Folorunso Alakija

ModernPoliticianNigeria1951 — ?

Nigerian billionaire businesswoman and philanthropist.

Compare Folorunso Alakija with another historical figure:

Quick Facts

Born

1951

Country

Nigeria

Era

Modern

Occupation

Politician

Score Overview

Military (10%)46

Political (20%)60

Influence (20%)50

Legacy (20%)37

Leadership (15%)78

Strategy (15%)41

Total Score51.1

Folorunso Alakija — Complete Timeline

1991 AD

Founded Famfa Oil LimitedPolitical Action◆ Major

Folorunso Alakija founded Famfa Oil Limited, which later acquired an oil prospecting license (OPL 216) in Nigeria's deep offshore. The company became one of the largest indigenous oil producers in Nigeria.

Oil IndustryNigerian BusinessEntrepreneurship

Impact: nationalconstructive

2006 AD

Established the Rose of Sharon FoundationCultural

Alakija founded the Rose of Sharon Foundation, a philanthropic organization focused on empowering widows and orphans through education, skills training, and financial support. The foundation has impacted thousands in Nigeria.

PhilanthropyWomen EmpowermentNigeria

Impact: nationalconstructive

2014 AD

Rose to Billionaire StatusOther◆ Major

Alakija was listed by Forbes as one of the world's richest women, with a net worth estimated at $2.5 billion. Her wealth derived primarily from oil and fashion businesses, making her the richest woman in Nigeria at the time.

WealthForbes ListNigerian Billionaire

Impact: global