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It is possible that Oprah Winfrey has been unseated as the world’s richest African-American woman?
According to a report published by Ventures Africa, an African business magazine and news service, the new title holder is Nigerian fashion designer and oil tycoon Folorunsho Alakija, who is worth an estimated $3.3 billion. That’s $500 million richer than Winfrey, whose wealth Forbes magazine estimated at $2.7 billion in September.
Alakija, 61, is the founder and owner of Famfa oil, a Nigerian oil company which owns a 60% working interest in OML 127, an offshore oil field which produces 200,000 barrels of oil per day.
“When we did the math, we came to the realization that Alakija’s stake is easily worth billions of dollars,” explains Ventures Africa editor Douglas Imaralu. “We showed our calculations on ventures-africa.com. At this point, we have no doubt that she is indeed, richer than Oprah.”
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