Full List Of The 20 Richest Black People In 2025 & What They Do — From Rising Tycoons to Billionaire Icons

Sudanese-British telecom trailblazer and founder of Celtel International, which revolutionized mobile services across Africa. After selling Celtel for billions, he established the Mo Ibrahim Foundation to promote African leadership and governance.

Barbados’ music queen turned billionaire mogul, Rihanna’s Fenty Beauty and Savage X Fenty shattered industry norms, embracing inclusivity and diversity in beauty and fashion since 2017. Her brands made her a global business icon.

One of the greatest athletes in history, Tiger redefined golf’s global appeal. His success extends far beyond the green with high-value endorsements, golf course design, and personal brand expansion into the hundreds of millions.

The entertainment mogul behind Tyler Perry Studios, one of the largest film production facilities in the U.S. With a unique brand of storytelling and full creative control, he turned his 2005 studio venture into a multi-billion-dollar empire.

Nigerian-American entrepreneur and founder of Calendly, the revolutionary scheduling app born in 2013. Now valued in the billions, the tech platform is a staple in corporate and entrepreneurial life worldwide.

A dominant figure in Nigeria’s oil and energy space, Otedola made his mark with Zenon Petroleum and Gas and expanded through Geregu Power. His investments and strategic positioning place him among West Africa’s wealthiest.

Basketball legend and brilliant businessman, Magic Johnson invested in franchises, restaurants, real estate, and entertainment after his NBA career. Today, he is a strategic part-owner of several U.S. sports teams and a leading Black investor.

Chairman and CEO of Global Infrastructure Partners, a firm managing billions in global assets. Ogunlesi, once an adviser to major Wall Street banks, became a private equity giant with global influence in aviation and energy.

Brooklyn’s finest turned billionaire mogul, Jay-Z’s empire stretches from Roc Nation, Tidal, and D’Ussé to art, real estate, and sports management. His diversified portfolio makes him hip hop’s ultimate businessman.

The queen of media and founder of Harpo Productions, Oprah transitioned from talk show icon to billion-dollar boss with a network, streaming deals, and investments that shaped the television industry for over three decades.

South Africa’s mining mogul, Motsepe launched African Rainbow Minerals in 1997. In addition to his billionaire status, he became the first Black African to sign Bill Gates’ Giving Pledge, reinforcing his legacy in wealth and philanthropy.

His Airness is still flying high. Jordan’s decades-long partnership with Nike turned Air Jordan into a billion-dollar brand. His stake in the Charlotte Hornets and high-level investments solidify his off-court dominance.

The Nigerian industrialist behind BUA Group, a major player in cement, sugar, and real estate. Since 1988, Rabiu has pushed industrial growth in Nigeria, becoming one of the wealthiest in Africa.

The founder of Globacom, Nigeria’s second-largest telecom operator, and oil firm Conoil. Adenuga’s business roots trace back to the 1990s when he disrupted the mobile and energy industries in Nigeria.

CEO and co-founder of Palantir Technologies, Karp is a tech genius who turned data intelligence into a global necessity. Since 2003, Palantir has powered analytics for governments and corporations worldwide.

Founder of Vista Equity Partners, a private equity firm that manages software investments. Smith made headlines for philanthropy, paying off student loans at Morehouse College in 2019, while continuing to build his billion-dollar empire.

Founder of World Wide Technology, Steward started in the 1990s and built one of the largest Black-owned IT providers in the U.S. With contracts across Fortune 500 companies, he ranks among the most powerful Black men in tech.

Africa’s ultimate business magnate, Dangote is the founder of Dangote Group, a behemoth in cement, sugar, flour, and now oil refining. He remains the richest Black man on Earth—an icon of wealth built from pure enterprise and African pride.