Top Achievers Africa

21/04/2024

In the heart of Africa, where dreams take flight,
Top achievers rise, shining ever so bright.
From the savannas to the bustling streets,
Their determination and passion never retreats.

In the boardrooms of Lagos, minds sharp as a blade,
Leading innovation, where dreams are made.
From Accra to Nairobi, they pave the way,
Breaking barriers, with every new day.

In the classrooms of Johannesburg, knowledge deep,
Inspiring the youth, from sunrise to sleep.
In the villages and towns, where hope may fade,
Top achievers bring light, with skills well arrayed.

In the fields of medicine, and the arts that inspire,
Their talents ignite, setting the world on fire.
From tech entrepreneurs to leaders of change,
Top achievers in Africa, nothing seems strange.

In the heart of Africa, where greatness is born,
Top achievers rise, against all scorn.
Their legacy echoes through the land,
A testament to what each soul can withstand.

31/08/2023

With integrity, you have nothing to fear, since you have nothing to hide.

31/08/2023

Our time is limited. Make sure you know what matters.

29/08/2023

Source: Unknown

14/04/2023

Here Are The Black People Who Made Forbes’ 2023 Billionaires List

April 7, 2023

By Collins Badewa

https://www.stylerave.com/black-billionaires-2023/

It is no secret that the Black community has long been underrepresented in the field of business. However, this is slowly changing, as evidenced by the 2023 Forbes Billionaires List which was released on Tuesday, April 4, 2023. This year, there are 16 Black billionaires on the list, with a combined net worth of over $60 billion. While this is still a relatively small number compared to the overall list of 2,640 billionaires, it is a significant increase from the mere three black billionaires that were on the list in 2013.

The Tesla CEO Elon Musk has officially been eclipsed as the richest person in the world by French luxury goods entrepreneur Bernard Arnault. With a $211 billion fortune, the 74-year-old engineer tops Forbes’ list of billionaires for 2023, overtaking Musk, who was first last year and is now in second place, by $31 billion.

Among the Black Billionaires on the list are a mix of familiar names and newcomers. Jay-Z has been named one of the world’s billionaires on Forbes’ list. The rap icon and successful entrepreneur was ranked #1217 as a result of his several successful endeavors, including his most recent choice to sell his stake in a liquor company. Roc Nation artist Rihanna is listed at #2020, mostly because of her Fenty Beauty brand. Her net worth is reportedly $1.4 billion this year.

Just as we have wealthier people on the list, there are people who have also fallen off the revered annual list. Ye, formerly known as Kanye West, fell off Forbes’ billionaire’s list after losing about $1.6 billion of his net worth when he lost several business deals following his antisemitic comments. Ye is not the only person to fall off the list. In fact, 254 one-time billionaires are no longer.

What is most encouraging about this trend is that it is not limited to the United States. Nigeria, for instance, is home to three of the 16 Black billionaires on the list. Aliko Dangote—the richest man in Africa—is the richest Black man in the world, with a net worth of an impressive $14.2 billion. Other African billionaires that made the list include Patrice Motsepe and Mike Adenuga.

The 2023 Forbes Billionaires List is a testament to the growing wealth and success of black people around the world. As the list continues to grow, it is clear that black people are becoming an increasingly powerful force around the globe.

Here are the Black people on Forbes 2023 Billionaires’ list…

# 1. Aliko Dangote

# 124
-Net worth: $14.2 B
-Industry: Manufacturing
-Profile: Aliko Dangote acquired his wealth through his successful career as a businessman and entrepreneur in the manufacturing and commodities industries. He is the founder and chairman of the Dangote Group, a Nigerian conglomerate with interests in cement, sugar, flour, and other products. The Dangote Group has become one of the largest industrial conglomerates in Africa, with operations in Nigeria and other African countries. Dangote is known for his strategic investments and focus on innovation, which has helped the Dangote Group grow rapidly over the years. He is also involved in philanthropy, including supporting education and healthcare initiatives in Nigeria and other African countries through the Dangote Foundation. As of 2023, Aliko Dangote’s net worth is estimated to be around $14.2 billion, making him the richest person in Africa and one of the richest in the world.

