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Top 10 Richest Black People In The World

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In a world where success is often measured by wealth, the richest Black people stand out as remarkable figures.

These individuals are pioneers in diverse fields, from business to entertainment, and their achievements not only shatter barriers but also pave the way for others to follow.

Take a look at the top 10 richest Black people in the world:

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David Steward $11.4 billion USA
David Lloyd Steward, born in 1951, is an American billionaire entrepreneur. He is the founder and chairman of World Wide Technology (WWT), which is among the largest African-American-owned companies in the United States. In 2024, Steward was ranked 344th on Forbes’ list of billionaires globally, with an estimated net worth of $11.4 billion.

Aliko Dangote ($11.3 billion)
Aliko Dangote, born on April 10, 1957, is one of the richest Black people in the world. A prominent Nigerian businessman and industrialist, he is notably the first person to build a private oil refinery in Nigeria. As of October 2024, Forbes ranks him as the 211th richest person in the world, with an estimated net worth of $11.2 billion. According to the Bloomberg Billionaires Index, his wealth is estimated at $27.7 billion.

Robert F. Smith ($10.8 billion)
Robert Frederick Smith, born on December 1, 1962, is an American billionaire businessman and philanthropist. He is the founder, chairman, and CEO of Vista Equity Partners, a private equity firm. Smith earned a chemical engineering degree from Cornell University and later an MBA from Columbia Business School. Before founding his company, he worked as an investment banker at Goldman Sachs. In 2019, during a commencement speech at Morehouse College, Smith made headlines when he pledged to cover the entire $34 million in student loan debt for the graduating class of 2019.

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Mike Adenuga ($6.6 billion)
Mike Adenuga, Nigeria’s second wealthiest person, amassed his fortune through telecommunications and oil ventures. His mobile network company, Globacom, is the second-largest in Nigeria, boasting over 60 million subscribers. In addition to telecommunications, Adenuga’s oil company, Conoil Producing, operates six oil blocks in the Niger Delta.

Globacom also established Glo-1, a 6,100-mile submarine internet cable linking the U.K. with Ghana and Portugal. Adenuga holds a 74% stake in publicly traded Conoil and owns just under 6% of Nigerian bank Sterling Financial Holding.

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Abdulsamad Rabiu ($ 4.7 billion)
One of the richest Black people in the world, Abdul Samad Isyaku Rabiu is a prominent Nigerian businessman and philanthropist. As of 2024, he ranks as Nigeria’s third richest man. His father, Khalifah Isyaku Rabiu, was one of Nigeria’s leading industrialists in the 1970s and 1980s. Abdul Samad is the founder and chairman of BUA Group, a Nigerian conglomerate focused on manufacturing, infrastructure, and agriculture, generating over $2.5 billion in revenue. He also serves as the chairman of Nigeria’s Bank of Industry (BOI).

In July 2020, Forbes valued his net worth at $3.2 billion, placing him 716th among the world’s billionaires. By January 2022, he was recognised as Nigeria’s second richest person. In April 2022, he ranked as the fifth-richest person in Africa with a fortune of $6.7 billion, and by January 2023, he climbed to fourth on the continent’s wealthiest list.

READ ALSO: Top 10 Richest Families In America

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Michael Jordan ($3.5 billion)
Widely considered the greatest basketball player of all time, Michael Jordan won six championships with the Chicago Bulls. Throughout his career, his total salary amounted to $90 million, but his earnings from partnerships with brands like Nike, Hanes, and Gatorade have reached an astounding $2.4 billion (before taxes). In 2020, Jordan became a special advisor and investor for the sports-betting company DraftKings and also co-owned a NASCAR team. In 2023, he sold his majority stake in the Charlotte Hornets in a deal that valued the NBA team at $3 billion.

Oprah Winfrey ($3 billion)
Oprah Winfrey turned her 25-year-long talk show into a powerful media and business empire. The profits from her show, combined with earnings from films like ‘The Color Purple’, ‘Beloved’, and ‘Selma’—which were co-produced by her company, Harpo Productions—have brought her wealth to an estimated $2.5 billion.

In 2011, she launched the OWN cable channel and later sold most of her shares in it to Warner Bros. Discovery in 2020, receiving company stock in return.

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In 2015, Winfrey purchased a 10% stake in WeightWatchers, and in 2024, she generously donated her shares to the Smithsonian’s National Museum of African American History and Culture.
Winfrey also owns an extensive real estate portfolio, including homes in California and more than a dozen properties, along with 2,100 acres of land in Hawaii.

