Her net worth is said to have witnessed a massive decline within a year from 1.54 billion to $1 billion as a result of the staggering price of oil and depreciation of the Naira. She is married to Alhaji Shagaya and they are blessed with 6 children. Like Folorunsho Alakija, Hajia Bola Shagaya is also one of the richest women not only in Nigeria but also across the world. She, however, agreed to sell her stake to Toyota Japan for a whopping sum of $320 million, with her walking away with a Sum of $150 million. You may also like. She is also the mother of current Kenyan President Uhuru Kenyatta. Although the figures of the richest woman in Africa cannot be compared to that of the richest African man, her figures are still significant and she is ranked as the 8 th richest even amidst the men in Africa. Here are nine African women, all worth at least $50 million: Isabel Dos Santos. Wapnick is one of the largest individual shareholders for Octodec Investments and Premium Properties. Today we will unveil the Richest men in Africa this 2019. She is currently one of the richest women in Nigeria and Africa. Does Gabriel Iglesias Have A Wife, Son or Family? She was the CEO of the company until June 1, 2019, when Ahmad Farroukh was made CEO and she was demoted to Deputy Chair. Really, she deserves applause. 40 Interesting Africa Facts. She is not just only the richest woman in Nigeria she is also amongst the richest woman in Africa. During the breakout of COVID 19 in Nigeria, her company FAMFA oil pledged a total sum of 1 billion naira towards assisting the Nigerian government in combating the deadly virus. Unlike most spouses of late presidents in Africa, The 86-year-old Mama Ngina is not despised by the citizens of Kenya, on the contrary, she is highly respected by Kenyans for her stand in defending and promoting the family’s business interests which cut across the banking, farming, education, insurance, hospitality, manufacturing, and real estate sectors. Bridget Radebe started as an ordinary miner worker, but she had a goal and she pressed on. Leaked documents reveal how Africa's richest woman made her fortune through exploiting her own country, and corruption. She is the richest woman in Africa and second among the top 10 richest black women in the world. Who Is the Richest Woman In Africa? However she independently made some investments in oil, diamonds, telecommunications, media, banks, cement and many more. Isabel Dos Santos (Angola) ARE THEY GETTING RICHER? Unlike most people on this list with several business interests, Irene Charnley is solely invested in telecommunications, for all her hard work today, Smiles is worth $58 billion. … Bradley owned a 25% stake in Toyota South Africa. Also Read: The most followed Nigerian Billionaires on Instagram. She is an inspiration to women in South Africa, selling the idea that one can become whoever they want to be so far as they are hardworking, committed, and dedicated. He is the CEO of BUA Group, Abdulsamad Rabiu who was last seen in 2015. Wendy Ackerman is such an exceptional entrepreneur whose retail biz account for half of South Africa’s largest retail outlets. She began by importing photographic materials into West Africa plus she made vast investment in real estate. Read also: richest politicians in the world. Today she is the 9th richest woman in Africa. Top 10 Best Airlines in Africa. Facebook; Prev Article Next Article . 2. She started her career as an auditor for the Central Bank of Nigeria but quit in 1983 and started importing Konica photographic equipment for resale. She is married to Modupe Alakija and she is blessed with 4 children. In 2020, her portfolio and net worth is estimated at 800. Also Read: The list of top 10 poorest countries of Africa. Magda Wierzycka net worth was estimated to be about R1.096 billion at that time. 2) Hajia Bola Shagaya. As a matter of fact, she was pivotal to the granting of operation licenses to the company by the government of Nigerian and Iran. She is also a board member of the National Economic Partnership for Africa Development (NEPAD), a Nigerian focused business group. She is the first female chancellor in Nigeria and one of the most powerful women in the world. She is a proud owner of several groups of companies most notably Rose of Sharon Prints and Promotions, Digital reality prints, Dayspring Property Development Company Limited; a real estate company which owns prosperities in various part of the world. Popularly known as Mama Ngina, Ngina Kenyatta is the widow of Kenya’s first president, Jomo Kenyatta and she is one of the richest women in Africa. She is believed to be the backbone of various companies in both Angola and Portugal. The start of her exemplary career in business can always be traced to the 1970s when she established Supreme Stitches; a fashion brand that would