The World's Richest Black Billionaires 2025 I Forbes

Key Concepts:

• Black Billionaires
• Net Worth
• Forbes' World's Billionaires List
• Conglomerate
• Oil and Gas Refinery
• Finance, Energy, and Technology Sectors
• Private Equity
• IT Entrepreneur
• Biotech
• Net Worth

Black Billionaires on Forbes' World's Billionaires List

Forbes' World's Billionaires list features 23 black billionaires with a combined net worth of $96 billion. This represents a significant accumulation of wealth within this demographic, primarily in the finance, energy, and technology sectors.

Aliko Dangote: Richest Black Person

Aliko Dangote, the founder and CEO of Dangote Group, a major West African conglomerate, holds the position of the richest black person globally and ranks 83rd overall. His net worth is estimated at $23.9 billion, a substantial increase from $13.4 billion the previous year. This surge in wealth is attributed to the opening of Africa's largest oil and gas refinery.

Top Five Wealthiest Black Billionaires

1. Aliko Dangote: $23.9 billion (Dangote Group, Conglomerate)
2. David Stewart: $11.4 billion (IT Entrepreneur)
3. Robert F. Smith: $10.8 billion (Private Equity)
4. Alexander Karp: $8.4 billion (Palantir Technologies Co-founder and CEO)
5. Mike Adenuga: $6.8 billion (Nigerian Businessman)

New Additions to the List

Sheila Johnson, co-founder of BET, is a new black billionaire on the list. Iso Tabuto, the founder of a biotech firm specializing in brain disorders, also joins the ranks.

Black Athlete Billionaires

Junior Bridgeman, a former NBA player, was set to debut as a billionaire with an estimated net worth of $1.4 billion before his death in March. He would have joined Michael Jordan, Magic Johnson, LeBron James, and Tiger Woods as black athletes who have achieved billionaire status.

Overall Billionaire Landscape

The Forbes list includes a record 3,028 billionaires with a combined wealth of $16.1 trillion. The 23 black billionaires represent a small but significant portion of this global wealth.

Conclusion

The presence of 23 black billionaires on Forbes' World's Billionaires list highlights the growing economic power within this demographic. Aliko Dangote's position as the richest black person, driven by his conglomerate and the new oil refinery, exemplifies this trend. The list also includes individuals from diverse sectors like IT, private equity, and biotech, showcasing the varied paths to wealth accumulation. The inclusion of athletes like Michael Jordan and LeBron James further diversifies the representation of black billionaires.