by Jeroslyn JoVonn
April 2, 2024
Forbes launched its annual World’s Billionaires Checklist and Black Excellence dominated the highest 14 celebrities who made the spherical up.
Forbes launched its annual World’s Billionaires Checklist and Black Excellence dominated the highest 14 celebrities who made the spherical up.
Michael Jordan, Oprah Winfrey, and Jay-Z helped shut the highest 5 superstar billionaires with the NBA legend coming in third place with $3.1 billion web value behind Steven Spielberg ($4.8B) and George Lucas ($5.5B). Jordan earned his coveted spot on the checklist securing $1.8 billion from model partnerships like his notorious Nike’s Jordan model. On the sports activities facet, his time proudly owning the Charlotte Hornets NBA staff earned him $3 billion when he offered the staff in August 2023 after buying the franchise for $175 million in 2010.
Media mogul Winfrey got here in proper behind Jordan with a web value of $2.8 billion acquired largely in actual property and her personal manufacturing firm, whereas Jay-Z got here in fifth with a $2.5 billion web value. The hip-hop mogul has earned his billions from sensible enterprise strikes together with promoting a 50% stake in his champagne model, Armand de Brignac, to luxurious items large LVMH in 2021 for not less than $300 million and his majority stake in his cognac label D’Usse in 2023 for a reported $750 million to Bacardi. Jay-Z additionally owns stakes in thriving corporations like Uber and Block.
Filmmaker and fellow media mogul Tyler Perry secured a high 10 spot together with his $1.4 billion valuation which tied with pop star and entrepreneur Rihanna. Perry’s billions have gathered from his movie and tv pursuits together with creating and performing in a number of TV exhibits, motion pictures, and stage performs. Meanwile, it’s no secret how a lot Rihanna’s web value skyrocketed after launching her Fenty Magnificence firm she owns alongside luxurious items large LVMH, alongside along with her lingerie enterprise Savage X Fenty.
Tiger Woods closed out the highest 10 superstar billionaires in tenth place together with his $1.3 billion web value. His earnings come primarily from his profession earnings and endorsements. Woods’ Nike deal resulted in January and he’s since gone on to launch his personal clothes firm Solar Day Purple.
NBA star LeBron James got here in proper behind Woods with a $1.2 billion web value acquired via his $1 billion made in and out of doors of the league all through his 20-year profession. Exterior of the thousands and thousands he makes within the NBA, James has made sensible investments in actual property, meals chains like Blaze Pizza, his SpringHill media firm, and possession stakes in sports activities groups like Fenway Sports activities Group, the MLB’s Boston Purple Sox, soccer membership Liverpool, and the NHL’s Pittsburgh Penguins.
NBA alum and entrepreneur Magic Johnson tied James with a $1.2 billion web value that put him in twelfth place. After buying fame and fortune taking part in for James’ present staff the Los Angeles Lakers within the 80s and 90s, Johnson stabilized his wealth via enterprise pursuits. With most of his fortune coming from his stake in Iowa-based life insurance coverage supplier EquiTrust, Johnson additionally has possession stake in sports activities groups together with the NFL’s Washington Commanders (with Justin Harris), the MLB’s Los Angeles Dodgers (with Todd Boehly), the WNBA’s Los Angeles Sparks, and MLS’ LAFC.
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