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Checkout List Of 13 Richest Black People On Earth As Nigeria’s Dangote Tops

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Checkout List Of 13 Richest Black People On Earth As Nigeria's Dangote Tops

American business magazine, Forbes, has released a list of thirteen (13) richest black people on earth with Nigeria’s Aliko Dangote topping the list.

While Dangote, a billionaire businessman, topped the list, Naija News reports Mike Adenuga, oil and telecoms mogul, took the number two position on Forbes’ list of world’s black billionaires for the year 2019.

According to Forbes, Dangote, who is the President of Dangote Group clinched the first position with a fortune estimated at $10.9 billion.

The magazine said Dangote’s fortune was made from sugar, cement and flour production. He is also on the verge to launch a private oil refinery in Nigeria which will have a refining capacity of 6500,000 barrels a day and is expected to reduce the country’s dependence on oil imports.

Similarly, Adenuga, the founder of Globacom, a Nigerian mobile telephone outfit, came second with an estimated fortune of $9.1 billion.

Adenuga also built his fortune in oil aside from being the founder and sole owner of Globacom, which has more than 40 million subscribers in Nigeria and neighbouring African countries.

The Globacom owner owns Conoil, one of Nigeria’s first indigenous oil exploration companies in the early 90s.

Abdulsamad Rabiu, the founder of BUA Group, a Nigerian conglomerate with interests in sugar refining, cement production, real estate, steel, port concessions, manufacturing, oil gas and shipping, is third on the list for Nigerians. He is worth an estimated $1.6 billion.

Also Nigeria’s first female billionaire and the founder of Famfa Oil, Folorunsho Alakija, also made the list with an estimated fortune of $1.1 billion.

Below are the names…

  1. Aliko Dangote – Nigerian ($10.9 billion)
  2. Mike Adenuga – Nigerian ($9.1 billion)
  3. Robert Smith – American ($5 billion)
  4. David Steward – American ($3 billion)
  5. Oprah Winfrey – American ($2.5 billion)
  6. Strive Masiyiwa – Zimbabwean ($2.4 billion)
  7. Isabel Dos Santos – Angolan ($2.3 billion)
  8. Patrice Motsepe – South African ($2.3 billion)
  9. Michael Jordan – American ($1.9 billion)
  10. Michael Lee-Chin – Canadian ($1.9 billion)
  11. Abdulsamad Rabiu – Nigerian ($1.6 billion)
  12. Folorunsho Alakija – Nigerian ($1.1 billion)
  13. Mohammed Ibrahim – Sudanese-British ($1.1 billion)

The list was extracted from Forbes’ list of the World’s Billionaires in 2019, which has 2,153 people.


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Philips is a Senior Content Creator at Naija News. He is a Journalist|| Writer|| Digital Media Strategist || #ProudProduct of The Nigerian Institute of Journalism (NIJ) ||Die-hard Chelsea fan. Proudly from Akwa Ibom State, South-south Nigeria.

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