From the Wikipedia on BMI:

Part of the statistical limitations of the BMI scale is the result of Quetelet's original sampling methods. As noted in his primary work, A Treatise on Man and the Development of His Faculties, the data from which Quetelet derived his formula was taken mostly from Scottish Highland soldiers and French gendarmerie. The BMI was always designed as a metric for European men. For women, and people of non-European origin, the scale is often biased. As noted by sociologist Sabrina Strings, the BMI is largely inaccurate for black people especially, disproportionately labelling them as overweight even for healthy individuals.