David Steward secures position as richest Black billionaire in U.S. with $12.7-billion fortune
This spike in his wealth has re-established Steward at the top after a series of fluctuations earlier this year.
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Forbes ranks two U.S. Black billionaires above Nigeria’s richest man, Aliko Dangote
While Forbes values Dangote’s wealth at $10.6 billion, Bloomberg’s estimate at $27.2 billion includes his stake in the Dangote Oil Refinery.
U.S. tech billionaire David Steward overtakes Aliko Dangote as world's richest Black person
In just two years, Steward's wealth has nearly doubled, up from $6 billion in 2022 to $7.6 billion in 2023, before reaching its current level.
America’s richest Black billionaire David Steward loses half a billion in net worth
As a result of the recent $500 million drop in his fortune, Steward’s year-to-date wealth gains now stand at $2.31 billion, down from $2.78 billion on April 27.
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Seydou Kane: Reclusive Malian tycoon with business ventures spanning real estate, telecom, and finance
Malian-born Seydou Kane built a thriving business empire in Gabon across real estate, finance, and trade, while fostering diplomatic and philanthropic ties.
One of America’s richest Black CEOs suffers $28.9 million loss from Eaton stake
Eaton shares have dropped 17.46% since the start of the year. A $100,000 investment in Eaton at the beginning of 2025 is now worth $82,540, reflecting a loss of $17,460.
South Africa’s IDC seeks control of ArcelorMittal SA, linked to Noluthando Gosa
ArcelorMittal SA, the country’s largest steel producer, has faced growing challenges from rising production costs, cheap imports, and unreliable rail services.
Segun Agbaje leads GTCO to record $661.3 million profit, sets $134.4 million dividend payout
This highlights the leading lender’s robust financial discipline and commitment to maximizing shareholder value.
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