Aliko Dangote: The Richest Black Man In the World Dangote is the founder and chairman of Dangote Cement, the largest cement producer on the continent. Currently, he holds an 85% stake in the publicly-traded firm.
The richest individual on the Forbes Black Billionaire list— Aliko Dangote of Nigeria, with an estimated wealth around $11.5 billion – made his fortune in this sector. Since 2005, Africa has been the continent with the largest number of Black billionaires.
Aliko Dangote, Africa's richest person, holds a “near-monopoly” on cement in Nigeria. He owns Dangote Cement, which has enjoyed some of the world's highest profit margins on cement (45 percent), while paying a tax rate of 1 percent over 15 years.
A trillionaire is an individual with a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency, such as the euro or the British pound. Currently, no one has yet claimed trillionaire status, although some of the world's richest individuals may only be a few years away from this milestone.
Strive Masiyiwa was born in the townships near what was then Salisbury, Rhodesia — now Harare, Zimbabwe. The family house did not have a phone. Few Zimbabweans did back in the Sixties — most had never even heard one ring.
Who is the richest black person in the world 2023?
For the twelfth time in a row, Aliko Dangote (b. 1957) has been named the richest man in Africa in 2023, with an estimated net worth of around $13.5 billion. 1 He is also the richest black man in the world.
The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$9.1 trillion, up from US$7.67 trillion in 2017.
However, there is only one active footballer who is richer than Dangote, and he is not any of the players you might have in mind. With a net worth of $600 million, Lionel Messi does not even come close to Kanye West, not to mention Dangote. And Christiano Ronaldo is even farther behind with a net worth of $490 million.
1. Oprah Winfrey. An American talk show host, television producer, actress, author and philanthropist is currently the richest black woman as per Forbes. She currently has a net worth of $3.5 billion.
Patrice Motsepe, Africa's first black billionaire and one of South Africa's richest men, has experienced a notable financial upturn, witnessing a $400 million increase in wealth over the past month.
That's a big reason Oprah Winfrey is the wealthiest Black woman in America — her iconic brand is a central part of the cultural zeitgeist. Coming in at $2.5 Billion, Oprah's hard-earned and meteoric rise earned her a seat among America's most prolific icons.
As of November 22, 2023, the ranking of Africa's richest includes Aliko Dangote with $10.1 billion, Johann Rupert at $9.7 billion, and Nicky Oppenheimer with $8.3 billion, highlighting their diverse sources of wealth ranging from cement to luxury goods and diamonds.
Sheila Johnson discusses her groundbreaking career and new memoir 'Walk Through Fire' Sheila Johnson made history as America's first Black female billionaire after co-founding BET.
For example, as historian Henry Louis Gates Jr. has pointed out, Juan Garrido became the first documented black person to arrive in what would become the U.S. when he accompanied Juan Ponce de León in search of the Fountain of Youth in 1513, and they ended up in present-day Florida, around St. Augustine.
I was shocked to find just one black female included this year — and then to discover that she is also the first to make the richest 1,000 in 31 editions of the list. The Zimbabwe-born Valerie Moran (née Willis) is worth £122m jointly with her Irish husband, Noel.
There were a record 171 billionaires in the country, according to the Sunday Times Rich List. The billionaire Hinduja family has topped the Sunday Times Rich List for the second year in a row as its fortune jumped by more than £6 billion.
