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- As of July 2025, determination are 23 Black billionaires globally, with a combined nett worthy approaching $100 billion
- Aliko Dangote remains the wealthiest, with $23.4 billion, portion Alex Karp has overtaken different well-known figures to go the second-richest
- The database highlights the divers industries, specified arsenic telecom, mining, and backstage equity, that enactment the wealthiness of these influential individuals
Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
As of July 2025, determination are 23 Black billionaires worldwide, according to information compiled utilising Forbes' real-time billionaires list.
Source: UGC
The full colonisation has not changed, but determination has been a noticeable alteration successful the landscape. While immoderate names person risen successful the rankings arsenic their fortunes person increased, others person fallen, which is indicative of the volatility of industries similar commodities, energy, IT, and backstage equity wherever galore of these riches are made and occasionally lost.
Between April 1 and July 7, the wide wealthiness of these 23 people accrued by $3.5 billion, bringing their full nett worthy adjacent to $100 billion.
Rekindled involvement successful integer infrastructure, energy, and artificial intelligence—sectoral successful which immoderate of these billionaires person important stakes—has contributed importantly to that gain.
With a nett worthy of $23.4 billion, Aliko Dangote is inactive the wealthiest Black idiosyncratic successful the world. Africa's largest system is inactive anchored by his concern empire successful Lagos.
The largest refinery successful Africa, owned by Dangote, has started partial operations and, erstwhile afloat operational, could process 650,000 barrels of lipid per day. This breakthrough is already changing Nigeria's vigor equilibrium and lowering its reliance connected imported petroleum.
In the United States, Alex Karp has emerged arsenic a salient figure. With a nett worthy of $12.1 billion, the Palantir co-founder and CEO is presently the richest Black billionaire successful America and the second-richest successful the world.
Karp has overtaken much well-known figures similar David Steward and Robert F. Smith arsenic a effect of Palantir's ongoing expansion, which is fueled by the increasing request for AI-powered information solutions successful the nationalist and backstage sectors.
With a nett worthy of $11.4 billion, Steward has transformed World Wide Technology into a large worldwide exertion institution that supplies IT infrastructure to some authorities organizations and Fortune 100 businesses. With $10.8 cardinal nether his belt, Smith, the creator of Vista Equity Partners, is inactive 1 of the world's astir almighty backstage equity CEOs.
Due to his holdings successful Globacom and Conoil, telecom and lipid tycoon Mike Adenuga has $6.2 cardinal successful assets backmost successful Nigeria. The creator of BUA Group, Abdul Samad Rabiu, is inactive a large unit successful the infrastructure, cement, and sweetener industries, portion Patrice Motsepe, the archetypal Black billionaire successful Africa, is inactive progressive successful mining, fintech, sports, and philanthropy.
Not lone does this database amusement however affluent these radical are, but it besides shows the industries that enactment it. These billionaires are dispersed crossed continents and enactment successful a assortment of industries, from infrastructure and artificial quality to earthy materials and retail.
However, galore of them person 3 things successful common: a beardown involvement successful economic development, a absorption connected leaving a legacy, and increasing power successful planetary markets.
Mohammed Al-Amoudi, a Saudi-based businessman who was calved successful Ethiopia and whose wealthiness is estimated by Bloomberg to beryllium $7.38 billion, is 1 salient fig that is not included successful the ranking since helium is not disposable connected Forbes' real-time tracker.
The implicit database of the 23 Black billionaires successful the satellite arsenic of July 2025 is provided beneath arsenic highlighted by Billionaire.Africa, arranged by nett worthy and based connected information that is readily disposable to the public.
- Aliko Dangote - $23.4 billion
- Alex Karp - $12.1 cardinal
- David Steward - $11.4 billion
- Robert F. Smith - $10.8 billion
- Mike Adenuga - $6.2 billion
- Abdul Samad Rabiu - $5.4 cardinal
- Michael Jordan - $3.5 billion
- Patrice Motsepe - $3.4 billion
- Oprah Winfrey - $3.1 billion
- Jay-Z - $2.5 billion
- Adebayo Ogunlesi - $2.5 billion
- Earvin “Magic” Johnson - $2.5 billion
- Femi Otedola - $1.5 billion
- Tyler Perry - $1.4 billion
- Tope Awotona - $1.4 cardinal
- Tiger Woods - $1.3 billion
- Mohammed Ibrahim - $1.3 billion
- Strive Masiyiwa - $1.2 billion
- LeBron James - $1.2 billion
- Michael Lee-Chin - $1.1 billion
- Sheila Johnson - Sheila Johnson
- Rihanna - $1 billion
- Herriot Tabuteau - $1 billion
Source: Getty Images
Owner of car institution joins Dangote
Legit.ng reported that Africa now boasts 23 dollar billionaires after welcoming a caller subordinate to its exclusive group.
The elite radical of dollar billionaires present includes Zak Calisto, laminitis and CEO of Karooooo Ltd, a institution that provides fleet absorption and conveyance tracking services.
Karooooo Ltd, formerly known arsenic Cartrack, has grown importantly since adding AI-powered fleet absorption and operator monitoring services to its portfolio.
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Source: Legit.ng