later metamorphose into what is currently known as the Rose Of Sharon House of Fashion. Most people on that ranking were men, but the list also included the name of Isabel Dos Santos among the wealthiest women across the globe. Write CSS OR LESS and hit save. Despite being born in an average income family, Bola didn’t let her background define her, rather, she put in enough work to change the history of her family for good. Africa Trendy unveils the top 10 richest women in Africa and their net worths in 2020. Elizabeth started her career in business as a managing director of Wesco Investments Limited in 1986, and in 1991, she became the non-executive chair, a position she holds to date. She is a board member of Unity Bank Plc – one of the top banks in Nigeria. Revelations About Benedicta Gafah’s Alleged Marriage, Divorce and How It Got to The Media. The latest investments are in the real estate sector and involve the development of a 500 acre Northlands City which is expected to be the largest gated community in the region. The company is with over 200 employees and it produces large amount of cocoa which is exported to Europe, Australia, Asia and even West Africa. That’s not all; black women are not in any way relenting in their effort at all. See Also: Top 10 African Countries Promoting Gender Equality. In South Africa, it was revealed according to businesstech.co.za, that in the 0f the top twenty-four people in South Africa, Wendy Appelbaum was the only woman. Here are Facts About His Education, Family and Net Worth. Folorunsho Alkija is a citizen of Nigeria and she is the richest woman in Nigeria. Who Is Andy Bassich and What Happened To His Wife? Top 10 Richest Women In South Africa 10. Cell C App Login Procedure, How to Check Your Statement and Other Things You... How Itumeleng Khune Married his Wife Sphelele and Inside the House they Call Home, Active Telkom Kenya Data Bundles, Their Codes and How to Check My Telkom Account. There are ten women who have proven their worth, standing out to become the top 10 richest women in Africa and employers of thousands of people through companies and ventures that they manage. Who: Executive Chairperson of Mmakau Mining. The most followed Nigerian Billionaires on Instagram, Who is the richest comedian in Nigeria today, List of top 10 tallest females in the world today, The list of top 10 poorest countries of Africa, 1xGames: Innovative Games With Prizes and Cashbacks, How to Make Money With iGaming Affiliate Programs, Carzout, “Amazing Marketplace For The Best Mercedes Benz E3 C50 Price In Nigeria, Folorunsho Alakija (Net Worth $1.54 billion). Top 10 Richest Women in Africa 2020 10. Irene is rated as the 8th richest woman in Africa. Though not a billionaire, but Alakija’s wealth makes her sufficient to qualify as the second in Africa and one of the wealthiest in the world after Oprah and Isabel Dos Santos. Net worth: Over $809 million. From Nigeria to Angola and many other countries across the continent, African women are raising the bars high in the business circle. Today, she can boast of being on the board of directors of several companies in Angola and Portugal. Bridgette Radebe – Est Net Worth: R1 billion; Bridgette Radebe is not only a successful South African but also an industrious black woman who has clinched her own portion of wealth through entrepreneurship. Ever asked that question? Besides Octodec, Sharon is a very brilliant attorney and a senior partner at Tugendhaft Wapnick Banchetti & Partners. Here are Africa’s 10 richest women who not only inspire with the wealth they’ve been able to generate for themselves and their communities but also with words of wisdom that help in building a successful career. It does not have to be just being a slay mama with empty brain. 5. Yes we hear of richest man often. She currently holds 24.91% in the Commercial Bank of Africa (CBA) which happens to be one of the largest privately-owned banks in Kenya. As a matter of fact, she started her career as a director at Liberty Group, a real estate company owned by her father. She along with her husband Hylton Appelbaum owns DeMorgenzen Wine Estate and she was listed in Africa and South Africa as one of the richest women in 2012. The number of billionaires in Africa dropped from 23 to 20 and Forbes blame the reason on weaker currencies and fall in stocks. On the list of Africa’s Billionaires, were only 2 women who appeared. Learn how your comment data is processed. Wendy Ackerman is a South African retail tycoon and Non-Executive Director of Pick N Pay Holdings Limited (a retail company founded by her husband Raymond Ackerman). For the family of Isabel dos Santos, richest woman in Africa, this is a time for extreme grief. Irene Charnley is the former trade unionist and negotiator who will always be remembered for helping broker a deal that guaranteed higher pay and better treatment of mineworkers in the country. Who is Debby Clarke Belichick ‘Bill Belichick’s Ex-Wife’? She owns a foundation called the Rose Of Sharon foundation whose mission is aimed at helping the lives of widows and orphans through the provision of food, scholarships, and business grants to those who are in dire need of it. At present, she is the director of Octodec investments limited and premium properties limited. What is His Net Worth? Sexagenarian Folorunso Alakija is a Nigerian billionaire and the second richest woman in Africa after Dos Santos. 