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Home Black Celebrities

Story of Folorunso Alakija, one of the richest black women in the world worth $1.7 billion

November 24, 2025
in Black Celebrities
Story of Folorunso Alakija, one of the richest black women in the world worth .7 billion



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Folorunso Alakija is a Nigerian businesswoman who is involved in various industries such as fashion, oil, and printing. She is best known for being one of the richest black women in the world.
Alakija was born in Ikorodu, Lagos State on July 15, 1951. She was from a sizable family due to her father, Chief L.A. Ogbara, having been married eight times and fathering 52 children. Alakija was his second surviving child and her mother, a fabric merchant, was his first wife. At the age of seven Alakija and her younger sister Doyin were sent to study abroad at Dinorben school for Girls in Northern Wales. The pair of sisters attended the school for four years before they returned to Nigeria at the request of their parents, who did not want the girls’ African values, tradition, and culture to be lost. Alakija continued her studies at Muslim High School in Sagamu, Ogun State, Nigeria. She then ventured abroad again, this time to Pitman’s Central College in London to pursue an education in secretarial studies.

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