The world’s richest black woman is no longer Oprah Winfrey

The 61-year-old oil tycoon Folorunsho Alakija dethroned the media mogul after being declared the world’s richest black woman with a net worth of $7.3 billion and is among Africa’s 55 billionaires.
Her story was featured in an article published by pan-African magazine Ventures Africa which reported that Africa has a lot of billionaires resulting in 55 with an average net worth of $2.6 billion and an average age at 65.
Alakija was a fashion design student in London in the 1980′s and returned to Africa and started Supreme Stitches “which became an exclusive label catering to a wealthy clientele including Mariam Babangida, wife of former Nigerian military dictator Ibrahim Babangida,” as reported by the magazine.