Nigeria Oil Tycoon Folorunsho Alakija Said To Be Richer Than Oprah

Folorunsho Alakija

A Nigerian said to be the richest black woman in the world. “Move over, Oprah!”.

Africa has many more billionaires than previously reported, 55 of them worth a total of more than $143 billion, including a Nigerian said to be the richest black woman in the world.
“Move over, Oprah!” Ventures Africa said in its latest edition, published this week.
Editor-in-chief Uzodinma Iweala said Tuesday the magazine’s estimates are “on the conservative side.”
The report predictably identifies Nigerian manufacturer Aliko Dangote as the richest African, worth $20.2 billion, among 20 Nigerians listed.
Ventures Africa put the average net worth of Africa’s billionaires at $2.6 billion and their average age at 65. The oldest billionaires are Kenyan industrialist Manu Chandaria and Egyptian property tycoon Mohammed Al-Fayed, both aged 84. The youngest billionaires are Mohammed Dewji of Tanzania and Nigerian oil trader Igho Sanomi, both 38 years old.
The survey identified oil tycoon Folorunsho Alakija as the richest black woman in the world, saying she is worth $7.3 billion.
Report by: Associate Press