Nigerian oil tycoon Folorunsho Alakija is now the richest black woman in the world with an estimated fortune of $7.3 billion.
Mother-of-four, Alakija, 62, unseats Oprah Winfrey as the richest black woman in the world.
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, Alakija, 62, then 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.
The company owns a 60 per cent stake in the block, valued at around $7.3 billion, Ventures Africa reports.
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