From recent data, some of the renowned richest black women in the United States of America continue to be formidable in the male-dominated business world despite the instability of the global economy.
Seven African-American women made the list of the 100 self-made wealthy American women. They collectively represent $6.68 billion, or 6.02%, of the $111 billion overall net worth.
Although certain black women are making headlines, statistics show that the country has a small number of the richest black women in America. Let’s have a look at them.
Oprah Winfrey – $2.6 billion
With 25 years of experience in the talk show business, Oprah Winfrey has accumulated a net worth of over $2.5 billion.
Using her outstanding on-air skill, she transformed her globally acclaimed talk show, ‘The Oprah Winfrey Show, into the highest-rated television show in history. Through it, she also created her own media outlet and business empire.
She was known as the “Queen of All Media” as she was the wealthiest black person in the United States throughout the 20th century, the sole black billionaire at one point, and the most influential black philanthropist in American history.
Robyn “Rihanna” Fenty – $1.7 billion
The R$B singer, Robyn Rihanna Fenty, owns a net worth of $1.7 billion. The Barbados-born artist generated most of her net worth from her cosmetics brand ‘Fenty Beauty’.
This milestone made her the second-richest Black woman in the United States and the youngest Black billionaire in the world.
Her brand ‘Fenty Beauty’ is one of the fastest-growing cosmetics in the world. It offers its makeup and skincare products online to more than 150 countries.
It also sells on Sephora shelves in the Middle East, Thailand, Malaysia, Australia, Singapore, France, Spain, Canada, and the United States.
Sheila Johnson – $780 million
Before her wealth fell to $780 million, Sheila Johnson was the first African American to attain a net worth of $1 billion.
She is the CEO of Salamander Hotels and Resorts and co-founded the Black Entertainment Network, a cable television channel, in 1979.
Johnson is also the first African-American woman to own three professional sports franchises: The Washington Capitals (NHL), Washington Wizards (NBA), and Washington Mystics.
Janice Bryant Howroyd – $630 million
Janice Bryant Howroyd is the founder and chief executive officer of The ActOne Group, the biggest privately owned company by a woman in the United States. She bootstrapped the business with $1,500 and a $900 loan from her mother.
Today, the ActOne Group is valued at billions of dollars. She became one of the wealthiest black women in the world with a net worth of $630 million and was the first African American woman to create and operate a billion-dollar business.
Beyonce Knowles – 450 million
One of the world’s most well-known singers and songwriters is Beyonce Knowles. Her career as a vocalist contributed to the lion’s share of her wealth.
Along with her successful music career, Beyonce has launched many clothing lines, one of which is the label Ivy Park. The brand collaborated with the German multinational sportswear manufacturer Adidas.
Emma Grede – $360 million
Emma Grede was born to a Jamaican-Trinidadian father and English mother. The fashionista is the founder of Good American, a high-end clothing brand. The business, which supports a healthy body, was co-founded with Khloe Kardashian.
On the first day of the clothing line launch, she generated over $1 million, making it the largest in history.
Serena Williams – $260 million
Apart from being a professional tennis player, Serena Williams is also an investor in more than 60 startups. This was done through her company, Serena Ventures. In the first quarter of 2022, her venture capitalist firm raised a $111-million initial fund.
She has established herself as one of the most successful female athletes in the history of the sport.
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