Nigerian oil tycoon Folorunsho Alakija takes Oprah’s place as richest black woman in the world

Filed under: Business & Economics |

Mrs Folorunsho Alakija, a Nigerian billionaire oil tycoon, Fashion designer and philanthropist is now the richest black woman in the word, according to report published by Ventures Africa, an African business magazine and news services.

Alakija, 61, is worth at least $3.3 billion- contrary to a recent Forbes Magazine ranking which pegs her net worth at only $600 million. She is $500 million richer than media mogul, Oprah Winfrey, whose wealth estimated at $2.7 billion in September.

Folorunsho Alakija is the founder and owner of Famfa Oil, a Nigerian oil company which owns a 60 percent working interest in OML 127 that produces about 200,000 barrels a day.

Alakija, was born into a wealthy, polygamous Nigerian family. She started out her professional career in the mid 70s as a secretary at the now defunct International Merchant Bank of Nigeria, one of the country

22 Responses to Nigerian oil tycoon Folorunsho Alakija takes Oprah’s place as richest black woman in the world

  1. From a secretary to an oil woman!

    Mchia Michael
    December 5, 2012 at 12:54 pm

  2. Hmm

    December 5, 2012 at 12:56 pm

  3. That is good to hear. Alot will be motivated to work harder but i will advice her to be more of giver for God to crown her effforts with success hereafter…. Congratz

    December 5, 2012 at 1:06 pm

  4. a nigeria oil tycoon? hmnn!!! many water don pass through…… na so i go talkam reach ooo, u know what i mean naaa no bi nidja? anythings they happen there naa!!!!!!!!!!!!!!

    December 5, 2012 at 1:20 pm

  5. Richer than oprah am so happy, not just dat 500million$ richer a nigerian yoruba woman, words cant xpress how i feel that she is been ranked in d world richest black woman. Keep it up make more funds and also dnt forget God.

    precious Andre Williams
    December 5, 2012 at 1:34 pm

  6. I dont believe dis news

    December 5, 2012 at 1:43 pm

  7. A̶̲̥̅♏ so much impressed

    December 5, 2012 at 2:00 pm

  8. Great to hear at least we can hear one good newz 4rm nigeria even if is nt tru

    emeka etoh
    December 5, 2012 at 2:01 pm

  9. when will Africans ever cherish what they have. those that are saying they don’t believe should not be considered as Africans and should also be considered as enemies to the growth of Africa.

    samuel papa woode
    December 5, 2012 at 2:09 pm

  10. Richest black woman in in the world is a nigerian..this woman cn even loan a whole state 1 million naira each…ask urselves wt as she done to support nigeria as a whole…orphans..less priviledge…if she has leats we shld be hearing her name all over the news by now….poor people getting poorer nd rich gettin richer…ptchew

    December 5, 2012 at 2:14 pm

  11. This her wealth is a waste of nigerian resources.this money will not help anybody

    ahmed doguwa
    December 5, 2012 at 2:52 pm

  12. Incredible!

    December 5, 2012 at 2:59 pm

  13. How.?

    Daniel onuzulike
    December 5, 2012 at 3:17 pm

  14. Congratulations madam. Just share d impact.

    Fina Adams
    December 5, 2012 at 3:21 pm

  15. wat has she done to help the less privilege, anyway, congrats bt isnt abt bn richest bt abt changing and touching other life postively, b4 u could hear any white man bn ranked as the richest they would av done so many things 4 poor ones. Anyway, owo epo gbogbo wa naa ni…

    December 5, 2012 at 3:38 pm

  16. @Dammy. Igbadun your quote lol

    December 5, 2012 at 3:44 pm

  17. Im nt interested in all these thing.i wil only value a person by how much help he /she has gvn 2d less priviledge,d destitute.

    December 5, 2012 at 9:14 pm

  18. Wonderful, and I am happy for her.But don’t sit on it.Help others.

    December 6, 2012 at 3:33 am

  19. Nigeria is d richest in African. Our leaders use our wealth to rotate within dere 1 family not relative, we’re full of beggar, homeless, strugle 4 education, no employment and less privilege. Can we know there contribution to all dis problem cos is our wealth?

    December 6, 2012 at 10:20 am

  20. i and what has she achieved for fellow nigerians. An oil tycoon and we are experiemcing fuel scarcity.

    December 6, 2012 at 8:50 pm

  21. Gud 2 hear but hw many companies and factories does she have in nigeria.
    May be she learn some investment mentality from Dangota

    December 7, 2012 at 5:32 am

  22. Blessed is the hand that giveth…may your well never run dry!

    April 21, 2013 at 10:32 am

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