10 Things You Didn’t Know About Folorunsho Alakija

Folorunsho Alakija born in the year 1951 in Ikorodu, Nigeria, is a Nigerian business tycoon, mother of four and a lovely wife. She is the second richest African woman after Isabel Dos Santos and also the third richest woman of African descent in the world. The Nigerian businesswoman is also known for her savvy entrepreneurial skills and philanthropy nature which has helped many Nigerians along the way. There is no doubt that the 65-years-old business tycoon has definitely left a unfading mark, promoting Nigerian culture through fashion and style.


Here are 10 things you probably didn’t know about Nigeria’s stylish business tycoon billionaire, Folorunsho Alakija: 

1. Folorunsho Akejika was born in the year 1951 in Ikorodu, Nigeria.

2. She is married to a Nigerian lawyer, Modupe Alakija and they are blessed with four handsome sons. She is also the aunt to the British-Nigerian, DJ Xclusive.

3. She attended her primary school at Dinorben School for Girls in Hafodunos Hall in Llangernyw, Wales.

4. She studied fashion design at the American College in London and the Central School of Fashion. She also studied Secretarial Studies at Pitman’s Central College in London.

5. In 1974, she worked as a executive secretary at Sijuade Enterprise in Lagos Nigeria. She now also serves as the Chief Matron of Africa’s Young Entrepreneurs.

6. She is the Managing Director of The Rose of Sharon Group and the executive vice-chairman of Famfa Oil Limited.

7. She is the founder of the Rose of Sharon Foundation that assists orphans and widows with business grants and scholarships. She also founded the Folorunsho Alakija Scholarship Scheme (FASS) which assist schoolars who cannot afford good and quality education.

8. She is ranked by Forbes as the richest woman in Nigeria with an estimated net worth of $2.1 billion.

9. She became the vice chairman of National Heritage Council and Endowment for Arts in July 2013.

10. Forbes listed her as the second most powerful woman in Africa after Ngozi Okonjo-Iweala and the 87th most powerful woman in the world in 2015. In early March 2016, she was appointed as the first female Chancellor of Bola- Ige University in Nigeria.

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