We always look up to Bill Gates and Jeff Bezos for their entrepreneurial success and accomplishments in life to make us feel inspired and empowered that we, too, can make as big an impact on the world as they have. But did you know that many people across the nation who have three commas in their net worths? Yep, that is based on the recent Forbes Billionaires list. Oh, how I wish I'm one of them. But I guess I still need to work my ass off every day for the rest of my life. But while most of us are just dreaming to be millionaires, there are black people who have surpassed it. In 2017, ten of the world's billionaires (Yes, they don't just own millions. It's billions!) are black and three of them are women.
To inspire you to work smarter and harder, here are the richest black billionaires in the world, in no particular order, based on the recent numbers Forbes listed.
Mike Adenuga ($5.9 Billion)
Okay, I'm trying not to be envious here, but hey, that's $5.9 freaking billion! Mike Adenuga is from Nigeria and became successful in the telecom and oil industry. He is now the second richest person in Africa! Mike grew up with his parents, his father was a school teacher and his mother was a businesswoman. To fund his studies, he worked as a taxi driver and got his degree from Northwestern Oklahoma State University. Later on, he got his MBA from Pace University. He started his Consolidated Oil company and his telecom company which is Globacom-- the second largest operator in Nigeria. Such an inspiration.
David Steward ($3.5 billion)
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From poverty to wealth, David L. Steward founded World Wide Technology in 1990 based out of St. Louis Missouri. WWT is a technology service provider with a focus on the enterprise commercial, public and telecom service provider sectors. WWT earns an annual revenue of more than $10 billion and employs over 5,000 people. It is one of the largest private companies in the U.S. Steward’s net worth is estimated at nearly $4 billion today.
Did you know that David Steward came from very humble beginnings? He experienced poverty and discrimination. He worked many jobs after he received his business degree from Central Missouri State University. In 1990, he founded World Wide Technology that provides planning and deployment of IT products.
Oprah Winfrey ($2.6 Billion)
The ever beautiful and famous Oprah Winfrey came from Mississippi. Her career began in 1986 with her own talk show that ran for many years. She also founded her own network, the Oprah Winfrey Network (OWN). She is a very powerful and influential woman. Someone we can really be inspired by
Robert Smith ($5 Billion)
Born and raised in Colorado, Robert Smith is the richest black person in the United States. Before working as a technological investment banker, Smith worked as a chemical engineer in different companies such as Kraft General Foods. In 2000, he founded Vista Equity Partners, the company that led him to advise on billion-dollar merges for companies such as Microsoft and Apple.
Abdulsamad Rabiu ($3.3 Billion)
Abdulsamad Rabiu also came from Nigeria. He moved to America to get his degree from Capital University. He founded BUA International Limited, a trading company, in 1988. The company now works mostly in cement production and sugar refining.
Isabel Dos Santos ($1.8 Billion)
Isabel studied electrical engineering at King's College in London. Her father, Jose Eduardo dos Santos, is a former president of Angola from 1979 to 2017. However, in 2018, dos Santos has been attempted to be prosecuted by the Angolan government that has led to her exile in Portugal. She was also charged with money laundering and embezzlement but dos Santos denies all these.
Patrice Motsepe ($2 Billion)
Patrice earned a BA from the University of Swaziland before he got his law degree from the University of Witwatersrand in Johannesburg. In 1997, he founded African Rainbow Minerals. Patrice also promised to give half of his fortune to charity, as part of Bill Gates's and Warren Buffet's Giving Pledge.
Michael Jordan ($1.9 Billion)
Of course, Michael Jordan made it to the list. We all know Michael Jordan gained his popularity from playing in the NBA with the Chicago Bulls. But his fortune did not only come from playing basketball, but he earned $1.7 billion from corporate partners.
Isn't it great to see many black entrepreneurs and business people successful? They are indeed an inspiration.
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