Sports stars dominate the list compiled by Black Enterprise magazine, with Woods top of the pile courtesy of his estimated $54million (EUR55.32m) a year endorsement earnings.
Says a spokesman for the magazine: "Powerhouse endorsers like Woods can deliver a product message successfully to urban markets while also drawing general audiences because of their extraordinary celebrity.
"It is estimated that, by 2006, the buying power of affluent African Americans will reach $292.4bn (EUR299.5bn), with the entire African American market totalling $682.5bn (EUR699bn) ."
The magazine's top ten are:
1. Tiger Woods (golf)
2. Venus Williams (tennis)
3. Michael Jordan (basketball)
4. Shaquille O'Neal (basketball)
5. Allen Iverson (basketball)
6. Kobe Bryant (basketball)
7. Serena Williams (tennis)
8. George Foreman (boxing)
9. James Earl Jones (actor)
10. Tom Joyner (talk show host)
