Money

FORBES Black Billionaires 2013

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ForbesForbes released the list of Billionaires. Of the 1,426 people who made it to the 2013 FORBES list of the World’s Billionaires, only 7 are black. These are the 7 who made the cut:

#1 Aliko Dangote, $16.1 billion

55, Nigerian. Sugar, Cement, Flour

Owns  Dangote Cement, the continent’s largest cement producer.

#2 Mohammed Al-Amoudi, $13.5 billion

68, Saudi Arabian.  Oil Refineries, Mining

He now sits atop Midroc Group, a sprawling conglomerate that owns oil refineries in Morocco and Sweden and oil fields off West Africa.

#3 Mike Adenuga, $4.7 billion

59, Nigerian. Oil, Telecoms

His Conoil Producing Limited is one of Nigeria’s largest indigenous oil explorers. He also owns Globacom, Nigeria’s second largest mobile phone network.

#4 Patrice Motsepe, $2.9 billion

51, South African. Mining

South Africa’s first and only black billionaire holds the bulk of his fortune through African Rainbow Minerals (ARM), His publicly traded mining conglomerate, which has interests in platinum, nickel, chrome, iron, manganese, coal, copper and gold.

#5 Oprah Winfrey, $2.8 billion

59, American.  Television

Oprah still remains the only African-American billionaire in the world.

#6 Isabel Dos Santos, $2 billion

40, Angolan. Investments

The oldest daughter of Angola’s president, Jose Eduardo dos Santos. Her largest holding is a $1 billion stake in Angolan mobile phone company, Unitel.

#7 Mohammed Ibrahim, $1.1 billion

66, British. Investments

Sudanese-born Mo Ibrahim founded mobile phone company Celtel and sold it off in 2005 for $3.4 billion, pocketing $1.4 billion.