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Top 10 Black Billionaires In The World For 2021

BY Soko Directory Team · March 17, 2021 11:03 am

KEY POINTS

According to February's data 2021, there are only 15 black billionaires whose combined wealth sum up to  $48.9 billion. The number of black billionaires just raised by nine while the total number of billionaires worldwide rose to over 1,100 people.

By Martha Etale

According to February’s data 2021, there are only 15 black billionaires whose combined wealth sum up to  $48.9 billion. The number of black billionaires just raised by nine while the total number of billionaires worldwide rose to over 1,100 people.

The United States has the highest population of black billionaires in which black people make up to 12.2 percent of the U.S population Nigeria is ranked second with three blacktop billionaires South Africa, Canada, and Zimbabwe having one individual each.

There has been an increase in the number of billionaires since 2011 in which there were only 6 black billionaires and the number started rising in 2013 to date bringing it to a total of 15 billionaires.

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Here are the top ten black billionaires ranked with their Networth:

Name                                                 Net Worth

  1. Aliko Dangote                                    $11.5billion

  2. Mike Adenuga                                    $6.1Billion

  3. Robert F Smith                                   $5.2 Billion

  4. Abdulsamad Rabiu                            $4.8Billion

  5. David Steward                                    $3.7Billion 

  6. Patrice Motsepe                                  $3.1 Billion 

  7. Alexander Karp                                    $3.0Billion

  8. Oprah Winfrey                                         $2.6 Billion

  9. Michael Jordan                                      $1.6 Billion

  10. Michael Lee-Chin                                    $1.5 Billion

From the above list, only four billionaires are from Africa and mostly from Nigeria, these are, Aliko Dangote from Nigeria, Mike Adenuga from Nigeria, Abdulsamad Rabiu from Nigeria, and Patrice Motsepe from South Africa.

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The Kenyan Billionaires

Kenya has 90 people whose net worth is at least 3.3 billion shillings according to the latest report by Knight Frank. The number is less by 16 compared to what was reported at the same time in 2019. This has been attributed to the COVID-19 pandemic.

The truth is the number of billionaires in Kenya is more than the number quoted, especially if we bring politicians into question. The only problem is it is always hard to tell how rich they are for they fear disclosing for fear of being branded corrupt.

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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