Thursday, September 22, 2011

Oprah is Only African American on Forbes Billionaire List

According to the 2011 Forbes Billionaire List, Nigeria's Aliko Dangote with a net worth of $13.8 billion is the richest Black person in the world.

The other Black billionaires on the 2011 list are South African gold magnate Patrice Motsepe with $3.3 billion, American Oprah Winfrey at $2.7 billion and Nigeria's Mike Adenuga with $2 billion.

From 2001 to 2003, Forbes listed BET (Black Entertainment Television) founder Bob Johnson, an American, as a billionaire, but dropped him after his fortune was split in his divorce.

Johnson returned to Forbes Billionaire list in 2007 with a net worth of $1.1 billion. In 2008 Johnson's wealth dropped further to approximately $1.0 billion and in 2009 he dropped off the list again after some questionalbe investments.

Nigerian petroleum executive Femi Otedola briefly emerged as a billionaire in 2009, but was not listed as one in 2010 or 2011.

With a net worth of $500 Million, Diddy (aka Sean "Puffy" Combs) was listed as "one to watch" to be on a future Fortune 400 Richest person list.


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