# 2. Abdulsamad Rabiu

# 249
-Net worth: $8.3 B
-Industry: Diversified
-Profile: Abdulsamad Rabiu acquired his wealth through his successful career as a businessman and entrepreneur in the manufacturing and energy industries. He is the founder and chairman of BUA Group, a Nigerian conglomerate with interests in cement, sugar, flour, and other products. BUA Group has become one of the largest industrial conglomerates in Africa, with operations in Nigeria and other African countries. Just like Dangote, Rabiu is involved in philanthropy, focusing on supporting education and healthcare in Nigeria and other African countries through the Abdul Samad Rabiu Initiative. As of 2023, Abdulsamad Rabiu’s net worth is estimated to be around $8.3 billion.

# 3. Robert F. Smith

# 261
-Net worth: $8 B
-Industry: Finance and Investments
-Profile: United States’ Robert F. Smith acquired his wealth through his successful career as a businessman and investor in the technology industry. He is the founder and CEO of Vista Equity Partners, a private equity firm that specializes in investing in enterprise software companies. Vista Equity Partners has become one of the most successful private equity firms in the world, with a portfolio of companies that includes major players in the technology industry like Finastra, Marketo, and Ping Identity. Smith is known for his strategic investments and focus on operational improvements, which have helped Vista Equity Partners generate strong returns for its investors. He is also involved in philanthropy, including supporting education and social justice initiatives through the Robert F. Smith Foundation. As of 2023, Robert F. Smith’s net worth is estimated to be around $8 billion.

# 4. Mike Adenuga

# 418
-Net worth: $6.1 B
-Industry: Diversified
-Profile: Mike Adenuga acquired his wealth as a businessman and entrepreneur in the telecommunications and oil industries. He founded the telecommunications company Globacom in 2003, which has since become one of the largest mobile phone networks in Nigeria and across Africa. Adenuga is also the founder of the oil exploration company Conoil Producing, which operates on the African continent. He is known for his strategic investments and partnerships, including with major multinational companies like Total and Chevron. Adenuga is also involved in philanthropy and has made significant donations to education, health, and other social causes in Nigeria and other African countries. As of 2023, Mike Adenuga’s net worth is estimated to be around $6.1 billion.

# 5. David Steward

# 425
-Net worth: $6 B
-Industry: Technology
-Profile: David Steward acquired his wealth as a businessman and entrepreneur in the technology industry. He co-founded the IT services company World Wide Technology (WWT) in 1990, which has since become a leading provider of technology solutions to large corporations and government agencies. Steward is known for his strategic leadership and focus on customer service, which has helped WWT grow rapidly over the years. He has also been involved in various other business ventures, including real estate and finance, and serves on the boards of several companies and organizations. Steward is also involved in philanthropy, as he supports education and healthcare initiatives in his hometown of St. Louis, Missouri in the United States of America. As of 2023, David Steward’s net worth is estimated to be around $6 billion.

# 6. Patrice Motsepe

# 1104
-Net worth: $2.7 B
-Industry: Metals and Mining
-Profile: South Africa’s Patrice Motsepe acquired his wealth through his successful career as a businessman and entrepreneur in the mining industry. He founded the mining company African Rainbow Minerals (ARM) in 1997, which has since become one of the largest mining companies in South Africa, with interests in gold, platinum, and other minerals. Motsepe is known for his strategic investments and partnerships, including with major mining companies like Anglo-American and Glencore. He has also been involved in other industries, including finance, healthcare, and sports, and serves as the president of the South African football team Mamelodi Sundowns. Motsepe is also involved in philanthropy and has pledged to donate half of his wealth to charitable causes through The Giving Pledge initiative. As of 2023, Patrice Motsepe’s net worth is estimated to be around $2.7 billion.

