[Note from Pumpkin Person, July 5, 2018: A previous version of this article greatly underestimated the number of 55 to 69-year-old Nigerians]
According to Forbes 2018 listing of the World’s billionaires, there are only three black billionaires in America (Oprah, Michael Jordan, Robert Smith) and only three black billionaires in Nigeria (Aliko Dangote, Mike Adengua, and Folorunsho Alakija).
Now at first glance, you might think it’s easier to become a black billionaire in America because the U.S. has a much smaller black population than Nigeria has, yet still produced the same number of black billionaires. But this ignores the different age structure of the two countries. If we limit ourselves just to people in the age group of the above mentioned six individuals (55 to 69), then we find America has about 5 million blacks in this age group, and Nigeria has about 10.2 million.
So the odds of a black person in the billionaire age group actually being a billionaire are about one in 1.7 million in America vs one in 3.4 million in Nigeria. So the same black person should find it harder to become a billionaire if they were born in Nigeria as they would if born in America.
Of course the problem with this analysis is that if you were born in Nigeria, you would not be the same person. Third World malnutrition and disease stunt the development of the brain and body. A Nigerian born Michael Jordan would have been 6’4″ instead of 6’6″, making his basketball empire that much less likely, especially since his brain would have been smaller too, shrinking his physical coordination and business sense.
So part of what makes it so hard to get rich in the Third World is that you don’t reach your physiological potential, physically or mentally, however if you do, I’d say it’s probably much harder to get rich in the United States because you’re competing against other people who have also reached their physiological potential (and cultural potential too). So a young black adult raised with no cultural links to either the U.S. or Nigeria would be much better off moving to Nigeria if his only goal was to become a billionaire.
Pumpkin Person 
So you get lucky in Nigeria reaching your potential not starving and you use this nutritional factor to get ahead of your peers? In America practically everyone is equal and no one stands out. Its easier to stand out cognitively in Nigeria and become a billionaire because of nutritional factors makes you lucky and unequal unlike brain food in America making everyone equal and you do not stand out?
Ceteris paribus, given the same cognitive & physical phenotype; it’s easier to get rich in nigeria because you’re competing against malnourished people
But ceteris paribus, given the same genotype, it’s a bit easier to get rich in America because you get to reach your genetic potential
Its easier in america. Count the number of american billionaires vs pop. And the number of nigerians vs pop. Throw in the magic negro factor that made Jordan and Oprah and Diddy billionaires that wouldn’t exist in nigeria.
Most black celebs earn most of their money in promotional and endorsements in America. Not actually running businesses.
Tiger Woods another example. But I dont think he ever became a billionaire.
Not a billionaire & technically not even black
Tiger Woods made millions being a magic negro. What are you talking about? Ofc hes black.
He made millions by being a “black” dominating a white sport. A white dominating an equally popular black field would be majic too. Look at Elvis & Eminem.
Obama & Oprah were the same. First blacks to dominate media & politics respectively. The magic negro effect is mostly just the kudos you get for being a pioneer. Since blacks were historically shutout, it’s more historic when they accomplish stuff. The second black president will not be magic (unless she’s a woman)
So now youre saying Elvis and Eminem were magic crackers? Ridiculous. Tiger made money from being black. Why do you think he was meeting obama so much and the jewish media fawned over it. Read the articles about Tiger Woods that the jews wrote. Mentioned hes black every single time. ‘A beacon of black hope’ type stuff. Nobody wrote articles about Eminem and Elvis being a ‘symbol of hope’ for whites.
So a handful of blacks get positive coverage in the media after they do something historic. Big deal. Doesn’t make up for the millions of people who hate them for being successful and black. The reason black luminaries are so gushed over is cause there are so few of them. There are 1 billion blacks looking for role models and when demand dwarfs supply, market value goes up. Same reason Trump’s political stock is so high. There are so few openly racist elites that folks are worshiping the only one.
And yes, Jewish elites encourage black success, but that doesn’t mean blacks don’t earn it. Business and politics are a team sport and some blacks and Jews have formed a mutually beneficial partnership. Jews benefit by no longer being the only minority elites and blacks benefit by being brought into the elite, though typically with much less wealth and influence than Jews.
You constantly say blacks are only successful because of Jews, yet never see the flip side of the coin: Jews are successful partly because of blacks. Jews wouldn’t be helping them if it wasn’t good for them too.
And it’s only in the last 20 years that being black has been anything but a stigma. Why do you think so many blacks have bleached their skin? And Elvis got way more respect from the media than Michael Jackson did when he was alive. I don’t know if that’s because the media was less Jewish in MJ’s day or if it’s because MJ wasn’t seen as black enough by liberal elites.
Why are you spelling magic like that?
eminem is a magic cracker in the eyes of black (and other) rappers…
“”One thing that stuck with me is that Eminem is not to be fucked with ever in hip-hop, ever.” -The Game
“”Eminem is nasty, man. I don’t care what color he is. I don’t care about none of that. Real artists respect real artists, man…I tell people to this day. If Em was black, he’d be the next Muhammad Alive, man.” – Rakim
“”There’s always been white rappers. It’s nothing new under the sun. There’s only been one with worldwide success and longevity. You know who that is—Marshall.” – Yelawolf
“That nigga’s damn-near like the best rapper out here when it comes to technique, technical rhyming, wordplay, and shit like that.” – Tech9
It isn’t ‘ridiculous.’
People enjoy underdogs and celebrate their success.
That’s why blacks who do make it are lauded. Anyone who isn’t a moron understands what any black person has to go through to be a scientist, doctor, lawyer, etc.
Such low humanistic compassion in you…
“Anyone who isn’t a moron understands what any black person has to go through to be a scientist, doctor, lawyer, etc.”
