Tuesday 18 June 2013

The Top 10 Richest Black People in the World

The Top 10 Richest Black People in the World
They say that black is beautiful, but these people can also add the word wealthy to
that. Here is a list of the top 10 richest black people in the world for 2013.

10. Robert L. Johnson – $550 million

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Robert L. Johnson is the founder, former Chairman and ex-Chief Executive Officer
of Black Entertainment Television, or BET. He is considered as the first African
American to become a millionaire after becoming the first black person from
anywhere in the world to become part of Forbes Magazine’s list of the richest people
on earth. He also used to be the majority owner of the Charlotte Bobcats, a franchise
of the National Basketball Association. The team is now controlled by Michael
Jordan. Johnson is also the founder and Chairman of RLJ Development.

9. Sean Combs – $550 million

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He has also been known by other stage names, like Puff Daddy or Diddy or P.
Diddy. Sean Combs started out in the recording industry when he established Bad
Boy Records in 1993. The label was able to sign lucrative deals with several hip-
hop musicians, like The Notorious B.I.G. He has also released several successful
albums, from his 1997 debut entitled No Way Out to the 2009 Last Train to
Paris. He also has a successful clothing line, a couple of restaurants and a movie
production firm.

8. Michael Jordan – $650 million

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Michael Jordan is considered to be the greatest basketball player to have ever
played the game. His numbers speak for itself: six-time NBA champion, six-
time Finals MVP, five-time MVP, three-time All-Star Game MVP, 10-time scoring
champion, 14-time All Star, Defensive Player of the Year in 1988 and Rookie of the
Year in 1985. Equally important is the $650 million he has from all his endorsements,
specifically with Nike. He is currently the majority owner and Head of Basketball
Operations of the Charlotte Bobcats basketball team.

7. Mo Ibrahim – $1.1 billion

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Mo Ibrahim is a British businessman who was born in Sudan. He was the founder
of Celtel, a mobile phone company. In 2005, he was able to sell his shares in the
company for an astounding $3.4 billion. He is now involved in helping the African
continent by investing in various businesses and engaging in philanthropy. He
established the Mo Ibrahim Foundation in 2007 to promote good governance. It
resolves to grant the amount of $5 million to heads of state in the continent who have
been deemed worthy of the Mo Ibrahim Prize for Achievement in African Leadership.
No award was given, however, in 2009, 2010 and 2012.

6. Isabel dos Santos – $2 billion

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Isabel dos Santos is an Angolan investor who was born in Azerbaijan. She is the
daughter of Jose Eduardo dos Santos, who is currently the President of Angola. The younger dos Santos is considered to be the richest woman in Africa and the most powerful woman in her country. She is also the first female billionaire from the continent. She has substantial investments in both Angola and Portugal, specifically in the media, retail, telecommunications, finance and energy industries.

5. Oprah Winfrey – $2.8 billion

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Oprah Winfrey is known as the Queen of Talk. For years, she lorded it over the
talk show landscape with her show entitled “The Oprah Winfrey Show.” She is
the Chairwoman and Chief Executive Officer of Harpo Productions and the Oprah
Winfrey Network. She is the richest African American in history and is considered by
some to be the most influential woman in the world. Some also call her the greatest
black philanthropist in the history of the United States. Her influence on her audience
is such that anything she endorses is bound to become a hit.

4. Patrice Motsepe – $2.9 billion

Day One Of The World Economic Forum 2012
Patrice Motsepe is a mining magnate from South Africa. He is the founder and
Chairman of African Rainbow Minerals, a company that has interests in gold,
platinum, base and ferrous metals. He is also the Chairman of Harmony Gold, the
12th biggest gold mining company in the world. He is considered as the richest man
in his country. He also owns the Mamelodi Sundowns, a football club that plays in
the South African Premier Soccer League. Motsepe is part of The Giving Pledge and
has promised to give up half his money to charitable causes and institutions.

3. Mike Adenuga – $4.7 billion

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Mike Adenuga is a Nigerian businessman who made his money in oil and
telecommunications. He started out by handling construction projects back in
the 80′s. He was then given a license for oil production. He became the first
Nigerian to strike oil in commercial quantities. He established Conoil Producing
Limited, one of the largest explorers in the country. He is also the man behind
Globacom, which is the second largest mobile phone network in the African country.

2. Sheikh Mohammed Hussein Ali Al Amoudi – $13.5 billion

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Sheikh Mohammed Hussein Ali Al Amoudi is a businessman from Saudi Arabia and
Ethiopia. He is considered to be the richest man in Ethiopia and the second richest
Saudi Arabian national. He is the largest foreign investor in Ethiopia and Sweden.
He has interests in oil, mining, agriculture, hotels, hospitals, finance, operations and
maintenance. His construction company, the Mohammed International Development
Research and Organization Companies, or MIDROC, is the firm behind Saudi
Arabia’s nationwide underground oil storage complex worth $30 billion. He also has
oil refineries in Sweden and Ethiopia and a hotel in Addis Ababa.

1. Alhaji Aliko Dangote – $16.1 billion

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Alhaji Aliko Dangote is a Nigerian investor and businessman. He is the owner of
the Dangote Group, which has commodities interests in Nigeria, Benin, Ghana,
Cameroon, Zambia and South Africa. He also has interests in other sectors like food processing, freight and cement manufacturing. He also has investments in banking, transportation, real estate, textiles, oil and gas. His company is considered as the largest industrial conglomerate in Western Africa. He is also the leading employer in Nigeria.

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