16 Black Celebrities With a Collective Net Worth of Over $10B

Black celebrities, like black people in general, still have a long way to go to achieve economic parity with their white counter parts. However, there are a select few who are doing quite well for themselves. The following is a list of black celebrities whose net worth is, in total, over $10 billion. Hopefully these affluent celebrities use their money and influence to move us forward.

Will Smith

The Smith family is Hollywood royalty, and although his kids are fast becoming popular in the music and film industries, Will Smith is still the breadwinner in his house.  Worth about $200 million, Will is one of the highest paid actors in Hollywood, and he still gets a ton of money from his Fresh Prince Of Bel Air show that aired in the ’90s.

 

Russell Simmons

Founder of the most successful rap music label of all time, Def Jam, Russell Simmons has been rewarded handsomely with a net worth of $325 million. In recent years, Russell has been more focused on social activism and promoting ethnic diversity.

Democracy needs journalism it can trust.

This election season, the stakes are higher than usual — and so is the pressure on newsrooms to soften their coverage, stay quiet, or just disappear. Independent reporting, the kind that answers to readers instead of advertisers or political pressure, matters more in a moment like this, not less.

For over 14 years, Atlanta Black Star has stayed independent and reader-funded. We have no corporate owner and no shareholders telling us what to cover or how to cover it. That independence is also our biggest vulnerability: nothing protects it except readers choosing to fund it directly.

Newspaper ad revenue has fallen more than 80% since 2005, and local newsrooms are closing at a rate of roughly two a week nationwide. When outlets go under in a moment like this, it's rarely the independent, reader-funded ones that get to stick around.

We know a request for support isn't why you came here. But without readers choosing to fund this work directly, the depth of reporting we can do at home and abroad shrinks along with everyone else's. If you're not in a position to give, that doesn't change how much we value you as a reader.

If you are able to, a recurring contribution does more for us than a single one-time gift, because it lets us plan the next investigation instead of just the next invoice. It takes about 30 seconds, no long form, no account. Thank you for continuing to support independent journalism and freedom of the press.

Back to top