*While the United States continues to have more billionaires than any other country in the world, China, Russia and Brazil are making rapid gains. Indeed, China’s super-wealthy are growing the fastest followed by those in Russia. This is according to the latest Forbes magazine list of the “World’s Billionaires 2011” released this past Wednesday.
Of the world’s 1,210 billionaires, 413 of them are Americans. America is followed by China with 115; Russia with 101 and Brazil with 30. Roughly one of every three billionaires is an American – down from one of every two just 10 years ago.
Meanwhile, the richest person in the world is Mexico’s telecommunications magnet Carlos Slim Helu whose total wealth has reached $74 billion. He is followed by American Bill Gates of Microsoft fame with $56 billion. Third place goes to another American investor Warren Buffett with $50 billion. France’s Bernard Arnault is fourth with $41 billion and American Larry Ellison of Oracle is fifth with $39.5 billion.
The richest Black person in the world is Nigeria’s Aliko Dangte. He ranks #51 on the list with wealth totaling $13.8 billion. Dangte made his money in sugar, flour and cement. The second richest Black person is South Africa’s Patrice Motsepe. He is #336 on the list with a fortune of $3.3 billion made primarily in mining. American television talk-show diva Oprah Winfrey is the third richest Black person in the world. Her wealth is estimated at $2.7 billion and she ranks #420 on the billionaires list.
No other Blacks in the world have reached billionaire status, according to Forbes.
[Note: The billionaire’s list contained several dark complexioned Arabs and Indians. But for purposes of this article, they were not considered to be Black.]