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Top 10 Richest Women in the World, Africa and Nigeria – 2026 Billionaires List

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April 20, 2026
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Who are the richest women? Across the globe, women are redefining wealth, leadership, and influence, from billionaires shaping global industries to the richest women in Nigeria making their mark on Africa’s economic landscape.

As the Africa Wealth Report by Henley & Partners highlights, Africa now boasts over 21 billionaires and 135,200 high-net-worth individuals.

This article highlights how ambition, strategy, and purpose converge to elevate female success across the world.

Key Takeaways

  • The richest women in the world are redefining success and setting global standards in business leadership.
  • Their wealth comes from diverse sectors, proving the vast opportunities within the global economy.
  • These women combine financial power with social impact, driving change in their communities.
  • Their rise signals a new era of female economic influence in Nigeria, across Africa and the world.

Top 10 Richest Women in the World

The richest women in the world command staggering fortunes built on retail empires, cosmetics dynasties, technology, and investments.

These women dominate Forbes’ billionaire rankings, symbolising both inherited wealth and self-made success. Their stories highlight how strategic ownership, innovation, and long-term equity growth create enduring prosperity across generations.

1. Alice Walton

Alice Walton, the only daughter of Walmart founder Sam Walton, has once again claimed the title of the richest woman in the world. Her wealth is anchored in Walmart Inc., the global retail giant that continues to dominate supermarket and e-commerce sectors worldwide.

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Beyond her fortune, Walton is known for her deep commitment to art and philanthropy, having founded the Crystal Bridges Museum of American Art in Arkansas.

Despite inheriting much of her wealth, she has carved her own identity as a patron of culture and social development.

CategoryDetails
Net Worth$112.5 billion (USD)
CountryUnited States
Main Businesses and InvestmentsWalmart Inc., art collection, philanthropic foundations
IndustryRetail, Consumer Goods, Arts
Major Achievements– Founder of Crystal Bridges Museum of American Art
– Ranked No.1 on Forbes Richest Women in the World list
– Prominent advocate for arts education and rural development
Key Source of WealthInherited and maintained Walmart shares through Walton Enterprises LLC

2. Françoise Bettencourt Meyers

Françoise Bettencourt Meyers, granddaughter of L’Oréal founder Eugène Schueller, remains one of the richest women in the world today. As chairwoman of her family’s holding company and a major shareholder in L’Oréal, she oversees one of the most powerful beauty empires globally.

Beyond her business interests, Bettencourt Meyers is a respected author and philanthropist, known for promoting scientific research, education, and cultural preservation through the Bettencourt Schueller Foundation.

Her disciplined investment approach and long-term stewardship of the L’Oréal legacy have made her a symbol of generational wealth and strategic leadership.

CategoryDetails
Net Worth $74.4 billion (USD)
CountryFrance
Main Businesses and InvestmentsL’Oréal Group, Bettencourt Schueller Foundation
IndustryBeauty, Cosmetics, Personal Care
Major Achievements– Chairwoman of L’Oréal’s family holding company
– Ranked No.2 on Forbes Richest Women in the World list
– Philanthropic leader supporting science, culture, and arts through the Bettencourt Schueller Foundation
– Authored books on religion and Greek mythology
Key Source of WealthInherited stake in L’Oréal and consistent reinvestment in the company’s global growth

3. Julia Koch

Julia Koch, ranked among the richest women in the world, inherited her wealth from her late husband, David Koch, co-owner of Koch Industries, one of the largest privately held companies in the United States.

Her fortune, now valued at over $70 billion, is tied to diversified operations across energy, chemicals, manufacturing, and finance. Beyond business, Julia Koch is recognised for her philanthropy through the David H. Koch Foundation, supporting medical research, education, and the arts.

Her ability to preserve and grow the Koch family’s legacy has positioned her as one of the most influential female billionaires in the world.

CategoryDetails
Net Worth$74.2 billion (USD)
CountryUnited States
Main Businesses and InvestmentsKoch Industries (energy, chemicals, manufacturing), real estate, philanthropy
IndustryEnergy, Manufacturing, Investments
Major Achievements– Co-owner and board member of Koch Industries
– Ranked No.3 on Forbes Richest Women in the World list
-Philanthropic leader in health and education through the David H. Koch Foundation
– Advocate for innovation in science and community development
Key Source of WealthInherited stake in Koch Industries and diversified investments

4. Jacqueline Mars

Jacqueline Mars, a prominent figure on the Forbes billionaires list, is one of the heirs to Mars Inc., the global confectionery and pet-care empire best known for brands like M&M’s, Snickers, and Pedigree.

As one of the world’s wealthiest women, she has played a key role in shaping the family business’s culture of innovation, quality, and sustainability. Though she maintains a low public profile, Jacqueline Mars is deeply involved in philanthropy, supporting environmental conservation, education, and the arts through various foundations.

Her disciplined approach to wealth stewardship exemplifies how family enterprises can sustain multigenerational success.