# 7. Oprah Winfrey

# 1217
-Net worth: $2.5 B
-Industry: Media and Entertainment
-Profile: Oprah Winfrey acquired her wealth through her successful career as a talk show host, media executive, and philanthropist. She first gained national attention with her talk show, “The Oprah Winfrey Show,” which aired for 25 seasons and became one of the highest-rated television shows in history. Winfrey later founded her own media company, Harpo Productions. She has also been involved in other business ventures, including publishing, film production, and a stake in Weight Watchers. In addition to her career success, the American is known for her philanthropy. She founded the Oprah Winfrey Leadership Academy for Girls in South Africa and has donated millions to education, health, and social justice causes. As of 2023, Oprah Winfrey’s net worth is estimated to be around $2.5 billion.

# 8. Jay-Z

# 1217
-Net worth: $2.5 B
-Industry: Media and Entertainment
-Profile: Jay-Z might be the definition of a diversified portfolio. In addition to his media company Roc Nation, the “99 Problems” US rapper also has investments in Armand de Brignac champagne, D’Ussé cognac, and an extremely valuable fine art collection contributing to his now $2.5 billion worth. He recently sold his controlling stake in D’Ussé for $750 million, making him far and away the wealthiest figure in rap.

# 9. Michael Jordan

# 1516
-Net worth: $2 B
-Industry:
-Profile: Michael Jordan acquired his wealth through his successful basketball career and various business ventures. Widely considered one of the greatest basketball players of all time, Jordan won six NBA championships and numerous individual awards throughout his career. He also made history as one of the first athletes to sign lucrative endorsement deals, including with Nike, which released the popular Air Jordan sneaker line. Jordan’s business ventures also include ownership stakes in the NBA’s Charlotte Hornets, as well as various investments in real estate, restaurants, and other companies. He’s involved in philanthropy — donating to education and health organizations. As of 2023, Michael Jordan’s net worth is estimated to be around $2 billion.

# 10. Strive Masiyiwa

# 1575
-Net worth: $1.9 B
-Industry: Telecom
-Profile: Strive Masiyiwa acquired his wealth through his work as a successful entrepreneur and businessman in the telecommunications industry. He was born in Zimbabwe and started his career as an engineer before launching his own company, Econet Wireless, in 1998. Masiyiwa faced significant challenges in launching his business, including a government monopoly on telecommunications in Zimbabwe, but he persevered and built Econet into one of the largest mobile network operators in Africa. In addition to his work in telecoms, Masiyiwa has been involved in other industries, including banking, insurance, and renewable energy. He is also known for his philanthropic efforts. For instance, he founded the Higherlife Foundation which provides education and scholarships to young people in Africa. As of 2023, Strive Masiyiwa’s net worth is estimated to be around $1.9 billion.

# 11. Rihanna

# 2020
-Net worth: $1.4 B
-Industry: Fashion and Retail
-Profile: Rihanna acquired her wealth through her successful music career and various business ventures. The Barbadian-American first rose to fame in the mid-2000s with hits such as “Pon de Replay” and “Umbrella” and has since become one of the best-selling musicians of all time. In addition to her music career, Rihanna has also launched successful fashion and beauty lines, including Fenty Beauty and Savage X Fenty. Fenty Beauty, in particular, has been a major success, with its inclusive range of makeup shades and innovative marketing strategies. Rihanna has also been involved in philanthropy, including founding the Clara Lionel Foundation, which supports education and health programs in underserved communities. As of 2023, Rihanna’s net worth is estimated to be around $1.4 billion.

# 12. Michael Lee-Chin

# 2020
-Net worth: $1.4 B
-Industry: Finance and Investments
-Profile: Michael Lee-Chin acquired his wealth through his work as a successful investor and businessman. He was born in Jamaica and moved to Canada in the 1970s, where he worked a series of jobs before starting his own investment firm, AIC Limited, in 1987. Lee-Chin’s investment philosophy focused on long-term growth and value investing, and he quickly built a reputation as a skilled investor. He later founded Portland Holdings, a privately held investment company with holdings in various industries, including finance, tourism, and telecommunications. Lee-Chin has also been involved in philanthropic efforts, including a major donation to the Royal Ontario Museum in Toronto. As of 2023, Michael Lee-Chin’s net worth is estimated to be around $1.4 billion.

