Top 10 Richest Black Men In America 2023 (Black Billionaires)

Editorial Staff
Editorial Staff Blog
8 Min Read

The top 10 wealthiest black billionaires in the United States, including the richest black people in the country. Due to their services to our enjoyment and leisure, some of the most famous television personalities have earned billions. African Americans have become wealthier in recent years, especially in the entertainment sector. Entrepreneurial efforts that capitalize on entertainment success are becoming more common.

So who is the richest black man in America in 2023?

Kanye West will be the richest black man in america 2023. Kanye West is currently the richest Black individual in American history with a net worth of $6.6 billion. With the Yeezy brand’s estimated value exceeding $5 billion in 2023.

Top 10 Richest Black People In America 2023

1. Kanye West – Net Worth: $6.6B

Kanye West

With 22 Grammy wins, 140 million album/single sales, and countless world tours, Kanye West is objectively one of the best musicians of all time. With a booming sneaker and apparel business, he is also one of the most successful and wealthy celebrities on the planet. And with two new massive business valuations, we have a new accolade for his resume: At $6.6 billion, Kanye West is now the richest Black person in American history.

By exceeding Oprah Winfrey’s $3.5 billion net worth, David Steward’s $3.9 billion net worth, and Robert F. Smith’s $6.5 billion, he jumps from fourth to first place. With a net worth of $2.2 billion, Michael Jordan is currently the fifth-richest Black person in the US. Kanye West comes in third place among the world’s wealthiest celebrities in our ranking, only after Steven Spielberg ($7 billion) and George Lucas ($10 billion).

2. Robert F. Smith – Net worth: $5B

Robert F. Smith

By exceeding Oprah Winfrey’s $3.5 billion net worth, David Steward’s $3.9 billion net worth, and Robert F. Smith’s $6.5 billion, he jumps from fourth to first place. With a net worth of $2.2 billion, Michael Jordan is currently the fifth-richest Black person in the US. Kanye West comes in third place among the world’s wealthiest celebrities in our ranking, only after Steven Spielberg ($7 billion) and George Lucas ($10 billion).

3. David Steward – Net worth: $3.9B

David Steward

Up to this point, David Steward has slipped our notice. It has come to our knowledge that this African American businessman, with a staggering net worth of $3.9 billion, is the second-richest black man in the United States. With more than $30 billion in assets, Robert F. Smith, the founder, chairman, and CEO of Vista Equity Partners LLC, comes in close behind him. Smith’s net worth is $3.9 billion. But how did David Steward earn his $3.9 billion, and who is he?

4. Oprah Winfrey – Net worth: $2.7B

Oprah Winfrey

She is still the richest black woman in the world despite having once been the richest black person in America. In 2011, Oprah Winfrey formally ended her run as “The Oprah Winfrey Show” host, while she continues to serve as the organization’s head. According to Forbes, her net worth as of right now is $2.7 billion. Oprah overcame obstacles like poverty, abuse, marital issues, and racial and gender discrimination to become the most well-known TV personality ever. This is how she got rich.

5. Michael Jordan, $1.9 billion

Michael Jordan

The person who receives the largest salary in sports history. Michael boosted his own part in the Bobcats (now known as the Hornets) from 80% to 89.5%, it was disclosed in June 2014. Robert Johnson, the creator of BET, sold him his original interest for $175 million. The Hornets are worth at least $1.3 billion according to the most current estimations of their value. Consequently, the pre-tax value of MJ’s 90% ownership is almost $1.2 billion. Together with Michael’s extra riches, this brings his total net worth to just over $1.9 billion.

6. Jay-Z – Net worth: $1B

Jay-Z

According to a recent Forbes cover article, Shawn “Carter has triumphed over music moguls Sean P. Diddy Combs and Andre “Dr. Dre” Young to become the first hip-hop billionaire. Carter is now only the fifth African American in the nation to accomplish this historic feat. The article goes on to describe how they arrived at this decision and provides a breakdown of Carter’s significant assets.

7. P Diddy – Net worth: $850 Million

P Diddy

P Diddy, also known as Sean John Combs, is a New York City-born American rapper, singer, and actor. Before starting his own company, Bad Boy Entertainment, he first became well-known while serving as a talent director at Uptown Records. As of 2020, P Diddy is signed to Epic Records and is thought to have a net worth of about $850 million.

8. Sheila Johnson – Net worth: $820 million

Sheila Johnson

Sheila Johnson is an American businesswoman and philanthropist with a $820 million fortune. Sheila Crump, the team president, managing partner, and governor of the WNBA’s Washington Mystics, was born on January 25, 1949, in Pennsylvania. Johnson became the first African-American woman to hold a role in three professional sports organizations, joining the Washington Wizards (NBA) and the Washington Capitals (NHL), in the 2005 season. The breadth of Johnson’s professional achievements spans several industries, including sports, media, hospitality, the arts, education, and humanitarian causes.

9. Dr Dre – Net worth: $800 million

Dr Dre

American rapper, producer, and businessman Dr. Dre is from. In the 1980s, he began working as a producer for the rap group N.W.A. Later, he went it alone and formed his own business.

He has collaborated with some of the greatest hip-hop musicians ever, and he supposedly sold his company, Beats By Dr. Dre, to Apple a few years ago for billions of dollars.

As of 2020, Dr. Dre’s net worth is predicted to exceed $800 million, making him the third-richest rapper in the world.

10. Rihanna – Net worth: $620 million

Rihanna

Barbadian singer, songwriter, and actress Rihanna. She is among the best-selling musicians of all time, and many of her studio albums have achieved platinum status. She has received numerous honors throughout the years, including Grammy awards.

With a projected net worth of $600 million by 2020, Rihanna will be the richest female musician of all time, closely followed by Madonna, whose net worth is at 570 million dollars.

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