In the book Rich Dad Poor Dad they sum up the difference between being rich vs. wealthy perfectly “The rich have lots of money but the wealthy don’t worry about money.” As the GOAT Jay Z rapped in ‘No Hook’ “F*** Rich, let’s get wealthy”, he’s done just that, uping his personal net worth to $900 million in 2018. Increasing it from last years $810 million mark according to Forbes. Jay Z has made some smart moves since coming from Marcy Houses and has not only become an influencer in music but as a businessman as well. He’s also positioned himself to become synonymous with black wealth. Coming to the forefront of most of our minds when we think of black wealth.
Though there are few more black people who rank higher in wealth than HOV. This list looks to shine the spotlight on the top 3 wealthiest Black men and women in the world, and how they got there.
Top 3 wealthiest Black Women
Oprah Winfrey, $ 3 Billion
We are all familiar with Oprah’s rise, the former Queen of Television has proven you reap what you sew. With all the giving Oprah has done over the years she has made it back 10-fold, showing you don’t have to be a miser to become wealthy. She’s keeping herself busy with her philanthropic work, as well as co-starring in movies, working on her channel OWN, and owning 10% in Weight Watchers.
Isabel Dos Santos, $2.4 Billion
Isabel Dos Santos is Africa’s richest woman and the daughter of Angola’s former president Jose Eduardo dos Santos. She has interests across multiple industries such as media, telecommunications, retail, finance, and the energy industry in Portugal and Angola. Though the sources of her wealth have been the discussion of controversy (more information in this video: https://www.youtube.com/watch?v=LK0wMprGMWg).
Folorunsho Alakija, $1.65 Billion
Folorunsho has made her fortunes in Africa’s most populated country, Nigeria, which boasts a population of 186 Million People in an area slightly larger than Texas (pop. 25Million). She gained her wealth through her ventures in fashion and oil. Through her hard work, diligence, persistence and with her faith and passion she has become one of the most influential women in Africa and the world all without a University Degree.
Top 3 Wealthiest Black Men
Aliko Dangote, $12.5 Billion
Aliko is a Nigerian Businessman and is the wealthiest black person in the world. He has amassed his fortune from a cement company he founded called Dangote Cement, which he reportedly built with a loan from his uncle. As with the others on the list, his investments are diversified into various industries. Such as sugar, flour, salt, and oil.
Mohammed Al Amoudi, $7.80 Billion
Mohammed Al Amoudi originally from Ethiopia, moved to Saudi Arabia when he was 19. Over the years he has built a business empire from real-estate and construction. Now he has spread his empire across multiple industries such as mining, oil, coffee, rice, agriculture, and hotels.
Mike Adenuga, $5.3 billion
Mike is the second wealthiest black person in Africa, from driving cabs to pay for university in the US he has come a long way. Mike has amassed his fortune from his companies in telecommunication, real estate, banking, and oil. Fun fact: Mike Adenuga is the largest sole owner of property in Ghana and Nigeria according to Forbes.
Robert Smith Is the wealthiest Black person in America with a net worth of $4.4 Billion, earned from running a hedge fund.