News Tributes 

Folorunsho Alakija Richest Black Woman

VENTURES AFRICA – In November last year when Ventures Africa published a story outing Nigerian fashion designer and oil magnate Folorunsho Alakija as the richest black woman in the world, we pegged her net worth at $3.3 billion and explained the rationale for our valuation in detail. See the full story here. But in our inaugural ranking of Africa’s richest people, which we published on Monday, we place Alakija as the fourth richest person in Africa with a fortune we estimate at $7.3 billion. Here’s our rationale: In March this year, Petrobas,…

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