a family foundation (Higherlife Foundation); the foundation provides scholarships to young people throughout Africa.
In addition to owning a majority stake in Liquid Telecom, Masiyiwa also owns a minority stake in a private company that provides fiber-optic network and satellite service to telecom firms across Africa.
The billionaire has interests in mobile phone companies in Burundi and Lesotho, as well as financing firms and power distribution companies in Africa, and he has a net worth in the $9.3 billion range.
You may also like:
- Top 10 Richest Rappers in the World 2022
- Top 10 Richest Native American Tribes (Updated 2022)
- Top 10 Richest Women In The World (Updated 2022)
- Top 10 Richest Country In The World (Updated 2022)
8. Kanye West
Aside from being one of the wealthiest musicians in the world right now, Kanye West is also one of the richest black people in 2022. Yeezy is a well-known brand in the world of hip hop, and his career in the music industry is his main source of wealth.
Although West is known for his musical career, which earns him millions every year, he also earns millions through his footwear company (Yeezy), and he is frequently partnered with Adidas when introducing his products. Further, his total net worth has been calculated at nearly $6 million.
9. Michael Lee-Chin
A Jamaican-born Canadian entrepreneur by the name of Michael Lee-Chin. As the owner of National Commercial Bank Jamaica and AIC Limited, he makes a fortune through investment in various financial institutions.
It has been estimated that he is worth approximately $60 million based on the shareholding he has in National Commercial Bank Jamaica.
It is a private investment company in Ontario, Canada, known as Portland Holdings Inc., whose Chairman and CEO is Bruce Ayres, and his net worth has been calculated nearly at $1.8 billion.
10. Michael Jordan
There is no doubt that Michael Jordan is internationally recognized for his career as a professional basketball player. It is important to note that although Michael Jordan has retired from the world of basketball, he continues to be a billionaire by signing endorsement deals.
By 2022, Michael Jordan will have a net worth of $1.7 billion, making him the 10th richest black man in the world, the richest NBA player, and the 10th most wealthy American.