Becoming a billionaire is already a rare occurrence. But becoming a Black billionaire is close to damn near impossible. Out of the more than 600 billionaires in the world, less than 10 are Black. Rihanna’s work ethic and skill in various business ventures has landed her a total net worth of 1.7 billion dollars, making her the richest female musician in the world and the richest female entertainer after Oprah whose net worth is at 3.5 billion dollars according to celebrity net worth. And we know about Tyler Perry hitting the billion dollar status with an estimated net worth of 1 billion.
This list of Black millionaires are gaining on them with smart investments and business enterprises that will push them right over that billion-dollar threshold.
The following eight millionaires are closest to becoming Black billionaires in the next few months. BLAC will be keeping a close eye on their progress.
1Sean Combs, 52, $920M
Music executive and hip-hop mogul Diddy is right on the verge of becoming a billionaire. With an estimated to be over $930 Million US Dollars, according to Forbes, Combs is the founder of Bad Boy Records who has a majority stake in Revolt TV and gets a 50 percent share of the profits from the Cîroc vodka brand.
2Dwayne Johnson, 50, $800M
Dwayne Johnson is one of the richest actors/entertainers in the world; almost no one makes more than him. He can thank his wildly successful acting career for his fortune. The Rock currently has a net worth of $800 million according to Celebrity Net Worth.
3Earvin “Magic” Johnson, 63, $620M
NBA Hall of Famer Magic Johnson made even more money after his professional playing career was over. After retiring, Magic launched his own business, Magic Johnson Enterprises, which has given the NBA legend a net worth of $620 million according to Wealth Gorilla. He is currently a minority owner of the Los Angeles Lakers and the Los Angeles Dodgers.
4Dr. Dre, 57, $500M
Dr. Dre currently is a hip-hop producer and executive and as of October 2022, his net worth is estimated to be $500 Million according to Wealth Gorilla; which makes him the 3rd richest rapper in the world. In 2014, his headphone brand, Beats by Dre was acquired by Apple for $3 billion in cash, making it the biggest acquisition in its history. He is also the founder and CEO of Aftermath Entertainment.
5Beyoncé Knowles Carter, 41, $500M
As of October 2022, Beyoncé‘s net worth is $500 Million, which makes her America’s Richest Self-Made Women according to Forbes thanks to her wildly successful music career. Her most recent album, Renaissance, became an instant hit and is already one of the best-selling albums of 2022.
6Kevin Hart, 43, $450M
Kevin Hart is one of the funniest and hardest-working people in Hollywood. He currently has a net worth of $450 million, according to wealthy gorilla, thanks to his stake in Hartbeat, a media venture worth nearly $650 million.
7Mariah Carey, 52, $320M
The queen of divas, Mariah Carey has one of the best voices in the history of music and was, at one point, the biggest pop star in the world. She has produced a plethora of hit records throughout her 30-year music career. While she has plenty of music to point her success to, “All I Want for Christmas” is simply one o the most popular Christmas songs ever and will help her increase her net worth more than anything else. She currently has a net worth of $320 million according to Wealth Gorilla.
8Stephen Curry, 34, $1B Lifetime Contract
Reigning NBA Finals MVP currently has a net worth of $160 million. But, he’s also rumored to be signing a $1 billion lifetime contract with Under Armour, similar to what LeBron James did with Nike less than a decade ago. Maybe sooner rather than later, Curry will be jogging James and Michael Jordan as NBA billionaires.