Black Billionaires: Who Made the Forbes List This Year?

3. Robert F. Smith – $5.2 Billion

Investing creates another black billionaire, number three on this list – Robert F. Smith. Smith owns a private equity firm, Vista Equity Partners, and consistently generates a 30% ROI for his clients. (Maybe I should consider investing with him…). Aside from his work, Smith is an avid philanthropist and his efforts helped to secure Martin Luther King Jr.’s home for preservation.