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Richest Black Women in The World

Who are the richest black women in the world?

The first female black billionaire in the world Oprah Winfrey still tops the list of richest women in the world as listed by Forbes. Angolan businesswomen Isabel do Santos and Nigeria Folorunsho Alakija all make up the richest women of black descent. Read on to find the full list.

Oprah Winfrey-$2.6 billion

Richest black Women In The World
LOS ANGELES, CALIFORNIA – AUGUST 06: Oprah Winfrey attends the premiere of OWN’s “David Makes Man” at NeueHouse Hollywood on August 06, 2019 in Los Angeles, California. (Photo by Rachel Luna/Getty Images)

Oprah Gail Winfrey is an American media executive, actress, talk show host, television producer, and philanthropist.

She is best known for her talk show, The Oprah Winfrey Show, broadcast from Chicago, which was the highest-rated television program of its kind in history and ran in national syndication for 25 years from 1986 to 2011.

 Dubbed the “Queen of All Media”, she was the richest African American of the 20th century and North America’s first black multi-billionaire, and she has been ranked the greatest black philanthropist in American history.

she was sometimes ranked as the most influential woman in the world.

Isabel Dos Santos -$2.3

Isabel dos Santos . Africa richest woman
Isabel Dos Santos
Image Source:Bloomberg

Isabel dos Santos is the oldest daughter of Angola’s longtime former president, Jose Eduardo dos Santos, who stepped down in fall 2017.

In 2013, according to Forbes, her net worth had exceeded US$2 billion making her Africa’s first female US dollar billionaire.

Forbes described how dos Santos acquired her wealth by taking stakes in companies doing business in Angola, suggesting that her wealth comes almost entirely from her family’s power and connections.

In November 2015, the BBC named dos Santos as one of the 100 most influential women in the world.

She is the richest woman in Africa

Richest Black Women in The World

Folorunsho Alakija-$ 1 Billion

Folorunso Alakija Net Worth 2020

Folorunsho Alakija is the vice-chair of Famfa Oil, a Nigerian oil exploration company with a stake in Agbami Oilfield, a prolific offshore asset.

She also has a majority stake in the DaySpring Property Development company. Alakija is ranked by Forbes as the richest woman in Nigeria with an estimated net worth of $1 billion. As of 2015, she is listed as the second most powerful woman in Africa after Ngozi Okonjo-Iweala and the 87th most powerful woman in the world by Forbes.

 She is involved in the fashion, oil, real estate and printing industries. She is the group managing director of The Rose of Sharon Group which consists of The Rose of Sharon Prints & Promotions Limited, Digital Reality Prints Limited

Richest Black Women in The World

Ngina Kenyatta-$ 1Billion

Ngina Kenyatta richest bklack women in the wold
mama Ngina Kenyatta

Ngina Kenyatta, also known as Mama Ngina, was married to Jomo Kenyatta from 1951 until his death several decades later(she is his widow). She was originally born in Ngenda in the Kenya Colony in 1933.

Mama Ngina was Jomo’s fourth wife, and she was given as a “gift” from the Kikuyu to Kenyatta. The Kikuyu was Kenyatta’s ethnic group. Mama Ngina got her nickname as “Mother of a Nation” from this marriage. She had four children with Jomo.

She expanded her vast investments and holdings into business. She now owns plantations, hotels, ranches, and other properties. She made headlines when she converted to Roman Catholicism and began attending mass every Sunday with her children. She still resides in Kenya.

Sheila Johnson – $750

richest black women in the world

Sheila Crump Johnson is an American businesswoman, co-founder of BET, CEO of Salamander Hotels and Resorts, and the first African-American woman to attain a net worth of at least one billion dollars.

Johnson is team president, managing partner, and governor of the WNBA’s Washington Mystics, a position she earned before the 2005 season.

On May 24, 2005, Washington Sports and Entertainment Chairman, Abe Pollin, sold the Mystics to Lincoln Holdings LLC, where Johnson served as president.

She is the first African-American woman to be an owner or partner in three professional sports franchises: the Washington Capitals (NHL), the Washington Wizards (NBA), and the Washington Mystics (WNBA).