CategoryDetails
Net Worth $42.6 billion (USD)
CountryUnited States
Main Businesses and InvestmentsMars Inc. (confectionery, pet care, food products), philanthropic ventures
IndustryFood, Manufacturing, Consumer Goods
Major Achievements– Co-owner of Mars Inc., one of the world’s largest privately held companies
– Ranked No.4 on Forbes Female Billionaires list
– Advocate for sustainable sourcing and animal welfare
– Recognised for major philanthropic contributions to the Smithsonian and National Archives
Key Source of WealthInherited and sustained ownership stake in Mars Inc.

5. Rafaela Aponte-Diamant

Rafaela Aponte-Diamant stands as one of the richest female entrepreneurs in the world, co-owning the Mediterranean Shipping Company (MSC), the world’s largest container shipping line.

Alongside her husband, Gianluigi Aponte, she has transformed MSC into a global logistics and cruise powerhouse, operating across over 150 countries.

Her wealth, estimated at $37.7 billion, reflects decades of expansion in shipping, ports, and maritime transport. Rafaela’s leadership and strategic insight have made her one of the most influential women in global trade and logistics.

CategoryDetails
Net Worth$37.7 billion (USD)
CountrySwitzerland or Italy
Main Businesses and InvestmentsMediterranean Shipping Company (MSC), MSC Cruises, ports and logistics infrastructure
IndustryShipping, Maritime Transport, Logistics, Hospitality
Major Achievements– Co-founder and co-owner of MSC, the world’s largest container shipping company
– Ranked among the Forbes Richest Women in the World
– Expanded MSC Cruises into a global leader in luxury travel
– Advocate for sustainability and innovation in the maritime sector
Key Source of WealthCo-ownership of the MSC Group and diversified logistics investments

6. Savitri Jindal

Savitri Jindal, the formidable chairperson of the Jindal Group, is one of the richest women in the world today and the wealthiest woman in India. Her net worth of $35.5 billion stems from her family’s vast interests in steel, power, cement, and infrastructure.

As the widow of industrialist Om Prakash Jindal, Savitri has successfully carried forward his legacy while expanding into renewable energy and manufacturing.

A respected businesswoman and politician, she represents the powerful blend of entrepreneurship and public service that defines India’s new generation of industrial leaders.

CategoryDetails
Net Worth$35.5 billion (USD)
CountryIndia
Main Businesses and InvestmentsJindal Group (steel, power, cement, infrastructure), real estate
IndustrySteel, Energy, Infrastructure, Manufacturing
Major Achievements– Chairperson of the Jindal Group
– Ranked among the Forbes Billionaires and World’s Wealthiest Women lists
– Expanded family holdings into renewable energy and sustainable manufacturing
– Active philanthropist supporting women’s empowerment and education initiatives in India
Key Source of WealthOwnership stake in Jindal Group companies and diversified industrial holdings

7. Abigail Johnson

Abigail Johnson, CEO and chair of Fidelity Investments, is one of the richest women in the world and among the most powerful figures in global finance.

With a net worth estimated at $32.7 billion, she leads one of the world’s largest asset management firms, overseeing trillions in client assets. Since taking over the family-founded company, Johnson has modernised Fidelity’s operations, embracing fintech innovations, blockchain integration, and digital trading platforms.

Her leadership has solidified Fidelity’s reputation as a financial powerhouse and positioned her as one of the most influential female billionaires in global finance.

CategoryDetails
Net Worth$32.7 billion (USD)
CountryUnited States
Main Businesses and InvestmentsFidelity Investments, Fidelity Digital Assets
IndustryFinance, Investment Management, Technology
Major Achievements– CEO and Chair of Fidelity Investments
– Pioneered Fidelity’s entry into crypto and digital assets management
– Ranked No.7 on Forbes Richest Women in the World list
– Advocate for women in finance and STEM careers
Key Source of WealthMajority ownership in Fidelity Investments and its subsidiaries

8. Miriam Adelson

Miriam Adelson, an Israeli-American businesswoman and philanthropist, ranks among the richest women in the world with a fortune of $32.1 billion. She inherited a majority stake in Las Vegas Sands Corp., the global casino and resort empire built by her late husband, Sheldon Adelson.

Beyond her vast business interests, Miriam is a prominent philanthropist, known for her contributions to medical research, drug rehabilitation, and Israeli-American causes.

Her influence extends beyond hospitality, and she has become one of the most powerful female billionaires in the world, blending business acumen with global impact.

CategoryDetails
Net Worth$32.1 billion (USD)
CountryUnited States and Israel
Main Businesses/InvestmentsLas Vegas Sands Corp., hospitality, and medical research foundations
IndustryGaming, Hospitality, Real Estate
Major Achievements– Majority owner of Las Vegas Sands Corp.
– Ranked among the Forbes Female Billionaires list
– Established the Sheldon & Miriam Adelson Foundation, supporting healthcare and education
– One of the most influential women in the global hospitality sector
Key Source of WealthOwnership of Las Vegas Sands and diversified international investments

9. Miriam Simons

Marilyn Simons, wife of the late hedge fund legend Jim Simons, is one of the richest women in the world, with an estimated net worth of $31.0 billion. Her wealth stems from holdings and estate assets connected to Renaissance Technologies, one of the most successful quantitative hedge funds in history.

