The richest black woman in the world is no longer Oprah Winfrey. Learn about the woman who took the #1 spot
While there are many female billionaires on the Forbes 'richest woman' list, until 2013, only two of them were black. Angolan Isabel Dos Santos and American Oprah Winfrey were the two holding up the title with $3.5 billion and $2.5 billion respectively, but now they have been joined by a third, and she has theoretically eclipsed them both by quite some margin.
Nigerian fashion and oil tycoon Folorunsho Alakija has just recently made headlines when a relatively small stakeholder of her oil field was looking to sell. Petrobras, the Brazilian oil company, holds an 8% stake in Alakija’s oil field in the Niger Delta and they were looking to make around $1 billion from the sale.
This estimate put Alakija’s 60% stake at around $7.3 billion and instantly catapulted her to the top of the list. Of course, as with these types of lists, the value is theoretical, but she could conceivably sell her stake and realise the fortune as a cash balance, something many of the worlds other “paper” billionaires could not necessarily do.