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Black lives matter. But so do their bank accounts. With the likes of Oprah, Michael Jordan, Jay Z, and many more – African American’s are starting to accumulate wealth faster than any other race of people. This, my friends, is progress. So let’s take a look and see who’s progressed the most with this year’s top 10 list of richest blacks in the world.
If you thought Shaq made a fortune as a Los Angeles Laker, then you ain’t seen nothing yet. Now that Shaq has joined the cast of TNT, along with his multitude of endorsements and business deals, the Diesel’s net worth is now at $350 million – and he’s only getting richer.
His movies and shows may be horrendous, but Tyler Perry is a box office smash. And because, sadly, most of America lacks good taste – Tyler’s net worth is an astonishing $400 million.
The co-founder of BET (Black Entertainment Television) – as well as the owner of the Salamander Resort Chain – Sheila has become rich beyond her wildest dreams. Despite selling BET to Viacom, which cut her fortune in half, she’s still worth a generous $400 million.
A true rags-to-riches story, Jay Z (real name: Shawn Carter), was once selling hip-hop cassette tapes out of the trunk of his car. Now, after building himself an empire of music labels, Jay z is worth $475 million.
Believe it or not, Magic Johnson’s business savvy is slicker than his basketball game. And that’s saying a lot as many rank him as one of the top 5 NBA players of all-time. Magic Johnson Enterprises, which includes a stake in Starbucks and the Los Angeles Dodgers, has made him a $500 millionaire.
The former husband of Sheila Crump, Robert, former co-owner of BET seems to have walked away with the bigger piece of the pie. His net worth is $580 million after their divorce.
Despite being on the decline, Tiger is still the most famous golf player of all-time. He’s also the richest. After all the endorsements and tournament wins, Tiger is worth $590 million.
P. Diddy (as he likes to be called) seems to be the king of rap – trumping rival Jay Z in the finances department. Perhaps it’s because Sean Combs has been at it longer than J. Today his net worth is $620 million.
Sorry Magic, but the greatest of all-time has to be the highest paid of all-time. Although, Michael’s money didn’t come from his NBA checks – it was his Air Jordan shoes, that turned into the Jordan Brand, that has amassed Michael more than $650 million.
When you can go on TV and endorse a product and the next day it sells out, or, disparage one – like she did with the beef industry – tarnishing it for years, and it’s no surprise that after all these years Oprah is worth $2.8 billion.