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Is Aliko Dangote No longer Richest Black Man in the World ? www.mallams.ng

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As of 2024, David Steward is one of the richest Black men in the world, with a net worth of approximately $11.4 billion. He is the founder and chairman of World Wide Technology (WWT), an IT services company. Steward’s wealth has surged in recent years, largely driven by the rapid expansion of his company, which generated nearly $20 billion in revenue in 2023.

While Steward’s $11.4 billion makes him the wealthiest Black person in the United States, there is some discrepancy in reports. Aliko Dangote, a Nigerian industrialist and founder of the Dangote Group, was listed with a net worth of $13 billion in Bloomberg’s Billionaires Index for 2024, due to his vast empire in cement, sugar, and food processing. The fluctuating value of the Nigerian currency, the naira, has affected Dangote’s fortune, making this a tightly contested title between these two business moguls​(

 

So, depending on which ranking you follow, either David Steward or Aliko Dangote holds the title of the wealthiest Black person in the world.

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