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Folorunsho Alakija
Published July 4th, 2014



Folorunsho Alakija’s net worth is around $3.2 billion US dollars (varies according to source). Her journey to become one of the richest women in Africa started in London. In the United Kingdom, she pursued fashion design and secretarial studies. When she returned to Nigeria, she started working as an executive secretary. It wasn’t long before she founded her tailoring company - Supreme Stitches.

In the beginning, she had many famous clients, including Maryam Babandiga. She was quickly becoming one of the most prominent women in Nigeria’s high class society. She was quite close to Babandia, and it allowed her to acquire the oil prospecting license. This granted her a lucrative investment in the coastal waters. She was able to set up Famfa Oil. Currently, the company own a 60% stake in the Nigerian oil field. It pumps around 200,000 barrels per day. She has also been actively involved in charitable works. Folorunsho Alakija is one of the few women to be among the richest Nigerians. 

 

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