Previous | Next
The Five Richest Black Americans Under 40
Courtesy of Fortune Magazine
1. Sean Combs (P. Diddy)
Company: Bad Boy
Entertainment
Title: Chairman/CEO/Founder
Age: 34
Wealth: $315 million
Producing, songwriting, rapping, acting on Broadway, running a successful clothing company—Combs is hip-hop's leading hyphenate.
2. Shawn Carter (Jay-Z)
Previous Rank: New this year
Company: Roc-a-Fella
Enterprises
Title: Co-Founder
Age: 34
Wealth: $286 million
Hit rapper Jay-Z not only delivers platinum albums but
also owns half of Roc-a-Fella, which produces records, "urban streetwear, "premium vodka, and ice cream.
3. Tiger Woods
Title: Golfer
Age: 28
Wealth: $295 million
While the greens haven't been
so good to him lately, the
greenbacks keep flowing:
AmEx
pitchman Woods again
leads
all athletes in
endorsement
and appearance fees.
4.Shaquille O'Neal
Company: Miami Heat
Title: Basketball Player
Age: 32
Wealth: $222 million
Getting traded to Miami
hasn't affected the big man's
endorsement contracts. Living in a state
with no income tax
won't hurt his finances either.
5. Kevin Garnett
Previous Rank: New this year
Company: Minnesota
Timberwolves
Title: Basketball Player
Age: 28
Wealth: $106 million
In 1997, Garnett signed what
was then the most lucrative deal in sports,
$126 million over six years.
The NBA MVP also
started his own
clothing line in 2002.
Previous | Next