7 Richest Black People In America and Their Stock Picks

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In this day and rage racism and microaggression is still very much present. Many people claim that there are many successful black people but equal opportunity is still not given to them. How many people of color are considered to be billionaires? For them it would be an incredible achievement.

 

Here is a summary of Insider Monkey’s 7 Richest Black People In America and Their Stock Picks. 

 

Tyler Perry is an all around media man. Not only is he an actor but he is also a director and producer; he already has developed several series. He also has a big stake in Bet+. As of March his net worth is $1 billion.

 

Considered to be one of the most influential rappers, Jay-Z is also a businessman. He is the founder of Rocawear and they are currently raising funds to acquire cannabis companies. Total net worth is $1.4 billion

 

Michael Jordan is not only a basketball legend but he also has a knack for business. His investment in Draftkings helped the company grow as their shares grew by 6%. Total net worth as of March is $1.6 billion.

 

Kanye West and his venture into apparel and partnership with Gap, Nike, and Adidas helped grow his net worth. As of March, it is at $1.8 billion.

 

The only woman in this list, Oprah Winfrey is considered to become one of the first black people to be considered a multi-billionaire. Her most popular stock investment would be Watchers. Her net worth is at $2.7 billion. 

 

David Stewart is the founder of World Wide Technology, the biggest African-American business in the United States with $12 billion in annual sales. His net worth as of March is $3.7 billion.

 

The richest person on this list would be Robert Smith the founder of Vista Equity Partners. The company currently has at least $46 billion in funding and their currency big investment is in the Activision Blizzard. His net worth is at $6 billion. 

 

Read more of Insider Monkey’s 7 Richest Black People In America and Their Stock Picks here.

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