Surprisingly, according to Forbes, the list of black billionaires is dominated by Africans, led by nigerian industrialist Aliko Dangote who has kept a firm grip on wealth for the past 12 years.
Economy and Development March 30, 2023
The only female billionaires in the past, the Angolan Isabel dos Santos and the Nigerian Folorunsho Alakija, appears to have disappeared from the list of top black billionaires as America's talk show host, Oprah Winfrey, remains one of the world's richest black women.
Aliko Dangote ($13.5 billion) owns the Dangote conglomerate, spanning several sectors of the African economy, including refinery, cement production, infrastructure, and diversified businesses. His refinery project will be commissioned in 2023 and produce about 65,000 barrels of refined petroleum to feed Nigeria and Africa.
Oprah Winfrey ($2.8 billion) is the only black woman on the world's list of richest black people. The talk show queen ran The Oprah Winfrey Show for 25 years. It became one of the top-rated television talk shows in the US.
Forbes reports that the continent is home to about 46 billionaires and that in the next decade, private wealth is expected to rise by 30%, with millionaires and billionaires leading the growth.
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