Folorunsho Alakija Net Worth, Biography, Wikipedia, House And Children

This page is all about Folorunso Alakija Net worth and other important information, If you really want to know about Folorunso Alakija here is the right page.

Folorunso Alakija

Folorunso Alakija was born on 15 July in year 1951 to Chief L. A. Ogbara family in Ikorodu at Lagos State. She attended her Nursery education in lagos at Our Ladies of Apostles within the year of 1955 to 1958 and later travelled at the age of 7years old to the United Kingdom to start primary education at Dinorben School for Girls in Hafodunos Hall(Llangernyn) between the year of 1959 to 1963.

she returned to Nigeria she attended Muslim High School at Sagamu in Ogun State. After schooling in Muslim High school she later returned to abroad for her secretarial studies at Pitman’s Central College in London. Folorunso also studied fashion design at the American College, London and the Central School of Fashion.

Folorunso Alakija Profession

Folorunso Alakija is a Nigerian billionaire businesswoman. If we are to talk about folorunso alakija businesses, I mean what she get involved in order to earn money for living, We going to be talking of Fashion, Oil, Real Estate and Printing Industries like Sharon Prints & Promotions Limited
Digital Reality Prints Limited, Executive vice-chairman of Famfa Oil Limited and also has a majority stake in DaySpring Property Development company.


As at 2014, Alakija is one of the 100 listed as the most powerful woman in the world, she took 96th position in most powerful woman in the world by Forbes.

Two Nigerian women, Finance Minister Ngozi Okonjo-Iweala and Alakija were listed among the world’s 100 most powerful women according to Forbes in 2015. Alakija was 87th position on the list.


Folorunsho has help to create a foundation called The Rose of Sharon Foundation that helps widows and orphans by giving them scholarships and bestow businesses .

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How the Couple met

The two couple met each other at a party in Lagos and this was two weeks after she returned to Nigeria from England, The event was attended by Folorunso’s brother and the woman she married. Folorunso’s family was sitting at one table.

Modupe walked up to her in the party and asked her why she is sitting with her brother’s when she has already grown up. Folorunsho’s brother did not kindly interrupt in modupe’s discussion.

Despite the distress of the situation, Folorunsho and Modupe managed to get to know each other that evening.

Folorunso Alakija Children


Folorunso Alakija gave birth to four childre. The names of the children are: Folarin Alakija, Rotimi Alakija, Ladi Alakija and Dele Alakija.

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Ladi Alakija

Ladi is the oldest of 4 brothers. He is also happily married to a lady from a wealthy family. His wedding took place in Eko Hotel, also made the news. His official wedding was held in London. Ladi has a share in his mother’s company Farma Oil.

Folarin Alakija

Folarin Alakija attracted media attention this year when he celebrated his wedding with Iranian beauty Nazanin Jafarian. Folarin mother made sure the ceremony was unforgettable and beautiful. Folarin Alakija supports his mother in her business endeavours, Him and his brothers work at Famfa Oil Limited.

Rotimi Alakija

Rotimi Alakija(DJ Xclusive) was born on 16 October but the year is not review, his better known as DJ Xclusive a Nigerian disc jockey, record producer and recording artist. Rotimi was born in the UK to Folorunso Alakija. Rotimi married to Kike Fejemirokun and also happens to be the CEO at Famfa Oil, he makes millions in terms of income.

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Dele Alakija

Dele is yet to be married. He like a lowkey lifestyle and the only time we see these men is during their weddings.


° Folorunso Alakija is a Nigerian billionaire businesswoman.

° She is the Managing director, Rose of Sharon Group Executive Vice Chairman,
Famfa Oil.

° she worked for some years as an executive secretary at Sijuade Enterprises in Lago, She moved to the former First National Bank of Chicago that is later called
FinBank now acquired by FCMB before establishing a tailoring company called Supreme Stitches.

° Applied for the allocation of an oil prospecting license (OPL) In May 1993 and license to explore for oil on a 617,000-acre block—now referred to as OPL 216 was granted to Alakija’s company, Famfa Limited.

° Folorunso entered into a joint venture agreement with Star Deep Water Petroleum Limited (a wholly owned subsidiary of Texaco ) and appointed the company as a technical adviser for the exploration of the license and transferring 40 percent of her 100 percent stake to Star Deep in September 1996.

° Folorunso Alakija persisted and in the end she won when the government argument was that if Alakija and family were allowed to keep their block they will stood to make $10 million a day.

°Folorunsho got married to a lawyer called Modupe Alakija of the Adeyemo Alakija family in November 1976.

° She was the World’s Richest Black woman in the world on 30 December in 2014.

Folorunso Alakija

Date of Birth: 15 July 1951

Age: (age 71 in 2022)

Birth Place: Ikorodu , Lagos State

Residence: Lagos , Lagos State, Nigeria

Nationality: Nigerian

Occupation: Businesswoman

Net worth: US$1.5 Billion dollars

Position: Managing director, Rose of Sharon Group Executive Vice Chairman,
Famfa Oil

Spouse(s): Modupe Alakija (m. 1976)

Children: 4


Mostly Ask Questions

What is folorunso alakija net worth?

Folorunsho Alakija is positioned by Forbes as the most extravagant lady in Nigeria with an expected total assets  worth over $1 billion starting at 2023.

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What is the business of Folorunsho Alakija?

Folorunsho Alakija is vice chair of Famfa Oil, a Nigerian oil investigation organization with a stake in Agbami Oilfield, a productive seaward resource.

Famfa Oil’s accomplices incorporate Chevron and Petrobras. Alakija’s first organization was a style mark whose clients incorporated the spouse of previous Nigerian president Ibrahim Babangida.

Who is Folorunsho Alakija husband?

Modupe Alakija, the spouse of tycoon finance manager, Folorunsho Alakija, has given more knowledge into a supposed attack including him and an individual from the Ikoyi Club, which prompted his (Alakija’s) suspension from the club.

Is Wale alakija related to Folorunsho Alakija?

Wale Alakija is the child of Nigeria extremely rich person businesswoman Folorunso Alakija and spouse of famous Nigerian entertainer, Sophie Alakija. Folorunso Alakija is the overseeing overseer of The Rose Sharon Group and bad habit director of Famfa Oil Limited.

How old is folorunso alakija?

Folorunsho Alakija was born on 15 July, 1951 in Ikorodu, Lagos State in Nigeria. She will be 72 years old on 15 of July in 2023 while she will be 75 years old on 15 of July in 2026.

How did Folorunsho Alakija make her money?

However most open information ascribes her abundance to her inclinations in the oil area, Alakija likewise has interests in different areas like design and land. She was brought into the world on July 15, 1951, to Chief L.A. Ogbara, of Ikorodu, Lagos State.


You can join Alakija on Instagram to see the update she drop for her followers and the way it also motivate her followers on Instagram too. Follow her on Instagram @alakijaofficial

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