The list of the world’s richest people is largely dominated by men, however, the net worth of some Black Queens in 2023 is intriguing and even inspiring.
Even more intriguing is the rise of the richest black women, who not only face the gender wealth gap but also the racial wealth gap. Today, more than ever, black women are breaking through barriers and shattering glass ceilings to become some of the wealthiest individuals in the world.
Here are the top 5 wealthiest black women in the world this year according to Forbes.
1. Oprah Winfrey – $2.5 Billion
- Oprah Gail Winfrey, a self-made billionaire, holds the top spot with a net worth of $2.5 billion.
- From a background of rural poverty, Winfrey became the first Black American woman to own her own production company, boosting her wealth.
- Apart from her successful talk show, she is known for philanthropy, her schools, and connecting with her fans on a personal level.
- Rihanna, the world’s richest female artist, has a net worth of $1.4 billion.
- Fenty Beauty, her makeup line, and X Fenty, a co-owned lingerie line, contribute significantly to her wealth.
- Despite being primarily known for her music, Rihanna’s business ventures have propelled her to the third spot.
3. Ngina Kenyatta – $1 Billion
- Ngina Kenyatta, or Mama Ngina, has a net worth of $1 billion, deriving wealth from real estate, farming, banking, and manufacturing.
- Former First Lady of Kenya and widow of the first president, Jomo Kenyatta, she holds a significant stake in Kenyan corporations.
- Forbes recognized her as one of Africa’s female millionaires to watch in 2012.
4. Folorunsho Alakija – $1 Billion
- Folorunsho Alakija, a Nigerian billionaire, built her wealth from ventures in fashion, oil, real estate, and printing.
- Starting with her fashion house, Supreme Stitches, Alakija gained prominence and became one of Nigeria’s premier designers.
- Her net worth as of 2023 stands at $1 billion, making her the wealthiest woman in Nigeria.
5. Hajia Bola Shagaya – $950 Million
- Nigerian business tycoon Hajia Bola Shagaya, with a net worth of $950 million, started her career in banking before diversifying into import and export.
- Active in various industries, she holds roles in Unity Bank, serves as the Managing Director of Practoil, and supports the Fashion Designers Association of Nigeria.
- As of 2023, her achievements position her among the world’s wealthiest black women.