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Top 23 Black Billionaires of 2025: A Comprehensive Look at Wealth and Influence

The landscape of wealth among Black entrepreneurs and investors has significantly evolved in 2025. With breakthroughs in business, technology, entertainment, and industry, these individuals have established themselves as some of the world’s most influential billionaires. Here’s a detailed list of the top 23 Black billionaires this year, highlighting their net worths and the sectors they dominate.
1. Aliko Dangote — Nigeria’s Oil and Commodities Mogul
Net Worth: $23.9 Billion
Aliko Dangote retains his position at the top among Black billionaires worldwide. His vast business empire spans cement production, sugar, flour, and food imports, with Dangote Group leading Nigeria’s economy. His strategic investments continue to expand his reach into other African markets, making him a symbol of wealth and industrial growth on the continent.
2. David Steward — The Tech and Banking Pioneer
Net Worth: $11.4 Billion
Based in the United States, David Steward made his fortune through the technology and telecommunications sectors. As the founder of World Wide Technology, he built a global IT powerhouse, significantly impacting the digital transformation era across multiple industries.
3. Robert F. Smith — Investment and Philanthropy Leader
Net Worth: $10.8 Billion
A prominent investor and philanthropist, Robert F. Smith’s influence extends from private equity to educational initiatives. As a leader in the investment world, his strategic investments continually reshape the landscape of Black wealth.
4. Alexander Karp — Tech Innovator
Net Worth: $8.4 Billion
Head of the cybersecurity giant Palantir Technologies, Alexander Karp has transformed data security and analytical solutions. His groundbreaking work in tech has made him one of the richest Black entrepreneurs in the digital age.
5. Mike Adenuga — Nigeria’s Telecom and Oil Magnate
Net Worth: $6.8 Billion
A dominant figure in Nigeria’s telecom and oil industries, Mike Adenuga’s companies, GLO and Conoil, continue to grow, underpinning Nigeria’s economic resilience. His investments have cemented his status as a key African business leader.
6. Abdulsamad Rabiu — Industrialist and Investor
Net Worth: $5.1 Billion
Joining the ranks of top African billionaires, Rabiu has expanded his business empire, including cement, sugar refining, and real estate. He’s influential in Nigeria’s industrialization efforts and economic diversification.
7. Michael Jordan — The Basketball Legend Turns Tycoon
Net Worth: $3.5 Billion
Basketball icon Michael Jordan has successfully transitioned into a business empire with lucrative endorsements, his ownership of the Charlotte Hornets, and diversified investments. His wealth exemplifies sports management combined with entrepreneurial savvy.
8. Patrice Motsepe — South African Mining Magnate
Net Worth: $3.0 Billion
As Africa’s first Black billionaire mine owner, Patrice Motsepe’s investments in gold and platinum mining have been instrumental in shaping South Africa’s resource industry and promoting black economic empowerment.
9. Oprah Winfrey — Media and Philanthropy Icon
Net Worth: $3.0 Billion
Oprah’s influence in media, publishing, and philanthropy remains unparalleled. Her multimedia empire and dedicated philanthropic efforts make her a landmark figure in shaping public discourse and empowering communities.
10. Jay-Z — The Rapper Turned Business Mogul
Net Worth: $2.5 Billion
Jay-Z’s empire encompasses music, fashion, spirits, and streaming services. His entrepreneurial ventures have revolutionized entertainment and consumer brands, making him one of the wealthiest artists in history.
11. Adebayo Ogunlesi — Global Investment Expert
Net Worth: $2.2 Billion
A Nigerian-born investment banker, Ogunlesi has played a pivotal role in infrastructure and financing projects globally, including the London Gatwick Airport acquisition.
12. Magic Johnson — Sports and Business Titan
Net Worth: $1.5 Billion
Beyond his legendary basketball career, Magic Johnson built a business empire in real estate, foodservice, and entertainment, reinforcing his status as a successful entrepreneur.
13. Femi Otedola — Nigeria’s Energy and Finance Powerhouse
Net Worth: $1.5 Billion
Femi Otedola’s investments in energy and banking sectors streamline Nigeria’s economic growth, and he is renowned for his philanthropic contributions.
14. Tope Awotona — Tech Innovator
Net Worth: $1.4 Billion
Founder of Calendly, Awotona is transforming how individuals and businesses manage scheduling and productivity tools, tapping into the tech boom.
15. Tyler Perry — Entertainment Entrepreneur
Net Worth: $1.4 Billion
Tyler Perry’s success in film, television, and theater has made him a pioneering force in entertainment, with a focus on empowering marginalized voices.
16. Tiger Woods — Golf Legend and Business Investor
Net Worth: $1.4 Billion
Woods has expanded his wealth beyond golf through endorsements, course design, and strategic investments.
17. Rihanna — From Chart-Topping Artist to Business Mogul
Net Worth: $1.4 Billion
Rihanna’s beauty and fashion brands, Fenty Beauty and Savage X Fenty, have revolutionized the industry, contributing heavily to her billionaire status.
18. Mo Ibrahim — Telecommunications Innovator
Net Worth: $1.3 Billion
The Sudanese-British founder of Celtel transformed mobile telecom in Africa, fostering connectivity and economic development.
19. LeBron James — Athlete and Entrepreneur
Net Worth: $1.3 Billion
LeBron’s success on the court and his business ventures in media, sports ownership, and endorsements have solidified his financial empire.
20. Strive Masiyiwa — Zimbabwe’s Telecom Pioneer
Net Worth: $1.2 Billion
Founder of Econet Wireless, Masiyiwa is a pivotal figure in expanding telecommunications and internet access across Africa.
21. Michael Lee-Chin — Canadian Investment Titan
Net Worth: $1.1 Billion
His investments focus on financial services and real estate, bolstering his reputation as a Canadian business leader.
22. Herriot Tabuteau — Biotech and Business Innovator
Net Worth: $1.1 Billion
His work in biotechnology and healthcare technology has created innovative solutions, earning him a coveted spot among the wealthiest Black entrepreneurs.
23. Sheila Johnson — Media and Luxury Lifestyle Mogul
Net Worth: $1.0 Billion
Sheila Johnson’s investments in media, hospitality, and real estate exemplify her influence across various luxury sectors.
The wealth amassed by these individuals reflects a diverse range of industries—from tech, entertainment, and sports to agriculture and infrastructure. Their rise signifies ongoing progress and the vital contributions of Black entrepreneurs shaping the global economic landscape.
Source: Forbes 2025
Note: The net worth figures are estimates based on latest available data, market trends, and emerging investments.



