Introduction to black wealth creation- Top 170 books to read to become wealthy

List of best books on wealth creation and management. Top 170 books on wealth to read to become rich

Recommended by Elon Musk, Bill Gates, Warren Buffett, Jeff Bezos, etc


We can still be Afro-centric and wealthy at the same time. In fact, Afrocentrism should go side by side with wealth creation. That was the message of Marcus Garvey, even brother Amos Wilson hammered on black wealth creation in all his books and lectures.

We must learn how white people maintain the enormous wealth at their disposal today. I am not talking about "how they became rich" while we didn't. We already know the answer to that. The only time in history that Europeans became wealthier than Africa or other continents was between 1500-2022. Before the Atlantic slave trade began in the 15th century, Europeans weren't doing better than Africa or any other continent wealth-wise. 

At this point, depending on how well mis-informed you're, you'll ask: what have books on wealth creation got to do with slave trade? Or you may ask; why always blame white people? Can't we just leave the past and move on?

No, we can't forget the past because we can't understand the present unless we have knowledge about how it was created through events that happened in the past. Let me ask you a question: if I go inside your brain and wipe out knowledge of everything you've learned since kindergarten; how would you plan your life moving forward? Where will you begin?

Unless you have knowledge of the past, you won't know whether you're doing something right or wrong today. 

Capitalism as an economic system evolved fully during the Atlantic slave trade. During that period (15th-19th century) you a black man or woman reading this was in BONDage, and was used as a BOND or collateral by white people to secure loan. That's where investment in BOND evolved. And if a white man had no slaves in BONDage to guarantee repayment of his loan, he'll say to a potential investor or creditor "my word is my BOND." In other words, he's saying to the investor or creditor that he doesn't have people in BONDage (slaves) to guarantee that they'll work for him to earn money for his loan repayment but that the investor or creditor should take his word as his BOND instead. But today it just means TRUST ME. Did white people teach you that in school? 

As above, so did the stock market evolve. The first stocks were animals i.e liveSTOCKS, which actually means LIVING property or LIVING investment. I am talking about animals like goat, sheep, cattle, etc. But when the Atlantic slave trade began, black people ourselves became LIVING property that could be bought or sold by white people. Buying and selling of liveSTOCK eventually matured into co-investment businesses, whereby, two or more white people would invest in a slave trade ship going to sea. 

The business came with high risk but yielded good fortune if the ship sailed successfully from America to Africa and back to America. And sometimes back to Europe. Since it made quick money, there weren't shortage of new people joining the trade. But they must first raise money to fund the ship building and all of that, so the merchant ships always needed money from investors to fund the voyage. Few people would put money together and fund the voyage and reap the reward when the slaves got to America. And from that initial investment in slave ships, white people formed large multinational corporations owing stocks that can be traded virtually based on how much trust you have for the corporation. Some of the companies are still there today but have been renamed and now have so many subsidiaries around the world.  Example; see Multinational Corporations Their Wealth Originated From (Africa) Slave Trade.

The parent companies may not be there today but that's how corporations and investment in their stocks began. I don't want to get into all the details but I just wanted to show you how black people were left behind and out of capitalism from the very beginning but were instead the raw materials for the Multi-Trillion dollar BOND and STOCK market. That's the BIGGEST business in the world!! Yet, blacks were outsiders to the BOND and STOCK market until relatively recently. In fact, we still don't have great foothold in the business today.

So, as you can see, it means that by just being a white person alone, white people are already historically advantaged economically. That's the reason they're naturally more CAPITALIST than black people because capitalism as a method was created by them for themselves alone. It wasn't created for us, except to be used as raw materials in the process. What we're doing today is that we're competing in a system they created for themselves. Did white people teach you that in school? Enough said.

That's the importance of history. 

There's no doubt that we're historically disadvantaged economically as blacks. So, it's not as if white people are smarter. White people aren't smarter than us in making money, rather there's what I call "meta-economic" factors at play beyond seen economics. Those meta-economic factors are behind-the-scene variables that create different economic realities for individuals or group of people. They exist at the realm of CAUSE. And when it comes to between black people and white people, most of those meta-economic factors are historical and has nothing to do with being smart. 

Example; a white man can get certain job that a black man may be denied. That's not mythology. 

A white woman can easily get certain job that a black woman may be denied. That's not a myth. 

A white man can easily access certain loan that a black man may be denied. That's not a myth. 

