Folorunsho Alakija Unseat Oprah Winfrey As Richest Black Woman


The Nigerian oil magnate, business woman and philanthropist, Folorunsho Alakija has unseat the television goddess Oprah Winfrey has the world richest black woman. She rose from been a secretary and just around 30 or 40 years later now worth $3.3 billion.

Folorunsho Alakija is the richest black woman in the world. According to Ventures Africa, she beat Oprah by $300 million. The Nigerian oil baroness and fashion entrepreneur started her career as a secretary at a bank in Nigeria.

When she moved to England in the 80’s she studied fashion and eventually ended up starting her line called “Supreme Stitches”

The 62 year old did well with her fashion brand but the bulk of her fortune comes from the oil business. Her company Famfa Limited got an oil exploration license and they attained a 617,000-acre oil block which was highly lucrative.

Ventures Africa stated that her assets include a $46 million jet and a portfolio over $100 million.