Out of all the billionaires in the world, there are only six of African decent and only one from the United States. Doesn’t that deserve a little more credit?

Stack of money


In celebration of Black History Month 2011, I want to shine light on the six black billionaires who have proven to the world that ANYONE can acquire “the American dream” if dedication and persistence is involved.

Mohammed Al Amoudi


Mohammed Al Amoudi

The richest Ethipoian and the richest black man in the world with a net worth of $9 billion! Amoudi built his fortune from several businesses such as oil, mining, agriculture, hotels, hospitals, finance operations and maintenance.

He definetly didn’t forget where his roots lie because he has given his home country nearly $1 billion in donations.

Aliko Dangote

Dangote has claimed the second spot on the list of black billionaires from Nigeria with a net worth of nearly $3.3 billion.

He began his business, The Dangote Group when he was 21 years old, establishing early his determination to come out on top. Now, his company has expanded massively and manufactures and distributes a number of foods being the largest sugar market in Nigeria.

Patrice Tlhopane Motsepe

Coming in at third is Patrice Tlhopane Motsepe, chairman of African Rainbow Minerals Limited which is a mining and mineral company ranging from Platinum to Copper in Johannesburg, South Africa.

According to Black Entrepreneur Profile, Motsepe is also the non-executive Chairman of Harmony and the Deputy Chairman of Sanlam. His various business responsibilities include being President of Business Unity South Africa (BUSA), which is the voice of organised business in South Africa.

Oprah Winfrey


Oprah Winfrey

Fourth on the list is our very own, Oprah Winfrey. But are you really surprised? Winfrey has gained the acceptance and hearts of millions throughout the world when she first started out as a radio personality and eventually ventured out creating The Oprah Winfrey Show.

Now, she has expanded into creating a network which is entitled Oxygen Media and her most recent, OWN, which stands for The Oprah Winfrey Network.

Her net worth is been estimated to be $2.3 billion!

Michael Lee-Chin

Lee-Chin is a Jamaican billionaire who acquired most of his fortune through financial services with a networth of $2.1 billion.

Truly an inspiration for all of the wannabe self-made billionaires out there, Lee-Chin borrowed money to purchase $500,000 of Mackenzie Financial stock which tuned into a massive gain that eventually allowed him to establish a small Ontario-based investment firm called AIC Limited.

Mohammed Ibrahim


Mohammed Ibrahim

Last but not least we have Mohammed Ibrahim who is the billionaire founder of Celtel International with a networth of $2.1 billion. According to Black Entrepreneur Profile, Dr. Mohamed Ibrahim is a global expert in mobile communications with a distinguished academic and business career.

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