Forbes recently released its 2015 Forbes Billionaire list, detailing the fortunes of the richest people on the planet. Bill Gates, once again, topped the list with a net worth of $79.2 billion. He has been the richest person in the world for 16 of the last 21 years.
There were 290 newcomers to the billionaire list, including basketball legend Michael Jordan. That probably helped to contribute to the bump in overall wealth. The Forbes article read, “For our 29th annual guide to the globe’s richest, we found a record 1,826 billionaires with an aggregate net worth of $7.05 trillion, up from $6.4 trillion a year ago.”
Another record they noted was the influx of young money. The list included 46 billionaires under the age of 40.
What about Black women, specifically? Well, we have compiled a list of the 10 richest Black women in the world. Not all of these ladies are billionaires, but all deserve praise for being multimillionaires, despite the double stigma of being women and people of color.
Isabel dos Santos, $3.3 billion
The 41-year-old daughter of Angolan President Jose Eduardo dos Santos does not like to discuss the nature by which she amassed her fortune. Although her first business venture was a restaurant at the age of 24, the billionaire was gifted with stakes in several Angolan companies from her well-connected father. These include holdings in oil and gas companies, a cable TV network, and a telecommunications company.
Oprah amassed her fortune by leveraging her media imprint to spin off into a television network, solid acting career, movie production company, thriving real estate acquisitions, a lucrative self-help tour, and countless other endeavors. She recently consolidated Harpo Studios with her OWN studio in Los Angeles. Oprah has often said she has come to the place she is because she always believed that she would be in her position. “You don’t become what you want, you become what you believe,” she has said.
Folorunsho Alakija, $1.9 billion
The 63-year-old Nigerian native began on her path to wealth with her successful 1980s clothing line Supreme Stitches. She invested her money from that venture into an oil-exploration license. This investment proved to be extremely profitable as it earned her a 60 percent stake in a profitable oil block.
Ngina Kenyatta, Exact Net Worth Unknown
Better known as Mama Ngina, Kenyatta is the widow of Jomo Kenyatta, who was the first president of Kenya after its independence in 1963. After her husband passed, the now 82 year old took over the family business, which has holdings in real estate, banking, hospitality, farming, and manufacturing. She is a major stakeholder in one of Kenya’s privately owned banks and a bunch of chain hotels.
Hajia Bola Shagaya, Exact Net Worth Unknown
Shagaya, 55, is at the head of a Nigerian conglomerate that has holdings in oil, banking, real estate, communications, and photography companies. Her exact net worth is actually unknown, but it’s been cited that one of her rental properties charges tenants $180,000 a year to be residents. She also owns property in the United States and Europe.
Beyoncé Knowles-Carter, $450 million
The wildly successful entertainer has been working towards her fortune since she was 9-years-old. Outside of her musical accomplishments, which earn her big bucks when she does sold out world tours, she has a multimillion dollar endorsement deal with Pepsi, a fragrance line through Tommy Hilfiger, and her clothing line, House of Dereon. She’s also currently developing an athletic wear line with Top Shop. However, the Queen Bey has said that her most impressive accomplishment is creating her management and production company Parkwood Entertainment. All of her videos and television specials are produced through this imprint and a few of the movies she’s starred in have been as well.
The ex-wife of Bob Johnson, Sheila co-founded the BET network in 1980. The company was sold to Viacom in 2001 for $3 billion. After their divorce, Sheila took her share and began to manage her own investment portfolio, which now includes investment in luxury resorts, a hockey team, an NBA, and a WNBA team.
Applebaum was a director of Liberty Investors, her billionaire father’s insurance and real estate company in South Africa. She sold her shares and invested in other ventures that brought her even mere money. Applebaum also purchased equity in a wine estate. She became deputy chairman of an investment company owned and operated by Black women called Women’s Investment Portfolio Holdings Limited and also does philanthropic work.
Bridgette Radebe, $100 million
Radebe, 55, is the founder of a South African mining firm that specializes in gold, platinum, uranium, and coal. She gained her experience through managing some of South Africa’s most successful mining companies.