Tag Archives: billioanaires index

The richest blacks in the world

We are living at the intersection of many crossroads.  One such crossroad is  race and wealth.

One of the manifestations of which is Bloomberg’s Billionaires Index.   Which is exactly what it sounds like: an interactive exploration of the world’s richest folk.

The site is an interesting blend of design, functionality and content.  It is also interesting by what it omits – exploration by race or ethnic origin.  I tried to solve this in the long term by sending the Bloomberg team an email requesting this feature (no response yet).     But in the short term, I did some plain old research using Google, and then looked for the results (also published in Forbes) in the tool.

I’m not going to spoil the results.  I am going to let you enjoy using the site to satisfy your own curiosities.

But I can tell you that of the top 10 richest blacks in the world, I found one of them in the Index.   Lower down in the list than I had hoped.  Not someone I would have expected.  A man.  The second richest black is a woman.  She is not on the list since her wealth at almost 4 billion apparently does not make the cut.  Both their fortunes originate in and emanate from Africa.

It’s interesting to note how little we hear about Africa’s slow, steady and inexorable advancement as a world economic power.  It’s no wonder that many nations and businesses – Big oil, telecom, finance and the Chinese, have set their sights on Africa, and are investing heavily there.