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Robert Smith
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The Harveys will pay it forward in a massive way for students attending Historically Black Colleges and Universities (HBCUs)! Steve and Marjorie Harvey will work alongside billionaire Robert Smith to support HBCU students. Smith, in the past, has garnered recognition for offering to pay off student loans for Morehouse College graduates, and now as a trio, they will expand his Student Freedom Initiative to go from nine partner institutions to 29 partner institutions, per reports by Black Information Network. “My team and I are proud to support the work of Robert F. Smith and the Student Freedom Initiative to highlight the outstanding job done by HBCUs and other MSIs to elevate the social and economic mobility of our students to achieve their greatest potential,” said Smith in an official press release. “Together, we look forward to sharing and promoting the extraordinary talent of our students in a competitive global economy. Expanding the number of participating HBCUs in the Student...
Forbes recently released its 2020 World’s Billionaires List ranking billionaires according to their net worth. While some billionaires remain on top, others saw their ranking drop drastically from the previous year. The list — finalized on March 18 — features 2,095 billionaires. Here are the Black billionaires that made the list representing various countries around the world. Aliko Dangote JEWEL SAMAD/AFP via Getty Images The cement and sugar manufacturing guru from Nigeria landed at No. 162 with a net worth of $8.3 billion. He is not only Africa’s richest man but the world’s richest Black man. As the CEO and founder of Africa’s largest cement producer, Dangote Cement. At 62-years-old, Dangote owns 85 percent of the publicly-traded company. Mike Adenuga Twitter Adenuga is the second richest man in Africa. He ranks at No. 286 with a net worth of $5.6 billion. He secured his wealth through oil and telecom endeavors. At 66-years-old, Adenuga’s mobile communications company, Globacom,...