There are a record 3,028 billionaires on this year’s ranking, worth a record $16.1 trillion combined. Twenty-three of them are Black and they’re a wealthy and impressive bunch. Overall, these 23 have amassed $96.2 billion in wealth, mainly from the finance, energy and technology sectors.
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Read the full story on Forbes: https://www.forbes.com/sites/jabariyoung/2025/04/02/the-worlds-black-billionaires-2025/
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LifestyleTranscript
00:00The 23 black billionaires featured on Forbes' World's Billionaires list are worth a combined
00:06$96 billion.
00:08Aliko Dangote, the founder and CEO of Dangote Group, the largest conglomerate in West Africa,
00:14ranks as the 83rd richest person, and the richest black person, on the planet.
00:20He's worth an estimated $23.9 billion, up from $13.4 billion on last year's list after
00:27nearly doubling his fortune with the opening of Africa's largest oil and gas refinery.
00:33Dangote is the richest black billionaire, but he isn't the only one.
00:37Overall, there are a record 3,028 billionaires on this year's ranking, worth a record $16.1
00:44trillion combined.
00:45These 23 have amassed $96.2 billion in wealth, mainly from the finance, energy, and technology
00:52sectors.
00:53David Stewart, an American IT entrepreneur, is the second richest, worth an estimated
00:59$11.4 billion.
01:01Private equity billionaire Robert F. Smith is the third wealthiest black billionaire,
01:06with an estimated net worth of $10.8 billion.
01:10Palantir Technologies co-founder and CEO Alexander Karp has an estimated net worth of $8.4 billion,
01:18and Nigerian businessman Mike Adenuga, with an estimated net worth of $6.8 billion, round
01:24out the top five.
01:26Sheila Johnson, the co-founder of BET, is a new black billionaire this year.
01:31As is Areo Tabuteau, the founder of a biotech firm focused on brain disorders.
01:37NBA sixth man Junior Bridgman was also poised to debut.
01:42Bridgman amassed an estimated net worth of $1.4 billion before his untimely death in
01:47March.
01:49He would have joined four other black athletes on the list who became billionaires.
01:53Michael Jordan, Magic Johnson, LeBron James, and Tiger Woods.