Top 10 Richest Black Men In The World 2018

Black People have proved their talent and worth to the world, who are riding up the ladder of success in pretty much every field they enter from entertainment world to Business world. Black people have given us some of the most potential people in the world, be it Queen Beyonce or Oprah, men like Will Smith or Obama. But today we have decided to make a list of some of the most successful and richest Black Men in the world in 2018.

10. Femi Otedola – $550 Million (according to Wikipedia)

Richest black men in the world

Femi Otedola is an active philanthropist, Nigerian businessman, and entrepreneur. He is the current chairman of Forte Oil Plc, which basically deals with creating fuel products. He also found Zenon Petroleum and Gas Ltd. He has also created his fortune from his investments in real estate, finance, and shipping. He is amongst the richest Nigerian Black man in the world. Forbes has also included him in one of their Billionaire lists, as Femi was able to make quite a fortune in the early 2010’s.

9. Tony Elumelu – $700 Million (according to Wikipedia)

Richest black men in the world

Tony Elumelu is one of the richest Nigerian entrepreneur, economist, and philanthropist. He is the current chairman of United Bank of Africa, Transcorp and Heirs Holding. He also likes to give back to the community and has founded The Tony Elumelu Foundation. He has been awarded national honors like MFR (Member of the Order of the Federal Republic) and CON (Commander of the Order of the Niger). In 2012 he was listed amongst the 20 most influential people of Africa by Forbes Magazine.

8. Mo Ibrahim – $1.1 Billion (according to Wikipedia)

Richest black men in the world

Dr. Mohammed Ibrahim aka Mo is a British – Sudanese mobile manufacturer and entrepreneur. He is the founder of Celtel, which had over 24 million phone subscribers in over 14 African countries when it was sold. He sold Celtel for $3.4 Billion in 2005 and set up a Foundation with his own name ‘Mo Ibrahim’ in order to encourage the African government, to work on nations performance. In 2011 he was listed 2011 Forbes Billionaire List. Ibrahim is the 692nd richest person on the planet with a net worth of $1.1 Billion.

7. Theophilus Danjuma – $1.1 Billion

Richest black men in the world

Theophilus Yakubu Danjuma, General GCON FSS is a popular Nigerian Jukun soldier, multi-millionaire businessman, politician and philanthropist. He is a former Chief of Nigerian Army in 1975 till 1979. He has also served under Olusegun Obasanjo as the Minister of Defense from 1999 till 2003. Currently, Theophilus is the chairman of SAPETRO (South Atlantic Petroleum). His net worth is estimated to be more than $1.1 Billion, which is has creating drawing a hefty paycheck from South Atlantic Petroleum.

6. Patrice Motsepe – $1.56 Billion (according to Wikipedia)

Richest black men in the world

Patrice Tlhopane Motsepe is a South African billionaire mining magnate. He is the executive chairman and the founder of African Rainbow Minerals. His company is responsible for creating ferrous metals, base metals, gold, and platinum. He sits on the boards of several companies as non executive chairmen including Harmony Gold, which the 12 biggest gold mine brand on the planet. He also acts as Sanlam’s deputy chairman. He was named as the richest man in South Africa in 2012, Topping the rich list in Sunday Times with a fortune of $2.4 Billion.

5. Abdul Samad Rabiu – $2.5 Billion (according to Wikipedia)

Richest black men in the world

Abdul Samad Isyaku Rabiu CON is a popular Nigerian Billionaire and business. He is considered to be one of the fifth richest black men with an estimated net worth of $2.5 Billion. He is the chairman of his founding company BUA Group. He took his insight of business from his father Khalifah Isyaku Rabiu who was one of the first Nigerian industrialists in 1970s. In 2013, He was listed in the Billionaire list with an income of $1.2 Billion, and since he has been a part of Billionaire’s Club.

4. Robert L. Johnson – $3 Billion (according to Wikipedia)

Richest black men in the world

Robert Louis ‘Bob’ Johnson aka Robert is an American – African media magnate, philanthropist, investor, executive, and entrepreneur. He is the initial founder of BET, which he sold in 2001 to Viacom. He was also involved in the establishment of RLJ Companies. He has also earned millions from his investment in Charlotte Bobcats. He is the first black American to become a Billionaire. His companies are considered to be the most prominent and successful African American business of 20th and 21st century.

3. Mike Adenuga – $5.8 Billion (according to Wikipedia)

Richest black men in the world

Michael Adeniyi Agbolade Ishola Adenuga Jr. is the second richest human in Nigeria and a very prominent business tycoon. He is the founder of Globacom, which is the second largest telecom in Nigeria and the current chairman of Conoil. He also earns a fortune from his investment in Equatorial Trust Bank. His net worth was estimated to be around $5.8 Billion by Forbes as of 2017. He has a large family, with seven kids, which is a good thing as the Nigerian billionaire have quite a few business modules to look after.

2. Mohammed Hussein – $8.8 Billion (according to Wikipedia)

Richest black men in the world

Mohammed Hussein Ali Al-Amoudi is an Ethiopian and Suadi Arabian Billionaire businessman. Forbes apparently estimated his 2016 total net worth to be approximately around $10.9 Billion. The relative fall in his net worth is due to the downfall in the prices of gold and oil this year. He is considered to be the richest Ethiopian man, and second richest citizen of Saudi Arabia and also the second richest black man on the planet. He is a popular for his construction work, real estate investments. He mostly made his fortune from his investments in oil refineries in Morocco and Sweden. He is also the biggest investor of Sweden and Ethiopia.

1. Aliko Dangote – $12.5 Billion (according to Wikipedia)

Richest black men in the world

Aliko Dangote GCON is the owner of Dangote Group and the richest Nigerian and most successful black man on the planet. His company basically operates in commodities, across the African continent including Ethiopia, Ghana, South Africa, Togo, Zambia, Benin etc. His net worth for the current year was calculated to be over $12.5 Billion. Aliko Dangote is ranked 67th on Forbes World’s Richest people list and topped the list for richest people in Africa.

These are some of the richest black men on the planet who have worked really hard to achieve what they have today, they don’t sit back on time and nag about the exploitation, and rather they took a stand and transformed their lives into a luxurious one with their talent, business foresight, and hard work.


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