Forbes has released its latest ranking of the world’s Black billionaires, with Aliko Dangote, Chairman and CEO of the Dangote Group, once again emerging as the richest Black man alive.
Dangote’s net worth is currently pegged at $23.9 billion, cementing his dominance in Africa’s and the global business scene.
Other notable names on the list include:
- David Steward – Net worth: $11.4 billion, largely from his IT empire, World Wide Technology.
- Robert F. Smith – Net worth: $10.8 billion, driven by private equity investments.
- Mike Adenuga – Net worth: $6.8 billion, from telecoms (Glo) and oil ventures.
- Michael Jordan – Net worth: $3.5 billion, making him the wealthiest athlete in history.
- Rihanna – Net worth: $1.4 billion, from her music career and Fenty beauty empire.
The ranking highlights the diverse paths to wealth among Black billionaires — from cement, oil, and telecoms to IT, private equity, sports, and entertainment.
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