Move over Oprah: Nigeria oil tycoon Folorunsho Alakija, is now the richest black woman in the world with an estimated net worth of $7.3billion.
The 62-year-old mother of four, unseat Oprah Winfrey as the richest black woman in the world.
According to Forbes, Oprah is worth $2.9billion. Africa boasts 55 billionaires and they're worth a staggering $143.88 billion in total.
Alakija started her career as a secretary in a bank in the mid 1970s. She then studied fashion in London and returned to Nigeria to start a label, "Supreme Stitches". But her biggest break came in oil.
In 1993, her company Famfa Oil, was awarded an oil processing license, which later became OML 127, one of Nigeria's most prolific oil blocks.
The company owns a 60% stake in the block, valued at around $7.3billion, Ventures Africa reports.
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