Friday, 31 October 2014

Nigeria’s Folorunsho Alakija Is The 9th Richest Woman In The World


Nigeria’s businesswoman and oil mogul Folunsho Alakija has been named 9th richest woman in the world. The list published by America’s website Wealth –X claims the selection was done based on the richest woman in each region of the world.

Top of the list is Christy Walton, who inherited a portion of the Walmart fortune after her husband’s death in 2005, with an estimated net worth of US$37.9 billion.

She is closely followed in second place by Liliane Bettencourt, heiress of the French cosmetic giant L’Oreal, whose personal fortune of US$31.3 billion earns her the title of richest woman in Europe.
The oldest female billionaire on the list is Bettencourt at 92 years of age, while the youngest is 33-year-old Yang Huiyan, whose father Yang Guoquiang transferred 70% of his shares in Country Garden Group, a Chinese real estate development firm, to her before the its 2007 IPO.

Mexican billionaire Carlos Slim’s three daughters – who, along with their brothers, have been on the receiving end of the asset transfer that Slim reportedly began in 2003 – emerged as the richest women in Latin America. Each of the three sisters is estimated to be worth US$6.3 billion.

Below are the names of the richest women in each region:

Estimated Net Worth
(in US$ billion)
Christy Walton
North America
Liliane Bettencourt
Gina Reinhart
6.3 each
Vanessa Paola Slim HajjMaria Soumaya Slim de Romero
Johanna Monique Slim Ayub
Latin America
Yang Huiyan
Shari Arison
Middle East
Folorunsho Alakija

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