Step aside Oprah Winfrey, Nigerian oil tycoon, Mrs. Folorunsho Alakija, is now
the richest black woman in the world with an estimated fortune of $7.3 billion.
the richest black woman in the world with an estimated fortune of $7.3 billion.
According to Forbes, Oprah Winfrey is worth $2.9 billion. Africa boasts 55
billionaires and they’re worth a staggering $143.88 billion in total, according
to pan-African magazine Ventures Africa.
Alakija started her career as a secretary in a bank in the mid 1970s. She then
studied fashion in London and returned to Nigeria to start a label, Supreme
Stitches.
studied fashion in London and returned to Nigeria to start a label, Supreme
Stitches.
But her biggest break came in oil. In 1993, her company, Famfa Oil,
was awarded an oil prospecting license, which later became OML 127, one of
Nigeria’s most prolific oil blocks.
was awarded an oil prospecting license, which later became OML 127, one of
Nigeria’s most prolific oil blocks.
The company owns a 60-per-cent stake in the block, valued at around $7.3
billion, Ventures Africa has reported.
