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Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion. According to the 2024 Forbes ranking of the world's billionaires, Nigerian business magnate Aliko Dangote had a net worth of $13.9 billion and was the world's richest black man. [1]
The African-American upper class, sometimes referred to as the black upper class, the black upper middle class or black elite, is a social class that consists of African-American individuals who have high disposable incomes and high net worth.
In the 2022 American Community Survey, the following figures regarding detailed Asian ethnicities are reported. [4] The NCRC Asian American income is better understood when household size and cost of living is factored as many Asian American groups have larger households and disproportionally live in metropolitan areas where the cost of living ...
The median net worth of Black families is $142,330 — or just one-seventh of the $980,550 in wealth accumulated by white Americans, according to a new study from LendingTree.
To be sure, Black Americans’ median wealth is less than 15 percent of that of white families in the U.S., according to the Federal Reserve’s 2019 Survey of Consumer Finances. White families ...
At the time, the median before-tax income was $70,260, and the median net worth was $192,700. Based on that data, anyone with a higher income or net worth ranks among the top 50% of Americans.
The following median per capita income data are retrieved from American Community Survey 2018 1-year estimates. In this survey, the nationwide population is 327,167,439 and the per capita income was US$33,831 in 2018. [2]
As shown on Eurweb.com, [19] of the 14 million black households in the U.S. in 2015, only 5% had more than $350,000 in net worth, and less than 1% of black families had over $1 million in net assets. As of 1999, Blacks and whites similarly situated within the "educational middle class" live in distinct wealth worlds.