Top 20 Richest Black Men in the World 2025 List

Explore the top 20 richest Black men globally in 2025, their net worth, and the industries driving their success.

In 2025, the global landscape of wealth continues to evolve, with Black entrepreneurs and business magnates making significant strides across various industries. From Africa's cement empires to Silicon Valley's tech giants, these individuals have not only amassed substantial fortunes but have also become influential figures in their respective fields. This article delves into the top 20 richest Black men in the world, highlighting their sources of wealth, achievements, and the impact they've had on the global economy.

1. Aliko Dangote – $23.9 Billion (Nigeria)

Aliko Dangote remains the richest Black man globally, with a net worth of $23.9 billion. As the founder and chairman of Dangote Group, his empire spans cement, sugar, salt, and flour production. Dangote Cement is Africa's largest cement producer, operating in several countries and accounting for a significant share of the continent’s infrastructure development.

2. David Steward – $11.4 Billion (USA)

David Steward is the co-founder and chairman of World Wide Technology (WWT), a leading IT services provider for Fortune 500 companies. Starting the company in 1990 with limited resources, WWT now generates billions in revenue annually, providing tech solutions to clients like Cisco, AT&T, and the U.S. government.

3. Robert F. Smith – $10.8 Billion (USA)

Robert F. Smith is the founder and CEO of Vista Equity Partners, a private equity firm specializing in software companies. Vista manages over $90 billion in assets, making Smith one of the most potent Black investors in the world. He gained mainstream attention in 2019 when he paid off the student loan debt of Morehouse College’s graduating class.

4. Alexander Karp – $8.4 Billion (USA)

Alexander Karp is the co-founder and CEO of Palantir Technologies, a software company known for its data analytics solutions used by government agencies, intelligence units, and large corporations. Palantir's services are in high demand globally, solidifying Karp’s spot among the world’s wealthiest Black entrepreneurs.

5. Mike Adenuga – $6.8 Billion (Nigeria)

Mike Adenuga is Nigeria’s second-richest man and a business tycoon with deep roots in telecommunications and oil. His telecom company, Globacom, is one of Nigeria’s largest mobile network operators, competing with global brands and serving millions of users. In the oil sector, his company, Conoil, operates upstream and downstream assets, contributing to his diversified income streams.

6. Michael Jordan – $3.5 Billion (USA)

Michael Jordan, the legendary basketball player, has transitioned into a successful businessman. His wealth stems from his ownership stake in the Charlotte Hornets and lucrative endorsement deals with brands like Nike. Jordan's financial acumen has solidified his position among the wealthiest Black individuals globally.

7. Abdul Samad Rabiu – $5.1 Billion (Nigeria)

Abdul Samad Rabiu is the founder and chairman of BUA Group, a Nigerian conglomerate with interests in cement, sugar, and real estate. His company is a significant player in Nigeria's industrial sector, contributing to the nation's economic development.

8. Patrice Motsepe – $3.2 Billion (South Africa)

Patrice Motsepe is the founder and executive chairman of African Rainbow Minerals, a company with interests in gold, ferrous metals, base metals, and platinum. He is also the president of the Confederation of African Football, showcasing his influence both in business and sports.

9. Oprah Winfrey – $3 Billion (USA)

Oprah Winfrey is a media mogul and philanthropist whose wealth stems from her ownership of Harpo Productions and various media ventures. Her influence extends beyond entertainment, making her one of the most powerful Black women in the world.

10. Jay-Z – $2.5 Billion (USA)

Jay-Z, born Shawn Carter, is a rapper, entrepreneur, and investor. His wealth comes from his music catalog, Roc Nation, investments in companies like D'Ussé, and his stake in the streaming service Tidal.

11. Adebayo Ogunlesi – $2.4 Billion (Nigeria)

Adebayo Ogunlesi is the chairman and managing partner of Global Infrastructure Partners, a private equity firm that invests in infrastructure assets. His firm has made significant investments in airports, energy, and transportation sectors globally.

12. Magic Johnson – $1.5 Billion (USA)

Magic Johnson is a former NBA player turned businessman. He has investments in various sectors, including real estate, media, and sports teams, making him a prominent figure in the business world.

13. Femi Otedola – $1.5 Billion (Nigeria)

Femi Otedola is a Nigerian businessman and philanthropist. He is the founder of Zenon Petroleum and Gas, and his wealth is derived from his investments in the energy sector.

14. Tope Awotona – $1.4 Billion (Nigeria)

Tope Awotona is the founder and CEO of Calendly, a scheduling software company. His company has revolutionized the way professionals manage their time, contributing to his significant wealth.

15. Tyler Perry – $1.4 Billion (USA)

Tyler Perry is a playwright, actor, and filmmaker. He is the founder of Tyler Perry Studios and is known for creating the Madea franchise, which has been highly successful both commercially and critically.

16. Mo Ibrahim – $1.3 Billion (Sudan/UK)

Mo Ibrahim is a Sudanese-British businessman and philanthropist. He is the founder of Celtel, a mobile phone company that operates in several African countries. His wealth is also tied to his investments in various sectors across Africa.

17. LeBron James – $1.3 Billion (USA)

LeBron James is a professional basketball player and entrepreneur. His wealth comes from his NBA contracts, endorsement deals, and investments in various businesses, including his media company SpringHill Entertainment.

18. Strive Masiyiwa – $1.2 Billion (Zimbabwe)

Strive Masiyiwa is the founder and executive chairman of Econet Wireless, a telecommunications company that operates in several African countries. He is also involved in various philanthropic efforts across the continent.

19. Alex Karp – $12.1 Billion (USA)

Alex Karp is the co-founder and CEO of Palantir Technologies, a software company specializing in big data analytics. Under his leadership, Palantir has grown into a major player in the tech industry, contributing to his substantial wealth.

20. Mohammad Al-Amoudi – $10.6 Billion (Ethiopia/Saudi Arabia)

Mohammad Al-Amoudi is an Ethiopian-Saudi businessman with investments in various sectors, including construction, oil, and agriculture. His diversified portfolio has made him one of the wealthiest Black individuals globally.

Conclusion

The top 20 richest Black men in the world in 2025 exemplify the power of entrepreneurship, innovation, and strategic investments. Their diverse sources of wealth—from cement manufacturing and telecommunications to software development and media—highlight the multifaceted nature of modern wealth creation. As these individuals continue to expand their empires and influence, they not only shape the global economy but also inspire future generations to pursue their entrepreneurial dreams.