While she inherited her fortune, Marilyn has made her mark through strategic philanthropy, particularly in education, scientific research, and social development.

As president of the Simons Foundation, she has directed billions toward advancing mathematics and fundamental sciences, cementing her influence as a global philanthropic leader among female billionaires.

CategoryDetails
Net Worth $31.0 billion (USD)
CountryUnited States
Main Businesses and InvestmentsRenaissance Technologies (estate holdings), Simons Foundation
IndustryFinance, Investments, Philanthropy, Education
Major Achievements– Co-founder and president of the Simons Foundation
– Ranked among the Forbes Billionaires and World’s Wealthiest Women lists
– Donated billions to STEM education and autism research
– One of the most generous female philanthropists globally
Key Source of WealthEstate and investment holdings from Renaissance Technologies

10. Melinda French Gates

Melinda French Gates rounds out the Top 10 Richest Women in the World, with a fortune estimated at $30.4 billion. As co-founder of the Bill & Melinda Gates Foundation, she has become one of the most influential figures in global health, education, and gender equality.

Following her separation from Bill Gates, Melinda diversified her portfolio, establishing Pivotal Ventures, an investment and incubation company focused on empowering women and advancing social innovation.

Her work demonstrates how wealth, when strategically deployed, can shape meaningful global change, earning her recognition as one of the most powerful female billionaires in technology and philanthropy.

CategoryDetails
Net Worth $30.4 billion (USD)
CountryUnited States
Main Businesses/InvestmentsPivotal Ventures, Bill & Melinda Gates Foundation, Microsoft stock
IndustryTechnology, Philanthropy, Investments
Major Achievements– Co-founder of the Bill & Melinda Gates Foundation, one of the world’s largest charitable organisations
– Founder of Pivotal Ventures, supporting women-led innovation
– Ranked among Forbes Richest Women in the World.
– Global advocate for gender equality and education reform
Key Source of WealthMicrosoft shares and strategic investments via Pivotal Ventures

See Also: Top 20 Richest Men in the World– Rankings, Net Worths and What is Driving Them

Top 10 Richest Women in Africa

Africa’s wealthiest women are shaping industries ranging from oil and telecommunications to mining, finance, and media.

The richest women in Africa today embody ambition, resilience, and innovation, many of them self-made entrepreneurs who have built empires despite challenging economic landscapes.

This list highlights the top female billionaires and multimillionaires driving Africa’s economic transformation through leadership, investment, and vision.

1. Isabel dos Santos

Isabel dos Santos, daughter of Angola’s former president José Eduardo dos Santos, tops the list of the richest women in Africa. With an estimated net worth of $2.2 billion, she has amassed wealth through telecommunications, banking, energy, and retail investments spread across Africa and Europe.

Often described as Africa’s first female billionaire, Isabel built her business empire through holdings in Unitel, Banco BIC, and other ventures.

Despite ongoing legal disputes over asset ownership in Angola and Portugal, she remains a symbol of power, controversy, and entrepreneurship in Africa. Her career illustrates the intersection of politics, business, and innovation on the continent.

CategoryDetails
Net Worth$2.2 billion (USD)
CountryAngola
Main Businesses and InvestmentsUnitel Telecom, Banco BIC, Efacec Power Solutions, media and retail ventures
IndustryTelecommunications, Banking, Energy, Retail
Major Achievements– Recognised as Africa’s first female billionaire
– Built significant holdings in Unitel and Banco BIC
– Featured consistently among Forbes Africa’s Richest Women
– Advocate for female entrepreneurship and STEM education in Africa
Key Source of WealthEquity in telecommunications and financial services companies across Angola, Portugal, and the U.K.

2. Folorunso Alakija

Folorunso Alakija remains one of the richest women in Africa and Nigeria’s wealthiest woman, with an estimated net worth of $1.5 billion. She is the vice-chair of Famfa Oil Limited, a Nigerian oil exploration company with a stake in the prolific Agbami oil field operated by Chevron.

Alakija’s business empire spans oil and gas, fashion, real estate, and philanthropy. Before entering the energy sector, she made her mark as a successful fashion designer through Supreme Stitches.

Today, she is celebrated not only for her entrepreneurial brilliance but also for her charitable initiatives under the Rose of Sharon Foundation, which empowers widows and orphans across Nigeria.

CategoryDetails
Net Worth$1.1 billion (USD)
CountryNigeria
Main Businesses and InvestmentsFamfa Oil Limited, Rose of Sharon Group, real estate holdings
IndustryOil & Gas, Real Estate, Fashion
Major Achievements– Founder and Vice-Chair of Famfa Oil Limited
– Nigeria’s richest woman and one of Forbes Africa’s Billionaires
– Established Rose of Sharon Foundation supporting widows and orphans
– Recognised globally for her contributions to business and philanthropy
Key Source of WealthOil exploration and production interests in the Agbami oil field

3. Hajia Bola Shagaya

Hajia Bola Shagaya ranks among the richest women in Africa, with an estimated net worth of $800 million. A formidable entrepreneur, she built her fortune through strategic investments in oil and gas, real estate, and finance.

