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by Jeroslyn JoVonn
April 2, 2024
Forbes launched its annual World’s Billionaires Listing and Black Excellence dominated the highest 14 celebrities who made the spherical up.
Forbes launched its annual World’s Billionaires Listing and Black Excellence dominated the highest 14 celebrities who made the spherical up.
Michael Jordan, Oprah Winfrey, and Jay-Z helped shut the highest 5 celeb billionaires with the NBA legend coming in third place with $3.1 billion internet price behind Steven Spielberg ($4.8B) and George Lucas ($5.5B). Jordan earned his coveted spot on the checklist securing $1.8 billion from model partnerships like his notorious Nike’s Jordan model. On the sports activities facet, his time proudly owning the Charlotte Hornets NBA crew earned him $3 billion when he offered the crew in August 2023 after buying the franchise for $175 million in 2010.
Media mogul Winfrey got here in proper behind Jordan with a internet price of $2.8 billion acquired principally in actual property and her personal manufacturing firm, whereas Jay-Z got here in fifth with a $2.5 billion internet price. The hip-hop mogul has earned his billions from good enterprise strikes together with promoting a 50% stake in his champagne model, Armand de Brignac, to luxurious items large LVMH in 2021 for at the very least $300 million and his majority stake in his cognac label D’Usse in 2023 for a reported $750 million to Bacardi. Jay-Z additionally owns stakes in thriving firms like Uber and Block.
Filmmaker and fellow media mogul Tyler Perry secured a high 10 spot along with his $1.4 billion valuation which tied with pop star and entrepreneur Rihanna. Perry’s billions have accrued from his movie and tv pursuits together with creating and performing in a number of TV exhibits, films, and stage performs. Meanwile, it’s no secret how a lot Rihanna’s internet price skyrocketed after launching her Fenty Magnificence firm she owns alongside luxurious items large LVMH, alongside together with her lingerie enterprise Savage X Fenty.
Tiger Woods closed out the highest 10 celeb billionaires in tenth place along with his $1.3 billion internet price. His earnings come primarily from his profession earnings and endorsements. Woods’ Nike deal resulted in January and he’s since gone on to launch his personal clothes firm Solar Day Crimson.
NBA star LeBron James got here in proper behind Woods with a $1.2 billion internet price acquired by his $1 billion made in and out of doors of the league all through his 20-year profession. Outdoors of the thousands and thousands he makes within the NBA, James has made good investments in actual property, meals chains like Blaze Pizza, his SpringHill media firm, and possession stakes in sports activities groups like Fenway Sports activities Group, the MLB’s Boston Crimson Sox, soccer membership Liverpool, and the NHL’s Pittsburgh Penguins.
NBA alum and entrepreneur Magic Johnson tied James with a $1.2 billion internet price that put him in twelfth place. After buying fame and fortune enjoying for James’ present crew the Los Angeles Lakers within the 80s and 90s, Johnson stabilized his wealth by enterprise pursuits. With most of his fortune coming from his stake in Iowa-based life insurance coverage supplier EquiTrust, Johnson additionally has possession stake in sports activities groups together with the NFL’s Washington Commanders (with Justin Harris), the MLB’s Los Angeles Dodgers (with Todd Boehly), the WNBA’s Los Angeles Sparks, and MLS’ LAFC.
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