Only two blacks have compiled Forbes’ Ric00 list of richest Americans

Forbes Earlier this week it released its annual list of 400 richest Americans. While many people suffered financially during the epidemic, wallets became thicker for this small circle of super-rich Americans. Their combined fortune has risen to 5 5.5 trillion, an increase of percent0 percent over 2020.

But only two black men made the list: Robert F. Smith And David Steward, Black technology news website Afrotech Note that there were no black women in that circle of elites.

Related: Who is Robert F. Smith? Meet the Black Billionaire who paid the Morehouse Grades student

Rank no. 141, according to Forbes, Smith is the richest black American, with a net worth of 7 6.7 billion. He founded the private equity firm Vista Equity Partners in 2000.

During his early 2019 lecture at Morehouse College, the 58-year-old Smith made headlines when he promised to erase the debt of an entire undergraduate student.

Forbes steward has a net worth of 5. 5.8 billion, which puts him 182nd on the list, along with several others.

According to Forbes, the 70-year-old steward has a wealth story. He grew up with seven siblings in isolated South, with a father who ended up with multiple jobs, including a doorman and a garbage collector.

Despite his humble beginnings, he founded IT provider World Wide Technology. Today, his company has about 12 12 billion in sales and a customer base that includes Verizon and the federal government.

Related: ‘Black tax’ creates huge wealth gap for African American homeowners, study says

Three familiar names are at the top of this year’s list. Mark Zuckerberg Facebook, Instagram and WhatsApp are in third place with 134 billion. Tesla Elon Musk In second place with 190 1,190 billion. And the richest American is Amazon Jeff Bezos With $ 201 billion.

Source link

Related Articles

Back to top button