Folorunsho Alakija Net Worth 2017: $1.4 Billion Dollars

Folorunsho Alakija is one of Africa's richest women with a net worth of $1.4 billion dollars. Her fashion company worked for top class and high profile personalities like the wife of Ibrahim Babangida (ex Nigerian military president).

Folorunsho Alakija is the vice chairwoman at Famfa Oil. Famfa oil is an Oil exploration company based in Nigeria and it has Petrobras and Chevron to be its partners. It also has about 60% interest in Block OML 127 which is a part of Agbami Field.

Folorunsho Alakaja began as an executive secretary at Sijuade Enterprise in Lagos. Thereafter, she worked for years at FinBank before she established "Supreme Stitches", her own tailoring enterprise.

Due to the fame and relationships she has built from working in 1974 at Sijuade Enterprise in Lagos to working at FinBank, her tailoring enterprise gained fame and customers really quickly within a a couple of years.

Being the national president of FADAN (Fashion Designers Association of Nigeria), she contributed to the promotion and energization of the Nigerian culture through the use of fashion.