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December 6, 2012
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OPRAH WINFREY IS NO LONGER THE RICHEST BLACK WOMAN IN THE WORLD According to a new report by Ventures Africa, the richest black woman in the world is Folorunsho Alakija a 61 year-old Nigerian fashion designer, oil tycoon and philanthropist who is worth at least $3.3 billion, $500 million richer than media mogul Oprah Winfrey whose wealth Forbes magazine estimated at $2.7 billion in September. Folorunsho Alakija 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.

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