Woods owns a golf course design firm and a live production company, as well as a stake in a luxury mini-golf experience with multiple Florida locations and a hospital software startup. Tiger Woods, the world’s greatest golfer, is currently worth $1.1 billion, ranking him 2,396th on the Forbes list. When he sold a majority stake in Tidal, his high-fidelity music streaming platform, to Jack Dorsey’s Square in 2021, he made $297 million. Shawn “Jay-Z” Carter is an African-American businessman who sold a 50-percent stake in his Champagne brand, Armand de Brignac, to Moet Hennessy Louis Vuitton (LVMH), a French luxury goods holding controlled by the world’s richest man, Bernard Arnault. The majority of her wealth stems from her ownership of Fenty Beauty, a rapidly expanding cosmetics company that sells her makeup and skincare products on Sephora shelves in the United States, Canada, Mexico, France, Spain, Denmark, Sweden, Thailand, Malaysia, Australia, Singapore, and the Middle East, as well as online to more than 150 countries. Her net worth, which is now valued at $1.4 billion, places her as the 2,022nd richest person on Forbes’ list of the world’s richest people. Robyn “Rihanna” Fenty, the world’s youngest Black billionaire and renowned musician, is the second-richest Black woman in the United States. He also has a NASCAR team and a stake in the sports betting company DraftKings. He agreed to sell a minority stake in the NBA team for $1.5 billion in 2019. Jordan is the chairman and principal owner of the Charlotte Hornets, a North Carolina-based NBA team. Michael Jordan, the fourth-richest black billionaire in the United States and the 1,690th on Forbes’ richest list, has a net worth of $1.7 billion and is considered the greatest basketball player of all time, earning $90 million in salary during his career. She is currently ranked 1,153rd on Forbes’ richest list, with a net worth of $2.5 billion. Oprah Winfrey, dubbed “The Queen of Talk,” is the wealthiest black woman in America after turning her 25-year-long hit talk show into a media and business empire. While some Black American billionaires, such as Robert Smith and David Steward, are listed on the exclusive Forbes 400 richest list, others, like Oprah Winfrey, are lower down on the Forbes 1,000 richest list.Īccording to data tracked by Billionaires.Africa, these eight billionaires are presently ranked in this order. The addition of Sean Diddy Combs to the list in 2022 would have brought the number of Black American billionaires to 11, but this was not to be, as Kanye West, also known as “Ye,” lost his billionaire status after Adidas severed ties with him due to offensive and antisemitic comments that he made. This is a clear indication of the wealth gap that exists in the United States, as there are more than 700 billionaires in the United States, but only 10 of them are Black, and only two of those are women. RELATED: 6 Ways Kanye West Earns And Spends His $1.Despite the fact that it now takes $6 billion to make the Forbes 400 richest list, up from $6.4 billion, many of the richest African-American billionaires are having difficulty making the list.Īccording to data tracked by Billionaires.Africa, eight of the 10 richest Black American billionaires are unable to meet the $6 billion required to make the Forbes 400 list. Jordan's stake in the Hornets is worth more than $1 billion alone." "He owns about 90% of the franchise, which was most recently valued at a minimum of $1.15 billion. His major stake in the Charlotte Hornets factors in as being one of his greatest investments, and now assets. Today the Nike-owned Jordan brand accounts for about 50% of the basketball sneaker market and makes an average of $3 billion in revenue for Nike annually" That's not all. In fact, according to The Detroit News, he brings home "more than $100 million a year from his endorsement deal with Nike, alone. He was the mastermind of his own career, and diversified his earning potential by being actively involved in a series of big-brand endorsements. Michael Jordan is a living legend, and a true inspiration to kids and adults across the globe, that continue to strive towards his level of success. He has been credited as being the highest paid athlete of all time, but that wasn't singularly due to his involvement with the Chicago Bulls. Starting off as one of the greatest basketball players of all time, Jordan's name is now even more widely popularized by his name brand clothing and shoes which people of all generations are proudly wearing. Jordan Jordan's name is synonymous with success in all areas.
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