Johnson is CEO of Salamander Hospitality, a company she founded in 2005.

Salamander’s portfolio includes Reunion Resort located in Reunion, Florida; The Innisbrook Resort and Golf Club, a 900-acre (3.6 km2), 72 hole PGA tour golf course in Palm Harbor, FL; and The Salamander Resort & Spa in the Blue Ridge Mountains in Middleburg, VA.

Bola Shagaya- $630 million

 is a Nigerian businesswoman and fashion enthusiast. She is one of the richest women in Africa.

She started her career with the audit department of the Central Bank of Nigeria before venturing into commercial activities in 1983.

Her business experience started with the importation and distribution of photographic materials and she introduced the Konica brand of photographic materials into the Nigerian market and West Africa.

Hajia Bola Shagaya is also the managing director of Practoil Limited, one of the largest importers and distributors of base oil in Nigeria, serving local lubricant blending plants. Her businesses also include huge investments in real estate, spanning across major cities in the country with over three hundred employees.

She is currently on the board of Unity Bank plc (formerly Intercity Bank) and has been for over eight years. She is also a member of the recently inaugurated Nepad Business Group – Nigeria.

Hajia Bola Shagaya is a patron of the Fashion Designers Association of Nigeria (FADAN), and a fashion and art enthusiast who supports and encourages the fashion and art industry. She also loves sports, especially polo.

On 22 July 2010, she was awarded by the President of the Federal Republic of Nigeria, Dr. Goodluck Ebele Jonathan (GCFR), the title of Member of the Order of the Niger (MON).

Rihanna- $600 million

Robyn Rihanna Fenty is a Barbadian singer, songwriter, actress, and businesswoman who is known for embracing various musical styles and reinventing her image throughout her career. 

Rihanna’s first fragrance, Reb’l Fleur, was released in January 2011.  The product became highly successful, according to Rolling Stone, Reb’l Fleur was a financial success and was expected to gross US$80 million at retail by the end of 2011.

Rihanna is a co-owner, with various other music artists, in the music streaming service Tidal. The service specializes in lossless audio and high definition music videos.

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Rihanna and Benoit Demouy launched a beauty and stylist agency named Fr8me. The business based in Los Angeles was set up in order to assist artists in booking commercials, editorial shoots, ad campaigns and red-carpet appearances. 

Richest Black Women in The World

Wendy Appelbaum-$260 million

Wendy Appelbaum, daughter of Liberty Group founder Donald Gordon, is the Owner and Chair of De Morgenzon Wine Estate in Stellenbosch. Appelbaum admittedly did have an advantage in being the daughter of Donald Gordon. Having such a powerful, influential father was “almost like growing up in a business school”.

She inherited his flair and mind for business. However, her father is not responsible for her successes. “He certainly taught me a lot about business,” says Appelbaum, “but being a girl and growing up in the 1970s there was not much expect me to do anything. It was my choice to do something. So, I have always worked and I have always been busy.” She grew up wanting to challenge expectations, and that she did. Today, she is arguable the richest woman in South Africa.

Janice Bryant Howroyd -$250

Janice Bryant Howroyd (born September 1, 1952) is an entrepreneur, educator, ambassador, businesswoman, author, and mentor. She is founder and chief executive officer of The ActOne Group, the largest privately held, minority-woman-owned personnel company founded in the U.S. Howroyd is most well known as being the first African American woman to build and own a billion-dollar company

Richest Black Women in The World

Serena Williams- $239

Serena Jameka Williams is an American professional tennis player and former world No. 1 in women’s singles tennis. She has won 23 Grand Slam singles titles, the most by any player in the Open Era, and the second-most of all-time behind Margaret Court (24).

The Women’s Tennis Association (WTA) ranked her world No. 1 in singles on eight separate occasions between 2002 and 2017. She reached the No. 1 ranking for the first time on July 8, 2002.

On her sixth occasion, she held the ranking for 186 consecutive weeks, tying the record set by Steffi Graf. In total, she has been No. 1 for 319 weeks, which ranks third in the Open Era among female players behind Graf and Martina Navratilova.

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