Folorunsho Alakija

Vice Chair, Famfa Oil
Real Time Net Worth
as of May 24, 2017
Net Worth
as of 2018
  • Age 67
  • Source of wealth Oil
  • Citizenship Nigeria
  • Education London and Central School Of Fashion, Fashion Design American College
  • Residence Lagos, Nigeria
  • Status Married
  • Children 4

Net Worth Over Time

$0.6 B
$2.5 B
$2.5 B
$1.7 B
$1.6 B
$1.6 B
$1.6 B

Rome was not built in a day. As you continue to struggle to make ends meet, somewhere, somehow, you will make it.

Folorunsho Alakija

Folorunsho Alakija is the vice chair of Famfa Oil, a Nigerian oil exploration company that has a 60% participating interest in block OML 127, part of Agbami field, one of Nigeria’s largest deepwater discoveries. Its partners include Chevron and Petrobras. Her first company was a fashion label that catered to Nigeria’s elite women, including the wife of former military president, Ibrahim Babangida, who awarded Alakija’s company an oil prospecting license.