As we go into February 2025, the financial situation of the world’s wealthiest Black persons is a monument to their incredible accomplishment, determination, and influence in a variety of fields. These pioneers have amassed enormous wealth through their inventive business endeavors, visionary leadership, and strategic investments in several fields, including technology, finance, entertainment, and manufacturing. Their riches is not only a representation of their individual achievements, but it is also a sign of the increasing influence and visibility of Black entrepreneurs in the world.
List Of Top 10 Richest Black Man In The World 2025
1. Aliko Dangote
Aliko Dangote is a powerful person in international business and is often called Africa’s richest man. As of 2025, most of his money comes from investments in oil, gas, and cement production. However, he has also grown his company into other areas, like real estate, agriculture, and telecommunications. Dangote started his rise to fame in the 1970s, when he started a business selling goods like cement, sugar, and salt. He was born in Nigeria. Over the years, he moved on to bigger business projects and started the Dangote Group, a company with interests in many areas. A big part of his wealth comes from his main business, Dangote Cement, which makes more cement than any other company in Africa.
2. Mike Adenuga
In 2025, Mike Adenuga was one of the richest Black men in the world. He was known for his huge business empire that included oil, real estate, and technology. His wealth comes from smart investments and a lot of business experience. These qualities have helped him become a major figure in Nigeria’s economy and around the world. Adenuga became famous after starting his first business in the 1980s and making it successful. The business was oil exploration and selling. He was born in Nigeria. In later years, he started Conoil, a major player in Nigeria’s oil industry. This made him become very wealthy. Adenuga’s business has been exploring for, producing, and distributing crude oil, which has given him a steady stream of income.
3. Patrice Motsepe
Patrice Motsepe is a famous South African businessman who has made a huge difference in many fields. As of 2025, he was one of the richest Black men in the world. His wealth comes mostly from the large amounts of money he has invested in mining and other areas like banking, energy, and sports. Motsepe’s story of success shows how important it is to make smart investments and have leaders with a clear strategy. Motsepe’s path to wealth started in the mining business. He started African Rainbow Minerals (ARM) in the 1990s. At first, the company only mined gold, but it later added platinum, copper, and iron rock. His mining businesses grew very quickly, and ARM is now one of the biggest and most diverse mining companies in South Africa. He made a lot of money by figuring out how to make money in the complicated mining business and making smart investment choices.
4. Abdul Samad Rabiu
Businessman Abdul Samad Rabiu is from Nigeria and is one of the richest Black men in the world as of 2025. His huge interests in the cement business and his many investments in different areas like manufacturing, real estate, and banking make him very wealthy. Rabiu’s rise to power is an amazing example of how to be successful through hard work, smart growth, and regional impact. Rabiu created and leads the BUA Group, a big company in Nigeria that does business in cement, sugar, real estate, and farming. BUA Cement, the company’s cement business, is now one of the biggest cement makers in Nigeria and has had a big impact on the building and infrastructure industries in the country. Rabiu has taken advantage of the growing need for building materials in one of Africa’s biggest and fastest-growing countries through BUA Cement.
5. Robert Smith
As of 2025, Robert F. Smith is one of the wealthiest Black men in the world. His wealth comes from founding and running Vista Equity Partners, a private equity firm that invests in and acquires software companies. Smith’s financial success is due to his strategic vision, commercial acumen, and ability to capitalize on industry need for technology and software solutions. Smith became wealthy through education and work. He obtained an MBA from Columbia Business School after graduating from Cornell University in Chemical Engineering. Smith entered private equity after working in technology investment banking at Goldman Sachs. He formed Vista Equity Partners in 2000 to invest in software, data, and Internet companies. He led Vista to become one of the largest and most successful private equity firms, managing $75 billion in assets by 2025. Smith’s unique strategy of acquiring and investing in software firms and leveraging Vista’s operational knowledge to expand and optimize them has made the firm successful. Smith and his team have regularly achieved good investor returns by enhancing operational efficiency and taking a hands-on approach. Vista’s portfolio includes large healthcare, financial services, manufacturing, and government companies, confirming Smith’s tech investing stature.
6. Michael Jordan
Michael Jordan is considered by many to be the best basketball player in history. As of 2025, he is also one of the richest Black men in the world and one of the most prominent people in sports and worldwide culture. Jordan’s storied career in the NBA was the initial source of his fortune, but his financial success is mostly due to his commercial activities, brand endorsements, and ownership stakes. This has made him an iconic personality both on and off the court.
7. Strive Masiyiwa
Strive Masiyiwa is a businessman and philanthropist from Zimbabwe. He is considered one of the richest and most prominent Black persons in the world as of 2025. Masiyiwa’s wealth is mostly due to his position as the founder and chairman of Econet Wireless, a global telecommunications business that has transformed the industry in Africa and other parts of the world. He is a well-known figure in the business world, both in Africa and internationally, due to his business sense, ability to overcome challenges, and skill in navigating complicated markets.
8. David Steward
David Steward is an American businessman, philanthropist, and the creator of World Wide Technology (WWT), which is a prominent provider of technology solutions. He is considered one of the richest Black persons in the world as of 2025. Steward’s achievement in the technology industry and his entrepreneurial path have made him one of the most prominent people in the corporate world.
9. Alex Karp
Alex Karp is an entrepreneur from the United States. He is the co-founder and CEO of Palantir Technologies, a prominent data analytics company that provides software solutions and specializes in big data analysis for governments, organizations, and corporations. Karp has established himself as one of the most powerful and richest people in the technology industry by 2025. He is known for his unusual approach to leadership and for Palantir’s high-profile contracts with governments and corporations throughout the world.
10. Jay-Z
Jay-Z, whose real name is Shawn Corey Carter, was born on December 4, 1969, in Brooklyn, New York. He is considered one of the most successful and important people in the entertainment world. Jay-Z is a global cultural phenomenon and one of the richest Black individuals in the world as of 2025, thanks to his wealth and successes in music, fashion, business, and social action.