FORBES TOP 20 RICHEST PEOPLE IN NIGERIA & HOW MUCH THEY ARE WORTH

4. FOLORUNSHO ALAKIJA

Folorunso Alakija made headlines a few years ago when she unseated Oprah Winfrey to become the richest black woman in the world.

From a fashion designer to oil tycoon, Folorunso Alakija is currently worth $2.1 billion making her the richest African woman. Her business interests are in fashion, oil and printing.

Her oil company, Famfa Oil Limited was founded in 1993 is said to generate Folorunso Alakija at least $10 million daily in profit. She also has investments in real estate which is said to be worth over $100 million

Her son recently got married in a ceremony that was reportedly lavish. The event took place in England and it was estimated to have cost N2 billion.

Apart from her wealth, Folorunso Alakija is known for her philanthropic activities. Her brainchild in philanthropy is the Rose of Sharon foundation which is a non governmental organization that helps widows and orphans by empowering them through scholarship and business grants.

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Her love for students has seen her sponsor many Nigerian students through the Agbami Medical and Engineering Scholarship Scheme and the Folorunso Alakija Scholarship Scheme.

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