Patrice Motsepe ($3 billion)
Patrice Motsepe, founder and chairman of African Rainbow Minerals, became a billionaire in 2008, making history as the first Black African to appear on the Forbes billionaire list. In 2016, he established African Rainbow Capital, a private equity firm focused on investments across Africa. Motsepe also holds a stake in Sanlam, a publicly traded financial services company, and is the owner and president of the Mamelodi Sundowns Football Club.

In March 2021, he was elected president of the Confederation of African Football (CAF), the governing body for soccer on the continent. His business journey began in 1994 when he became the first Black partner at Johannesburg law firm Bowman Gilfillan, later launching a mining services company. In 1997, Motsepe acquired underperforming gold mine shafts, which he successfully turned around.

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Jay-Z ($2.5 billion)
Since becoming hip-hop’s first billionaire in 2019, Jay-Z has significantly increased his wealth, largely due to his successful liquor ventures. In 2021, luxury conglomerate LVMH acquired a 50% stake in his champagne brand, Armand de Brignac, also known as Ace of Spades. In February 2023, he sold a majority of his ownership in his cognac brand, D’Usse, to Bacardi.

Beyond liquor, Jay-Z’s wealth includes assets like an art collection featuring works by Jean-Michel Basquiat, his extensive music catalog, and stakes in companies such as Block and Uber. In 2021, he was inducted into the Rock & Roll Hall of Fame, and in 2022, he won an Emmy for producing the Super Bowl Halftime Show.

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Strive Masiyiwa ($1.8 billion)
Strive Masiyiwa faced huge government resistance when he launched the mobile phone network Econet Wireless Zimbabwe in his home country in 1998. He holds a 38% stake in the publicly traded Econet Wireless Zimbabwe, which is part of his larger Econet Group, as well as about 33% of EcoCash, a mobile money transfer company.

Masiyiwa also has an investment in Liquid Intelligent Technologies, a private firm that offers fiber optic and cloud services to telecom companies throughout Africa. His portfolio includes investments in fintech and power distribution companies across the continent, along with stock options in Netflix, where he has been a board member since December 2020. He and his wife, Tsitsi, founded the Higherlife Foundation, which assists orphaned and underprivileged children in Zimbabwe, South Africa, Burundi, and Lesotho.

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FG Summons S. African Envoy Over Rising Xenophobic Attacks On Nigerians

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The Federal Government has summoned the Acting High Commissioner of South Africa in Abuja over renewed concerns about xenophobic attacks and protests targeting foreign nationals, including Nigerians, living in that country.

The Ministry of Foreign Affairs said the envoy is expected at its headquarters on Monday, May 4, 2026, for a high-level engagement aimed at addressing the growing tension and safeguarding bilateral relations between both countries.

In a statement issued on Sunday, the spokesperson for the Ministry, Kimiebi Ebienfa, said Nigeria would formally express its “profound concern” over recent developments in South Africa, particularly reports of harassment, violence, and destruction of property belonging to foreign nationals.

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According to the ministry, the meeting will focus on ongoing demonstrations by various groups in South Africa and documented cases of attacks on Nigerians and their businesses in parts of the country.

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The objective of this engagement is to formally convey the Nigerian Government’s profound concern regarding recent events that have the potential to impact the established cordial relations between Nigeria and South Africa,” the statement read.

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It added that discussions would also address ongoing demonstrations by various groups within South Africa and documented instances of mistreatment of Nigerian citizens and attacks on their businesses.

The ministry acknowledged growing anger among Nigerians over reports of xenophobic violence but urged restraint, stressing that diplomatic engagement remained the preferred channel for resolution.

It assured Nigerians that the Federal Government was actively engaging South African authorities to ensure the protection of its citizens abroad.

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The Ministry is aware of the growing discontent among Nigerians concerning the treatment of their nationals in South Africa. Nevertheless, it implores the Nigerian public to remain calm and reiterates the Federal Government’s commitment to protecting the rights and well-being of Nigerian citizens residing in South Africa,” the statement added.

The latest diplomatic move comes amid renewed reports of xenophobic tensions in parts of South Africa, where foreign-owned businesses have occasionally been targeted during protests linked to unemployment and economic hardship.

