Connect with us

Headline

Top 5 Richest African Immigrants In US

Published

on

The US is a country built on ambition and enterprise. Despite this, a handful of African immigrants have not only found their footing, but they’ve thrived.

Navigating the fast-paced, often unforgiving terrain of American capitalism, these individuals turned bold dreams into billion-dollar realities. From humble beginnings in places like Pretoria, Lagos and Alexandria, they stepped into industries like tech, medicine, entertainment and finance, fields that demand not just talent, but grit, resilience and a deep belief in one’s vision. Their stories are more than just financial success; they’re powerful testaments to what’s possible when opportunity meets determination.

Advertisement

These five remarkable men are among the richest African immigrants in the US today and their journeys continue to inspire across continents.

1. Elon Musk – $393.1 billion (South Africa)

READ ALSO:Elon Musk Calls For US Exit From NATO

Advertisement

Elon Musk stands at the pinnacle of global wealth as the richest African immigrant in the United States and the world. Born in Pretoria, South Africa, Musk moved to the US via Canada and went on to revolutionise transportation, energy and space exploration.

As CEO of Tesla and SpaceX, his ventures have redefined electric vehicles and private spaceflight. With a net worth of $393.1 billion, Musk’s vision extends from Earth to Mars, placing him leagues ahead in both ambition and fortune.

2. Patrick Soon-Shiong – $5.6 billion (South Africa)

Advertisement

South African-born Dr. Patrick Soon-Shiong made his billions in medicine and biotechnology. A former surgeon, he developed the breakthrough cancer drug Abraxane and built two major pharmaceutical companies. Now based in Los Angeles, he runs NantWorks, a healthcare innovation hub, and owns The Los Angeles Times. With a net worth of $5.6 billion, Soon-Shiong is not only a medical pioneer but also a key player in media and technology in the US. He is now the 34th richest man in the world.

3. Rodney Sacks & Family – $3.6 billion (South Africa)

READ ALSO:Elon Musk Calls For US Exit From NATO

Advertisement

Rodney Sacks, originally a lawyer in South Africa, moved to the US and built Monster Beverage into a global giant in the energy drink market. That brought him up the list of world billionaires (54th). Co-founding the company in the 1990s, he helped turn Monster into a pop culture phenomenon through sponsorships in extreme sports, music, and gaming. Today, with a net worth of $3.6 billion, Sacks is among the top African-born business magnates shaping consumer tastes in America.

4. Haim Saban – $3.1 billion (Egypt)

Egyptian-born Haim Saban became a media powerhouse after moving to the US and creating the Power Rangers franchise. A veteran of the television and entertainment industry, Saban is also a savvy investor and philanthropist. He stands tall at 61st in the world billionaire ranking. His influence spans children’s programming, political advocacy and major media investments—including a past controlling interest in Univision. With $3.1 billion to his name, Saban remains one of the most successful African-born figures in Hollywood and beyond.

Advertisement

5. Adebayo “Bayo” Ogunlesi – $2.4 billion (Nigeria)

Nigerian-born Adebayo Ogunlesi is a towering figure in global finance. As the chairman and managing partner of Global Infrastructure Partners (GIP), he oversees investments in some of the world’s busiest airports and critical infrastructure. A Harvard-trained lawyer and banker, Ogunlesi has led high-stakes deals across continents. With a net worth of $2.4 billion, he stands as a symbol of African excellence in Wall Street’s upper echelons. He ranks 77th among the world’s billionaires.

Advertisement

Headline

Six Dead, Others Trapped As Gold Collapse

Published

on

Six people have been killed and up to 20 others are feared trapped after a gold mine collapsed in northern Sudan, authorities said on Saturday.

The accident occurred on Friday in the Um Aud area, west of the city of Berber in River Nile state, said Hassan Ibrahim Karar, executive director of the Berber locality.

Advertisement

“Efforts are ongoing to rescue those trapped beneath the rubble,” Karar said, without specifying the cause of the collapse of the artisanal mine.

Since fighting erupted in April 2023 between the army and the paramilitary Rapid Support Forces, both sides have largely financed their war efforts through the country’s gold industry.

READ ALSO:EPL: Arsenal Stumble As Brentford Snatch Late Draw At The Emirates

Advertisement

Official and NGO sources say nearly all of Sudan’s gold trade is funnelled through the United Arab Emirates, which has been widely accused of supplying arms to the RSF — a charge it denies.

Despite the conflict, the army-backed government announced record gold production of 64 tonnes for 2024.

Sudan, Africa’s third-largest country by area, remains one of the continent’s top gold producers.

