Your parents are the first people you meet in your life. They become your guardians, support, greatest love, teachers, mentors, judges, executioners, best friends, and on the top of all, they are our idols. However, when your parents are billionaires people all of a sudden expect too much from you. That life can be very intimidating. That is why we decided to look at the lives of billionaires, but not those whose lives are often analyzed. We have chosen to check the lives of the world’s richest black billionaires.
According to CNBC, Michael Jordan is the first ever athlete to become a billionaire. He became a billionaire, not only because of basketball but because he knew how to invest his hard-earned money. According to Forbes, Michael Jordan’s brand “Air Jordan” is estimated to worth over 2 billion dollars. And that was back in 2013. However, that was not the investment that brought him to the billionaire status. That was his NBA team, Charlotte Hornets.
Michael’s net worth is estimated at $1.65 billion.
He married Juanita Vanoy in 1980 and they had two sons, Jeffrey Michael and Marcus James, and a daughter, Jasmine. Juanita and Michael got divorced in 2006. Later on, in 2011, Michael proposed to his longtime girlfriend Yvette Prieto and the two of them got married in 2013. On February 11, 2014, Prieto gave birth to identical twin daughters named Victoria and Ysabel. So, Michael has 5 children… Good for him!
However, can you imagine how pressured those kids feel because of their father? He is definitely one of the greatest basketball players that have ever walked on the face of Earth, and how can you top that one?! It is a difficult position… Well, one of his kids, Marcus decided to follow his father’s footsteps. He played basketball for the University of Central Florida from 2009 to 2012 where he averaged 12.3 points per game. And although his talent for basketball was no match for his father’s, he did open a boutique sneaker shop in Disney world called Trophy Room that was inspired by all the awards his dad has gotten.
Marcus’ sister Jasmine is Michael’s band representative and a manager for her dad’s team, the Charlotte Hornets.
Mohammed Ibrahim, a Sudanese-British billionaire businessman, the founder of Celtel has a net worth of more than 1.18 billion dollars. His company Celtel International was one of the first mobile phone companies in Africa and the Middle East. He sold his company for $3.4 billion and used that money to create a foundation.
Mohammed’s daughter, Hadeel Ibrahim took over her dad’s foundation when she was only 22 years old. After that, she was appointed to the UN Secretary-General’s High-Level Panel on Humanitarian Financing. She is also a member of the board for organizations such as the Clinton Foundation. And she is also the co-chair of the Africa Center in New York that collaborates between Africa and the United States.
Folorunso Alakija is a Nigerian businesswoman. She is one of the richest African women and also one of the richest black women in the world. Allegedly, in 2014 she took the position of the richest black woman in the world from Oprah. She began her career as the founder of a Nigerian fashion label and she later became the vice chair of a Nigerian oil company “Famfa Oil”. Her net worth is worth 1.7 billion dollars and she has four sons.
Folarin is one of her sons. He married an Iranian model and paid for that over 7 million dollars.
Mike is a Nigerian businessman. And allegedly he is the second richest person in Nigeria. And as the chairman of a telecommunications company “Globacom”, and the majority owner of a Lagos-based oil company known as Conoil he has a net worth of $5.5 billion. He is the father of eight children.
Mike’s eldest daughter Adetutu Oyindamola Emilia was a board member of Conoil and his eldest son Eniola Adenuga is the executive director of the same company.
Alico is a Nigerian billionaire and owner of the Dangote Group. He is the 67th richest person in the world and the richest man in Africa. His fortune is estimated at more than $14.5 billion. And believe it or not, this guy has 15 children from 4 marriages. His company, Dangote Cement is Africa’s largest cement producer. That is not the only business that Aliko has his hands on. He also owns stakes in salt, sugar, and flour manufacturing companies. And in spite of the number of his children, they have been kept out of the public eye.