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South Africa has a history of xenophobic violence dating back to 2008, with subsequent flare-ups in 2015 and 2019, when mobs attacked migrants, looted shops, and displaced thousands of foreign nationals across several provinces.

In past incidents, Nigerians and other African nationals were among those affected, prompting strong diplomatic reactions from Abuja and calls for stronger protection of foreign communities.

While South African authorities have repeatedly condemned such attacks and deployed security forces to restore order during outbreaks of violence, concerns have persisted over recurring hostility in some communities.

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Mississippi Man ‘Kills Mother, Flushes Her Remains Down Toilet’

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A 29-year-old Mississippi man, Zachary Lavel Jackson Jr., has been charged with multiple offences, including first-degree murder, over the death of his mother, Lana Brown Bradley, after deputies responded to her Natchez home on April 4 following a missing person report from relatives.

The Adams County Sheriff’s Office said deputies were called to Bradley’s residence after her oldest son was unable to reach her the previous day.

Jackson was initially identified as a family member before investigators confirmed he was her son.

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Sheriff Travis Patten described the case as deeply disturbing.“This is by far the most heinous crime that I’ve ever witnessed in my entire life. We weren’t out there that day; this was one of those things when we walked up.

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This was one of those cases that you will never, ever forget in your life. This is the type of case that follows you home,” Patten told WJTV.

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According to the sheriff, deputies noticed signs of a recent cleanup when they arrived at the home.

“As soon as they walked in the house, they could just see where somebody had been cleaning up, and they could smell chemicals all throughout the house.

“Floor was extremely slippery. And the older son said that this is just unusual for the youngest son to be cleaning up the house like that,” Patten explained.

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Jackson, the youngest son, was found in a bathroom, where deputies allegedly made a discovery that became central to the investigation.

“I can say what was in the toilet, and it was her flesh. He chopped her up in pieces and dismembered her in a way that whoever came looking for her would have to do their due diligence to find her, and that’s just what we did,” the sheriff said.

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Authorities said Jackson allegedly placed parts of his mother’s body in a suitcase and attempted to dispose of other remains.

Jackson faces charges of first-degree murder, second-degree murder, mayhem and tampering with evidence.

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Investigators said Bradley, a retired teacher, had recently sought to evict her son from the home. Patten, citing family interviews, said Jackson was believed to be mentally unstable but also noted that his actions appeared deliberate.

“He had threatened her the day before because she was looking to have him evicted from the home.

“She was in the process of doing so and had just gone to court the day before to have him removed from the home,” Patten explained.

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Iran Says War With US May Resume As Trump Rejects Proposal

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Iran’s military has warned that the war with the United States and Israel could resume, declaring that it is fully prepared for any renewed confrontation as tensions between the sides continue to deepen.

In a statement reported by Iranian state-affiliated media, senior military officials said a return to hostilities is “likely”, citing what they described as Washington’s lack of commitment to previous agreements and negotiations.

The warning comes after US President Donald Trump expressed dissatisfaction with Iran’s latest peace proposal, saying the terms presented by Tehran included demands he “can’t agree to”.

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According to officials in Tehran, Iran believes it showed flexibility during earlier negotiations, including talks held in Islamabad and during the ceasefire period. However, authorities argue that the United States has instead taken a tougher stance, widening the gap between both sides.

Iranian officials insist that key issues such as sanctions relief and the status of the Strait of Hormuz must be resolved before any broader agreement, including discussions around its nuclear programme, can progress. They also reject what they describe as US demands amounting to “surrender”.

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The growing diplomatic deadlock has raised fears that another round of fighting may be imminent, with Iranian authorities indicating that preparations are already underway.

READ ALSO:Iran Allows 20 More Pakistani Ships To Pass Through Strait Of Hormuz

Meanwhile, the prolonged conflict continues to have far-reaching consequences within Iran. Internet monitoring group NetBlocks reports that the country has entered its 64th day of near-total internet disruption, effectively isolating it from global online networks.

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The shutdown, which began after renewed anti-government protests earlier in the year and intensified following the outbreak of the war, has significantly disrupted businesses and livelihoods across the country.

Beyond Iran, the conflict is also reshaping global dynamics. Rising oil prices linked to the war have placed pressure on international markets, while geopolitical tensions have strained alliances, including between the United States and European partners.

As both sides remain far apart on key issues, analysts warn that without a breakthrough in negotiations, the fragile pause in fighting could collapse, paving the way for renewed military escalation in the region.

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