# 13. Alexander Karp

# 2113
-Net worth: $1.3 B
-Industry: Technology
-Profile: America’s Alexander Karp acquired his wealth through his work as the co-founder and CEO of Palantir Technologies, a data analysis company that provides services to government agencies and large corporations. Karp has a background in philosophy and law and co-founded Palantir in 2003 with a team of computer scientists and engineers. The company’s software has been used in a wide range of applications, including counterterrorism efforts, disaster response, and financial fraud detection. Palantir went public in 2020, and as of 2023, Karp’s net worth is estimated to be around $1.3 billion.

# 14. Tiger Woods

# 2405
-Net worth: $1.1 B
-Industry: Sports
-Profile: Tiger Woods acquired his wealth primarily through his highly successful golf career and various endorsement deals. The American turned pro in 1996 and quickly became one of the top golfers in the world, winning numerous championships and setting records along the way. Woods also made history as the first athlete to earn over $1 billion in career earnings, largely due to his lucrative endorsement deals with brands such as Nike, Gatorade, and Rolex. As of 2023, Tiger Woods’ net worth is estimated to be $1.1 billion.

# 15. LeBron James

# 2540
-Net worth: $1 B
-Industry: Sports
-Profile: LeBron James acquired his wealth primarily through his successful basketball career and various business ventures. James is also a savvy entrepreneur, investing in various companies and startups, including the pizza chain Blaze Pizza, which has since become a billion-dollar franchise. He also has endorsement deals with major brands such as Nike, Coca-Cola, and Beats by Dre. In addition, James has his own media company, SpringHill Entertainment, which produces films, TV shows, and documentaries. As of 2023, LeBron James’ net worth is estimated to be $1 billion, making him one of the richest athletes in the world.

# 16. Tyler Perry

# 2540
-Net worth: $1 B
-Industry: Media and Entertainment
-Profile: Tyler Perry acquired his wealth primarily through his work as a writer, actor, producer, and director in the entertainment industry. The American has also made wise business decisions, such as owning his own production company and studio, which have helped to increase his wealth. As of 2023, Tyler Perry’s net worth is estimated to be $1 billion, making him one of the richest people in the entertainment industry.

This article is reprinted with permission from StyleRave.com. Please see this link for full article, photos and other links: https://www.stylerave.com/black-billionaires-2023/

13/04/2023

22/11/2021

Another Hyper-realistic PAINTING by Silas Onoja. This young talented man keeps AMAZING us. Africa is Indeed Talented 😍

AfricaGotTalent

21/09/2021

Meet - Favour Oluma, inspirational Furniture Maker from Abuja, Nigeria. She makes adorable and comfortable furniture out of used tyres for homes, hotels and outdoors.

For enquiries & orders:
Call/WhatsApp: +2348065709564

26/08/2021

"We had 35 hectares of land ,three weeks ago I took up the money I had saved up towards buying myself a fancy car and expanded the farm to 50 hectares. My Dad once told me "Corporate allows us an opportunity to sponsor our dreams , it is not the dream itself. The dream is to build a corporate of your own." I carry these words with me daily , I always allow them to make me uncomfortable with were I am and what I have. These words are the reason why I am a full-time employee part time post grad' student and entrepreneur. These words are the reason why I can only see my friends once in a while rather than every weekend , why driving the car I want is too expensive as it put me away from "building my own", why I am selective about the thoughts I allow in my space , why I settle for what I can reach is never an option. I employ 17 , directly contributing 11 household income , me a girl from Sebokeng. I am humbled by what my life is becoming..."

07/06/2021

Genius!!!

17/05/2021

Meet Ntsiki Biyela, the first black woman winemaker in South Africa. Aslina Wines is 100% owned by her. This is black excellence. Hundred points symbol

26/04/2021

Instead of “Follow your passion” or “Follow your bliss,” my bumper-sticker career advice is “Follow your blisters.”

