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Meet America’s Black billionaires
They’re entertainers, media moguls, elite athletes, music artists, tech tycoons, and investors.
Stacker compiled a list of the 10 richest Black Americans using data from Forbes. Individuals were ranked by their overall wealth ranking, with the richest person taking the #1 spot.
America’s Black billionaires represent an array of industries and business ventures; however, over half of those on this list made the bulk of their wealth in the sports or entertainment industries. The people on this list are worth $27 billion combined, which is a lot of money—but that’s just one-eighth of the net worth of the world’s richest person, Elon Musk, at an estimated $218 billion.
The United States is home to the most billionaires of any country represented on Forbes’ list of 2,640 billionaires in 2023. And yet, of the 1,000 wealthiest people in the world, only two are Black Americans. This wealth gap results from long-standing practices in the United States that denied Black Americans the ability to accumulate wealth while their labor often contributed to the wealth of white Americans. This dates back to slavery and continued with discriminatory practices in the housing and labor markets that have never been fully redressed.
Despite these barriers, America’s Black billionaires have risen to the top tiers of financial success.
Kevin Winter // Getty Images
Stacker compiled a list of the 10 richest Black Americans—whose combined net worth is $27 billion—using data from Forbes.