She is the founder and CEO of Bolmus Group International, a diversified conglomerate with interests spanning energy, banking, and property development. Beginning her career at the Central Bank of Nigeria, Bola Shagaya transitioned into business, becoming one of the country’s most powerful and influential women.

Her real estate portfolio includes premium developments across major Nigerian cities, and her leadership continues to inspire a new generation of female entrepreneurs in Africa.

CategoryDetails
Net Worth$950 million (USD)
CountryNigeria
Main Businesses/InvestmentsBolmus Group International, oil trading, property development, banking investments
IndustryOil & Gas, Real Estate, Finance
Major Achievements– Founder and CEO of Bolmus Group International
– Ranked among Africa’s Richest Women by Forbes Africa
– Significant investor in real estate and energy
– Advocate for women’s empowerment and corporate leadership in Nigeria
Key Source of WealthOil marketing, real estate investments, and diversified business interests

4. Tsitsi Masiyiwa

Tsitsi Masiyiwa stands out as one of the richest women in Africa, with an estimated net worth of $800 million. Together with her husband, telecoms tycoon Strive Masiyiwa, she co-founded Econet Wireless and the Higherlife Foundation, one of Africa’s leading philanthropic organisations.

Tsitsi has built her wealth through diversified investments in technology, education, healthcare, and social impact ventures. Beyond business, she is a global advocate for female entrepreneurship, youth empowerment, and education reform.

Her vision bridges the gap between philanthropy and enterprise, positioning her among Africa’s most influential women.

CategoryDetails
Net Worth$800 million (USD)
CountryZimbabwe
Main Businesses and InvestmentsEconet Group, Higherlife Foundation, social impact investments
IndustryTelecommunications, Education, Healthcare, Philanthropy
Major Achievements– Co-founder of Econet Wireless and Higherlife Foundation
– Recognised among the Top 10 Richest Women in Africa
– Advocate for women’s empowerment and youth education across Africa
– Member of international boards championing impact investment and social entrepreneurship
Key Source of WealthInvestments in telecommunications, education, and social impact funds

5. Irene Charnley

Irene Charnley is a self-made South African entrepreneur and one of the richest women in Africa, with an estimated net worth of $500 million.

A former trade unionist turned business magnate, she rose to prominence through her executive role at MTN Group, where she was instrumental in expanding the telecom giant into Nigeria and across Africa. Later, she founded Smile Telecoms Holdings, a pan-African 4G broadband provider, and became a key shareholder in Nelson Mandela’s Independent Newspapers.

Her journey from grassroots activism to boardroom leadership represents one of Africa’s most inspiring success stories for women in business and technology.

CategoryDetails
Net Worth (2025)$500 million (USD)
CountrySouth Africa
Main Businesses and InvestmentsSmile Telecoms Holdings, MTN Group (former executive), media investments
IndustryTelecommunications, Media, Technology
Major Achievements– Former executive director of MTN Group, driving its African expansion
– Founder and CEO of Smile Telecoms Holdings
– Named among the Top 10 Richest Women in Africa
– Advocate for women in leadership, technology, and entrepreneurship
Key Source of WealthTelecom investments and strategic media ownership

6. Wendy Appelbaum

Wendy Appelbaum, one of the richest women in Africa today, commands an estimated net worth of $215 million. The daughter of the late billionaire Sir Donald Gordon, founder of Liberty Group, transformed her inheritance into a diversified empire spanning finance, real estate, and agriculture.

Wendy is the owner and chair of De Morgenzon Wine Estate, one of South Africa’s most acclaimed vineyards, known for its award-winning wines and sustainable practices. A passionate philanthropist who has donated millions to causes promoting health, education, and women’s empowerment across Africa.

Her blend of investment expertise and social responsibility has made her a symbol of ethical wealth creation on the continent.

CategoryDetails
Net Worth$215 million (USD)
CountrySouth Africa
Main Businesses/InvestmentsDe Morgenzon Wine Estate, Liberty Group (inheritance), private investments
IndustryFinance, Agriculture, Real Estate, Philanthropy
Major Achievements– Owner and Chair of De Morgenzon Wine Estate
– Ranked among Africa’s Richest Women by Forbes Africa
– Recognised philanthropist supporting women’s rights and education
– Board member of leading financial and healthcare organisations in South Africa
Key Source of WealthInherited and managed assets in the finance and agriculture sectors

7. Bridgette Radebe

Bridgette Radebe is one of the richest women in Africa, with an estimated net worth of $210 million. As South Africa’s first black female mining entrepreneur, she broke through one of the continent’s toughest industries to establish Mmakau Mining, a company involved in platinum, gold, and chrome mining.

Her success and advocacy for economic inclusion have made her a key voice in Africa’s natural resources sector. Bridgette also serves as a policy advisor and business leader, promoting sustainable mining practices and gender equality.

She is married to Jeff Radebe, a former South African minister, and is the sister of billionaire Patrice Motsepe, but her accomplishments stand entirely on their own merit.

