Top 5 Black Billionaires In The World 2012

Mohammed Al Amoudi

Net Worth:$12.3 billion – As of March 2012

Saudi Arabia’s Richest Person: #2

World’s Richest People: #61 overall

Source: oil, self-made , Age: 67 

Citizenship: Saudi Arabia, Residence: Jeddah, Saudi Arabia

Marital Status:Married , Children:8

Son of Saudi father and Ethiopian mother, Al Amoudi started investing in Sweden in the 1970s. His construction company Midroc scored contract to build Saudi Arabia’s nationwide underground oil storage complex in 1988; estimated $30 billion project solidified his fortune.

Aliko Dangote

Net Worth: $11.2 billion – As of March 2012

Nigeria’s Richest Person: #1

World’s Richest People: #76 overall

Source of wealth: Source: sugar, flour, cement , self-made

Age:54 , Citizenship: Nigeria , Residence:Lagos, Nigeria

Marital Status:Married, Children:3

Aliko Dangote is worth $11.2 billion after making money from interests in sugar, flour milling, salt processing, textiles, real estate, oil, gas and cement. He is the richest person in Nigeria, richest black in the worth and the 51st richest person in the world. His fortune grew 557% over in 2010 – growth that was sparked by listing Dangote Cement. This allowed his investments across Africa to be integrated with Benue Cement, and the company now constitutes a quarter of the Nigeria Stock Exchange’s total market cap. He recently purchased a Bombardier aircraft as a birthday present for himself – worth $45 million.

Mike Adenuga

Net Worth:$4.3 billion – As of March 2012

Nigeria’s Richest Person: #2

World’s Richest People: #248 overall

Source of wealth: Telcom, banking, oil, self-made

Age:57 ,Citizenship: Nigeria ,Residence:Lagos, Nigeria

Marital Status:Married

Mike Adenuga is the second-richest person in Nigeria with a fortune of $2 billion. He is the 248th richest person in the world and made his money in telecommunications with Globacom, a carrier that has recently launched its 4G network. The company has also invested in the submarine cable connecting Nigeria to the world. His beginnings were small, as he started selling lace and Coca-Cola, but then he finally won a contract to build military barracks in the late 1980s. Adenuga also has a stake in the Equitorial Trust Bank, and is the chair of Conoil.

Patrice Motsepe

Net Worth: $2.7billion – As of March 2012

South Africa’s Richest Person: #4

World’s Richest People: #442 overall

Source of wealth: Mining, self-made

Age:49 ,Citizenship: South Africa ,Residence: Johannesburg, South Africa

Marital Status:Married, Children:3

Patrice Motsepe is South Africa’s third-richest person, worth $2.7 billion. He made his money in mining and is the 442th richest person in the world. His money is the result of purchasing of low-producing gold mine shafts in 1994, which he made profitable. Since then, he has built African Rainbow Minerals, benefiting as a result of South Africa’s Black Economic Empowerment (BEE) laws. He also owns a stake in Sanlam.

Oprah Winfrey

Net worth: $2.7 billion As of March 2012

Source of Wealth: Television (Talk show host), Media proprietor, self-made

Education: BA/BS, Tennessee State University

The queen of daytime TV is now the queen of cable. Winfrey’s OWN station launched in the beginning of 2011. In addition to her cable channel, Winfrey oversees a magazine and Harpo productions. She also started a school  for girls in South Africa: Oprah Winfrey Leadership Academy for Girls (which she invested $40 million). She consistently earns more than $225 million a year.

SOURCE : FORBES