Personality traits of wealthy black women include; ambition, influence, resilience, and confidence. These traits have propelled them to become very influential in the lives of those they integrate with. It’s what has made them millionaires.
These 7 Wealthy black women are often confident, ambitious, and focused on success. They are also very educated, intelligent, and have high self-esteem.
This article will explore seven top personality traits of 7 wealthy black women and how these traits affect their lives in society today.
Carla Harris – Confidence
Cara Harris is a confident woman. She is a wealthy black woman who excels in the male-dominated fields of law and finance. She practices law in NYC and has worked in various positions in finance. She was born to Jamaican parents and raised in New York to become a Jamaican Citizen later.
In her legal practice, she represented everyone from Beyoncé to Sean Combs for charges related to the Federal Money Laundering Control Act of 1986. She became an expert on this after being mentored by Preet Bharara. As an attorney, her areas of specialization include white-collar crime, compliance, entertainment, media & sports law (EMLS).
Harris graduated from Hampton University with a Bachelor’s degree.
Oprah Winfrey – Ambition
Oprah Winfrey is an ambitious black woman. After being rejected 37 times, she became a TV star.
Oprah Winfrey is best known for her talk show, The Oprah Winfrey Show, which aired in 1986 for 25 years. The show was ranked the highest-rated program of its kind in history, with an estimated audience of 45 million viewers weekly. She’s also a co-founder of the television network OWN: Oprah Winfrey Network.
Condoleezza Rice – A Go Getter
Condoleezza Rice is a powerful and influential woman with a net worth of $60 million US dollars. She is the first African-American female Secretary of State.
Condoleezza Rice was born in Birmingham, Alabama, on November 14, 1954. She grew up in Denver, Colorado, with her family while her father was employed at Stanford University as a professor of economics.
Her parents encouraged their daughter to pursue any career she wanted for all of her life. Her mother also told her that there were no limits to success for African Americans in America, which influenced Condoleezza Rice’s life immensely.
Donna Brazile – Influential
Donna Brazile is one of the most influential African-Americans. She served as the chairperson for the Democratic National Committee and is an American politician and political activist best known for her time as a CNN contributor.
She was the first African American woman to direct a significant campaign.
She was born on December 27, 1959, in Youngstown, Ohio. Brazile has authored several books, including “Cooking with Grease: Stirring the Pots in American Politics” (2007) and “Donna’s Cookbook: A Memoir With Recipes” (2010).
Serena Williams – Knew Her Value
Serena Williams has become a cultural icon because of her willingness to speak openly about issues of gender and race.
Williams is arguably the most successful African-American female athlete in history. Williams has won 33 singles titles, including 19 Grand Slams, two Olympic gold medals, and 10 WTA Championships. Williams is also the youngest player in the open era to have won a singles title at Wimbledon, aged 17 years and nine months, in 1999.
Some commentators have criticized Williams for being neither feminine nor traditionally attractive. More recently, Williams has been ranked by Forbes as the highest-paid female athlete with earnings of over $18 million between June 2017-June and 2018 and one of the most influential people in the world for corporate image.
Madame CJ Walker – Resilience
The first millionaire black woman was Madame CJ Walker, an entrepreneur born to formerly enslaved people.
Madame CJ Walker is the hair care company founder of Madam C. J. Walker Manufacturing Company, which she started in 1906.
After she accidentally lost a fortune in the stock market crash of 1929, she began a philanthropic campaign to help other African-American professionals and entrepreneurs become successful, donating her life savings to start The National Association of Colored Women’s Clubs.
In 2017 Forbes magazine ranked Madam C. J. Walker number one on its list of America’s Self-Made Women Billionaires, with a net worth of $250 million.
Beverly Johnson – Inspiring Hope
Beverly Johnson is a model, actress, and author. She was the first black woman to appear on the cover of Vogue in America in 1974.
