The 23 black billionaires feature on Torbs' world's billionaires list are worth a combined $96 billion.

Aliko Dangote, the founder and CEO of Dangote Group, the largest conglomerate in West Africa,

ranks as the 83rd richest person and the richest black person on the planet.

He's worth an estimated $23.9 billion, up from $13.4 billion on last year's list,

after nearly doubling his fortune with the opening of Africa's largest oil and gas refinery.

Dengote is the richest black billionaire, but he isn't the only one.

Overall, there are a record

3,028 billionaires on this year's ranking, worth a record 16.1 trillion combined. These 23

have amassed $96.2 billion in wealth, mainly from the finance, energy, and technology sectors.

David Stewart, an American IT entrepreneur, is the second richest,

worth an estimated $11.4 billion.

Private equity billionaire, Robert F. Smith,

is the third wealthiest black billionaire,

with an estimated net worth of $10.8 billion.

Palantir Technologies co-founder and CEO Alexander Carp has an estimated net worth of $10.8 billion. Palantir Technologies co-founder and CEO Alexander Karp has an estimated net worth of $8.4 billion.

And Nigerian businessman Mike Adenuga, with an estimated net worth of $6.8 billion, round out the top five.

Sheila Johnson, the co-founder of B BET, is a new black billionaire this year, as is Ereo Tabuto, the founder of a biotech firm focused on brain disorders.

NBA sixth man, Jr. Bridgman, was also poised to debut.

Bridgman amassed an estimated net worth of $1.4 billion

before his untimely death in March.

He would have joined four other black athletes on the list

who became billionaires.

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