Forbes black billionaires list

Forbes magazine recently released its list of billionaires, and among 1,226 who made the list, six of them are black. 

Despite lackluster ratings and a rocky start, Oprah Winfrey still makes the cut. The media mogul and philanthropist is worth a whopping $2.7 billion, and is still the wealthiest black woman in the world.

Ethiopian-born oil barron Mohammed Al-Amoudi tops the list of black billionaires with a net worth of approximately $12.5 billion. Although he migrated to Saudi Arabia as a child, he remains committed to Ethiopia.  Al-Amoudi recently invested $3.4 billion in the country, and he owns a 5-star hotel in Addis.

Nigerian Aliko Dangote topped the black billionaires list last year, but because of the down stock market, he slipped to second place. Dangote is Africa’s richest man, worth about $11.2 billion. Dangote’s investment firm, the Dangote Group, is the country’s largest conglomerate, with investment in Nigeria, Zambia, Senegal, Tanzania and South Africa.

Also from Nigeria, oil and telecom investor Mike Adenuga is one of Africa’s wealthiest men.Worth $4.3 billion, Adenuga is at the helm of  Conoil Producing Company, Nigeria’s largest home-grown oil exploration company.

South Africa touts its first black billionaire in Patrice Motsepe. The lawyer turned businessman is worth $2.7 billion and is the Executive chairman and part owner of African Rainbow Mineral. Motsepe also owns part of Mamelodi Sundowns, a South African football (soccer) club.

Sudanese-born telecom giant Mo Ibrahim is not only wealthy (he’s worth $1.1 billion), but he’s also concerned about Africa’s future. Although he lives in the UK, Ibrahim donates $5 million a year to democratically-elected African leaders who are serious about democracy and fair leadership. Additionally, Ibrahim founded Satya Capital, a private equites firm that invests solely in African companies.

  • African Mami

    Alililililililiillililiilililiiliiiiiiiiliiii!!!!!! SOOOOOOOOOOOOOOOOOOOOOOOOOO PROUD of these motherlanders doing it big and proper out thurrrrrrrrrrrrrrrrrrrrrrrrrr!!!!! YEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEESSSSS. Now is the Sudanese married or was reallllllly reallllly good?!

  • MedStudent

    God Bless Africa- but what’s up with the Caribbean nations, surely there must be successful individuals sprouting from there.

  • Yb

    There’s Jamacian-Chinese billionaire Michael Lee-Chin.

  • Yb

    Where’s BET sellout/founder Robert L. Johnson?

  • malik hemmans

    i think he losing money

  • Clutch

    Although they are wealthy, Michael Lee-Chin & Bob Johnson didn’t make the list.

  • secretaddy

    *eye roll* who congratulates people for being rich ??? Soo shallow. Anyway ,notice many are wealthy because of natural resources. Now ask yourselves , how is that a very few select group of individuals PROSPER off of African land but African nations with oil still without a pot to piss in

  • girlformerlyknownasgrace

    Go Africa! represent and reverse brain drain!

  • Easy

    There’s nothing wrong with commending legitimate success in a field of endeavor. Also, Telecommunication, Investments, and Services are no “natural resources.” Finally, even “advanced” nations still have their 99%ers. Let’s be positive here.

  • LN

    Great to hear! Africa is on the rise.

  • TheBestAnonEver, Part 2

    Dangote! I know a girl that is (was?) one of his girlfriends. She is set for life. I understand if you are ambition and smart, you’ll make out like a bandit because he’ll support your plans. I blame my parents, kept me too sheltered I didn’t learn the art of ho’ing. I spent my 20s giving it away for free under the guise of love. SMH. Oh well, live and learn.

  • African Mami

    @ secretaddy,

    Personally, I am stoked that we got billionaires in my continent, and I’m headed to a near mountain to declare this sweet glory!

  • Pseudonym

    Yeah, but Africa has oil money.

  • Pseudonym

    He was born in 1946.

  • Ms. Information

    Africa has all of those billionaires and the continent is still suffering at ridiculous levels. Hmmph.

  • Jinx Moneypenny

    Don’t kill me!


  • Ms. Information

    lol..too funny…damn student loans.

  • chic noir

    Well just point me to the single one in the bunch.

  • chic noir

    LOLROF at you you TheBestAnonEver, Part 2. Love should be apart of it but women must know their worth.

  • Native Gear


  • Ohboy

    @BestNonever…….Gerl you are too funny!!!!

  • Tonton Michel

    Bet you they subscribe to trickle down economics.

  • Pingback: Chocolate News Treats

  • nick

    These were the families who sold their own brothers and sisters into Slavery or in other words, sold their man power into slavery for trade offs.

  • African Mami

    Jesus on the cross! errrrrrm, ummmm…yeah!

  • Easy

    What has this article (or any of those people) got to do with slavery? Get over yourself and pull yourself up by your own bootstraps

  • Easy

    Different strokes. No one is asking you to save them. Some people would still rather be free-living peasants than live in a “first-world” country that considers them second class citizens.

    “Suffering” exits everywhere:

  • Easy

    That was hilarious.

  • Socially Maladjusted


    who congratulates people for being rich

    brainwashed fools also who aspire to live off the labour of others and off mineral wealth they didn’t create.

    How can someone claim to be an oil billionaire? Did they make the oil? no oil is found in the earth, so what gives any fool the right to control oil rich land?

    Furthermore, no individual can produce a billion dollars worth of work, even in a 100 lifetimes, which means the work of 100s of 1000s is being underpaid so that one parasite can swish around calling himself a billionaire.

    Anyone who can’t has see that has a caged mind.

    Bout black billionaires

    I suppose we have to celebrate these scumbags as black heros now right?

    nah – no chance

    this is why there must a global revolution of the only true slient majority – the world’s impoverished black and brown peoples, to overthrow this predatory system and rid ourselves of the scum who operate it and their brainwashed servants, once and for all.

    It’s the only way we’re going to have any peace justice and security in this life.

    hock and spit

  • Seth

    @ Chick, South Africa and Egypt are doing quite well. I’m South African And i can tell you that you’d be surprised like most people who were here for the soccer world cup were. SA is the continent’s biggest economy and has one of the greatest stock exchanges. Our economy is bigger than some European economies in terms of GDP. Google FACTS ABOUT SOUTH AFRICA.

  • Seth

    Black people in Africa, the diaspora and North America should strive to uplift a race that has been self deafiting and feeling pitty for itself instead of dissing one another

  • chike

    thank u. am an african and nobody i know is suffering in media levels, in our neighborhood pips are prospering, with more than one car, and well furnished homes, their children go to nice schools, what more is there to be wanted. yeah some african countries arent so well off, but Nigeria aint that bad. its a wonder black americans believe this too, considering what the media is doing to them too.

Latest Stories

Watch: ‘Black People Mate’ a Parody About the Ridiculous Stats on Black Women & Dating


University President Under Fire for Wanting to Make School Less White In the Future


Taraji P. Henson Says European Men Are Less ‘Bitter’ and ‘Jaded’ Than American Men


Style Inspiration: Casual Work Outfits

More in black billionaires, forbes
Rachel Roy
Rachel Roy: ‘Women Should Give Up Trying To Dress Like Kate Moss’