(LAGOS, Nigeria) — A pan-African magazine says Africa has many more billionaires than previously reported, 55 of them worth $143.88 billion including a Nigerian said to be the richest black woman in the world. "Move over, Oprah!" Ventures Africa says in its latest edition published this week. Editor-in-chief Uzodinma Iweala said Tuesday their estimates are "on the conservative side." The report predictably identifies Nigerian manufacturer Aliko Dangote as the richest African worth $20.2 billion, among 20 Nigerians listed. It surprises by identifying oil tycoon Folorunsho Alakija as the richest black woman in the world, worth $7.3 billion. Forbes magazine in its respected list had estimated Alakija's fortune at $600 million and Oprah Winfrey's worth at $2.9 billion. Iweala said his researchers are "closer to the ground" and expect to unearth more African billionaires.(http://stats.wordpress.com/b.gif?host=world.time.com&blog=19871253&post=108222&subd=timeglobalspin&ref=&feed=1)
Source: Report: 55 African Billionaires, Richest Woman (http://world.time.com/2013/10/08/report-55-african-billionaires-richest-woman/)