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Black billionaires

Aliko Dangote, the world's wealthiest black person
Oprah Winfrey at the White House in 2010, the first female black billionaire and the only black billionaire from 2004 to 2006

According to Forbes 2014 ranking of the world's billionaires, Nigerian business magnate Aliko Dangote with a net worth of $25 billion is the world's richest black person.[1] Others on the list are Nigeria's Mike Adenuga with $4.6 billion,[2] American media mogul Oprah Winfrey with a net worth of $3.9 billion (2015) and South African gold magnate Patrice Motsepe, with $2.9 billion, Nigeria's Folorunsho Alakija with $2.5 billion and Mo Ibrahim, a British billionaire of Sudanese Nubian ancestry,[3] who has been on the Forbes Billionaire list since 2008 and in 2012 had a net worth of $1.1 billion.[4]

In the years since, American investor Robert Smith, with a net worth of $3.0 billion, and American sports executive Michael Jordan, with $1.1 billion, have risen to the list.

From 2001 to 2003, Forbes listed American television network executive Bob Johnson as a billionaire,[5] but dropped him after his fortune was split in his divorce.[when?][6] He returned to Forbes Billionaire list in 2007 with a net worth of $1.1 billion. In 2008 Johnson's wealth dropped again, this time to approximately $1.0 billion [7] and by 2009 he fell off the list again. Nigerian petroleum executive Femi Otedola briefly emerged as a billionaire in 2009, but did not remain one in subsequent years. He returned to the list in the company of a fellow Nigerian, sugar tycoon Abdul Samad Rabiu, in 2016, but both were dropped from the rankings the following year.[8]

Multiracial billionaires with significant black ancestry have also been identified over the years. Saudi Arabian billionaire Mohammed Al Amoudi, of Hadhrami Yemeni and Ethiopian descent, has been on the Forbes billionaire list since 2002 and in 2012 had a net worth of $12.5 billion.[9] Michael Lee-Chin of Canada, who is Jamaican of Chinese and Black ancestry was on the list from 2001 to 2010, but dropped off in 2011.[10] In 2013 Isabel Dos Santos who is of both Black and Middle Eastern ancestry made the list with a $2 billion net worth.

Of all the above-mentioned billionaires identified by Forbes, only Oprah Winfrey qualified for Forbes 2009's list of the world's 20 most powerful billionaires, a list which considered not only wealth, but also market sway and political clout. Winfrey was considered especially powerful because of her influence on American consumer choices and her pivotal role in getting Barack Obama elected.[11]

MembersEdit

Wealth valuations by Forbes magazine

Year Black billionaires Bi/Multiracial billionaires with Black ancestry All billionaires
1996 0 0 423, Richest: Bill Gates $18.5 billion  
1997 0 0 224, Richest: Sultan Hassanal Bolkiah $38 billion  
1998 0 0 209, Richest: Bill Gates $51 billion  
1999 0 0 298, Richest: Bill Gates $55 billion  
2000 0 0 322, Richest: Bill Gates $60 billion  
2001 1: Bob Johnson $1.6 billion   1: Michael Lee-Chin $1 billion  [12] 538, Richest: Bill Gates $58.7 billion  
2002 1: Bob Johnson $1 billion   2: 497, Richest: Bill Gates $52.8 billion 
2003 2:
  • Bob Johnson $1.2 billion  
  • Oprah Winfrey $1 billion [14]
2: Mohammad Al Amoudi $1.5 billion  

Michael Lee-Chin $1.4 billion  [15]

476, Richest: Bill Gates $40.7 billion  
2004 1: Oprah Winfrey $1.1 billion   2:
  • Michael Lee-Chin $2.4 billion   
  • Mohammad Al Amoudi $1.4 billion   [16]
587, Richest: Bill Gates $46.6 billion  
2005 1: Oprah Winfrey $1.3 billion   2:
  • Michael Lee-Chin $2.5 billion   
  • Mohammad Al Amoud $2.5 billion   
691, Richest: Bill Gates $46.5 billion 
2006 1: Oprah Winfrey $1.4 billion  2:
  • Mohammad Al Amoudi $6.9 billion   
  • Michael Lee-Chin $2.1 billion  [17]
793, Richest: Bill Gates $50 billion 
2007 2: 2:
  • Mohammad Al Amoudi $8 billion  
  • Michael Lee-Chin $1.6 billion  [19]
946, Richest: Bill Gates $56 billion 
2008 5: 2: Mohammad Al Amoudi $9 billion  

Michael Lee-Chin $1.8 billion  [23]

1,125, Richest: Warren Buffett $62 billion 
2009 5: 2: Mohammad Al Amoudi $9 billion  

Michael Lee-Chin $1 billion  [24]

793, Richest: Bill Gates $40 billion 
2010 4: 2: Mohammad Al Amoudi $10 billion  

Michael Lee-Chin $1 billion  [25]