CategoryDetails
Net Worth$210 million (USD)
CountrySouth Africa
Main Businesses and InvestmentsMmakau Mining, mineral exploration and development projects
IndustryMining, Energy, Natural Resources
Major Achievements– Founder and Executive Chairperson of Mmakau Mining
– Recognised as South Africa’s first black female mining entrepreneur
– Ranked among Forbes Africa’s Richest Women
– Advocate for sustainable mining and women’s participation in extractive industries
Key Source of WealthOwnership and operations in mining and mineral resources

8. Tabitha Karanja

Tabitha Karanja, founder and CEO of Keroche Breweries, is celebrated as one of the richest women in Africa, with an estimated net worth of $200 million.

A true self-made entrepreneur, she built Kenya’s first large-scale, locally owned brewery from the ground up, breaking into a male-dominated industry long dominated by multinationals. Under her leadership, Keroche Breweries has grown into a household name, producing popular beer and spirits brands across East Africa.

Tabitha’s business journey embodies resilience, innovation, and a firm belief in African-made excellence, inspiring countless female entrepreneurs across the continent.

CategoryDetails
Net Worth$200 million (USD)
CountryKenya
Main Businesses and InvestmentsKeroche Breweries, real estate, and manufacturing
IndustryBeverage Manufacturing, Alcohol, FMCG
Major Achievements– Founder and CEO of Keroche Breweries, Kenya’s first major indigenous brewery
– Named among the Top 10 Richest Women in Africa
– Recipient of multiple entrepreneurship awards across Africa
– Vocal advocate for fair taxation and local business empowerment
Key Source of WealthBeverage manufacturing and brand ownership through Keroche Breweries

9. Mo Abudu

Mo Abudu, often referred to as the “Oprah of Africa,” is one of the richest women in Africa, with an estimated net worth of $100 million.

She is the founder and CEO of EbonyLife Media, a leading entertainment company that has transformed Africa’s storytelling landscape through hit TV shows, movies, and international partnerships with Netflix, Sony, and the BBC.

Beyond media, Mo Abudu has expanded into hospitality and film production education, cementing her influence as a creative and business force. Her work has not only elevated African cinema but also showcased the continent’s potential to a global audience, making her one of the most influential female entrepreneurs in Africa.

CategoryDetails
Net Worth$580 million (USD)
CountryNigeria
Main Businesses/InvestmentsEbonyLife Media, EbonyLife Films, EbonyLife Place (hospitality), content licensing partnerships
IndustryMedia, Entertainment, Film Production, Hospitality
Major Achievements– Founder and CEO of EbonyLife Media
– Ranked among Forbes Africa’s Richest Women
– Produced internationally acclaimed films like The Wedding Party and Oloture
– Partnered with Netflix and Sony to bring African stories to global audiences
– Advocate for women in film and entrepreneurship
Key Source of WealthMedia production, content licensing, and hospitality investments

10. Mary-Ann Musangi

Mary-Ann Musangi concludes the Top 10 Richest Women in Africa with an estimated net worth of $100 million. She is the daughter of the late business magnate Dr Chris Kirubi, whose diversified holdings laid the foundation for her fortune.

As Managing Director of Haco Industries Kenya Ltd, she has successfully modernised the company’s operations, expanding into consumer goods, cosmetics, and household products. Mary-Ann also oversees parts of the Kirubi family investment portfolio, which includes stakes in Centum Investments, Capital FM, and real-estate ventures.

Her leadership has positioned her among the most prominent female business leaders in East Africa, embodying the next generation of African industrialists.

CategoryDetails
Net Worth$100 million (USD)
CountryKenya
Main Businesses/InvestmentsHaco Industries Kenya Ltd, Centum Investments, Capital FM, real estate
IndustryManufacturing, FMCG, Media, Real Estate
Major Achievements– Managing Director of Haco Industries
– Ranked among the Top 10 Richest Women in Africa
– Modernised one of Kenya’s largest FMCG companies
– Oversaw expansion into regional markets and new product lines
– Advocate for corporate governance and women in leadership
Key Source of WealthInherited industrial holdings and diversified investments across FMCG, media, and real estate
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Top 10 Richest Women in Nigeria

Nigeria is home to some of Africa’s most powerful and successful female entrepreneurs, investors, and business leaders. The richest women in Nigeria have built vast fortunes through industries such as oil and gas, real estate, manufacturing, finance, fashion, and media.

From self-made billionaires to visionary executives, these women embody resilience, innovation, and strategic leadership. Their success stories continue to inspire a new generation of female entrepreneurs in Nigeria and across Africa.

1. Folorunso Alakija

Folorunso Alakija, one of the richest women in Nigeria, is a business magnate and philanthropist with interests in oil, fashion, real estate, and printing.

She is the Executive Vice-Chairman of Famfa Oil Limited, which owns a major stake in the lucrative Agbami oil field, and the Group Managing Director of The Rose of Sharon Group. Before entering the oil industry, Alakija founded Supreme Stitches, a pioneering Nigerian fashion brand.

Through her Rose of Sharon Foundation, she empowers widows and orphans with scholarships, housing, and business grants. Her career reflects determination, innovation, and compassion, values that continue to define her legacy.