05/04/2021

Someone asked me, "should I invest in Pick n Pay because it is only about R50 per share and that's very cheap?".

I said, "not so fast".

You don't judge whether a share is cheap by simply looking at it's share price. A share that is R300 could be cheaper than a share that is R50 depending on the VALUE & QUALITY of the business. For example a boiled chicken egg that costs R100 would be too expensive while a brand new iPhone 12 that costs R5 000 would be dirt cheap. Get it?

When you buy shares of companies, you are investing in real businesses. You are NOT investing in a green or red number on a graph or computer.

Before buying shares of a particular company, ask yourself if you would buy the entire company if you had enough money to do so. What things would you look at before you decide to buy that business?

You would look at things like:

- What goods and services the business provides.

- Does the business provide goods and services that are NEEDED by the majority of the population or other big businesses?

- Is the industry that the business falls under a growing industry or is it one that will soon disappear and be replaced by modern ones?

- What about the income of the business? Have they been increasing revenue over the years?

- What percentage of that revenue does the company keep as profit?

- Are the profits increasing or decreasing every year?

- What about the businesses' assets and liabilities? Do they have a healthy balance sheet (assets - liabilities) or do they have very little assets and too many liabilities?

- What about debt? Does the business rely too much on debt and is most of their income spent paying back interest on debts?

- How does that particular company compare to it's competitors? In the case of Pick n Pay, how do it's financials, balance sheet, return on investment etc. compare with it's competitors like Shoprite, Woolworths, Spar etc?

These are just a FEW things that you need to have a look at BEFORE you buy shares of any company.

If you don't have time or are simply not interested in scanning through income statements, balance sheets, quarterly and annual reports of different companies, you can simply invest in Exchange Traded Funds (ETFs).

ETFs are funds that are made up of shares of many different companies. ETFs are sold on the stock market just like normal shares. For example, an S&P 500 ETF is a fund that is made up of 500 of America's biggest companies (e.g. Google, Facebook, Netflix, Amazon, Pfizer, Nike, Coca-Cola, McDonald's, Mastercard etc), a top 40 ETF is a fund that is made up of South Africa's biggest companies (e.g. Vodacom, MTN, Capitec Bank, Shoprite, Discovery, Clicks, Sasol, Multichoice etc). When you buy an ETF, your money is automatically invested in those companies. With ETFs, companies are pre-selected by fund managers and all the hard work has already been done for you and you earn the average returns of all the companies that make up that fund without breaking a sweat.

There are over 300 companies and about 78 ETFs on the JSE alone. You cannot invest in all of these. So how will you choose which companies or ETFs to invest in? I wrote an ebook (R50) that has useful tools to help you to choose companies or ETFs to invest in. Whatsapp me on 072 586 2827 to buy your copy.

30/03/2021

Meet - Dr. Dambisa Moyo, inspirational and trailblazing Zambian born Global Economist, Investor, Author, Speaker, World Traveler and Marathon Runner. She is a well respected pre-eminent thinker, who influences key decision-makers in strategic investment and public policy.

She has earned a strong reputation as a top-tier opinion former and trusted advisor on Macroeconomics, Geopolitics, Technology and Millennial themes. She is a Board member of 3M and Chevron.

Dr. Dambisa Moyo holds a Doctor of Philosophy (PhD) in Economics from the University of Oxford, a Master of Public Administration (MPA) from Harvard University, MBA and Bachelor of Science in Chemistry & Finance from American University.

She is recognized for fresh and innovative ideas as the Author of four (4) New York Times Bestselling Books - Edge of Chaos, Winner Take All, How the West Was Lost and Dead Aid: Why Aid is Not Working and How There is a Better Way for Africa.

She was named to the list of Time 100 Most Influential people in the world; writes for the Financial Times, WSJ, Barron's, Harvard Business Review and has travelled to 80 countries.