1,011, Richest: Carlos Slim Helu & family $53.5 billion[26]  
2011 5: 1: Mohammad Al Amoudi $12.3 billion   1,210, Richest: Carlos Slim Helu & family $74 billion 
2012 [1] 5: 1: Mohammad Al Amoudi $12.3 billion   1,210, Richest: Carlos Slim Helu & family $74 billion 
2013 5: 2: 1,426, Richest: Carlos Slim Helu & family $73 billion 
2014 8:
  • Aliko Dangote $25 billion  
  • Mike Adenuga $4.6 billion  
  • Oprah Winfrey $2.9 billion  
  • Patrice Motsepe $2.9 billion  
  • Florunsho Alakija $2.5 billion  
  • Abdulsmad Rabiu $1.2 billion  
  • Mo Ibrahim $1.1 billion   [4]
2:
  • Mohammad Al Amoudi $15.3 billion   
  • Isabel Dos Santos $3.7 billion 
1,645, Richest: Bill Gates $76 billion 
2016 12:
  • Aliko Dangote $14.4 billion  
  • Mike Adenuga, $9.9 billion  
  • Oprah Winfrey $3.1 billion  
  • Robert Smith, $2.5 billion  
  • Byaruhanga Kimberly Junior $2.1 billion  
  • Femi Otedola, $1.85 billion  
  • Folorunsho Alakija, $1.55 billion  
  • Patrice Motsepe $1.15 billion  
  • Michael Jordan, $1.14 billion  
  • Abdulsmad Rabiu $1.1 billion  
  • Mo Ibrahim $1.07 billion  [27]
2:
  • Mohammed Al-Amoudi, $8.4 billion  
  • Isabel Dos Santos, $3.1 billion  

See alsoEdit

ReferencesEdit

  1. ^ a b Nsehe, Mfonobong (March 7, 2012). "The Black Billionaires 2012". Forbes. 
  2. ^ a b c d e f "The Nation - Are Dangote and Adenuga truly Nigeria's richest men?". 16 March 2011. Retrieved 25 October 2017. 
  3. ^ "Home - East African Business Week Newspaper: The region's leading business newspaper". Busiweek.com. Retrieved 25 October 2017. 
  4. ^ a b c d e "#1638 Mohammed Ibrahim". Forbes.com. Retrieved 25 October 2017. 
  5. ^ Brett Pulley (2001-10-08). "The Cable Capitalist". Forbes. Retrieved 2006-05-11. [permanent dead link]
  6. ^ Michael P. Regan (2004-02-27). "Billionaires' ranks open to 'Harry Potter' author". Arizona Daily Star. Retrieved 2006-05-11. 
  7. ^ a b "#1062 Robert Johnson". Forbes. 2008-03-05. 
  8. ^ Obusan, Claire. "In Pictures: New Billionaires". Forbes. 
  9. ^ "#116 Mohammed Al Amoudi". Forbes. 
  10. ^ "Michael Lee-Chin". Forbes. 
  11. ^ [1][dead link]
  12. ^ "Forbes.com: Forbes World's Richest People 2001". Web.archive.org. 28 October 2006. Retrieved 25 October 2017. 
  13. ^ "Forbes.com: Forbes World's Richest People 2002". Web.archive.org. 19 May 2008. Retrieved 25 October 2017. 
  14. ^ "Forbes.com: Forbes World's Richest People 2003". Web.archive.org. 1 January 2011. Retrieved 25 October 2017. 
  15. ^ "Forbes.com: Forbes World's Richest People 2003". Web.archive.org. 21 August 2007. Retrieved 25 October 2017. 
  16. ^ "Forbes.com: Forbes World's Richest People 2004". Web.archive.org. 28 April 2006. Retrieved 25 October 2017. 
  17. ^ "#365 Michael Lee-Chin". Forbes. 
  18. ^ "#840 Robert Johnson". Forbes. 2007-03-08. 
  19. ^ "#618 Michael Lee-Chin". Forbes. 2007-03-08. 
  20. ^ "#462 Oprah Winfrey". Forbes. 2008-03-05. 
  21. ^ "#503 Patrice Motsepe". Forbes. 2008-03-05. 
  22. ^ "#462 Mohammed Ibrahim". Forbes. 2008-03-05. 
  23. ^ "#677 Michael Lee-Chin". Forbes. 2008-03-05. 
  24. ^ "#701 Michael Lee-Chin - The World's Billionaires 2009". Forbes. 2009-03-11. 
  25. ^ "#937 Michael Lee-Chin". Forbes. 2010-03-10. 
  26. ^ [2][dead link]
  27. ^ Nsehe, Mfonobong. "The Black Billionaires 2016". Forbes. Retrieved 2017-07-21.