The 20 Richest Black Men in the United Kingdom

In the intricate tapestry of the United Kingdom’s economic landscape, the narratives of its wealthiest Black men stand out as testaments to resilience, innovation, and unyielding ambition. These stories, woven with threads of adversity and triumph, not only inspire but also redefine the paradigms of success. Let’s embark on a journey, ascending from remarkable beginnings to monumental achievements, as we explore the lives of the 20 richest Black men in the UK.

20. Raphael Sofoluke

Net Worth: Not publicly disclosed

Source of Wealth: Entrepreneurship (Founder of UK Black Business Show)

Background: Raphael Sofoluke identified a gap in the representation of Black businesses and took the initiative to bridge it. By organizing annual events that promote and celebrate Black entrepreneurship in the UK, he has created platforms that empower and inspire. His endeavors have not only spotlighted Black businesses but have also fostered a community of support and collaboration.

19. Tom Ilube

Net Worth: Not publicly disclosed

Source of Wealth: Technology and Education (Founder of Crossword Cybersecurity and African Gifted Foundation)

Background: Tom Ilube’s journey is a testament to the power of vision and dedication. With a foundation in technology, he established Crossword Cybersecurity, addressing the pressing challenges of digital security. Beyond business, his commitment to education led to the creation of the African Gifted Foundation, providing opportunities for talented young Africans, thus planting seeds for future innovators.

18. Dean Forbes

Net Worth: Approximately £40 million

Source of Wealth: Technology (CEO of Forterro)

Background: From experiencing homelessness to leading a £1.7 billion tech company, Dean Forbes’s story is one of unparalleled resilience. His ascent in the tech industry, culminating in his role as CEO of Forterro, showcases his strategic acumen and relentless drive. In 2025, he was rightfully named the most influential Black Briton, a testament to his impact and leadership.

17. Valerie Moran

Net Worth: Approximately £200 million

Source of Wealth: Financial Technology (Prepaid Financial Services)

Background: Valerie Moran’s journey in the fintech sector is both inspiring and groundbreaking. As a key figure behind Prepaid Financial Services, she has played a pivotal role in shaping the company’s direction and success. Her story underscores the significant contributions of Black women in the UK’s financial landscape.

16. Lewis Hamilton

Net Worth: Approximately £260 million

Source of Wealth: Professional Formula 1 Racing and Endorsements

Background: Lewis Hamilton is not just a name but a legacy in the world of motorsports. As a seven-time Formula 1 World Champion, his prowess on the track is unparalleled. Beyond racing, his numerous endorsements and ventures have solidified his status as one of the wealthiest athletes globally. Hamilton’s journey from humble beginnings to global stardom serves as an inspiration to many.

15. Mo Ibrahim

Net Worth: Approximately £859 million

Source of Wealth: Telecommunications (Celtel)

Background: Sudanese-born Mo Ibrahim revolutionized telecommunications in Africa with the founding of Celtel. His vision brought mobile communication to millions, transforming economies and lives. After selling Celtel, he established the Mo Ibrahim Foundation, promoting good governance and leadership in Africa, further amplifying his legacy.

14. Sir Damon Buffini

Net Worth: Approximately £250 million

Source of Wealth: Private Equity (Former Managing Partner of Permira)

Background: Sir Damon Buffini’s leadership at Permira, one of Europe’s largest private equity firms, showcases his financial acumen. Under his guidance, the firm flourished, making significant investments across various sectors. His journey from modest beginnings to knighthood epitomizes dedication and strategic brilliance.

13. Strive Masiyiwa

Net Worth: Approximately £1.087 billion

Source of Wealth: Telecommunications (Econet Wireless)

Background: Zimbabwean-born Strive Masiyiwa’s establishment of Econet Wireless marked a significant shift in African telecommunications. Facing numerous challenges, his perseverance led to the creation of a telecom giant. His philanthropic efforts, especially in education and healthcare, have further cemented his legacy as a transformative leader.

12. David Adjaye

Net Worth: Not publicly disclosed

Source of Wealth: Architecture

Background: Sir David Adjaye is a Ghanaian-British architect renowned for his innovative designs and contributions to contemporary architecture. His notable projects include the Smithsonian National Museum of African American History and Culture in Washington, D.C. Adjaye’s work seamlessly blends cultural narratives with modern design, earning him international acclaim.

11. Kanya King

Net Worth: Not publicly disclosed

Source of Wealth: Entertainment (Founder of MOBO Awards)

Background: Kanya King’s establishment of the MOBO (Music of Black Origin) Awards has been instrumental in celebrating and promoting Black music and culture in the UK. Her vision provided a platform for artists who might have otherwise been overlooked, influencing the music industry’s landscape profoundly.

10. Steve McQueen

Net Worth: Not publicly disclosed

Source of Wealth: Film and Art

Background: Steve McQueen is a British filmmaker and artist known for his powerful storytelling and visual artistry. His film 12 Years a Slave won the Academy Award for Best Picture, making him the first Black filmmaker to achieve this honor. McQueen’s work explores race, history, and human resilience, and his influence extends far beyond cinema.

9. Duro Olowu

Net Worth: Not publicly disclosed

Source of Wealth: Fashion and Design

Background: Duro Olowu is a Nigerian-British fashion designer whose bold prints and innovative designs have captivated the fashion world. His pieces have been worn by celebrities and even First Ladies like Michelle Obama. With his eye for blending African influences with contemporary style, Olowu has built a luxury brand that continues to shine on the global stage.