31 Interesting facts about South Africa. The 6th richest woman in Africa is Wendy Appelbaum. Without mincing words, Wendy Appelbaum is currently the richest woman in South Africa. How Letoya Makhene Divorced Her Husband of 9 Years For Her Lesbian Partner Lebo... Mihlali Ndamase Lost Her Dad to Suicide at Age 22 and Is Secretly Dating... Dog The Bounty Hunter’s Family Including Details of His Late Wife and Kids. In 2019 she came to the defence of Cyril Ramaphosa – and those who funded his leadership bid. After stepping down as negotiator for South Africa’s National Union Of Mineworkers, Irene went on to become an executive director for Africa’s largest telecommunication company MTN. There isn’t much known as regards her personal lifestyle or some of her recent business endeavours due to her private nature. Others include Brookside Dairies; a dairy farm which is responsible for almost half of the dairy products in Kenya, heritage hotels, Voyager resort in Mombasa and Tsavo, Timsales Timber, Media Max; a media company which owns K24 TV, Kameme Radio and The People newspaper. However, during an interview with BBC in January 2020, she branded such accusations a politically orchestrated attack by the current government. The $3 billion South African company has outlets in Nigeria, Botswana, Eswatini, Zimbabwe, Lesotho, Namibia, and Zambia, with Ackerman acting as Executive Director. Mama Ngina was once the first lady of Kenya. Isabel do Santos is the richest woman in Africa with a net worth of $2.2 billion. Today, she is a proud owner of a 224 acres wine farm called Demorgenzon wine estate. Richest South African Women and their net worth in 2020. Isabel has been rated as the richest woman in Africa by Forbes. She was born with a silver spoon and she took great advantage of this as she made some of her wealth through connections as per her father being the president. Wendy Appelbaum. During her early business career, she was a fashion designer catering to the needs of the … Did you observe that most of these women in this list of the richest woman in Africa have a stable family? Here is a list of the richest women in Africa and their net worth in US dollars. These women still slay even at their present age but they are full of ideas. Africa Inequality Global development More Today in Focus Angola How did Isabel dos Santos become Africa's richest woman? Her firm specializes in the exploration of gold, platinum, chrome, uranium, coal, and vanadium. Net Worth: $630 million. Well, if you do then you would be delighted to know that Elizabeth Bradley is his daughter. Christine Ramon has served in various top managerial positions of … As a real estate mogul, she owns hundreds of townhouses in Nigeria’s choicest neighbourhoods, as well as properties in Europe and the United States. She is an Angolan with a net worth of $2.3 billion. Christine Ramon Net-worth: R49, 67 Million. Isabel is the CEO of Miami Beach club and the chairperson of Sanagol Company which is Angola’s leading oil and gas company. Among other businesses, Fifi is into oil and gas, building construction and real estate. She is a major shareholder in her father’s insurance and real estate firms although she later sold the shares to become cash rich. There are still many others who say men are not the only ones who can make money and be wealthy. The princess as she is fondly called is the first child of former president of Angola, president Jose Eduardo dos Santos and the richest black African woman. In addition, a new face appeared on the list. The Richest Black Women In South Africa 2020 1. As it stands now, Fifi is the fourth richest woman in Nigeria. She also owns a stake in Tongaat Hulett and Sasol. Andrew Frankel Bio – Age, Family & Net Worth, Demystifying Jazz Jennings Real Name, Boyfriend & Family Of One The Youngest Transgenders, Abby and Brittany Hensel Bio, Are They Married or Engaged? So who are the richest women in South Africa? To say the fact, gone are the days when a woman’s place end in the kitchen, women are also making great wave when it comes to riches and wealth. Advertisements. Dos Santos, the … She is also the older sister of South African billionaire Patrice Motsepe. Dr. Stella Okoli – Net Worth $800 Million .