CategoryDetails
Net Worth $1.1 billion (USD)
CountryNigeria
Main Businesses and InvestmentsFamfa Oil Limited, Rose of Sharon Group, Dayspring Property Development, Digitalreality Print Ltd
IndustryOil & Gas, Fashion, Real Estate, Printing
Major Achievements– Founder of Rose of Sharon Foundation supporting widows and orphans
– Obtained oil licence for OML 127
– Agbami Field
– First female Chancellor of a public university in Africa
– Honoured by Forbes as one of the World’s 100 Most Powerful Women
Key Source of WealthOil exploration and real estate investments

2. Hajia Bola Shagaya

Hajia Bola Shagaya is one of the richest women in Nigeria and a respected business leader with extensive investments across oil and gas, real estate, banking, and photography. She is the Founder and CEO of Bolmus Group International, a diversified conglomerate with strong influence in Nigeria’s economic sectors.

Starting her career at the Central Bank of Nigeria, she transitioned into entrepreneurship, introducing the Konica brand to West Africa and later establishing Practoil Limited, a leading importer and distributor of base oil. Shagaya also served on the board of Unity Bank Plc, helping drive growth in Nigeria’s banking industry.

A known fashion icon and philanthropist, she actively supports the arts and women’s empowerment across the continent.

CategoryDetails
Net Worth $950 million (USD)
CountryNigeria
Main Businesses and InvestmentsBolmus Group International, Practoil Limited, Unity Bank Plc, Fotofair Nigeria
IndustryOil & Gas, Real Estate, Banking, Photography
Major Achievements– Founder and CEO of Bolmus Group International
– Introduced the Konica photographic brand to West Africa
– Managing Director of Practoil Limited, a major oil distribution company
– Former board member of Unity Bank Plc
– Patron of Fashion Designers Association of Nigeria (FADAN)
– Member of NEPAD Business Group
– Nigeria- Recipient of the Member of the Order of the Niger (MON) honour
– Prominent philanthropist and supporter of education and sports initiatives
Key Source of WealthOil marketing, real estate development, and financial investments

3. Daisy Danjuma

Daisy Danjuma is one of the richest women in Nigeria and a distinguished figure in law, politics, and business. A trained lawyer and former senator, she currently serves as the Executive Chairman of South Atlantic Petroleum (SAPETRO), one of Nigeria’s leading oil and gas exploration companies.

Her remarkable career spans public service, corporate governance, and philanthropy. Before entering politics, she served as State Counsel at the Lagos State Ministry of Justice and later as Company Secretary and Legal Adviser at the Nigerian Television Authority (NTA).

In politics, she represented Edo South Senatorial District and chaired key national committees focusing on women, youth, and social development.

CategoryDetails
Net Worth $900 million (USD)
CountryNigeria
Main Businesses and InvestmentsSouth Atlantic Petroleum (SAPETRO), May & Baker Nigeria Plc, multiple philanthropic boards
IndustryOil & Gas, Law, Politics, Philanthropy
Major Achievements– Executive Chairman of South Atlantic Petroleum (SAPETRO)
– Chair of May & Baker Nigeria Plc
– Former Senator for Edo South, leading committees on Women Affairs and Youth Development
– Served as State Counsel and Legal Adviser at NTA
– Advocate for women’s rights and education through several NGOs and foundations
Key Source of WealthOil exploration, corporate leadership, and diversified investments

4. Fifi Ejindu

Princess Fifi Ejindu is one of the richest women in Nigeria and a trailblazer in architecture, real estate, and design. A descendant of the royal family of Calabar, she has built a global reputation for her distinctive fusion of African heritage and modern luxury.

As the Founder and CEO of Starcrest Group of Companies, Fifi oversees a diversified conglomerate with interests in real estate, construction, oil and gas, and investment services.

Her influence extends beyond business; she is also a passionate philanthropist and cultural ambassador, promoting African excellence on the world stage.

CategoryDetails
Net Worth$600 million (USD)
CountryNigeria
Main Businesses and InvestmentsStarcrest Group of Companies, real estate, construction, oil and gas
IndustryReal Estate, Architecture, Construction, Oil & Gas
Major Achievements– Founder and CEO of Starcrest Group of Companies
– Recipient of the African Achievers Award for contributions to architecture and culture
– Honoured with the Officer of the Order of the Niger (OON) national award
– Ambassador for African Fashion Week London, promoting African creativity globally
– Winner of the Women’s Entrepreneurship Day Award for advancing women in business
Key Source of WealthReal estate development, architecture, and oil & gas investments

See Also: How Do Millionaires Make Their Money? 7 Income Streams They Rely On

5. Stella Oduah

Princess Stella Adaeze Oduah is one of the richest women in Nigeria, renowned for her achievements in business, politics, and public service.

A trained accountant and businesswoman, she began her career at the Nigerian National Petroleum Corporation (NNPC) before founding the Sea Petroleum & Gas Company Limited (SPG), a major player in Nigeria’s oil and gas sector.

Beyond business, Stella Oduah served as Minister of Aviation, where she implemented far-reaching reforms, and later represented Anambra North as a two-term senator. Her leadership combines entrepreneurial drive with a commitment to national development and women’s empowerment.

