₦airaland Forum

Nigerian oil tycoon, Mrs. 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 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. She 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 licence, 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 has reported.


Sources:

http://www.thisdaylive.com/articles/folorunsho-alakija-unseats-oprah-as-richest-black-woman/197879/

http://world.einnews.com/article__detail/241764344?lcode=i8wTKxxSTAoKVOyJJHCcEkvltLO-HUmJ6bepIyA1RHM%3D

http://elotitv.com/entry/nigerian-billionaire-unseats-oprah-as-richest-black-woman

Am not moved.. Effect of Govt patronage, our collective wealth is been held by very few Nigerians..

Good one for Her. My only question,is how a fashion designer got an oil license. The report says Her company "Famfa oil" was awarded the oil block. Does it mean She was able to set up an oil firm that had the capacity to bid for oil blocks as at that time? Or was She someone's mistress? Simple logic tells me that there should normally,be no correlation between being a fashion designer,and running an oil firm. They are two distinct professions that are miles apart and not inter-related. But hey,it's none of my business.

Richest Black man is from Nigeria, Richest black woman is from Nigeria... Congratulations to her.

When Government Ekpemupolo (Tompolo) stops the oil flow she would be poorer than Iya Alabi.

Small minds will look for excuses and reasons why she shouldn't make it

while

great minds will try to see how she was able to do it from humble beginnings and see if they can tap into her strategy to better themselves.

My question remains how does this news affect the price of garri in the market?

OMG
This woman is this rich

olatunji21:
Am not moved.. Effect of Govt patronage, our collective wealth is been held by very few Nigerians..

stop hating.....

cutebebe:
stop hating.....

Am not hating ma, am just saying the truth..

Pls i need help

congrats........

I'l soon unseat Alakija.....


It's just a matter of time..

Nice

tijjanioyan:
Pls i need help

is it frm nairalanders, op, oprah, Alakija, or frm who?

Niger Delta oil making some people rich

And their people will keep insulting GEJ

Nice

OK

Mogidi:
When Government Ekpemupolo (Tompolo) stops the oil flow she would be poorer than Iya Alabi.

And you think people like this relies on only Nigeria Oil.

BABSIN:
And you think people like this relies on only Nigeria Oil.

What other business pay as much as Oil?
Hope u remember she's a Fashion Designer

I'm no fan of Oprah Winfrey, it is clear for everyone to see she is a hard worker, unlike Alakija who is a beneficiary of the corrupt system. That's why she can't be popular like Oprah as she has not in anyway added value to people's lives.

Congrats to her! Nigerians setting records since 00BC

WhiteTechnology:
Niger Delta oil making some people rich

And their people will keep insulting GEJ

this is why we need to vote out PDP. what contribution to humanity has alakija made to make her so rich?

This is Nigeria's money concentrated in the hands of a single individual.

We cant risk another loss of lives in 2015

emrace peace..follow on twitter @YoungAndActiveN

Alakija

Bow down to the ONE TRUE GOD,JEHOVAH
JIREH,JEHOVAH NISSI,JEHOVAH ELSHADAI... and
be saved. Jesus till eternity.

So?

The rich and entrepreneurs are getting richer; edio. ts are busy celebrating a terrorist and expecting a NewYork miracle in 2015.

GEJ till 2019.

olatunji21:
What other business pay as much as Oil?
Hope u remember she's a Fashion Designer

Fashion designer abi advanced tailor

Females taking over aNyway..

Ok

Congrats ma!


But one would expect to see you visibly touching lives. More than Oprah did.