Written by Ruth Manuel-Logan, Special to the NNPA from the Tri-State Defender
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25 December 2012
Talk show maven, Oprah Winfrey, who long reigned supreme as the world’s richest black woman, has been kicked down a notch by new kid on the block, Folorunsho Alakija, according to Ventures Africa, an African business magazine and news service. The newest top-ranking black female billionaire hails from Nigeria: Alakija is a clothing designer and oil tycoon who is worth somewhere in the $3.3 billion range and beats Oprah’s piggy bank savings by $500 million. At last count, Oprah’s media dynasty hovered in the neighborhood of about $2.7 billion, according to Forbes Magazine.
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