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Richest Black Men in the World Revealed

Check out the 2017 list of the five richest black men in the world

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A list of 2,000 billionaires across the country has recently been released. Although the number of black billionaires dropped since last year, there are still some extremely impressive stats on this list.

Here are the five richest black billionaires in the world:

ALIKO DANGOTE (Nigeria)

Dangote’s net worth is $12.2 billion. He started out as a trader and then progressed to become a major manufacturer of sugar, flour, and cement. For the past seven years, Dangote has been the richest black billionaire in the world.

MIKE ADENUGA (Nigeria)

Adenuga’s net worth is $6.1 billion and he is the second richest black man in Nigeria. He built his fortune through his company Globacom, which specializes in telecommunication network operations.  Additionally, he owns the company Conoil Producing, a oil exploration business that operates six oil blocks in the Niger Dollar.

PATRICE MOTSEPE (South Africa)

Motsepe’s net worth is $1.8 billion, making him South Africa’s first black billionaire. Through his flagship business African Rainbow Minerals, he’s become incredibly successful.

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Additionally, he’s recently expanded his business ventures with the launch of his investment firm, African Rainbow Capital. They’ve made several investments in health management, property, and financial services all over the world.

MICHAEL JORDAN (USA)

Jordan’s net worth is $1.3 billion. One of the best basketball players of all time, Jordan’s partnership with Nike has earned him over a billion dollars. Last year, he beat Tiger Woods for the highest-paid athlete in history.

He is also the main shareholder in the Charlotte Bobcats, a professional basketball team in Charlotte, North Carolina.

MOHAMMED IBRAHIM (Sudan)

Ibrahim’s net worth is $1.14 billion. He earned the bulk of his capital through his telecommunications company, Celtel. Eventually, he sold the company to MTC, a firm located in Kuwait, earning $3.4 billion from the deal.

 

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