CategoryDetails
Net Worth$600 million (USD)
CountryNigeria
Main Businesses and InvestmentsSea Petroleum & Gas Company Limited (SPG), real estate, public service
IndustryOil & Gas, Aviation, Politics
Major Achievements– Founder and CEO of Sea Petroleum & Gas Company Limited (SPG)
– Former Minister of Aviation, leading major infrastructure upgrades across Nigerian airports
– Achieved ICAO approval and international status for Enugu Airport
– Served as Senator for Anambra North, sponsoring over 35 impactful bills
– Launched extensive empowerment programmes for widows, traders, and students in her constituency
Key Source of WealthOil and gas ventures, real estate, and public sector influence

6. Mo Abudu

Mo Abudu is one of the richest women in Nigeria and one of Africa’s most influential figures in media and entertainment.

A visionary entrepreneur, filmmaker, and producer, she is the Founder and CEO of EbonyLife Media, a powerhouse brand that includes EbonyLife TV, EbonyLife Films, EbonyLife Studios, and the EbonyLife Creative Academy.

From hosting Moments with Mo, Africa’s first syndicated daily talk show, to producing international hits like The Wedding Party and Blood Sisters, Mo Abudu has redefined African storytelling and representation in global cinema. Her partnerships with Netflix, Sony Pictures, and the BBC have positioned her as a global ambassador for African creativity.

CategoryDetails
Net Worth $580 million
CountryNigeria
Main Businesses and InvestmentsEbonyLife Media, EbonyLife Films, EbonyLife Studios, EbonyLife Creative Academy
IndustryMedia, Film Production, Entertainment
Major Achievements– Creator of Moments with Mo, Africa’s first syndicated talk show
– Founder and CEO of EbonyLife Media, Africa’s first global black entertainment network
– Producer of hit films: The Wedding Party, Fifty, Òlòtūré, Blood Sisters
– Partnered with Netflix, Sony Pictures Television, AMC Networks, and BBC-
First African to chair the International Emmy Awards Gala
– Honoured with MIPTV Médailles d’Honneur and Forbes Africa Business Woman of the Year
Key Source of WealthMedia production, film rights, and international partnerships

7. Linda Ikeji

Linda Ikeji stands out as one of the richest women in Nigeria and Africa’s most successful digital media entrepreneurs. Starting from humble beginnings, she turned her passion for writing into Linda Ikeji’s Blog, one of Africa’s most visited entertainment and lifestyle websites.

Her blog revolutionised online journalism in Nigeria, shaping how millions consume celebrity news and pop culture. Beyond blogging, she has built a thriving media empire through Linda Ikeji TV and expanded into film production and real estate investments.

Linda’s rise from a struggling writer to a multimillionaire entrepreneur continues to inspire women across Africa to pursue digital innovation and financial independence.

CategoryDetails
Net Worth (2025)$11.4 million (USD)
CountryNigeria
Main Businesses/InvestmentsLinda Ikeji’s Blog, Linda Ikeji TV, real estate, film production
IndustryMedia, Entertainment, Digital Publishing
Major Achievements– Founder of Linda Ikeji’s Blog, Africa’s top entertainment platform
– Launched Linda Ikeji TV, producing reality shows and talk programmes
– Produced the Nollywood film Dark October
– Creator of the “I’d Rather Be Self-Made” women’s empowerment initiative
– Expanded into luxury real estate and digital brand partnerships
Key Source of WealthOnline media, advertising revenue, brand endorsements, and real estate investments

8. Bimbo Alase

Bimbo Alase is one of the richest women in Nigeria and a pioneering entrepreneur in the luxury furniture and retail industry. She is best known as the Founder and CEO of Leatherworld, a premier furniture brand recognised for its world-class craftsmanship and elegant showrooms.

What began as a small furniture shop has evolved into one of West Africa’s most respected luxury brands, serving elite clients and corporate institutions. Through strategic partnerships with international manufacturers like NIERI (Italy) and her establishment of Concourse Industry in the Calabar Free Trade Zone, she has redefined Nigeria’s furniture manufacturing sector.

Bimbo Alase’s journey reflects excellence, innovation, and a deep commitment to quality in business.

CategoryDetails
Net WorthUndisclosed
CountryNigeria
Main Businesses and InvestmentsLeatherworld, Concourse Industry (Calabar Free Trade Zone)
IndustryLuxury Retail, Furniture Manufacturing, Interior Design
Major Achievements– Founder and CEO of Leatherworld, Nigeria’s top luxury furniture brand
– Established the Concourse Industry to assemble and manufacture locally
– Partnered with Italian luxury furniture maker NIERI for quality production
– Expanded operations nationwide, creating a strong luxury retail footprint
– Recognised for mentoring emerging entrepreneurs and promoting women in business
Key Source of WealthLuxury furniture manufacturing and retail operations

9. Adenike Ogunlesi

Adenike Ogunlesi is one of the richest and most inspiring women in Nigeria, celebrated for her innovation in fashion and youth empowerment. She is the Founder and Creative Director of Ruff ’n’ Tumble, a leading children’s clothing brand that grew from selling handmade pyjamas out of her car into a household name across Nigeria and West Africa.

