Top 10 Black Billionaires In America 2020 + (Richest Black Man)

Nubiapage presents you with the top 10 richest black billionaires in America, featuring the wealthiest black people in the USA. Some of the greatest television personalities have amassed fortunes for their contributions to our entertainment and relaxation. In recent years, African Americans have been getting in wealth, particularly in the entertainment industry. The instances of entrepreneurial endeavors hitching off of entertainment success are on the rise.

So who is the richest black man in America 2020?

The richest black man in America 2020 is still the tech billionaire Robert F. Smith with a solid net worth of 5billion dollars

Top 10 Richest Black People In America 2020

 

1. Robert F. Smith – Net worth: $5B

richest black man in america 2020

Robert F. Smith is a former Goldman Sachs executive, and the founder and CEO of the software investment firm Vista Equity Partners. Prior to receiving an honorary doctorate and giving the 2019 commencement speech over the weekend, Smith had agreed to donate $1.5 million to Morehouse College, a historically black institution in Atlanta where the cost of tuition and fees averages about $48,000 a year. He is the richest black person in America 2020.

2. David Steward – Net worth: $3.9B

Richest black billionaire in USA

David Steward has flown under our radar until now. It has come to our attention that this African American entrepreneur is the second-richest black man in the U.S., with an incredible net worth of $3.9 billion. That puts him just behind Robert F. Smith, the Founder, Chairman, and CEO of Vista Equity Partners LLC which has more than $30 billion in assets. Smith has a $3.9 billion net worth. But, who is David Steward and how did he make his $3.9 billion?

 

3. Oprah Winfrey – Net worth: $2.7B

Richest black woman in the world

Formerly the richest black person in America, she is still the richest black woman in the worLd though. Oprah Winfrey officially retired as the television host of the “The Oprah Winfrey Show” in 2011, but she’s still the boss of the so-called Oprah Empire. Today, her net worth is $2.7 billion, according to Forbes. Oprah beat poverty, abuse, relationship problems, and race and gender issues to become the most famous TV host of all time. Here’s how she became rich.

4. Michael Jordan, $1.9 billion

Currently the highest paid athlete in sports history. In June 2014, it was revealed that Michael had increased his ownership stake in the Bobcats (today known as the Hornets) from 80% to 89.5%. He bought his original stake from BET founder Robert Johnson for $175 million. Based on the most recent valuation estimates, the Hornets are worth a minimum of $1.3 billion. Therefore, MJ’s 90% stake is worth around $1.2 billion before taxes. When you combine this with Michael’s additional wealth, his total net worth is a shade over $1.9 billion

5. Jay-Z – Net worth: $1B

Shawn “Carter has won the race to become the first billionaire in hip-hop, beating music moguls Sean P. Diddy Combs and Andre “Dr. Dre” Young to the threshold, according to a new cover story published in Forbes. This also makes Carter just the fifth African American in the country to reach this historic milestone. The publication then explains how they came to this conclusion, listing a breakdown of Carter’s major assets.

6. P Diddy – Net worth: $850 Million

Sean John Combs, also known as P Diddy, is an American singer, actor, and rapper from New York City. He initially gained recognition when he worked as a talent director at Uptown Records before he founded his label Bad Boy Entertainment. 

P Diddy’s net worth is estimated to be roughly $850 million as of 2020 and he is currently signed to Epic Records.

 

7. Sheila Johnson – Net worth: $820 million

Sheila Johnson is an American entrepreneur and philanthropist who has a net worth of $820 million. Born Sheila Crump on January 25, 1949, in Pennsylvania, she is the team president, managing partner, and governor of the WNBA’s Washington Mystics. Having earned the position in the 2005 season, Johnson is the first African-American woman to have a share in three professional sports teams, along with the Washington Wizards (NBA) and the Washington Capitals (NHL). Johnson’s overall career accomplishments range across various areas including sports, media, hospitality, the arts, education and humanitarian causes.

8. Dr Dre – Net worth: $800 million

Dr. Dre is an American rapper, producer, and entrepreneur. He started out as a producer for the rap group N.W.A in the 80’s, eventually going solo and moving into entrepreneurship.

He’s worked with some of the best hip-hop artists of all time, and sold his brand ‘Beats By Dr. Dre’ to Apple a couple of years ago for billions of dollars reportedly.

Dr. Dre’s net worth is estimated to be $800 million as of 2020, which makes him the 3rd richest rapper in the world.

 

9. Rihanna – Net worth: $620 million

Rihanna is a Barbadian singer, songwriter, and actress. She is one of the best selling music artists of all time, and has won multiple awards over the years, including Grammy awards, and many of her studio albums going platinum.

As of 2020, Rihanna’s net worth is estimated to be $600 million, making her the richest female artist ever with Madonna behind her closely at 570 million dollars in net worth.

10. Tyler Perry

Tyler Perry participates in a panel for “The Passion” at the Fox Winter TCA on Friday, Jan. 15, 2016, Pasadena, Calif. (Photo by Richard Shotwell/Invision/AP)

Tyler Perry is an extremely popular and successful actor, writer, producer, and director. He is widely recognized for his sitcoms and movies that portray themes of a typical African American household in a sarcastic manner.

One of his most famous and beloved characters ‘Madea’ has gained the most popularity in his films and has reappeared in numerous films about her.

As of 2020, Tyler Perry’s net worth is approximately $600 million