Who is billionaire Folorunsho Alakija?

Nigerian billionaire businesswoman and philanthropist, Folorunsho Alakija was born on July 15, 1951 to an upper-middle-class family; her father was Chief L. A. Ogbara of Ikorodu, Lagos State.

She attended her nursery education at Our Ladies of Apostles, Lagos from 1955 to 1958 and later travelled to the United Kingdom to continue her primary education.

From Dinorben School for Girls in Hafodunos Hall in Llangernyw, Wales between 1959 and 1963, she moved back to attend "Muslim High School" in Sagamu, Ogun State, Nigeria before returning to England for her secretarial studies at Pitman's Central College, London.

Folorunsho is widely known for her involvement in the fashion, oil, real estate and printing industries.

After much hard work, she became the group managing director of The Rose of Sharon Group which consists of The Rose of Sharon Prints & Promotions Limited, Digital Reality Prints Limited and the executive vice-chairman of Famfa Oil Limited.

Aside being known to have majority stake in DaySpring Property Development Company. Folorunsho Alakija is ranked by Forbes as the richest woman in Nigeria with an estimated net worth of $1 billion as of 2020.

In 2015, Folorunsho was listed as the second most powerful woman in Africa after Ngozi Okonjo-Iweala and the 87th most powerful woman in the world by Forbes.

Folorunsho is married to a lawyer, Modupe Alakija of the Adeyemo Alakija family. She is blessed with four sons and grandchildren.