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Rich Blacks--------in Africa; They are the richest blacks in the world
Topic Started: Feb 29 2012, 12:55 AM (13,073 Views)
Nat Turner
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Chris Kirubi got rich in commerical real estate he has net worth of 300 million, the building below is one of the properties that he own.

http://www.forbes.com/lists/2011/89/africa-billionaires-11_Chris-Kirubi_8OP2.html

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Edited by Nat Turner, Feb 29 2012, 01:11 AM.
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Nat Turner
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Cyril Ramaphosa is one of the richest business people in South Africa, he created his own investment holding group. He has a net worth of 275 million.

http://www.forbes.com/lists/2011/89/africa-billionaires-11_Cyril-Ramaphosa_6K7M.html

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Edited by Nat Turner, Feb 29 2012, 01:11 AM.
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New York
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Black people in Africa are doing big things while black people in America are on television clowing and acting a fool.
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catdaddy25
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New York
Feb 29 2012, 01:17 AM
Black people in Africa are doing big things while black people in America are on television clowing and acting a fool.
And what beat all is you are doing worst than the black amreicans you talk about.
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Negrodamus
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Here we go again

http://www.forbes.com/2009/05/06/richest-black-americans-busienss-billionaires-richest-black-americans_slide_6.html

Earvin "Magic" Johnson, Jr.
Net worth: $500 million

Source of wealth: Restaurants, real estate, investments

Residence: Beverly Hills, Calif.

Age: 49

Grew up in Lansing, Mich., with nine brothers and sisters. Father worked at General Motors plant; mother was school custodian. Played at Michigan State; won national championship in 1979 in one of many legendary matchups against Larry Bird. Led Los Angeles Lakers to five world championships; 13-year career in NBA included three MVP awards, 12 NBA All-Star games, a gold medal at the 1992 Barcelona Olympics and induction into the Naismith Memorial Basketball Hall of Fame. Retired from NBA after announcing he had contracted HIV, became an entrepreneur. Introduced well-known brands to ethnically diverse neighborhoods via Magic Johnson Enterprises. Today has partnerships with Starbucks, 24 Hour Fitness, T.G.I. Fridays, AMC Theatres. Also invests in urban real estate and companies catering to America's underserved markets via his Canyon-Johnson and Yucaipa-Johnson funds. Has awarded more than $1.1 million to community-based organizations that focus on HIV/AIDS education and prevention.


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Negrodamus
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R. Donahue Peebles
Net worth: $350 million

Source of wealth: Real estate

Residence: Coral Gables, Fla.

Age: 49

Grandson of a hotel doorman. Owns one of the country's largest African-American real estate development companies; Peebles Corporation's portfolio includes hotels, apartments and office space in Miami Beach and Washington, D.C. "Don" left Rutgers University in 1979 to become a real estate agent in the District of Columbia. Worked on Capitol Hill as a page and an intern for congressmen John Conyers and Ron Dellums while attending Capitol Page School. Today owns 13 acres of prime Las Vegas land behind Steve Wynn's Encore casino; slated for redevelopment. Also owns pricey land in Southern California. Authored two books, The Peebles Principles and The Peebles Path to Real Estate Wealth.
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Negrodamus
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Quintin Primo III
Net worth: $300 million

Source of wealth: Real estate


Residence: Chicago

Age: 55

Minister's son grew up in Chicago. Played keyboard, trumpet in college jam band. Harvard University MBA 1979. First finance gig in Citicorp's real estate lending division. Founded Capri Capital in 1992 with childhood friend Daryl Carter. Early successes extending mezzanine loans to small borrowers that larger firms didn't bother to serve. Today portfolio dominated by apartment complexes but projects are diverse: three years ago paid $136 million for Baldwin Hills Crenshaw Plaza shopping mall in southern Los Angeles. Carter left in 2007, Primo stayed on as chairman and chief executive. Assets under management are now $4.3 billion. Announced $2 billion Saudi venture last June; will build hotels, office towers, condos in one of King Abdullah's anointed "economic zones." Also plans to invest $1 billion in distressed assets, half-built construction projects in U.S. with financing from U.S. Treasury.
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Negrodamus
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Janice Bryant Howroyd & family
Net worth: $250 million

Source of wealth: Staffing, investments


Residence: Palos Verdes, Calif.

Age: 56

Fourth of 11 children; father was a foreman at a dye factory, mother stayed home to raise the kids. Janice took job as an assistant at Billboard Magazine; left to start staffing firm Act-1 in 1978 with $967 in savings and $533 in loans from family. Built up client base via word of mouth, cold calls. Today the employment services agency generates annual revenues approaching $1 billion. Donated $10 million to her alma mater, North Carolina Agricultural & Technical State University, in 2004; gave another $10 million to University of Southern California in 2005.
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Negrodamus
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Herman J. Russell
Net worth: $200 million

Source of wealth: Construction, real estate

Residence: Atlanta

Age: 78

Real estate and construction tycoon learned the building business at an early age; father was a plastering contractor on construction projects. Herman bought a vacant Atlanta lot at age 16; built first property, a duplex. Founded contractor H.J. Russell Plastering Co. in 1953; later renamed H.J. Russell & Co. Helped build Georgia Dome and Turner Field. Annual sales approach $300 million. Family business: son Michael is chief executive, son Jerome is president. Also owns Concessions International; outfit provides food and beverage services to airports. Daughter Donata Russell-Major is vice chair. Largest owner of HUD-related properties in Georgia. Once owned stakes in pro basketball's Atlanta Hawks and hockey's Atlanta Flames. Now retired from day-to-day management; focused on philanthropy
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Negrodamus
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Ulysses Bridgeman, Jr.
Net worth: $200 million

Source of wealth: Restaurants

Residence: Louisville, Ky.

Age: 55

Former shooting guard for the Milwaukee Bucks turned his athletic grit into a sprawling fast food empire. Raised in East Chicago, Ind.; father was a steelworker. "Junior" was picked in first round of the 1975 NBA draft by the Los Angeles Lakers; promptly traded to the Bucks with three others for Kareem Abdul-Jabbar. Went on to rack up 11,517 career points, franchise record for most games played. Retired 1987. Bought five Wendy's franchises to generate income while planning his next career. Today controls 161 Wendy's and 118 Chili's restaurants. Total payroll: 11,000 managers, cashiers and cooks. Sales of holding company Manna Inc. in 2008: $530 million. Sits on board of PGA. Also owns small stake in Milwaukee soda bottler Black Bear Beverages.
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