Oprah Winfrey used to be the World’s richest black woman, but that distinction now beloong to Nigeria Oil business and fashionista, Folorunsho Alakija, Time Reports.
Alakija is worth about $300 million more than American television personality Oprah Winfrey.
The 62-year-old started her career as a secretary at the erstwhile Merchant Bank of Nigeria, but moved to England in the early 1980s to study fashion design. She then returned to set up a high-end label called Supreme Stitches. However, a significant proportion of Alakija’s fortune comes from an oil-exploration license granted to her company Famfa Ltd. in 1993.
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