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Meet the World's Black Billionaires

There’s no limit to what Black people can do, and that includes being among the richest individuals in the world. Accumulating fortunes equaling up to billions of dollars, these Black entrepreneurs are reaching historical milestones well worth celebrating. Check out the list below to read up on the richest Black billionaires around the world. Jay-Z ($1 billion) Photo Credit: Taylor Hill/FilmMagic As hip hop’s first Black billionaire, rapper and businessman Jay-Z set the bar high for artists with a net worth of $1 billion. In addition to being a legendary emcee, Jay-Z’s fortune stems from his many business ventures. His business moves include partnerships with Armand de Brignac champagne, D’Ussé cognac, investments, and of course, music tours. Kanye West ($1.3 billion) Photo Credit: Randy Holmes/ABC Via Getty Images Kanye West made history as hip hop’s second Black billionaire after much back and forth with Forbes to make their list for 2020. Most notably, his wealth derives from...

May 4, 2020

Jay-Z Is Hip-Hop's First Billionaire

Jay-Z will go down in history as hip-hop’s first billionaire, according to Forbes. Throughout his career the rapper/entrepreneur hasn’t quiet about his ventures and his entrepreneurial spirit and pride has shined through in his music. After all this is the same person who gave us the iconic boss line from his feature on Kanye West’s Diamonds From Sierra Leone: I’m not a businessman, I’m business, man! Let me handle my business, damn That line came in 2005. Over a decade later, Jay-Z is living those by those words. Jay-Z is self made and has built his fortune through music, real estate, champagne, cognac deals, and by elevating his own personal brand. He’s also a mainstay in the tech industry, not just through his streaming platform Tidal, but through investments in companies like Uber and Ethos. In his song, Legacy, he gave us a glimpse of how tech is the next great bastion of wealth for Black people and how he intended to capitalize it. TIDAL, the champagne, D’USSÉ, I’d like to see...

Jun 3, 2019