I.e. have a >100 IQ and be able to control themselves sexually around women.
So Michael Jordan is an underdog in basketball then Swanky? Such nonsense.
He was an underdog. When MJ came into basketball, and for about 40 years prior, center was the most important position in the game. No one cared about point guards. It was all about the biggest man at center (MJ isn’t particularly tall for an NBA player).
He developed several techniques for turning the shooting guard position into a high scoring position, which also happened to be very entertaining. The NBA started changing the rules of the game to further accommodate MJ’s style.
Unsurprisingly, you don’t know much about reality, so it’s nonsense to you.
“technically not even black”
What is he “technically”?
Whatever cluster he loads highest on in a hierarchical factor analysis.
What do you think that’d be? Does phenotype not matter?
“So a handful of blacks get positive coverage in the media after they do something historic. Big deal. Doesn’t make up for the millions of people who hate them for being successful and black. The reason black luminaries are so gushed over is cause there are so few of them. ”
Puppy the whole idea of the magic negro effect is that Danes hold up 1 or 2% of blacks, who they literally pick from the street in some cases, as an example to whites of why Detroit won’t happen if you let them move into your neighbourhood.
Sports stars are there on merit. But their ‘social impact’ is way out of line with anything. Jordan is a billionaire despite basketball not even being a top sport globally. Woods, Jordan, etc etc made more money in advertising and being in jewish magazines than in the actual sport they played. If they were white, they wouldn’t have made half as much money.
Same Obama…I like Obama, but he would never have been elected president with that CV if he wasn’t black. He didn’t deserve to be president anymore than any other 1st term senator.
Swanky
Theres no point talking to you. You’re a pest.
Puppy the whole idea of the magic negro effect is that Danes hold up 1 or 2% of blacks, who they literally pick from the street in some cases, as an example to whites of why Detroit won’t happen if you let them move into your neighbourhood.
Try 0.001%. And mere tokens never get super rich because they’re easily replaced
Sports stars are there on merit. But their ‘social impact’ is way out of line with anything. Jordan is a billionaire despite basketball not even being a top sport globally.
Given that African Americans totally dominate popular sports, it’s only natural that one would become the first billionaire athlete. No need for a conspiracy theory to explain that one, indeed I’m surprised it took so long for an athlete to hit the ten figure mark. Jordan made his billion too late, as you now need $2 billion to make the Forbes 400. Still never been a Forbes 400 athlete.
Same Obama…I like Obama, but he would never have been elected president with that CV if he wasn’t black. He didn’t deserve to be president anymore than any other 1st term senator.
Being black does seem to be a huge advantage when it comes to gaining status. But when it comes to gaining wealth, not so much.
Same in business btw. The CEO of Credit Suisse is a black guy who comes from Insurance. There is NO CHANCE an insurance guy gets an i bank job if hes white. Basically CS held him up as an example of why they are ‘progressive’ and ‘woke’.
The other major example in business is Dr Dre who made his millions basically endorsing some jewish guys headphones. He had nothing to do with the operations or product development. He probably can’t even work a calculator.
All the credit goes to jews who market, brainwash, advertise and ‘hustle’ value from people like certain former commenters parents to dole out money as an ‘apology’ for slavery or some other phantom that was put in their very impressionable heads. Who wants to be former ex commenters adopted parents bought black books and media to show ‘solidarity’.
All the credit goes to jews who market, brainwash, advertise and ‘hustle’ value
If Jews were responsible for black success, then 1) blacks would actually be successful; they’re the poorest racial group in America besides Native Americans, and 2) their wealth would have dramatically increased once Jews gained power. The percentage of blacks on the 400 richest Americans list has remained no more than 0.5% since 1982, despite the fact that they’re 13% of the U.S.
Of course there’s more to black success than just money, and black cultural and political capital has likely increased in recent decades, but this article was about black wealth.
If we are to go torugh the list of most successful blacks in business, politics and media, every single one is a magic negro phenomenon.
there needs to be a second nobel prize but only for black scientists.
it probably is pesky to have reality pointed out to you when it contradicts everything you wish were true.
“In the past, white men have hated white men quite as much as some of them hate the Negro, and have vented their hatred with as much savagery as they ever have against the Negro. The best educated people have the least race prejudice. In the United States the poor white were encouraged to hate the Negroes because they could then be used to help hold the Negroes in slavery. The Negroes were taught to show contempt for the poor white because this would increase the hatred between them and each side could be used by the master to control the other. The real interest of the poor whites and the Negroes were the same, that of resisting the oppression of the master class. But ignorance stood in the way. This race hatred was at first used to perpetuate white supremacy in politics in the South. The poor whites are almost injured by it as are the Negroes.”
People who are making it in society don’t care that much about race one way or the other — unless they’re politicians or need to lead/instruct low-class whites/blacks/whatever in some way, because those are the people who cling to identities like that.
magic negroes are lauded because anyone who isn’t a moron understands what any black person has to go through to be a scientist, doctor, lawyer, etc.
Most of nigeria’s population is way too young & malnourished to be a billionaire
Diddy’s not a billionaire.
Majic Negros are rare; that’s what makes them majic. Because there are so few majic slots it’s incredibly hard to land one & keep it, & even if you do, the majic negro seldom gets to keep the profits.
the best thing for black people is to move back to africa after africa’s borders have been redrawn along tribal lines.
Next pumpkin will say its easier for a black to become a billionaire in China than America.
Twice as difficult in Nigeria isn’t a valid conclusion for « the same person » but for « any black person » in each country.
For the same person, you ll have to instantiate some variables of your counterfactual comparing populations all other things staying the same.