*There are nearly 3000 billionaires in the world (precisely 2,755) and 14 are Black, according to Forbes.
Eight Americans are on Forbes’ 2022 list of billionaires and two of the fourteen Black billionaires are women.
The Atlanta Journal-Constitution has dissected the list to highlight these Black ballers and their industries. Check out the (edited) list below courtesy of the publication.
READ MORE: Black Billionaires Club: Why These are Forbes’ 7 Richest Black Americans in 2021
1. Aliko Dangote: $14 billion
Africa’s richest man owns nearly 88 percent of publicly-traded Dangote Cement. He also owns stakes in publicly-traded salt, sugar and flour manufacturing companies.
2. Mike Adenuga: $7.3 billion
Adenuga, Nigeria’s second-richest man built his fortune in telecom and oil production.
3. Abdulsamad Rabiu: $6.9 billion
Rabiu is the founder of BUA Group, a Nigerian conglomerate with interests in sugar refining, cement production, real estate, steel, port concessions, manufacturing, oil, gas and shipping.
4. Robert F. Smith: $6.7 billion
Smith made his fortune through the private equity firm, Vista Equity Partners, which he founded in 2000.
- David Steward: $5.8 billion
Steward is co-founder and chairman of World Wide Technology, an $11.2 billion IT provider whose customers include Citi, Verizon and the federal government.
6. Patrice Motsepe: $3.3 billion
Motsepe became a billionaire in 2008 as founder and chairman of African Rainbow Minerals.
7. Strive Masiyiwa: $3 billion
Masiyiwa “overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998,” according to Forbes.
- Oprah Winfrey: $2.6 billion
In addition to the media, entertainment and business empire she’s built, Winfrey owns shares in Weight Watchers and has a partnership with Apple.
- Michael Jordan: $1.7 billion
NBA great Jordan still has sponsorship deals with Hanes, Gatorade and Upper Deck 19 years after retiring from basketball.
10. Alex Karp: $1.1 billion
Karp is the co-founder and CEO of the software firm Palantir Technologies.
11. Michael Lee-Chin: $2 billion
A native of Jamaica, Lee-Chin made his fortune investing in National Commercial Bank Jamaica, AIC Limited and other companies.
12. Rihanna: $1.7 billion
Rihanna has a projected net worth of $1.4 billion due to her ever-expanding Fenty empire
- Jay-Z: $1.4 billion
Jay-Z became Hip-Hop’s first proven and viable billionaire, thanks to what Forbes called a “sprawling and diverse empire.”
14. Tyler Perry: $1 billion
The media mogul owns Tyler Perry Studios, located in the heart of Atlanta.
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