Parents are the very first people we ever meet as children and growing up these parents become our mentors, leaders, and idols. But when your parents are billionaires, all of a sudden the bar is set so high and so many expectations are placed on you that your future can be a little intimidating. So here are some of the children of the world’s richest black billionaires.
According to CNBC.com, Michael Jordan is reportedly the first ever athlete to become a billionaire (Tiger Woods comes in at a close second, but according to his agent, they stopped keeping a ‘tally.’) According to Forbes, the Air Jordan brand by Nike is estimated to be worth 2.25 billion dollars back in 2013 but it is Michael Jordan’s ownership of NBA team, Charlotte Hornets, that has elevated him to the status of a billionaire.
Easily regarded as the greatest basketball player of all time, MJ has an estimated net worth of $1.65 billion according to Insider.com. It was in 2014 when Mike fathered his fourth and fifth children, his twin boy and girl, Marcus and Jasmine.
Michael Jordan’s son Marcus played basketball for the University of Central Florida from 2009 to 2012 where he averaged 12.3 points per game. While his career stats are not as noteworthy as his father’s, Marcus followed in his dad’s footsteps in terms of business. He ended up opening a boutique sneaker shop in Disney World called Trophy Room which was inspired by his dad’s large assortment of awards and accolades.
Marcus’ twin sister, Jasmine, is a Jordan brand representative and also an influencer for the Air Jordan line in Charlotte, North Carolina. Jasmine has also worked for her dad’s team, the Charlotte Hornets, where MJ is the majority owner.
According to Forbes, Mohammed Ibrahim has a net worth of more than 1.18 billion dollars and he founded Celtel International inn 1998 which was one of the very first mobile phone companies that served Africa and the Middle East. He then sold his company to Kuwait’s Mobile Telecommunications Company for $3.4 billion in 2005. Forbes estimates that he earned just under $1.5 billion off that transaction. ‘Mo’ now focuses most of his time on the Mo Ibrahim Foundation where they help improve the lives of African citizens.
When she was just 22 years old, Mo’s daughter, Hadeel Ibrahim, took over the executive director position of her dad’s foundation. Her accolades don’t just end there. She was appointed to the UN Secretary-General’s High-Level Panel on Humanitarian Financing. She is also on the board for organizations such as the Clinton Foundation. She is also the co-chair of the Africa Center in New York which promotes collaboration between Africa and the United States.
According to Forbes, Folorunso Alakija is a Nigerian businesswoman who is reportedly one of the richest African women in the world and it was in the year 2014 when she temporarily dethroned Oprah as the wealthiest woman of African descent in the world. Her career began as the founder of an elite Nigerian fashion label and she later became the vice chair of a Nigerian oil company called Famfa oil. Her net worth is an estimated 1.7 billion dollars and she currently lives in Lagos, Nigeria, with her four sons. Folarin is one of Folorunso’s sons and he married an Iranian model in a seven million dollar wedding which was held at an English castle that Winston Churchill grew up in. Celebrities such as Madonna and Oprah were in attendance at the wedding.
According to Bloomberg, Mike Adenuga is a Nigerian businessman and he is reportedly the second richest person in Nigeria. He is the chairman of a telecommunications company called Globacom which has more than 36 million subscribers and he is also the majority owner of a Lagos-based oil company known as Conoil. He has a net worth of five and a half billion dollars and he has eight children.
Adetutu Oyindamola Emilia is the eldest daughter of Mike and akin to her other siblings, most of their private lives are kept hidden from the public eye. Adetutu was a former board member of Conoil but after her lavish wedding with her husband, the couple now resides in Atlanta, Georgia. Eniola Adenuga is Mike’s oldest son and he is the executive director of Conoil. Tunde ‘Paddy’ Abolade is one of the group executive directors at Globacom and just by himself, he came close to purchasing Chevron’s Netherlands business all on his own.
Aliko Dangote is the world’s richest black billionaire with a fortune of more than 14 and a half billion dollars and he has an estimated 15 children over his four marriages. According to Forbes, Aliko is Africa’s richest man and he founded Dangote cement which is the continent’s largest cement producer. Aliko also owns stakes in publicly traded salt, sugar, and flour manufacturing companies. While he has 15 children over the course of his four marriages, his children have been kept out of the public spotlight and little is known about them.
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