1) Oprah Winfrey – $3 Billion
Oprah Winfrey is the richest African American. This 61-year-old self-made billionaire is a media proprietor, talk show host, actress, producer and philanthropist! She is the chairwoman of Harpo Productions and Oprah Winfrey Network (OWN). She also has an annual $55 million contract with Sirius XM’s Oprah Radio Show. Her 2013 earnings was $75 million. She also makes millions from her O Magazine.
Although she had a difficult upbringing, Oprah took the most out of a second chance. Today she has turned her remarkable career into a platform of helping others.
These amazing individuals are inspiring millions of African Americans.
2) Michael Jordan – $1 Billion
Basketball’s greatest player 51-year-old Michael Jordan realized his dream of becoming an NBA owner in 2014 when he became the majority shareholder of the Charlotte Bobcats. According to Forbes’ estimate in 2015, Michael Jordan is the first US professional athlete to become a billionaire thanks to deals with popular brands like Nike, Gatorade, Hanes and Upper Deck. Brand Jordan is a $1 billion (sales) business for Nike. Jordan’s successful career has been an inspiration for many retired basketball players.
3) Diddy – $700 Million
Sean “Diddy” Combs is an immensely successful rapper, record producer, actor and entrepreneur. He has made the majority of his wealth through intelligent business decisions. This award-winning rapper owns a 50 percent share of the profit from the Ciroc vodka brand he helped to develop. He also has a majority stake in the television network Revolt TV.
4) Tiger Woods – $600 Million
American professional golfer Tiger Woods is among the most successful golfers of all time. Currently he endorses reputed brands like Nike. Even though he has made $1.3 billion in his career, his infidelity cost him plenty of money! A December 2009 study estimated the shareholder loss caused by his affairs to be between $5 billion and $12 billion. Currently he is making $80 million plus in winnings, endorsement deals and appearance fees.
Tiger Woods and his father established the Tiger Woods Foundation in 1996. The goal of the foundation is to promote golf among inner-city children.
5) Mariah Carey – $520 Million
Mariah Carey does not need introduction. She is the best-selling female artist in the history of the Billboard charts. She has fans worldwide! In the year 2000, Mariah Carey was given a $100 million recording contract with Virgin. It is the biggest contract in the history of music at that time. She has sold more than 200 million albums worldwide!