Through passion, creativity, and business acumen, she has turned her brand into a symbol of excellence in African fashion and manufacturing.

Ogunlesi also established Gatimo Apparel, a garment factory producing clothes to global standards, and founded the Betti-Okuboyejo Foundation, empowering young Nigerians with fashion and entrepreneurship skills.

CategoryDetails
Net Worth (2025)$280(USD)
CountryNigeria
Main Businesses/InvestmentsRuff’n’Tumble, Gatimo Apparel, Betti-Okuboyejo Foundation
IndustryFashion, Manufacturing, Retail
Major Achievements– Founder and Creative Director of Ruff ’n’ Tumble, West Africa’s leading children’s clothing brand
– Established Gatimo Apparel, a state-of-the-art garment factory
– Founded Betti-Okuboyejo Foundation, training youth in garment-making and entrepreneurship
– Serves as Non-Executive Director at Lafarge Africa and advisor at Lagos Business School’s EDC
– Founding president of NNEW (NECA Network of Entrepreneurial Women)
– Winner of multiple awards, including FATE Model Entrepreneur Award, CNBC Africa Business Woman of the Year, and Diamond Woman Award
Key Source of WealthFashion design, garment manufacturing, and retail expansion

10. Sola David-Borha

Sola David-Borha is one of the richest and most respected women in Nigeria, renowned for her distinguished career in banking and corporate leadership.

She is the former CEO of Standard Bank Group’s Africa Regions, where she oversaw banking operations across multiple African countries, and previously served as CEO of Stanbic IBTC Holdings and Stanbic IBTC Bank.

With over three decades of experience, her strategic leadership has been instrumental in strengthening Nigeria’s financial sector and expanding pan-African banking networks. Sola continues to serve on several prestigious boards, making her one of the most influential voices in African finance and governance.

CategoryDetails
Net Worth (2025)$30 million
CountryNigeria
Main Businesses/InvestmentsStanbic IBTC Holdings, Standard Bank Group, multiple board directorships
IndustryBanking, Finance, Corporate Governance
Major Achievements– Former CEO of Standard Bank Africa Regions, leading operations across several African markets
– Former CEO of Stanbic IBTC Holdings and Stanbic IBTC Bank, driving strong profit and asset growth
– Current Chairman of Stanbic IBTC Holdings Board
– Non-Executive Director on boards including Coca-Cola HBC AG, and Fate Foundation
– Recipient of Business Woman of the Year (West Africa & Africa) at the All Africa Business Leaders Awards
Key Source of WealthExecutive leadership in finance and corporate board appointments

Conclusion

In celebrating these remarkable women, we recognise that wealth is not only measured in naira or dollars but also in vision, resilience, and the lives they transform.

The world’s richest women, from boardrooms to creative studios, continue to shape industries, break barriers, and inspire generations to dream bigger.

We want to see you succeed, and that’s why we provide valuable business resources to help you every step of the way.

Frequently Asked Questions (FAQs)

Who is the richest woman in the world?

As of today, Françoise Bettencourt Meyers remains the richest woman in the world. With an estimated net worth of over $95 billion, she is the heiress to the L’Oréal empire and serves as Chairwoman of the company.

Who is the richest woman in Africa?

Isabel dos Santos from Angola has long been recognised as Africa’s richest woman. Her wealth, estimated at over $2 billion, comes from investments in oil, telecommunications, and banking.

Who is the richest woman in Nigeria?

Folorunsho Alakija remains the richest woman in Nigeria. She built her fortune from oil, real estate, and fashion, and serves as the Vice Chairperson of Famfa Oil Limited, one of Nigeria’s most successful indigenous oil exploration companies.

How do the richest women in the world, Africa, and Nigeria make their money?

Their wealth is spread across diverse sectors, including technology, oil and gas, manufacturing, finance, real estate, fashion, beauty, and media.

What can young entrepreneurs learn from the richest women in the world, Africa, and Nigeria?

The most valuable lessons are vision, discipline, and strategic diversification. These women invested in industries with long-term growth potential and surrounded themselves with skilled teams. They also mastered personal branding, financial literacy, and perseverance, traits that every aspiring entrepreneur should cultivate.

How do these women contribute to society?

Philanthropy is a consistent theme. From MacKenzie Scott’s record-breaking charitable donations to Folorunsho Alakija’s Rose of Sharon Foundation, these women reinvest in their communities through education, healthcare, women’s empowerment, and entrepreneurship programmes.

Are all the richest women self-made?

No. While many billionaires are self-made, some inherited substantial assets which they expanded through smart management and diversification. For example, Jacqueline Mars (Mars Inc.) and Julia Koch (Koch Industries) inherited family wealth but transformed it into long-term empires.

What industries are creating the next generation of female billionaires?

Emerging sectors like technology, renewable energy, fashion, digital media, and fintech are producing a new wave of female entrepreneurs and investors. In Africa, fintech and agriculture are proving to be particularly lucrative, while globally, women in tech and sustainable innovation are leading the next phase of billion-dollar success stories.

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Kate Chukwu

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