Born in Tennessee in 1951, Johnson moved to New York City when she was sixteen and became a fashion model. In the 70s, she appeared on more than 300 magazine covers and became a household name worldwide.
Her modeling career continued till her last appearance at age 46 in 1986 for Essence Magazine’s model search contest. This contest inspired another generation of black models from different ethnic backgrounds to explore their beauty and represent themselves without any regrets or self-doubt.
She has been featured prominently as a strong African-American woman who has found success through her versatility across careers.
Wealthiest Black Women in America
Here is a list of self-made black businesswomen in America who have survived the storm while lowering barriers and boosting female involvement in industries with a male preponderance.
Oprah Winfrey
According to Forbes, the richest Black woman in America is a talk show host turned media mogul Oprah Gail Winfrey, who has a net worth of $2.5 billion. After 25 years of broadcasting her popular talk show, Oprah has turned it into a media and commercial empire.
The prominent media tycoon has invested earnings from her program and earnings from movies like “Beloved” “Color Purple,” and “Selma” into significant holdings and businesses of the media sector to protect and increase her fortune over time.
Robyn “Rihanna” Fenty
The second-richest Black woman in the United States is Robyn “Rihanna” Fenty, a well-known musician and cosmetics tycoon who has been named the world’s youngest Black billionaire. Her net worth is $1.7 billion.
Most of her $1.7 billion fortune comes from her possession of Fenty Beauty, a fast expanding cosmetics brand which sells her skincare and makeup products online to more than 150 countries and on Sephora shelves in the Middle East, Malaysia, Thailand, Australia, Singapore, France, Spain, Canada, and the United States.
As a result of a partnership with the French luxury goods corporation LVMH Mot Hennessy Louis Vuitton, Rihanna’s cosmetics brand made its debut in 2017.
Sheila Johnson
With a net worth of $780 million, Sheila Johnson, an American entrepreneur who co-founded the cable TV network BET, or Black Entertainment Network, in 1979, is one of the wealthiest Black women in the world, according to Forbes.
Johnson was the first African-American woman to acquire a net worth of at least $1 billion, but in recent years, her wealth has decreased from $1 billion to $780 million.
Janice Bryant Howroyd
One of the wealthiest Black women in the world, Janice Bryant Howroyd created ActOne in 1978 with $1,500 and today has a net worth of $630 million.
At the time this report was written, Howroyd’s net worth was $630 million, up from $285 million in 2020. She also owns a sizable number of homes and rental properties for businesses.
Beyonce Knowles
Beyonce Knowles, one of the richest women in the world with a net worth of $450 million, earned a large chunk of her wealth as a musician.
Along with her successful music career, Beyonce has launched numerous clothing lines, the most recent of which is the activewear label Ivy Park, which has an ongoing collaboration with the German multinational sportswear manufacturer Adidas.
Emma Grede
Good American is a high-end clothing brand with a comprehensive and inclusive size range that supports a healthy body ideal. Its creator and CEO is Emma Grede.
She co-founded the business with Khloe Kardashian in 2016. Sales of more than $1 million on the launch of Good American in October 2016 made it the biggest launch in history, indicating a void in the market before Good American’s entry.
Serena Williams
Serena Williams is one of the richest women in the world with a net worth of $260 million, has been plagued by injuries as she strives for a record-tying 24th Grand Slam singles victory.
Williams has invested through her company, Serena Ventures, in more than 60 businesses despite having won $94 million in career prizes, more than any other female athlete. In March 2022, her company raised a first $111 million financing.
Closing Thoughts
Attaining millionaire status is not a mean achievement, more so if you’re a black woman.
Some wealthy black women are often stereotyped as aggressive, bossy, and domineering.
However, these examples of black women demonstrate remarkable characteristics of the African-American community. Wealthy black women are more likely to be in charge of their households and have a higher net worth than other groups in the African-American community.
These wealthy black women are complex. They also have a fierce pride in themselves and their culture that is unmatched.
They are always on the lookout for new opportunities and learning new things.