Oprah Winfrey No Longer Worlds Richest Black Woman - Ventures Africa
Johannesburg, South Africa (PRWEB) November 30, 2012 Oprah Winfrey is no longer the richest black woman in the world according to a report by Ventures Africa , an African business magazine and news service. According to the report which is available on Ventures Africas website , the richest black woman in the world is Folorunsho Alakija, a 61 year-old Nigerian fashion designer and oil tycoon 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. Explaining the rationale for the $3.3 billion valuation on Alakija, Douglas Imaralu, Online Editor of Ventures Africa commented, Total E&P recently sold off its 20% stake in a similar oil field to Chinas Sinopec for $2.5 billion. The oil field in q...