Top 10 Richest Black Women In The World 2020

Who are the top ten Richest Black Women in the World? We are about to let you know…

While the front page of Forbes is cluttered with eye-popping net worth’s of Africa’s most financially successful men around the world, from the end of the feminine folk, some are bravely etching their names on the marbles of Forbes.

Although the net worth overlap between these powerful women and their male counterparts is still very noticeable, we just can’t help but marvel at their global influence and financial strengths.

While the list of richest black people in the world consists majorly of black men, this list consists of the richest black women in the world.


They are women of power, they are resilient financial women, they call the shots in their niches, they are Africa’s richest females and indeed the richest coloured women in the world.

We present to you:

The Top 10 Richest Black Women in the World

#1 Isabel Dos Santos

Net Worth: $2.2Billion

Country: Angola  

Born in Baku, Azerbaijan, in 1973, Isabel Dos Santos is the first African female billionaire and the richest black woman in the world (2020) of African Descent.

She is the eldest daughter and the first child of former Angolan President Jose Eduardo dos Santos who was president from 1979 to 2017. Inside sources claim she was able to amass such prodigious wealth using the influence of her father.

This Russian-Angolan businesswoman is the CEO of the Miami Beach Club amongst other investments in Angola and Portugal.

#2 Oprah Winfrey

Net Worth: $2.6Billion

Country: United States

If the name Oprah Winfrey doesn’t ring a bell, then it surely will come with a loud bang. She’s a renowned TV personality famed for her Oprah Winfrey Talk show.

She’s also an actress, producer, and media mogul. Oprah was born in 1954, Mississippi, U.S. into an indigent home. She made her fortune via the media and is today the biggest black female philanthropist in the United States.

She has held the monopoly of the most influential black woman in the world and the richest equally before being deposed by Isabel Dos Santos.

#3 Folorunsho Alakija

Net Worth: $1 Billion

Country: Nigeria

From Africa’s most populous nation comes Folurunsho Alakija who was once the richest black woman in the world complimenting her Nigerian brother Aliko Dangote – the richest black man in the world until Isabel beat her to it.

Mrs Alakija was born in Lagos, Nigeria, in 1951 and is a mother of five. She is a foremost businesswoman in Africa with an interest in oil, real estate, printing, and her first love – fashion.

She is the CEO of Rose of Sharon Group and the Chairman of Famfa Oil Limited. She is the second most powerful woman in Africa trailing behind fellow Nigerian Ngozi Okonjo Iweala.


#4 Sheila Crump Johnson

Net Worth: $760 million

Country: United States

Sheila was born in Pennsylvania, the U.S in 1949. She is an African-American and the first of her kind to garner a net worth of $1 billion.

She is the co-founder of BET (Black Entertainment Television) and CEO of Salamander Hotels and Resort. Her wealth sources beyond being an American businesswoman include having stakes in the Washington Capitals (NHL), the Washington Wizards (NBA) and the Washington Mystics (WNBA).

She is also the first African-American to have stakes in these sports franchises. This mother of two is also a film producer.

#5 Hajia Bola Shagaya

Net Worth: $630 million

Country: Nigeria

Born in 1959, Kwara State, Nigeria, Bola Shagaya is an astute Nigerian businesswoman and one of the richest women to emerge out of the black continent.

She got her start in banking while auditing with the Central Bank of Nigeria, before delving into importation and exportation of photography materials. She is the managing director of Practoil limited, member of the board of Unity Bank, and the patron of the Fashion Designers Association of Nigeria.

Suffice to add that she’s a fashion enthusiast, art lover and a lover of sports. She’s also into real estate.

#6 Ngina Kenyatta

Net worth: $515 million

Country: Kenya

Famed as Mama Ngina, she is the former first lady of Kenya and as the wife of the first president of Kenya, Jomo Kenyatta, she is the maiden first lady of the East African giant. She is also the mother of President Uhuru Kenyatta.

Born in 1933, Ngina Kenyatta holds major stakes in nearly half of all the multinationals in Kenya most of which are worth millions of dollars. Some of the companies are in manufacturing, real estate, farming, and banking.

#7 Beyonce Knowles

Net worth: $470 Million

Country: United States

She is one of the biggest female singers and songwriters in the world. Her talent brought fame and fortunes down her feet. To make matters even better, she got married to one of America’s richest and finest rappers Jay-Z.

The couple is the richest celebrity couple in the world and for the better part of their lives, they are known as the “power couple”. Beyonce was born in 1981 and is a singer, songwriter, dancer, model, businesswoman, fashion designer, record producer, and actress.

She is the CEO of Parkwood entertainment.

#8 Wendy Appelbaum

Net Worth: $310 Million

Country: South Africa

Arguably the richest woman in South Africa, Wendy Appelbaum who was born in 1961 attributes her success to her father’s influence. She is the chairman of De Morgenzon Wine Estate in Stellenbosch, South Africa.

She is the daughter of Liberty Group founder Donald Gordon and got her fortunes via her father’s wealth and influence.


#9 Rosalind Brewer

Net worth: $13.3 Million

Country: United States

She is the first African-American CEO of Sam’s Club – a division of Wal-Mart Stores and the COO of Starbucks.

Rosalind is referred to as one of America’s prominent corporate women and black female executives.

She is one of the most influential women in the world and has been ranked by Forbes as the 34th most powerful woman in the world.

#10 Risa Lavizzo-Mourey

Net Worth: $526, 000

Country: United States

Born in 1954, Risa is an American Doctor and CEO. She has served as the President and CEO of Robert Wood Johnson Foundation from 2003 – 2017.

Serving in that position was a feat she attained as the first Black-American to sit in that position. She owns over 10, 000 units of General Electric Co Stock.


Here’s a quick summary of the top 10 richest black women in the world.

  1. Isabel Dos Santos
  2. Oprah Winfrey
  3. Folorunsho Alakija
  4. Sheila Crump Johnson
  5. Hajia Bola Shagaya
  6. Ngina Kenyatta
  7. Beyonce Knowles
  8. Wendy Appelbaum
  9. Rosalind Brewer
  10. Risa Lavizzo-Mourey

Who is the richest black woman in the world 2019?

Isabel Dos Santos is the richest black female in the world, Isabel Dos Santos is the first African female billionaire and the richest black woman in the world (2019) of African Descent.

1 thought on “Top 10 Richest Black Women In The World 2020”

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