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Meet The Only 10 Black Billionaires In The World by nusto: 5:28pm On Jun 11, 2017 |
View Source: https://www.trendiee.com/articles/meet-10-black-billionaires-world/ Of the 2,043 people who made it to the 2017 FORBES list of the World’s Billionaires, 10 of them are black, down from 12 a year ago. Nigerian cement tycoon Aliko Dangote is still the richest black person in the world, with a fortune estimated at $12.2 billion. He is followed by Saudi-Ethiopian construction magnate Mohammed Al-Amoudi, who is worth $8.4 billion. This year, two black moguls fall off the ranks of the richest black people on earth, and they are both Nigerian – oil tycoon Femi Otedola and cement mogul Abdulsamad Rabiu. While Otedola fell off the list as a result of the plunging share price of his oil company, Forte Oil, a devaluation of the Nigerian currency, the Naira, was responsible for Rabiu’s ousting. Angolan investor Isabel dos Santos, American media mogul Oprah Winfrey and Nigerian oil woman Folorunsho Alakija are still the only black female billionaires on the FORBES billionaires list. 1. Aliko Dangote: $12.2 billion Nigerian, Sugar, Cement, Flour Aliko Dangote is not only Africa’s richest man; he’s also the richest black person in the world. Dangote built his fortune trading in cement, sugar and flour but subsequently ventured into manufacturing these commodities. His Dangote Cement is the largest cement producer in Africa with operations in several African countries. In January he announced plans to establish a $100 million truck manufacturing facility in Lagos in partnership with SINOTRUK, a Chinese firm. 2. Mohammed Al-Amoudi, $8.4billion Saudi Arabian, Oil Mohammed Al-Amoudi is one of the richest man in the Arab world, but he has deep Ethiopian roots. His mother was Ethiopian and he has been investing heavily in the African country for many years. In Ethiopia, his Midroc Ethiopia Technology Investment Group has investments in gold mining, leather production, agro processing, transport and construction. Outside Ethiopia, he owns oil refineries in Morocco and Sweden and oil fields off West Africa. 3. Mike Adenuga, $6.1 billion Nigerian, Oil In October last year, Nigerian billionaire Mike Adenuga was conferred with the Ghanaian national award of ‘Companion Of The Star of Ghana’, the highest national honors in Ghana on account of his extensive investments in the West African country. Adenuga is one of the largest owners of residential and commercial property in Ghana. His mobile telecom company, Globacom, also has operations in Ghana. Adenuga built his fortune in oil and mobile telecoms. His Conoil Producing was the first indigenous Nigerian oil exploration company to strike oil in commercial quantities in Nigeria. His mobile telecoms company, Globacom, is the second largest operator in Nigeria. 4. Isabel Dos Santos, $3.1 billion Angolan, Investments The oldest daughter of Angola’s outgoing president and Africa’s richest woman owns a significant stake in Unitel, the country’s largest mobile phone network, and a stake in Banco BIC. Outside Angola, she owns nearly 6% of oil and gas firm Galp Energia (alongside Portuguese billionaire Americo Amorim), and nearly 19% of Banco BPI, the country’s fourth-largest bank. She is also a controlling shareholder of Portuguese cable TV and telecom firm Nos SGPS (formerly called Zon) 5. Oprah Winfrey, $3 billion American, Television Oprah, once the queen of daytime TV, is still the richest African-American person in the world. Her once struggling cable channel, OWN (Oprah Winfrey Network) is now cash flow positive and is enjoying soaring ratings on the back of a series of successful sitcom and drama collaborations with director Tyler Perry. 