A white woman may get certain loan that a black woman may be denied. That's not mythology. This is just a scratch on the surface of the meta-economic factors. But the result would be that a unique wealth distribution would emerge just based on race alone. I am not even talking about qualification, height, beauty, class, the school you went, your age, your ascent, dressing, location, your perfume, etc. All these even the weather are all determining wealth distribution in any given society.

Adam Smith in his book: Wealth of nations, described this meta-economic factors as creating "peculiar" wealth distribution in each society. It means that a peculiar social relationship with individuals in a peculiar society would create peculiar system of wealth distribution in that society. In fact, Smith never suggested that you should copy his ideas and paste it into another social setting. He never even called what he was writing an economic theory!! Rather he was speaking about the peculiar developing economic landscape in Europe and the new world (America). 

If you copy what Mr. Smith was saying into a different nation, without an understanding of the meta-economic factors of economics, you'll end up creating an economic disaster in your country, not because the laws of economics stopped working but they'll be working contrary to your expectations. And that's a major mistake third world countries make. They go to Europe and America and read Euro-American economic theories thinking that it's universal. I suspect third world economists would be disoriented when they make certain economic policy without getting expected result, because they'll think that the laws of economics has failed, not realizing that the laws never fail. I think this is one of the reasons third world countries can't successfully solve economic issues because they're copying economic theories developed in Europe and America and pasting into their home countries. 

I wish third world countries would understand what I just said because even Mr. Smith himself would find it naive but funny that someone copied his ideas into a different social setting, because he made it clear he was speaking of a peculiar social setting at that time in Europe and America. As a matter of fact, if you read wealth of nations, one of the most mentioned word in the book is the word "peculiar" which results from this thing I call "meta-economic" factors. Whether or not Mr. Smith realized it but that's the reason he kept hammering on the word peculiar. But that's the part nobody talks about. Of course, for the obvious reason that black people would start asking serious critical questions that nobody would answer.

However, what we need to understand is the process of wealth generation and maintenance from generation to generation. That information is not hidden because white people themselves and indeed many wealthy people from all over the world have written books detailing the process of wealth generation and maintenance. I think that's the part we're missing as a people but the books to read and learn the information are out there.

In the 1920's, a journalist named Napoleon Hill decided to interview many millionaires in the USA. His purpose was to discover their life motivation and the principle that led them to become successful millionaires. After talking to hundreds of millionaires in America in the research, he wrote a book: the law of success and another one: think and grow rich.

Surprisingly, he discovered that wealth begins in the mind and has little or nothing to do with your family background. That's the one sentence that summarizes what he discovered. It means that no matter who you're or the family background you come from, you too can become rich if you follow the same rules and principles observed by wealthy people. This has already been proved over and over again to be true, for the simple reason that people from really very poor family background also do get wealthy sometimes. As a matter of fact, the most successful set of people in the world comes from middle class income families, not wealthy homes. Ultra wealthy homes don't actually produce wealthy people, rather they just produce people who inherit wealth they didn't work for.

The reason I want to make this clear is to prepare you for wealth. You too can become wealthy once you're able to overcome the initial "meta-ecomonic" factor huddles and is able to save few thousand dollars. Because the law for further wealth generation and maintenance works for everyone. That side doesn't discriminate. and its not my assumption, rather that's what Napoleon Hill discovered after interviewing hundreds of rich people in America. He (himself) later left his career as a journalist, applied the same principle given him by wealthy people, and indeed he became rich!!

Ever since, the principle which he called "the philosophy of success" has been copied by millions of people all over the world. Guess what? Whoever copied the principle also became a millionaire or Billionaire too!!

Today, many others have done the same research just like Napoleon Hill conducted in the 1920's and the result came back as the same. In our own time, journalists and other researchers have interviewed many billionaires, such as Bill Gates, Jeff Bezos, Elon Musk, Warren Buffett, etc and they're all saying the same thing- wealth begins in the mind.

Fortunately, many authors today have put the "philosophy of success" in books for everybody to read. All you have to do is read the books and learn the principle, develop the right mental state, follow the steps, then you become rich. This sounds simplistic. But fortunately it's true.

I want to share with you the top 170 books on wealth creation to read if we blacks must become wealthy. Most of the books were recommended by wealthy people themselves for others to read. 

