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Folorunso Alakija named 2nd richest African woman

Folorunso Alakija named 2nd richest African woman

Folorunso Alakija, a Nigerian billionaire businesswoman and philanthropist has been named the 2nd richest woman in Africa.

According to Forbes, an American business magazine owned by Integrated Whale Media Investments and the Forbes family Alakija is worth over $1 billion and has held the title of the richest woman in Nigeria for years.

Born on July 15, 1951 at Ikorodu in Lagos State, Alakija is also the founder and managing director of a firm called Rose of Sharon.

In the list of 10 Africa’s wealthiest women for 2022, Alakija was second behind Isabel Dos Santos of Angola whose worth is $2.2 billion.

Hajia Bola Hajaya, a businesswoman and fashion enthusiast whose net worth is estimated to be about $630 million is another Nigerian woman on the list dominated mostly by South Africa.

The list included people who are worth at least $10 million and their financial muscles make them influential figures in society.

Alakija’s money came from oil and gas, the fashion printing industry, and real estate.

Read also: BusinessDay’s Lehlé Baldé listed among Forbes Africa 30 under 30

Hajaya is also the chief executive officer of Bolmus group of and the founder of Voyage oil.

Ngina Kenyatta, popularly known as “Mama Ngina”, the former First Lady of Kenya is the only Kenyan woman on the list. Ngina is the widow of Kenya’s first president, Jomo Kenyatta, mother of Uhuru Kenyatta, the incumbent president of Kenya.

South Africa, with six women, dominated the list of wealthiest women in Africa.

The full list and estimated worth in 2022