6. Robert Smith, $2.5 billion Investment, Tech Smith is the founder of private equity shop, Vista Equity Partners, an Austin, Texas firm that is best known for fixing up enterprise software outfits. He is married to 2010 Playboy Playmate of the Year Hope Dworaczyk. 7. Patrice Motsepe, $1.81 billion South African, Mining After making a fortune in mining through his African Rainbow Minerals, South Africa’s first black billionaire, Patrice Motsepe, is now reinvesting via private equity. In the last year, his new investment company, African Rainbow Capital, has made a series of investments in leading South African financial services companies. He is also the president and owner of the Mamelodi Sundowns Football Club. 8. Folorunsho Alakija, $1.61 billion Nigerian, Oil Nigeria’s only female billionaire is the founder of Famfa Oil, a Nigerian company that owns a substantial participating interest in OML 127, a lucrative oil block on the Agbami deep-water oilfield in Nigeria. Alakija started off as a secretary in a Nigerian merchant bank in the 1970s, then quit her job to study fashion design in England. Upon her return, she founded a Nigerian fashion label that catered to upscale clientele, including Maryam Babangida, wife to Nigeria’s former military president Ibrahim Babangida. 9. Michael Jordan, $1.31 billion American, Basketball Basketball’s greatest player is the majority shareholder of Charlotte Bobcats and enjoys lucrative deals with the likes of Gatorade, Hanes and Upper Deck. His biggest pile comes from Brand Jordan, a $1 billion (sales) sportswear partnership with Nike. 10. Mohammed Ibrahim, $1.14 billion British, Mobile Telecoms, Investments Mo Ibrahim made his initial fortune as the founder of Celtel, an African mobile phone company, which he sold to MTC of Kuwait for $3.4 billion in 2005. He now reinvests through Satya Capital, a U.K-based, African focused private equity firm. View Source: https://www.trendiee.com/articles/meet-10-black-billionaires-world/ 5 Likes 1 Share
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Re: Meet The Only 10 Black Billionaires In The World by Babzrockman: 5:48pm On Jun 11, 2017 |
This Dangote self. Meanwhile, out of 10, Nigerians 3. Nawaooo 25 Likes 1 Share |
Re: Meet The Only 10 Black Billionaires In The World by yarimo(m): 6:14pm On Jun 11, 2017 |
I can clearly see my mother's in law's name in the list, May God continue to bless her. 46 Likes 3 Shares |
Re: Meet The Only 10 Black Billionaires In The World by Nobody: 6:16pm On Jun 11, 2017 |
This list is compiled by an Afonja. Where is Tony elumelu's name on the list? He's the Chairman and ceo of heirs holding and transcorp and he is a billionaire 9 Likes 4 Shares |
Re: Meet The Only 10 Black Billionaires In The World by thesicilian: 6:17pm On Jun 11, 2017 |
Africa is full of billionaires. These are just the ten legal ones... 164 Likes 4 Shares |
Re: Meet The Only 10 Black Billionaires In The World by thesicilian: 6:18pm On Jun 11, 2017 |
lofty900:It always boils down to tribalism for you people. 314 Likes 18 Shares |
Re: Meet The Only 10 Black Billionaires In The World by Nobody: 6:21pm On Jun 11, 2017 |
thesicilian:because I said the truth 8 Likes 3 Shares |
Re: Meet The Only 10 Black Billionaires In The World by eezeribe(m): 6:52pm On Jun 11, 2017 |
lofty900:Did you see Femi otedola on the list Both Elumelu and otedola have seen their fortunes drop from the billion margin to the million margin,due to the Nigeria Economic situation. So the list is unbiased and has nothing to do with tribalism as you had insinuated. 185 Likes 6 Shares |
Re: Meet The Only 10 Black Billionaires In The World by Epositive(m): 6:53pm On Jun 11, 2017 |
and where is ayiri and E-money? 27 Likes 4 Shares |
Re: Meet The Only 10 Black Billionaires In The World by Nobody: 6:55pm On Jun 11, 2017 |
