Montell Jordan Speaks On Why He Chose Marriage Over The Music Industry And Why He Became A Pastor! (Video)
Surprise Proposal: Detroit Man Pops The Big Question To His College Sweetheart With A Sweet Engagement Party! (Video)
Rachel Lindsay Speaks On Being ABC’s First African-American ‘Bachelorette’ In The Show’s Franchise History! (Video)
Sheinelle Jones’ Husband Uche Ojeh Surprises Her With Roses On The TODAY Show! (Video)
Steph Curry Speaks On Love And The Special Ladies In His Life! (Video)

Meet Folorunsho Alakija, The World’s New Richest Black Woman Ahead Of Oprah Winfrey.

Theballerlife.com has learned that Oprah Winfrey has been dethroned as the richest black woman in the world.

Meet Folorunsho Alakija, a Nigerian oil tycoon and fashion designer who takes the top spot with an estimated net worth of $3.3 billion.

African financial magazine Ventures Africa ran the numbers and put Alakija $500 million richer than the American media mogul, who Forbes estimated is worth $2.7 billion.

Alakija is the founder and owner of Nigerian oil company Famfa Oil. The company pumps out nearly 200,000 barrels of oil per day through its partnership with an offshore oil field.

After analyzing Alakija’s business holdings, Douglas Imaralu, online editor of Ventures Africa said, “At this point, we have no doubt that she is indeed, richer than Oprah.”

Ventures Africa’s report contradicts Alakija’s Forbes listing in Africa’s 40 Richest that estimated her net worth to be $600 million.

Alakija started her career working as a secretary at the International Merchant Bank of Nigeria. She then traveled to England to study fashion design. On her return to Nigeria, she founded Supreme Stitches, which produced clothing for upscale clientele. Then, in 1993, without any prior experience in the oil business, she was awarded an oil prospecting license, allowing her company to explore for oil in one of Nigeria’s most prolific oil blocks.

Photo Credit: The African Globe

Check Out These Related Post

Leave A Comment

Leave a Comment