Skip to main content Skip to page footer

Only two blacks on this year's Forbes Worlds Richest People list

Created by BlackEntrepreneurProfiles.com

The richest black person in the world remains Jamaican born Michael Lee-Chin. The Burlington, Ontario, Canada resident holds the No.243 spot on the Forbes Mazagine list of the world's richest people. His networth is up $100 million to $2.5 billion from $2.4 billion last year. The mutual fund guru who recently refocused on his Caribbean roots, bought Jamaican National Commercial Bank three years ago and Trinidad & Tobago's Total Finance bank last year. He has also formed a $1 billion private equity group based in Toronto to invest in the island economies.

The only other black on the list is Oprah Winfrey whose networth has climbed to $1.3 billion from $1.1 billion last year. Oprah making her third appearance sits at the No.507 spot on the list. The Oprah Winfrey Show remains the no.1 talk show on tv and air in 112 countries. The queen of all media renewed her contract last year, a move that will keep The Oprah Winfrey Show on the air through the 2010-11 season.

Of the 691 known billionaires in the world with a networth of $2.2 trillion, 341 from the U.S., we still only know of 2 black billionaires. This shows just how little power we have in the world. The richest person on the list is still Bill Gates with a networth of $46.5 billion, down a bit this year. It is said that their are at lease as many unknown billionaires as there are known ones.

 

Let's Inspire Success, Ownership, and Financial Independence!

As the world faces unprecedented challenges, one thing remains clear: the power to shape our own destiny lies within our hands. At BlackEntrepreneurProfiles.com, we are committed to fostering a brighter future for individuals of African descent worldwide through entrepreneurship and financial empowerment.

Together, let's pave the path to success! Your contribution matters. Donate today and be a catalyst for change.

Learn More

Latest News & Articles

Recently Added Black Entrepreneurs & Executives

  • Created by BlackEntrepreneurProfiles.com

    Kevin Hart, widely recognized as a Hollywood A-lister and comedic powerhouse, has established himself as both a successful entrepreneur and a shrewd…

  • Created by BlackEntrepreneurProfiles.com

    Peter Akwaboah is a finance industry professional with nearly three decades of experience. He was recently appointed Chief Operating Officer by Fannie…

  • Created by BlackEntrepreneurProfiles.com

    Bolaji Olaitan Agbede is Acting CEO of Access Holdings Plc following the passing of founding Group Chief Executive Officer, Herbert Wigwe. She is a…

FTC: Black Entrepreneur & Executive Profiles is reader supported, we may earn income on affiliate links. You support us by using our links to buy products, it will cost you nothing extra.

We also a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Learn more...