Ranked: Here Are The Richest Black Billionaires

Folorunsho Alakija

Folorunsho Alakija is one of the richest black women in the world. She has a total net worth of $1 billion. A renowned Nigerian businesswoman, she has established herself in the oil, printing, real estate and fashion industries. She works as the managing director of the Rose of Sharon Group that comprises Digital Reality Prints Limited and The Rose of Sharon Prints & Promotions Limited.

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She also serves as the executive vice-chairman of Famfa Oil Limited. Prior to becoming a household name, Alakija first worked as a secretary at Sijuade Enterprises and also, at the First National Bank of Chicago that later changed to FinBank. She has increased her net worth over the years with her earnings as a major stakeholder at DaySpring Property Development Company. She was also listed among the 100 Most Powerful Women in the World by Forbes in 2015.