5 Richest Black Women In The World; 1 Is Worth (R47.1 Billion)

African American women, particularly those living in the United States, must contend with both the gender and racial wealth gap.

For every $1 the average white man makes in America, the average black woman makes just 69 cents, according to US data.Census Bureau.Despite these barriers to wealth, these women have achieved tremendous wealth.

In honor of Black Women’s History Month, take a look at the 5 richest black women in the world.

5. Sheila Johnson:

Net worth: $750 million, according to Forbes

Sheila Johnson is the co-founding father of the cable TV channel Black Entertainment Network.
She based it in 1979 together along with her then-husband Robert.

Viacom offered BET for $2.nine billion in 2001, and a yr later, Johnson were given divorced and bought off her shares.

She used that cash to spend money on accommodations in Florida and Virginia — consisting of the Innisbrook hotel in Palm Harbor, Florida, which hosts an annual PGA Tour championship — in addition to planes, actual property and horses.

Johnson is likewise a movie manufacturer and produced 2013’s “The Butler.”

4. Hajia Bola Shagaya

Net worth: $959 million, according to Gulsea.com.

Business woman from Nigeria Hajia Bola Shagaya is the founder and CEO of Bolmus Group International, a conglomerate with interests in oil, real estate, banking, communications and photography.

The real estate development arm of his group builds and owns dozens of luxury residential properties in some of Nigeria’s most expensive neighborhoods, Forbes reported.

3. Folorunsho Alakija

Folorunsho Alakija Net Worth: $1 billion, according to Forbes

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Folorunsho Alakija is Vice President of Famfa Oil, a company Nigerian oil company, whose partners include Chevron and Petrobras, Forbes reported.

Prior to Famfa Oil, Alakija founded a fashion brand whose clients included the wife of former Nigerian President Ibrahim Babangida.

2. Rihanna

Net Worth: $1.5 billion, according to forbes Net Worth

Most of Rihanna’s net worth comes from his business ventures rather than his music, Forbes reported.

Her biggest source of income is her makeup line, Fenty Beauty, which she co-owns with luxury goods group LVMH.

She is also co-owner of the Savage X Fenty lingerie line.

1. Oprah Winfrey

Net worth: $2.6 billion, according to Forbes

Talk show host turned TV mogul Media Oprah Winfrey reinvested profits from her 25-year run on her $2 billion show of the same name, Forbes reported.

The Hermedia empire includes the cable broadcaster OWN and O Magazine.He also recently signed a multi-year deal with Apple TV+

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