Aliko Dangote, Mike Adenuga and Folorunsho Alakija represented Nigeria in the list.
Dangote is the only black person in the top 10 with a fortune estimated at $12.2 billion.
Saudi-Ethiopian construction magnate, Mohammed Al-Amoudi, who is worth $8.4 billion occupies the second position.
Angolan investor, Isabel dos Santos, American media mogul Oprah Winfrey and Nigerian oil woman Folorunsho Alakija are still the only black female billionaires on the FORBES billionaires list.
See top ten black billionaires found in the global list of 2,043 people as compiled by Forbes.
1.Dangote $12.2 billion (Nigeria)
2. Mohammed Al-Amoudi, $8.4billion (Ethopia-Saudi-Arabia)
3. Mike Adenuga, $6.1 billion (Nigeria)
4. Isabel Dos Santos, $3.1 billion (Angola)
5. Oprah Winfrey, $3 billion(America)
6. Robert Smith, $2.5 billion (America)
7. Patrice Motsepe, $1.81 billion (South Africa)
8. Folorunsho Alakija, $1.61 billion (Nigeria)
9. Michael Jordan, $1.31 billion (America)
10. Mohammed Ibrahim, $1.14 billion (British)