Epositive:we're not talking about our worthless naira, we're talking dollars 115 Likes 4 Shares |
Re: Meet The Only 10 Black Billionaires In The World by eezeribe(m): 6:56pm On Jun 11, 2017 |
Epositive:Lol...Those ones na local champions,Forbes nor know them. 10 Likes 1 Share |
Re: Meet The Only 10 Black Billionaires In The World by Charismatic107: 12:42am On Jun 12, 2017 |
lofty900: 73 Likes 1 Share
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Re: Meet The Only 10 Black Billionaires In The World by Nobody: 2:28am On Jun 12, 2017 |
Forbes 2017 list of black billionaire does not include any Flat head Developer... abi is Forbes an Afonja news outlet? https://www.forbes.com/sites/mfonobongnsehe/2017/03/20/the-black-billionaires-2017/ lofty900: 154 Likes 7 Shares |
Re: Meet The Only 10 Black Billionaires In The World by IhateAfonjas(m): 7:49am On Jun 12, 2017 |
Hh |
Re: Meet The Only 10 Black Billionaires In The World by Goldenheart(m): 7:49am On Jun 12, 2017 |
Re: Meet The Only 10 Black Billionaires In The World by seyigiggle: 7:51am On Jun 12, 2017 |
no developer? 16 Likes 2 Shares |
Re: Meet The Only 10 Black Billionaires In The World by NwaAmaikpe: 7:51am On Jun 12, 2017 |
What of E-Money? A list that does not have Bishop Oyedepo, Bola Tinubu and Orji Uzo Kalu...is that one a list. 20 Likes 6 Shares |
Re: Meet The Only 10 Black Billionaires In The World by flyca: 7:51am On Jun 12, 2017 |
Where is Davido and his 30billion? 52 Likes 1 Share |
Re: Meet The Only 10 Black Billionaires In The World by rheether(f): 7:51am On Jun 12, 2017 |
What about Warri billionaire? Emoney and Davido Aka 30billion 10 Likes 2 Shares |
Re: Meet The Only 10 Black Billionaires In The World by GeneralOjukwu: 7:51am On Jun 12, 2017 |
No Igbo? we would issue Forbes an ultimatum. Hope say no Aboki dey read this ooo Step 1 - IPOB issue ultimatum... Step 2 - after Aboki's reaction NB - list of top Drug Barons with Joaquin El Chapo Guzman at the top must have 7 developers on it 99 Likes 5 Shares |
Re: Meet The Only 10 Black Billionaires In The World by Toks2008(m): 7:52am On Jun 12, 2017 |
lofty900: In usd and not naira. 5 Likes 1 Share |
Re: Meet The Only 10 Black Billionaires In The World by Nobody: 7:52am On Jun 12, 2017 |
nusto: The topic should be List of Black Billonaires in $, because we have many naira denominated billonaires here in Nigeria (e.g Tony Elumelu that will not make the list of billonaires in dollar denominations) |
Re: Meet The Only 10 Black Billionaires In The World by Nobody: 7:52am On Jun 12, 2017 |
Dangote's billions is sexy! 2 Likes |
Re: Meet The Only 10 Black Billionaires In The World by Suko110(m): 7:53am On Jun 12, 2017 |
Epositive:Dem dey come dem never baff 42 Likes 2 Shares
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Re: Meet The Only 10 Black Billionaires In The World by Nobody: 7:53am On Jun 12, 2017 |
rheether:In USD and not NAIRA |
Re: Meet The Only 10 Black Billionaires In The World by Nobody: 7:53am On Jun 12, 2017 |
lofty900: There is a difference between a net worth and gross worth, the iPod might be able to gross a billion dollars but when the gross are shed off, he simply does not make the club, did you ask yourself why otedola did not make the list. Is Elumelu half as rich as otedola. When we say we are your superior you no go gree, but always begging to join list where Afonjas dominate. 76 Likes 4 Shares |
Re: Meet The Only 10 Black Billionaires In The World by Nobody: 7:54am On Jun 12, 2017 |
Why is my name not on the list yet? 3 Likes |
Re: Meet The Only 10 Black Billionaires In The World by Thisis2raw(m): 7:55am On Jun 12, 2017 |
That list is filled of people that chose to do something great with their lives 9 Likes |
Re: Meet The Only 10 Black Billionaires In The World by WebSurfer(m): 7:56am On Jun 12, 2017 |
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