Posted on 12/04/2012 10:54:51 PM PST by nickcarraway
Oprah Winfrey has lost her long-held title as the richest black woman in the world to a Nigerian oil tycoon, according to a report by an African business magazine.
Edging out Oprah is Folorunsho Alakija, a 61-year-old woman from Nigeria who is reportedly worth at least $3.2 billion, or roughly $500 million more than Oprah's $2.7 billion net worth, Ventures Africa reported.
Alakija is the founder and owner of Famfa Oil, which owns a 60 per cent interest in OML 127, an offshore oil field that produces roughly 200,000 barrels of oil per day and is worth an estimated $6.44 billion.
Also a fashion designer and philanthropist, Alakija is married and has four grown sons, as well as one grandchild. She owns at least $100 million in real estate and $46 million private jet, Ventures Africa reported.
Born into a wealthy Nigerian family, Alakija started out as a secretary in the mid 1970s at the now defunct International Merchant Bank of Nigeria.ook
(Excerpt) Read more at dailymail.co.uk ...
Next up, a 600 million dollar bailout for Oprah from her buddy the narcissist.
I’ll bet that she is the woman who keeps sending us winning lottery notices and stock offers from Nigeria.
She owes me a lot of money. What is her address?
Hey! Better someone who sells real oil than someone who sells snake oil!
Does she have a recommended reading list?
Is she married?
Give her a talk show!
Thank God you sent her $100 so she could claim that bank account...surely your share is coming soon in the mail
So I thought I would post comments from Nigerians regarding their now famous sister:
Nigeria is all about who knows who.
Patricia Foluke Ette rose from being the hairdresser of Stella Obasanjo in a remote hamlet in Ota to being not just a member of the National Assembly but the first female Speaker.
Folurnsho Alakija rose from secretary to seamstress for Abacha's wife and now to the wealthiest black woman in the world.
Hard working Nigerian students sacrifice all their family money and many years to study up to P.hD level and rise to the level of Truck drivers for Dangote factories.
Not hard to see why Nigeria is a sham of a country.
Hmm.
This has all the whiff of corruption in high places written all over it. An oil mogul via a secretarial and fashion design career?
Comments bounced back and forth whether being Igbo and working for the former President's wife allowed her the "seed capital" to start her empire.
In the early 80s, Alakija quit her job and went on to study Fashion design in England, returning to Nigeria shortly afterwards to start Supreme Stitches, a premium Nigerian fashion label which catered exclusively to upscale clientele. The business thrived, and Alakija quickly made a tidy fortune selling high-end Nigerian clothing to fashionable wives of military bigwigs and society women.
Well, perhaps there might have been a little assistance ...
I have her address. Just PM me your EMAIL and bank account information.
Is it OK to call a rich black person a tycoon?
Sounds racist. :-)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.