Michael Jordan, 5 Richest Black Americans and Their Stock Picks

In this article, we will be taking a look at Michael Jordan, some of the richest black Americans and their stock picks. To see more of them, you can go directly to see Michael Jordan, 10 Richest Black Americans and Their Stock Picks.

5. Michael Jordan

Net Worth: $2 billion

Michael Jordan is most known for his basketball career, with many regarding him as the greatest all-time player in the NBA. He played for the Chicago Bulls.

Jordan’s wealth stems from his basketball career, corporate partnerships, and his ownership of the Charlotte Hornets, in which he is now selling his majority stake. He owns NIKE, Inc.’s (NYSE:NKE) Jordan brand and is an investor in, and special advisor to, DraftKings Inc. (NASDAQ:DKNG).

4. Jay-Z

Net Worth: $2.5 billion

Jay-Z is an American hip-hop artist becoming the first billionaire to come from this genre in 2019. Apart from his entertainment career, he also has lucrative liquor businesses.

Some of Jay-Z’s main investments include Uber Technologies, Inc. (NYSE:UBER), stakes in Armand de Brignac Champagne, and D’Ussé cognac.

3. Oprah Winfrey

Net Worth: $2.5 billion

Oprah Winfrey began with a talk show that has now transitioned into a media and business empire. She is an entrepreneur and philanthropist with significant investments in media and real estate.

Winfrey owns shares in Warner Bros. Discovery Inc. (NASDAQ:WBD) and WW International, Inc. (NASDAQ:WW), formerly known as Weight Watchers.

2. David Steward

Net Worth: $6 billion

David Steward founded World Wide Technology Inc., a private tech services provider. He is also the chairman of the company, of which he is a majority owner. The company’s customers include Citigroup Inc. (NYSE:C), Verizon Communications Inc. (NYSE:VZ), and the Federal Government.

1. Robert F. Smith

Net Worth: $8 billion

Robert F. Smith is an investor and the founder of Vista Equity Partners, a firm focusing on software companies.

Some of Vista Equity Partners’ holdings are Palo Alto Networks, Inc. (NYSE:PANW) and Microsoft Corporation (NASDAQ:MSFT).

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