OPINION: Are Black Billionaires The New Aristocrats?

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If you’re looking for filthy rich black folk outside the United States, Nigeria’s the place to start.

The oil-rich nation is where you’ll find rival billionaires Aliko Dangote and Femi Otedola living large.

For sugar-emperor Dangote, 51, worth $2.5 billion (not far from Oprah’s $2.7 billion), life’s sweet in more ways than one.

CHECK OUT THE GALLERY OF BLACK BILLIONAIRES!

Known as Nigeria’s first billionaire, Dangote ranked 261 on Forbes Magazine’s 2009 list of the 739 richest people on earth.

Meanwhile, oil tycoon Otedola, 42, the son of a former governor, is worth $1.2 billion and ranked 601 on the same list.

Born in Jamaica to biracial Chinese-Jamaican parents, Canadian investment banker Michael Lee-Chin is worth $1 billion.

Besides money, the 57-year-old divorced dad of five is also known for philanthropy. He shelled out a cool $30 million to the Royal Ontario Museum, which named a wing in his honor.

On a side note, Lee-Chin owns 250 acres of beachfront property in Ocho Rios, Jamaica and homes in Canada and Florida, according to the Forbes list.

Check out Forbes’ 10 richest Black Americans

Ethiopian-born cell phone king Mohamed “Mo” Ibrahim made headlines in 2006 when he announced an unusual $5 million prize honoring exemplary African leaders.

Ibrahim, 61, the former head of Celtel International, the Africa-based mobile octopus, is worth $2 billion (Forbes ranking: 334)and lives in the United Kingdom.

This year Patrice Motsepe, 47, became South Africa’s first black billionaire. The Soweto-born lawyer turned mining mogul is worth $1.3 billion and joined the ranks of South Africa’s diamond dynasty, the Oppenheimer family on the ritziest of rich lists.

So who’s the richest black person in the world? That honor goes to oil tycoon Mohammed Al Amoudi.

Though a citizen of Saudi Arabia, Al Amoudi, 63, is Ethiopian born and has amassed a net worth of $9 billion, making him the 43rd richest person on Forbes’ list, and as of right now, the richest black man in the universe (if only on paper).

Read more: Mexican Drug Lord makes Forbes’ Billionaire List

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