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Meet The Only 10 Black Billionaires In The World - Business (3) - Nairaland

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Re: Meet The Only 10 Black Billionaires In The World by pstnicodemus(m): 8:37am On Jun 12, 2017
[quote author=nusto post=57420253]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.

i strongly disagree. these are the ones you know, not the only ones in Africa
Re: Meet The Only 10 Black Billionaires In The World by maestro299: 8:39am On Jun 12, 2017
thesicilian:
Africa is full of billionaires. These are just the ten legal ones...
Word!
Re: Meet The Only 10 Black Billionaires In The World by kabillion(m): 8:39am On Jun 12, 2017
lofty900:
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
in naira. We are talking about the crisp Benjamins
Re: Meet The Only 10 Black Billionaires In The World by kaymical(m): 8:42am On Jun 12, 2017
rheether:
What about Warri billionaire? Emoney and Davido Aka 30billion wink grin
lol....this is not funny
Re: Meet The Only 10 Black Billionaires In The World by pstnicodemus(m): 8:43am On Jun 12, 2017
thesicilian:
Africa is full of billionaires. These are just the ten legal ones...
legal or not, this aren't the only billionaires in Africa. some people choose not to be loud or in the news. maybe you can checkout this man, someone i know very well but still keeps it on the low. goggle prince Edwin Ochai. a black man from Nigeria
Re: Meet The Only 10 Black Billionaires In The World by iomoge2(f): 8:43am On Jun 12, 2017
lofty900:
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
billions of dollar not naira
Re: Meet The Only 10 Black Billionaires In The World by pstnicodemus(m): 8:45am On Jun 12, 2017
kabillion:
in naira. We are talking about the crisp Benjamins
Even in Benjamin's, There are more. most people don't like being in the news
Re: Meet The Only 10 Black Billionaires In The World by kaymical(m): 8:46am On Jun 12, 2017
ennyhola:
Why is my name not on the list yet?
lol....u get biro make I help you write am
Re: Meet The Only 10 Black Billionaires In The World by bakkunm: 8:58am On Jun 12, 2017
the list is not yet completed, where is my amiable Davido
Re: Meet The Only 10 Black Billionaires In The World by sukkot: 8:59am On Jun 12, 2017
lofty900:
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
just negodu ?
Re: Meet The Only 10 Black Billionaires In The World by armadeo(m): 8:59am On Jun 12, 2017
hedonistic:


This Davido taaty billyon no dey reduce? Him no dey spend inside?



Lol. .

You n.a. real mad man. Lol


Meanwhile peeps who do data cheat are asking why thier names a ten on the list.

Lol.

1 Like

Re: Meet The Only 10 Black Billionaires In The World by tmcleo2k2(m): 8:59am On Jun 12, 2017
Billionaire in Naira terms...
lofty900:
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
Re: Meet The Only 10 Black Billionaires In The World by 0b100100111: 9:04am On Jun 12, 2017
And some Jews be chest-beating all-over like there lots matter when people count!
Re: Meet The Only 10 Black Billionaires In The World by jonnytad(m): 9:04am On Jun 12, 2017
You can see why brown roof is not our problem, You can see Afonja leading Africa.... with two among the top 10, increase the list to 20 and you will see, over 8 afonja in the list. Remove dangota and Arewa is finished..... I don't know about ipob sha o.
Re: Meet The Only 10 Black Billionaires In The World by sukkot: 9:06am On Jun 12, 2017
Dumaknesset:



It is the richest of the billionaires, if it is 50 richest billionaire, elumelu might feature in the tail of the list though.

The list does not even include likes of Harry Akande, Ogunlesi, Kasey Lawal, yet the Afonjas are not screaming Marginalization.You guys think it is by shouting, you are all noise and no substance.
hmmmm bayosphere that own gatwick and city airport in england. gbogbo awon big boyss

is akande a very rich man ? no wonder he is always with jagaban. how much will you say jagaban and akande are worth ?

1 Like

Re: Meet The Only 10 Black Billionaires In The World by kesmalindo(m): 9:13am On Jun 12, 2017
So no Davido's dad here?
Re: Meet The Only 10 Black Billionaires In The World by Ajewealth123(m): 9:15am On Jun 12, 2017
lofty900:
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
they said Billion dollars not billion naira. There is a difference.
If na billionaire, psquare self go join
Re: Meet The Only 10 Black Billionaires In The World by sniperr007(m): 9:17am On Jun 12, 2017
I think adenuga shud top that list.
Re: Meet The Only 10 Black Billionaires In The World by SalamRushdie: 9:17am On Jun 12, 2017
Ask yourself how many Black Americans are on that list yet we keep fighting for green card like something special happens to black people in America..from the list you can see Nigeria has the highest input of black billionaires which should tell the wise one thing
Re: Meet The Only 10 Black Billionaires In The World by famosh: 9:19am On Jun 12, 2017
lofty900:
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
You see why most of you deluded, chest-beating gorillas are generally regarded as highly unintelligent & can't think critically?

