Now this is BIG! Oprah Winfrey is no longer the world’s
richest black woman. That distinction now belongs to Nigerian oil baroness and
fashionista, Folorunsho Alakija, Time reports.
more than American television personality Oprah.
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.