Folorunsho Alakija Net Worth

Folorunsho Alakija Net Worth

Net Worth: $2.1 Billion
Source of wealth:


Full Name Folorunsho Alakija
Birth Place Ikorodu, Lagos State, Nigeria
Date of Birth
Nationality Nigerian
Ethnicity Nigerian Yoruba
Occupation Businesswoman
Marital Status Married (Modupe Alakija)
Children 4
Education Pitman's Central College London, American College London, Central School of Fashion
Last Updated
Aug 23, 2015

About Folorunsho Alakija

Folorunsho AlakijaFolorunsho Alakija Net Worth: Nigeria’s richest woman, Folorunsho Alakija has an estimated net worth of $2.1 billion as of 2015, according to Forbes rich list. She is the third richest person in Nigeria and #668 in the world. The first female billionaire from Nigeria, Folorunsho Alakija made her billions from oil and fashion. She started her business in the 70s after she left her day job as a secretary to focused on her studies in fashion in England. Upon her return to Nigeria she founded Supreme Stitches, that catered fashion for women of high society. She is also the founder of Famfa oil, a company that owns substantial participating interest in OML 127, a lucrative oil block on the Agbami deep water oilfield.

Born in 1951 in Ikorodu, Lagos State, Folorunsho attended Dinorben School for Girls in Hafodunos Hall in Llangernyw, Wales, Muslim High School Sagamu Ogun State, Pitman’s Central College, London, American College, London and the Central School of Fashion. The businesswoman and her husband, Modupe Alakija, currently lives in Lagos, Nigeria with their four sons.

She founded the Rose of Sharon Foundation in 2008. This foundation helps widows and orphans, through scholarships and business grants.