Give Way Oprah: Nigerian Oil Tycoon Alakija, Becomes Richest Black Woman

Must Read

See The Numbers To Call If You Suspect Cases Of Coronavirus Around You

According to a report obtained from The Nation, the Lagos Speaker Mudashiru Obasa has urged residents of the state to...

LAUTECH Inducts 52 As Medical Doctors

According to reports, the Ladoke Akintola University of Technology (LAUTECH), Ogbomoso has inducted 52 graduates as medical doctors.The event...

Coronavirus: 28 Persons Identified, Quarantined In Ogun After Contact With Italian Patient

Not more than 28 persons have been reportedly been identified and kept in isolation in Ogun State for the...

Repentant Terrorists To Enjoy Foreign Education – Senate Bill

According to reports, Senator Ibrahim Gaidam proposed Boko Haram rehabilitation bill will make the Universal Basic Education Commission (UBEC)...

Europa League Round Of 16: See Full Draw

The draw for the Europa league has been made at an award ceremony on Friday following the conclusion of...
daniel
Ardent Reader, News Freak, Socio-Political Commentator, Archaeologist & Pro-Democrat.

folorunso-alakijaFashion designer turned oil tycoon, Chief (Mrs) Folorunsho Alakija, is now officially the richest black woman in the world with an estimated net worth of $7.3 billion.

To sit atop that envious position, Alakija, 62, had to displace media mogul, Oprah Winfrey, who has an estimated fortune of $2.9 billion, according to Forbes.

Currently, Africa boasts 55 billionaires and they’re worth a staggering $143.88 billion in total, according to pan-African magazine, Ventures Africa.

Mother of four, Alakija, started her career as a secretary in a bank in the mid-1970s, then ventured into Fashion designing before she finally tried her hands on the booming oil business – where she had her biggest break.

In 1993, her company, Famfa Oil, was awarded an oil prospecting license, which later became OML 127, one of Nigeria’s most lucrative oil blocks.

According to Ventures Africa reports, Mrs. Alakija’s company owns a 60 per cent stake in the block, valued at around $7.3 billion.

- Advertisement -
Ad ==> Discover how a young Nigerian graduate now makes a consistent 40k per week doing a legitimate online business. You too can start yours now, click here!!!

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More Articles Like This

- Advertisement -