In an attempt to buttress his investment dealings, Patrice Motsepe established African Rainbow Capital –his newly-developed investment company through which he has invested in South Africa’s top financial organizations.Though Patrice Motsepe is mostly recognized for his reputable investment dealings, the South African mining magnate has spanned his interests beyond investment and this makes him the owner and president of Mamelodi Sundowns Football Club –one of the renowned clubs in South Africa’s professional football league.Over and above that, Patrice Motsepe has built himself a distinguished reputation as one of the philanthropists South Africa boasts of.
Through the bargain, MTC acquired Celtel for an estimated sum of $3.4 billion.After the sale of his telecom company (Celtel), Mohammed Ibrahim came up with another investment through Satya Capital –a private equity company headquartered in Britain. Based on reports, Dangote will partner with a Chinese company, SINOTRUK, in the establishment of the facility –a $100 million plant intended for the construction of trucks.Mike Adenuga is the second richest Nigerian. 10. Likewise in Nos SGPS (a TV and telecom authority in Portugal), Isabel Dos Santos appears within the group of controlling stakeholders.With her heavy investments within and beyond Angola, Isabel Dos Santos has remained the world’s richest black woman for years and at the moment, her net worth is estimated at $2.3 billion.Michael Jordan is a basketball player and the greatest in the sport of basketball. Meanwhile, Isabel Dos Santos’ ownership of Galp Energia accounts for a 6% stake and in Banco BPI, she owns about 19% stakes (Banco BPI is the fourth-largest bank in Angola). He has retained this significant position for years and this makes him one of the most influential business tycoons in Nigeria. This year's list was created using data from February 17, 2017, but Forbes also maintains a current snapshot of the world's billionaires, Continue reading to see the richest 10 black billionaires in the world, according to the Self-made billionaire, 71 year-old Mohammed Ibrahim, was born in Sudan and now lives in the United Kingdom, where One of the most successful athletes of all time, Michael Jordan, 54, made a total of $90 million as a basketball player, Folorunso Alakija, vice chair of Nigerian oil company Famfa Oil, got her start in business as the founder of an elite Nigerian fashion label, South-African Patrice Motsepe, 55, founder of the mining company African Rainbow Minerals, was Africa's first black billionaire. To grow his wealth and expand his business, Dangote realized he had to go into production and this he has successfully done through his Dangote Group. Of the 2,153 people who made it to the 2019 FORBES list of the World’s Billionaires, 13 of them are black, up from 11 a year ago. This Kano born businessman comes from a wealthy background, especially on his maternal side. With a net worth of almost $15 billion, Dangote continues to grow his fortune on the back of investment in flour, cement, and sugar. Currently, Mohammed Ibrahim is associated with the net worth of $1.1 billion and this gives him the tenth spot on our list of Richest Black Man in the World and Country of Origin.Regarded as the third richest black woman in the world, Folorunsho maintains her ground as the second richest African woman just behind Isabel Dos Santos of Portugal. He owns Midroc Ethiopia Technology Investment Group, a reputable company that has a substantial investment in the areas of construction, transportation, agro-processing, leather making, and also gold mining.
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