The number of rich people across the globe has increased significantly with the United States of America topping the list with 442 billionaires. The Saudi Arabian business entrepreneur Mr. Al Amoudi is no longer the first billionaire black man as Aliko Dangote has snatched the top place with his myriad successful business endeavors, whose net worth is 16.1 billion dollars, about $2.9 billion more than what Al Amoudi owns. In this article, we’ll discuss the top 7 black billionaires.

Read More: Top 10 Richest Black People

#1. Alhaji Aliko Dangote Is The World’s Top Black Billionaire

Net Worth	$20.3 billion
Date of Birth	10th April, 1957
Birth Place	Kano, Nigeria
CEO and Chairman	Dangote group
CEO	Dangote Cement (Biggest company traded on Nigerian Stock Market)

Aliko Dangote was born into a billionaire Muslim family and a business thinker while he was young. He is one of the cement and food processing business tycoons dominating the sugar market in Nigeria. He has been a sensation during the 2012-2013 period as he cemented his place at the top when his net worth risen up by $4.9 billion during this time. A few months ago, he sold out his flour milling company to one of the South African companies and that deal earned him more than 190 million dollars. Aliko started his business endeavors way back in the 1990s. With his witty business mind and creative business plans, he butchered his way into the list of billionaires in the year 2000 and since then he never looked back. His main area of business is sugar, cement, and flour. Dangote Cement Plc is considered to be the largest cement-producing company in the world. He donated and contributed money to National Mosque and the presidential library.

List of Billionaires 2013 by Forbes

#2. Mohammed Al Amoudi

Net Worth	$13.5 billion
Born on	21st July, 1946
Birth Place	Desie, Ethiopia
Wife Name	Sofia Saleh Al Amoudi (Saudi Arabian Woman)
Richest Ranking	The Richest Person in Ethiopia Second richest person in Saudi Arabia Second richest Black person in the world
Citizenship	Ethopian, Saudi Arabian
Source of Income	Real Estate, Oil Refineries, Constructions.
Companies Own	Corral Petroleum and MIDROC

Sheikh Mohammed Hussein Ali Al Amoudi lives in Ethiopia and Riyadh and started his business venture in the year 1988 with oil and an interest in gold mining. He bought oil refineries in Morocco and Sweden which made him one of the black billionaires. But now as his business grew into a humongous exertion he also tried his fortune in the real estate business and the stats say he has been significantly successful in that area as well. It is quite amazing that in Ethiopia, he owns nearly 70% stake in gold mines, hotels, and oil. He is a philanthropist which has donated to universities, sports, healthcare, and research centers. Since the year 2006, he has been placed in the top 100 richest people in the world by Forbes.

Rewards: He was honored with a Doctorate degree in Philosophy by Addis Ababa University (founded in 1950), Ethiopia, and the Swedish Royal Order of Chivalry by King Carl XVI.

Who is the Richest Man Alive?

#3. Mike Adenuga Jr.

Net Worth: $4.7 billion

Nigerian Name: Michael Adeniyi Agbolade Ishola Adenuga

In the late 80s, Mike Adenuga first made his appearance in the business field when he handled a huge construction contract for the government of Nigeria. Due to his amazing work efficiency and intelligent attitude towards business, he was awarded a license of old production and since then this Nigerian-born business tycoon has never looked back in his lifetime. Oil, banking, and telecommunication are his majors. He owns the second largest Nigerian telecom company named Globacom. He purchased shares in Equitorial Trust Bank and Conoil.

#4. Patrice Motsepe

Net Worth: $2.9 Billion

Born on the 28th of January, 1962, in Soweto, Patrice Tlhopane Motsepe is the South African mining business tycoon who first burst into the news headlines when he announced that he will bestow 50% of his income to the Motsepe Family Foundation. He is the chairman of African Rainbow Minerals Gold and married to Dr. Precious Makgosi Moloi having 3 sons. His sphere of business is gold, silver, copper, platinum, and many more such metals. He owns a stake in Sanlam, which is a famous financial company situated just outside the beautiful city called Cape Town. His father was the first Prime Minister of the Democratic Republic of the Congo.

#5. Oprah Winfrey

Net Worth: $2.8 billion

Oprah Winfrey is the most successful television anchor and the first black female billionaire. She hosts one of the most watched talk shows, the “Oprah Winfrey Show” which has become a global phenomenon due to its remarkable response and positive impact on all the people around the globe. It is quite astonishing that she is the sole African-American female billionaire in this world. Besides being an awesome TV host, actress, and film producer, she is also a great author as well. Her book named “The Journal of Daily Renewal” has broken the all-time record of most pre-ordered book list. She has been an active social worker. Her foundation has been a sensation around the world due to its vast popularity and significant charitable work for poor kids across the globe. She has been honored with the Forest Whitaker award this year.

Imp: She is selling her apartment in Water Tower Place for $7.5 million in Chicago. Click here to know more about the world’s 10 richest women.

#6. Isabel Dos Santos

Net Worth: $2 billion

Isabel Dos Santos was born in Baku, Azerbaijan on 1st April, the year 1973. As recognized by Forbes, she is the richest woman in Africa. Her father was the former president of Angola. She is an investor by profession and her primary field of investments is encompassed telecommunications, retailer management, various real estate business, the media, and the energy industry in numerous places in Portugal or Angola. Besides investing in such areas she is now trying her hand at oil and diamond concerns. She owns the stakes in various well-known MNCs and she is also the founder of Banco Portugues de Negocios which is a famous national bank in Portugal. Her most remarkable feat is that she holds about $1 billion stakes in the largest mobile company in Angolan named, Unitel.

#7. Mo Ibrahim

Net Worth: $1.1 billion

The famous Sudanese-British investment and black billionaire banker Dr. Mohamed Ibrahim was born in Sudan, in 1946. He resides in London, England, and has been a phenomenal black entrepreneur in the field of mobile communications. He has worked with all the leading mobile telecom companies around the world before he started his own firm named Celtel. His company has become one of the most noticeable telecom firms after reaching 24 million subscribers across the world and later on, he sold it for $3.4 billion. Besides being a successful business entrepreneur, he is also an honorary board member of London Business School. In the year 2007, he created the Mo Ibrahim Foundation which offers the prize for leadership in the African continent. He owns about 30% stacks of a famous MNC named Marconi which had more than 800 employees around the world. In the year 2008, he was selected among the top 100 list by ‘The Times’.