1 Like

Re: Meet The Only 10 Black Billionaires In The World by Nobody: 9:23am On Jun 12, 2017
sukkot:
hmmmm bayosphere that own gatwick and city airport in england. gbogbo awon big boyss

is akande a very rich man ? no wonder he is always with jagaban. how much will you say jagaban and akande are worth ?

For starters GIP ogunlesi ' s company is arguably worth 35 billion dollars. To show it's stake in the company might be above 40 percent the company was started by himself and his wife. Some smart business people in order to avoid double taxation, might leave the chunk of their wealth or majority of it to their company, artificial persons in law. So I cannot say what he is worth precisely, but the dude keeps a very low profile. publicity about his wealth will mean more tax. He is a smart ijebu man.

For Harry and Jagaban, there net worths are shrouded in mystery. I suspect is the fear of double taxation also. But these dude are super duper rich. The worth of the trio put together is bigger than the whole GDP nay economy of the south east.

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Re: Meet The Only 10 Black Billionaires In The World by sukkot: 9:23am On Jun 12, 2017
pstnicodemus:

Even in Benjamin's, There are more. most people don't like being in the news
its not a question of being in the news. you dont have a billion dollars without the world knowing. where do you keep your billion ? in grave yards ? dont you transact business and pay taxes ? abi you dey one bunker dey print 1 billion ? abeg make una talk sense na lol. if anyone is not on that list, it is because they dont have 1 billion dollars in assets or stocks or liquid assets

1 Like

Re: Meet The Only 10 Black Billionaires In The World by Nobody: 9:23am On Jun 12, 2017
lofty900:
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


Billionaires in dollars not Naira
Re: Meet The Only 10 Black Billionaires In The World by sukkot: 9:25am On Jun 12, 2017
Dumaknesset:


For starters GIP ogunlesi ' s company is arguably worth 35 billion dollars. To show it's stake in the company might be above 40 percent the company was started by himself and his wife. Some smart business people in order to avoid double taxation might leave on there wealth or majority of it to the company an artificial person. So I cannot say what he is worth but the dude keeps a very low profile. publicity about his wealth will mean more tax. He is a smart ijebu man.

For Harry and Jagaban, there net worth are shrouded in mystery. I suspect is the fear of double taxation also. But these dude are super duper rich. The worth of the trio put together is bigger than the whole GDP nay economy of the south east.
grin grin which kain wickedness be this na lol
Re: Meet The Only 10 Black Billionaires In The World by sukkot: 9:27am On Jun 12, 2017
bakkunm:
the list is not yet completed, where is my amiable Davido
davido is not even the richest on his street. in fact he is the not the richest in his house . his papa is richer. that nigga davido is poor like church rat
Re: Meet The Only 10 Black Billionaires In The World by Zenithpeak(m): 9:27am On Jun 12, 2017
lofty900:
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



Look at you instead of fighting for a place in the list of people that are doing something reasonable with their lives, you are fighting for someone that never knew you exist.


You can still make a name for your self if you take advantage of the opportunity you have at your disposal.


Likewise everyone of us.

Good day everybody and have a prosperous week.

2 Likes

Re: Meet The Only 10 Black Billionaires In The World by oyienootieno: 9:31am On Jun 12, 2017
lofty900:
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

We are not talking about paper riches... we are talking about real money here. Money that is accountable

1 Like

Re: Meet The Only 10 Black Billionaires In The World by Zenithpeak(m): 9:34am On Jun 12, 2017
SalamRushdie:
Ask yourself how many Black Americans are on that list yet we keep fighting for green card like something special happens to black people in America..from the list you can see Nigeria has the highest input of black billionaires which should tell the wise one thing


Good enough, they made those fortunes in Nigeria and not from America or Europe.


Count me among the richest in the world in some years to come. NO SATAN CAN CHANGE IT.

1 Like

Re: Meet The Only 10 Black Billionaires In The World by nagoma(m): 9:34am On Jun 12, 2017
Where are the cocaine billionaires?
Re: Meet The Only 10 Black Billionaires In The World by wale377(m): 9:34am On Jun 12, 2017
Davido father nko??
Re: Meet The Only 10 Black Billionaires In The World by OluChessy: 9:36am On Jun 12, 2017
lofty900:
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


The list is for $ billionaires, not Naira. Tony's net worth is quoted as $700m. He's gradually approaching the mark though..

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