According to the various sources I investigated in preparing this list, Bill Gates recommended nine books, Warren Buffett recommended four books, Elon Musk recommended seven books, Jeff Bezos recommended five books. More than one hundred millionaires recommended the books that I am about to share with you. The books covers many fields of business; such as finance, investing, self development, real estate, stock market, etc. Right click on any book to read detailed description about it. 

The books are not arranged in any particular order, so you may find the books you like on the top or middle or bottom. But be rest assured this is the ultimate top books on wealth creation and management. You can't find a better list elsewhere.

For more information about any of the books, just right click and read the description and reviews to get an idea of what those who've read it are saying.

Below is a list of the top books on wealth creation to read if you want to become a Millionaire or Billionaire.

IMPORTANT: It doesn't matter what country in the world you come from, the following books are the greatest books on wealth creation and management and they're recommended for people from all over the world to read.

Let's get started!

1. The Millionaire Next Door: The Surprising Secrets of America's Wealthy- Thomas J. Stanley & William D. Danko

2. Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018- Vicki Robin & Joe Dominguez & Mr. Money Mustache

3. Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!- Robert T. Kiyosaki

4. The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich- David Bach

5. The Richest Man In Babylon: Original Edition- George S Clason

6. The Simple Path to Wealth: Your road map to financial independence and a rich, free life- J L Collins

7. Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series)- Napoleon Hill

8. How Much Money Do I Need to Retire?: Uncommon Financial Planning Wisdom for a Stress-Free Retirement (Financial Freedom for Smart People)- Todd R. Tresidder

9. The Bogleheads’ Guide to Investing: 2nd edition- Mel Lindauer & Taylor Larimore & Michael LeBoeuf

10. The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing- Marie Kondō

11. The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness- Dave Ramsey

12. Winning the Loser's Game: Timeless Strategies for Successful Investing, 8th Edition- Charles Ellis

13. The Millionaire Mind- Thomas J. Stanley

14. Stop Acting Rich: …And Start Living Like A Real Millionaire- Thomas J. Stanley

15. How to Be Rich- J. Paul Getty

16. Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth- T. Harv Eker

17. Creating Wealth- Robert G. Allen 

18. Expert Secrets: The Underground Playbook for Converting Your Online Visitors into Lifelong Customers- Russell Brunson

19. Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes- Tom Wheelwright

20. Building Wealth One House at a Time, Updated and Expanded, Second Edition- John Schaub

21. The Millionaire Real Estate Investor- Gary Keller

22. HOLD: How to Find, Buy, and Rent Houses for Wealth” by Steve Chader- Steve Chader & Jennice Doty & Jim McKissack

23. The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss- Ken McElroy

24. What Every Real Estate Investor Needs to Know About Cash Flow- Frank Gallinelli

25. The Due Diligence Handbook for Commercial Real Estate- Brian Hennessey

26. Loopholes of Real Estate: Secrets of Successful Real Estate Investing- Garrett Sutton

27. Every Landlord’s Legal Guide- Marcia Stewart

28. Every Landlord’s Tax Deduction Guide- Stephen Fishman J.D.

29. The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns- John C. Bogle

30. The Intelligent Investor: The Definitive Book on Value Investing- Benjamin Graham

31. Security Analysis- Benjamin Graham and David Dodd 

32. Value Investing: From Graham to Buffett and Beyond- Bruce Greenwald

33. Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor- Seth A. Klarman

34. The Most Important Thing: Uncommon Sense for the Thoughtful Investor- Howard Marks

35.  The Stock Market Cash Flow: Four Pillars of Investing for Thriving in Today's Markets- Andy Tanner

36. The Science of Getting Rich- Wallace D. Wattles

37. Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire- Michael Masterson

38. 12 Months to $1 Million: How to Pick a Winning Product, Build a Real Business, and Become a Seven-Figure Entrepreneur- Ryan Daniel Moran

39. The Slight Edge: Turning Simple Disciplines into Massive Success and Happiness- Jeff Olson

40. The Compound Effect: Jumpstart Your Income, Your Life, Your Success- Darren Hardy

41. The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime- M.J DeMarco

42. Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth- T. Harv Eker

43. The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich- Timothy Ferriss

44. Poor Charlie’s Almanac:The Wit and Wisdom of Charles T. Munger- Peter D. Kaufman

45. Common Sense on Mutual Funds: New imperatives for the intelligent investor- John C. Bogle

46. Debt-Free Living: Eliminating Debt in a New Economy- Larry Burkett

47. Die Broke: A Radical Four-Part Financial Plan- Stephen Pollan

48. Don't Sweat the Small Stuff and It's All Small Stuff: Simple Ways To Keep The Little Things From Taking Over Your Life- Richard Carlson

