Friday, January 15, 2010

The Wealthiest Black Americans

oprah

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Forbes: First off as usual we have Oprah… after that there is only one rapper to make the list, couple entertainers, and a hand full of athletes… The rest are business personal….Now watch me work my way on this list…

1. Oprah Winfrey
Net worth: $2.7 billion
Source of wealth: Harpo Productions
Residence: Chicago
Age: 55

***In personal finance, net worth (or wealth) refers to an individual’s net financial position; similarly, it uses the value of all assets minus the value of all liabilities (debt).*** meaning they may have more cash then this list solicits…

#2 through 19 after the jump

tiger-woods-baby-10
#2 Tiger Woods
Net worth: $600 million
Source of wealth: Golf, endorsements
Residence: Orlando, Fla.
Age: 33

Bush
#3 Robert Johnson
Net worth: $550 million
Source of wealth: BET, investments
Residence: West Palm Beach, Fla.
Age: 63

michael-jordan-r
#4 Michael Jordan
Net worth: $525 million
Source of wealth: Basketball, Nike, endorsements
Residence: Chicago
Age: 46

earvin_magic_johnson
#5 Earvin “Magic” Johnson, Jr.
Net worth: $500 million
Source of wealth: Restaurants, real estate, investments
Residence: Beverly Hills, Calif.
Age: 49

#6 William Henry Cosby, Jr.
Net worth: $450 million
Source of wealth: The Cosby Show, entertainment
Residence: Massachusetts
Age: 71

#7 Sheila Johnson
Net worth: $400 million
Source of wealth: BET, investments
Residence: The Plains, Va.
Age: 60

#8 R. Donahue Peebles
Net worth: $350 million
Source of wealth: Real estate
Residence: Coral Gables, Fla.
Age: 49

#9 Quintin Primo III
Net worth: $300 million
Source of wealth: Real estate
Residence: Chicago
Age: 55

#10 Don King
Net worth: $290 million
Source of wealth: Boxing promotion
Residence: Manalapan, Fla.
Age: 77

#11 Janice Bryant Howroyd & family
Net worth: $250 million
Source of wealth: Staffing, investments
Residence: Palos Verdes, Calif.
Age: 56

#12 Herman J. Russell
Net worth: $200 million
Source of wealth: Construction, real estate
Residence: Atlanta
Age: 78

#13 Ulysses Bridgeman, Jr.
Net worth: $200 million
Source of wealth: Restaurants
Residence: Louisville, Ky.
Age: 55

#14 Tracy Maitland
Net worth: $150 million
Source of wealth: Investments
Residence: New York City
Age: 48

#15 Shawn “Jay-Z” Carter
Net worth: $150 million
Source of wealth: Entertainment, investments
Residence: New York City
Age: 39

#16 Alphonse Fletcher, Jr.
Net worth: $150 million
Source of wealth: Investments
Residence: New York City
Age: 43

#17 Kobe Bryant
Net worth: $140 million
Source of wealth: Basketball, endorsements
Residence: Newport Beach, Calif.
Age: 30

#18 Shaquille O’Neal
Net worth: $130 million
Source of wealth: Basketball, endorsements
Residence: Phoenix
Age: 37

#19 Kenneth I. Chenault
Net worth: $125 million
Source of wealth: American Express
Residence: New Rochelle, NY.
Age: 57

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