Advertisement

However, most gold is extracted through artisanal and small-scale mining operations, which lack proper safety measures and often use hazardous chemicals, resulting in severe health risks for miners and nearby communities. Buy vitamins and supplements.

READ ALSO:Senegal’s New President Orders Economic Recovery Plan

Before the war pushed 25 million Sudanese into acute food insecurity, artisanal mining employed more than two million people, according to industry figures.

Advertisement

Today, mining experts say much of the gold produced by both warring factions is smuggled through Chad, South Sudan and Egypt before reaching the UAE — currently the world’s second-largest gold exporter.

The conflict has claimed tens of thousands of lives and displaced roughly 10 million people, creating the world’s largest displacement crisis. An additional four million Sudanese have fled across borders.

Advertisement
Continue Reading

Headline

Popular Nail Polish Ingredient Banned Over Fertility Fears

Published

on

The European Union has outlawed the use of TPO in all cosmetic products as of September 1, citing evidence that it may cause long-term fertility problems. The move forces nail salons in all 27 EU countries, as well as Norway and others that follow EU rules, to stop offering TPO-based gels and safely dispose of their stock. Manufacturers will now be required to reformulate their products without the chemical.

TPO has been a staple in the beauty industry, used as a photoinitiator to harden polish quickly under ultraviolet light and give manicures a glossy, long-lasting finish. But while gel polish has been praised for staying chip-free for weeks, experts say the ingredient behind its durability may carry hidden dangers.

Advertisement

READ ALSO:Lagos Enforces Ban, Seizes Single-use Plastics From Supermarkets

Industry insiders expect the UK and other countries to follow suit with a similar ban by late 2026. The US, however, has yet to propose any such restrictions, though American salons that import products from Europe could be affected.

This ingredient could not be defended. The industry was unable to prove there were no safer alternatives,” said Francesca Rapolla of the UK’s Cosmetic, Toiletry and Perfumery Association.

Advertisement

Still, not everyone agrees with the ban. Belgian retailer ASAP Nails and Beauty Supply warned of “major economic damage” to small businesses and argued there is “no human evidence of danger”. Meanwhile, US-based consultant Doug Schoon criticised the EU’s decision as “disproportionate”, saying it would waste safe products and undermine confidence in regulators.

READ ALSO:Firm Wants Attorney-General Investigate Court Ruling On Breach Of Contract

The controversy comes amid growing scrutiny of chemicals in everyday cosmetics. Experts warn that toxic compounds, including endocrine disruptors, may contribute to rising cases of infertility, diabetes, obesity, and certain cancers. One striking trend is the surge in endometriosis cases — a painful condition linked to infertility — as global cases have risen to nearly 190 million. Scientists believe endocrine-disrupting chemicals such as phthalates and now TPO could be a driving force.

Advertisement

“These chemicals can linger in the body for years, stored in fatty tissue. They affect the immune system, disrupt hormones, and in some women, may trigger reproductive problems and endometriosis,” said Professor Katie Burns of the University of Cincinnati.

For now, Europe has chosen precaution over profit. The debate over TPO could prove a turning point in the battle over hidden toxins in beauty products — and their long-term toll on women’s health.

Advertisement
Continue Reading

Headline

Trump Threatens Severe Consequences Against ‘Wrongful’ Detention Of U.S. Nationals Abroad

Published

on

Trump threatens severe consequences against ‘wrongful’ detention of U.S. nationals abroad
U.S. President Donald Trump has signed an executive order to protect U.S. nationals from what he termed “wrongful detention” abroad.

U.S. Department of State, in a statement issued on Friday, threatened severe consequences for those who “wrongfully” detain Americans abroad.

Advertisement

“Today, President Trump signed an Executive Order that takes unprecedented action to impose new consequences on those who wrongfully detain Americans abroad,” the statement read.

READ ALSO:Why We Shun Pedestrian Bridges Despite Risks, Despite Punitive Measures — Lagosians

Through this Executive Order, actors designated as State Sponsors of Wrongful Detention may face severe penalties,” the statement added.

Advertisement

The penalties include economic sanctions, visa restrictions, foreign assistance restrictions and travel restrictions for U.S. passport holders, according to the statement.

Like the State Sponsor of Terrorism determination, no nation should want to end up on this list.

READ ALSO:Trump Moves To Cut More Foreign Aid, Risking Shutdown

Advertisement

The bottom line: Anyone who uses an American as a bargaining chip will pay the price.”

This administration is not only putting America first but also putting Americans first, the statement said

Advertisement
Continue Reading

Trending