Richest Black Man in America (Top Ten List)

There are more than 2200 billionaires in the world according to the Forbes out of which 735 are American. However, there are only a handful of black billionaires in the nation, 10 to be exact, out of ten only two are women (Rihanna and Oprah Winfrey). The title of the richest black man in America is owned by the entrepreneur, Robert F. Smith, who has a net worth of around $8 billion. This article presents a list of 10 richest black man in America, that includes two multi-millionaires and eight billionaires.

10 Richest Black Man in America 2024

The table below presents the list of 10 richest black man in America along with their net worth and their source of income.

NameNet worth Source of income
Robert F. Smith$9.2 billionBusiness (Vista Equity Partners)
David Steward$7.6 billionBusiness (World Wide Technology)
Jay-Z$2.5 billionRapper
Michael Jordan$2 billionNBA Player
Alex Karp$1.9 billionBusiness (Palantir Technologies)
Tiger Woods$1.1 billionGolf
LeBron James$1 billionNBA Player
Tyler Perry$1 billionFilm Director
Magic Johnson$620 millionNBA Player
Junior Bridgeman$600 millionNBA Player

America’s 10 Richest Black Men

Let us know about a little bit in detail about the 10 richest black person in America.

1. Robert F. Smith

Robert Frederick Smith-  richest black person

Robert Frederick Smith is the richest black American man and the founder, chairman and CEO of Vista Equity Partners. He was born into a middle-class family and made his fortune completely off of his investing skills. Other than a billionaire, Smith is also a major philanthropist and has donated millions of dollars to charitable causes.

2. David Steward

David Steward

David Steward is the owner of one of the largest African-American-owned businesses in America, World Wide Technology. Not only America but David is one of the richest black person in the world. His net worth stands at exasperating $7.6 billion billion. David faced major poverty and discrimination growing up and owns his complete fortune to his business endeavor.

3. Jay-Z

Jay Z

Jay-Z (original name: Shawn Corey Carter) is a well-known rapper, entrepreneur and record producer. He is credited with the commercial success of artists such as Rihanna and Kanye West. In addition to a successful rapper career, Jay-Z owes his net worth of whopping $2.5 billion to his business ventures too. He is married to singer and songwriter Beyoncé and they have three children together.

4. Michael Jordan

Michael Jordan

Michael Jordan is counted among the greatest basketball players of all time and is popular among his fans as Air Jordan and His Airness. With a net worth of $2 billion, he is the richest basketball player and one of the richest black men in America and the world alike. His net worth is the result of his amazing basketball skills and successful business ventures.

5. Alex Karp

Alex Karp

Alex Karp is the co-founder and CEO of the software firm Palantir Technologies through which he has managed to become a billionaire businessman of America. His net worth is around $1.9 billion. Alex started his career as an investor when he invested in startups and stocks received in inheritance from his grandfather. His father is a Jewish while his mother is African-American.

6. Tiger Woods

Tiger Woods

Tiger Woods is a billionaire golfer from America who holds numerous records in his name. He is also considered as one of the greatest golfers of all time. Number one player for most consecutive weeks, greatest total number of weeks and youngest Grand Slam winner are some of the few golfing records in the name of Woods.

7. LeBron James

LeBron James

LeBron James is one of the most successful basketball player, often being compared to the great Michael Jordan himself. With a net worth of $1 billion, he is one of the richest black man and richest NBA player as well. James is also the first NBA player to have accumulated a billion dollar of net worth while being an active player of the association. He is popular among his fans as King James.

8. Tyler Perry

Tyler Perry is a comedian who gained recognition as the creator of Madea, a real comic character based on his mother and aunt. Time magazine had included Perry in its list of 100 most influential people in 2020. With a net worth of $1 billion, he is the richest black comedian in America.

9. Magic Johnson

Magic Johnson

Earvin Johnson Jr., popular as Magic Johnson, is a former basketball player and one of the richest black man in America. His net worth is estimated to be about $620 million. Apart from being one of the greatest NBA player, Johnson is also a successful entrepreneur, philanthropist, broadcaster and motivational speaker. He earned the name Magic when he was only 15 and played basketball for his school.

10. Junior Bridgeman

Junior Bridgeman

Ulysses Lee Bridgeman, or Junior Bridgeman, is a millionaire businessman and former basketball player who is among the wealthiest former athletes in the world. His net worth of $600 million is a result of his flourishing business career rather than basketball. A former player of Milwaukee Bucks, Bridgeman is currently the owner of Ebony and Jet magazines.

Also Check: Top Ten Black Actresses


Who is the richest black man in America?

Robert F. Smith

What is the current net worth of Robert F. Smith?

$9.2 billion

Is Kanye West also a billionaire?

Kanye West was a billionaire at the beginning of the year but with his contracts with Adidas getting canceled, his net worth has reduced to $400 million.

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