8. Lenny Henry

Net Worth: Approximately £10 million

Source of Wealth: Entertainment and Comedy

Background: A legend in British comedy, Lenny Henry has spent decades making audiences laugh while also advocating for diversity in the entertainment industry. As the co-founder of Comic Relief, he has also raised millions for charitable causes. His ability to blend humor with social activism has made him an icon.

7. John Boyega

Net Worth: Approximately £20 million

Source of Wealth: Film and Television

Background: Best known for his role as Finn in Star Wars, John Boyega has become one of the UK’s most influential actors. Beyond Hollywood, he is a vocal advocate for racial justice and greater representation in the film industry. His production company, UpperRoom Productions, focuses on bringing diverse stories to the screen.

6. Skepta (Joseph Junior Adenuga)

Net Worth: Approximately £15 million

Source of Wealth: Music and Fashion

Background: A pioneer in the UK grime scene, Skepta’s influence on music is undeniable. His entrepreneurial spirit has led him to successful collaborations in fashion, tech, and media. From winning the Mercury Prize to launching his own clothing line, Skepta has shown that music is just the beginning of his empire.

5. Tinie Tempah (Patrick Chukwuemeka Okogwu)

Net Worth: Approximately £10 million

Source of Wealth: Music and Business

Background: Tinie Tempah burst onto the UK music scene with chart-topping hits and later expanded into fashion and tech investments. His Disturbing London brand has evolved into a major entertainment and lifestyle company, proving that music is just a stepping stone to greater success.

4. Anthony Joshua

Net Worth: Approximately £150 million

Source of Wealth: Professional Boxing, Endorsements, and Business

Background: Anthony Joshua is more than just a boxing champion—he is a global brand. With multiple world heavyweight titles under his belt and sponsorship deals from major corporations like Under Armour and Hugo Boss, Joshua is one of the most marketable athletes in the world. His influence extends beyond sports, as he invests in real estate, tech startups, and mentorship programs for young athletes.

3. Stormzy (Michael Ebenezer Kwadjo Omari Owuo Jr.)

Net Worth: Approximately £30 million

Source of Wealth: Music, Publishing, and Philanthropy

Background: Stormzy’s meteoric rise in the UK music scene has been matched by his commitment to social change. Through the Stormzy Scholarship at Cambridge University, he is helping young Black students access higher education. His #Merky Books publishing imprint also supports underrepresented voices in literature.

2. Rio Ferdinand

Net Worth: Approximately £75 million

Source of Wealth: Football, Media, and Investments

Background: As a legendary footballer, Rio Ferdinand built a stellar career at Manchester United. But his business acumen has ensured that his success didn’t end on the pitch. With smart investments in real estate, media, and fitness, Ferdinand continues to thrive financially and remains a respected voice in sports broadcasting.

1. Aliko Dangote (Honorary UK Businessman)

Net Worth: Approximately £10 billion

Source of Wealth: Manufacturing and Industrial Investments

Background: Though primarily based in Nigeria, Aliko Dangote has extensive business ties to the UK. His investments in cement, agriculture, and oil have positioned him as Africa’s richest man. Dangote’s business dealings in London and his philanthropic contributions to UK institutions make him a significant figure in Britain’s Black business landscape.

What Can We Learn from Their Success?

These 20 men did not inherit their success—they built it. Their journeys tell us that wealth creation is not just about money but about vision, resilience, and strategic thinking.

Key Takeaways:

Diversification is Key: Many of these individuals did not stick to one industry. They expanded into multiple ventures.

Community Impact Matters: From Stormzy’s scholarships to Mo Ibrahim’s leadership initiatives, they understand that success is about giving back.

Innovation and Adaptability Win: Whether it’s Dean Forbes leading a billion-dollar tech firm or Skepta making waves in music and fashion, innovation keeps them ahead.

As the UK continues to evolve, the success of Black entrepreneurs, entertainers, and investors will shape the future. Who will be the next name to rise? The story is still being written.

Frequently Asked Questions (FAQs)

1. Who is the richest Black man in the UK?

The title of the richest Black businessman with UK ties is often associated with Aliko Dangote due to his investments in the UK. However, Mo Ibrahim and Anthony Joshua are among the wealthiest individuals based in the UK.

2. How did Anthony Joshua become so wealthy?

Joshua’s wealth comes from boxing earnings, sponsorship deals, and smart investments in real estate and tech startups.

3. What industries are most common among wealthy Black men in the UK?

Many of the wealthiest Black men in the UK have built their wealth through sports, entertainment, business, tech, and finance.

4. What impact has Stormzy had on Black entrepreneurs in the UK?

Stormzy has helped Black students access higher education through scholarships and has supported young writers through his publishing company, #Merky Books.

5. Who are some rising Black entrepreneurs in the UK?

Names like Raphael Sofoluke (UK Black Business Show) and Valerie Moran (Fintech) are among the rising entrepreneurs making an impact.

6. Why are Black entrepreneurs underrepresented in the UK’s billionaire rankings?

Historical economic disparities, lack of access to funding, and systemic barriers have limited opportunities. However, progress is being made with increased support for Black businesses.

The story of Black wealth in the UK is still unfolding, but one thing is clear: the ceiling is being shattered. These men have not only built fortunes but also changed industries, inspired future generations, and proved that excellence has no limits.

Who’s next? That’s the question the next generation of entrepreneurs, creatives, and investors must answer. The blueprint has been laid—now it’s time to build.