59. Financial Self-Defense: How to Win the Fight for Financial Freedom- Charles J. Givens

50. Flipping the Switch: Unleash the Power of Personal Accountability Using the QBQ!- John G. Miller

51. Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets- Nassim Nicholas Taleb

52. How to Make Money in Stocks: A Winning System in Good Times or Bad- William O'Neil

53. How to Make Your Money Last: The Indispensable Retirement Guide- Jane Bryant Quinn

54. How To Really Ruin Your Financial Life and Portfolio- Ben Stein

55. How to Retire Happy, Wild, and Free: Retirement Wisdom That You Won't Get from Your Financial Advisor- Ernie J. Zelinski

56. Investment Biker: Around the World with Jim Rogers- Jim Rogers

57. Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity- Garrett B. Gunderson

58. Nuts!: Southwest Airlines’ Crazy Recipe for Business and Personal Success- Kevin Freiberg

59. Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track- Phil Town

60. Personal Finance For Dummies- Eric Tyson

61. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing- Burton G. Malkiel

62. Rich Dad's Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming...And How You Can Prepare Yourself and Profit from It!- Robert T. Kiyosaki

63. Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom- Robert T. Kiyosaki

64. Rich is a State of Mind: Building wealth and happiness- Robert M. Gignac

65. Smart Couples Finish Rich, Revised and Updated: 9 Steps to Creating a Rich Future for You and Your Partner- David Bach

66. Stay the Course: The Story of Vanguard and the Index Revolution- John C. Bogle

67. Trump: The Art of the Deal- Donald J. Trump

68. The Art Of War- Sun Tzu

69. The Aspirational Investor: Taming the Markets to Achieve Your Life's Goals- Ashvin B. Chhabra

70. The Complete Guide to Managing Your Parents' Finances When They Cannot A Step-by-Step Plan to Protect their Assets, Limit Taxes, and Ensure their Wishes Are Fulfilled- Bill Swan

71. The Financial Planning Workbook: A Comprehensive Guide to Building a Successful Financial Plan (2021 Edition)- Coventry House Publishing

72. The Magic of Thinking Big: Acquire the secrets of success- David J. Schwartz

73. The Memo: Five Rules for Your Economic Liberation- John Hope Bryant

74. The Options Machine: A Proven System for Generating Wealth Employing Naked Puts & Covered Calls- Dr. Robert M. Valuk

75. The Snowball: Warren Buffett and the Business of Life- Alice Schroeder

76. The Complete Tightwad Gazette: Promoting Thrift as a Viable Alternative Lifestyle- Amy Dacyczyn

77. The Wealthy Barber: Everyone’s Commonsense Guide to Becoming Financially Independent- David Chilton

78. Wizards of Wall Street: Market beating insights and strategies- Kirk Kazanjian

79. Unlimited Power : The New Science Of Personal Achievement- Anthony Robbins

80. When Genius Failed: The Rise and Fall of Long-Term Capital Management- Roger Lowenstein

81. Winning through Intimidation: How to Be the Victor, Not the Victim, in Business and in Life- Robert Ringer

82. Work Less, Live More: The Way to Semi-Retirement- Bob Clyatt

83. You Have More Than You Think: The Foolish Guide to Personal Finance- David & Tom Gardner

84. Your Complete Retirement Planning Road Map: A Comprehensive Action Plan for Securing IRAs, 401(k)s, and Other Retirement Plans for Yourself and Your Family- Ed Slott

85. Safe Haven: Investing for Financial Storms- Mark Spitznagel

86. The Psychology of Money: Timeless lessons on wealth, greed, and happiness- Morgan Housel

87. Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple- David M Greene

88. Hustle Harder, Hustle Smarter- Curtis "50 Cent" Jackson







95. How Rich People Think- Steve Siebold




99. The one minute millionaire-Mark Victor Hansen



102. MONEY Master the Game- Tony Robbins











113. Dividend Investing Made Easy- Matthew R. Kratter







120. How to Think About Money- Jonathan Clements




















140. Grow-and-Protect Investment Strategy: Evidence and Inspiration - Revised First Edition- John K Harris





145. Black American Money 3- Dr Boyce Watkins









154. Stock Investing for Dummies- Paul Mladjenovic









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