America’s Black billionaires represent an array of industries and business ventures, the bulk of their wealth came from the sports or entertainment industries. The people on this list are worth $54.9B combined.

Art collectors are adjusting their investment strategies downwards because of the unpredictable and ongoing economic changes. 2023 saw them slash their investment portfolios to 19% from 24% in 2022. This takes a toll on the already declining Black artists’ representation in global auction sales which currently stands at at 1.9% from 2008 to mid-2022.