The world's richest Black people of 2023

Ima Elijah 13:28 - 16 August 2023

Join us as we celebrate Black achievements

Dangote is the richest Black person in the world according to The Black Wall Street Times

In a testament to the power of determination, innovation, and hard work, the global landscape of wealth continues to evolve, welcoming individuals who have shattered ceilings and paved the way for a new era of prosperity.

From visionary entrepreneurs who have harnessed the potential of diverse industries to legendary figures who have left an indelible mark on the world stage, this listicle unveils the remarkable sources of wealth that have propelled these individuals to achieve unparalleled success.

1. Aliko Dangote ($10.8 billion):

Alhaji Aliko Dangote

Source of wealth - Cement, Sugar, Flour, and Salt manufacturing; Founder and Chairman of Dangote Group, Africa's largest conglomerate.

2. Robert F. Smith ($8 billion):

Robert F. Smith.Amy Harris/Invision/AP

Source of wealth - Technology investment; Founder and CEO of Vista Equity Partners, specialising in software and technology investments.

3. David Steward ($7.6 billion):

David Steward [Bloomberg]

Source of wealth - Information technology; Co-founder and Chairman of World Wide Technology, a leading technology service provider.

4. Abdulsamad Rabiu ($5.6 billion):

Abdulsamad Rabiu is BUA founder (Forbes)

Source of wealth - Cement, Sugar, and Real estate; Founder and Chairman of BUA Group, a diversified conglomerate in Africa.

5. Mike Adenuga ($3.6 billion):

Mike Adenuga

Source of wealth - Telecoms, Oil, and Real estate; Founder of Globacom, Nigeria's second-largest telecom operator, and Conoil, a major oil exploration company.

6. Jay-Z ($2.5 billion):

In 2023, Jay-Z's net worth hit $2.5 billion.

Source of wealth - Music, Entertainment, Investments; Renowned rapper, entrepreneur, and co-owner of various companies, including Roc Nation and Tidal.