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The Black Billionaires 2017

This is a global list of Black African ancestry billionaires in U.S. dollars, compiled using data from Forbes.com, Bloomberg.com and CanadianBusiness.com. There are currently 13 known black billionaires. Seven in Africa, one in the UK, one in the Middle East and four in North America. Nigerian business magnate Alhaji Aliko Dangote with a net worth of $14.1 billion is the world's richest black person and 105th richest person in the world, according to Forbes magazine's 2017 ranking of the worlds richest people. The thirteen billionaires on our list has aggregate wealth of $48.9 billion, and a median age of 59 years. Nigeria's Alhaji Aliko Dangote accounts for 28% of that aggregate wealth. Black billionaires aggregate wealth represent less than one percent of the aggregate wealth of all billionaires.

The entire 2017 Forbes billionaires list which consisting of 2,043 billionaires, up 13% from 1,810 billionaires in 2016, had aggregate wealth of $7.67 trillion, up 18% from $6.8 trillion last year. Robert L. Johnson and Michael Lee-Chin were the first black people to be listed on Forbes magazines annual ranking of the World's Billionaires in 2001. Forbes mistakenly listed Mr. Johnson as the only black billionaire not recognizing Mr. Lee-Chin as being black. Oprah Winfrey became the worlds first black female billionaire in 2003 and remained the only female black billionaire until 2013, when she was joined by Isabel dos Santos, Africa's first female billionaire and Folorunsho Alakija, Nigeria's first female billionaire. Mr. Michael Lee-Chin did not make the Forbes Billionaire List since 2011, but he continues to make the Canadian Business 100 Richest Canadians List. His net worth was estimated at CAD $3.26 billion (USD $2.5 billion as of 2017-06-21). We will continue to list Mr. Lee-Chin on our list until he is no longer listed on any of our reference list.

Aliko Dangote $14.4 billion. Mike Adenuga, $9.9 billion. Oprah Winfrey $3.1 billion. Robert Smith, $2.5 billion. Femi Otedola, $1.85 billion. Folorunsho Alakija, $1.55 billion. Patrice Motsepe $1.15 billion. Michael Jordan, $1.14 billion.

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