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March 27, 2008

World's Wealthiest Blacks

Collectively Black Americans are the richest Blacks in the world. But, only two Black Americans can claim a nine-figure. Times are changing and Black Africans are making more money than African Americans and have made it onto Forbes' list of the world's wealthiest billionaires.

At the top of Forbes' list, Warren Buffett's $62 billion ranks him as the world's richest man. Of the world's 1125 wealthiest individuals, Mexico's Carlos Slim Helu ranks second with $60 billion. Despite being worth $58 billion, $2 billion more than last year, Microsoft's Bill Gates is now just the world's third-richest person.

Ethiopian-born Mohammed Al Amoudi is the richest Black person in the world with a total net worth of $9 billion. Al Amoudi is ranked 97th on the Forbes list and followed by billionaire Blacks such as Nigeria's Aliko Dangote ($3.3 billion), American Oprah Winfrey ($2.5 billion), London-based Sudanese Mohamed "Mo" Ibrahim ($2.5 billion) and South African Patrice Motsepe ($2.4 billion). BET founder Robert Johnson's divorce dropped him to just a $1 billion fortune.

Read more: Insight News


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