Company: The Rose of Sharon Group
Net Worth: $1.5 billion
Africa is an amazing continent full of natural resources and innovation. Today, some of Africa’s leading entrepreneurs from across this diverse land have turned those resources into massive empires. Most of the top 10 richest women in Africa 2020 are successful businesswomen. South Africa and Nigeria lead the list with the number of rich women living in this continent. Information for creating this article was sourced from Forbes and Investing.com
Company: The Rose of Sharon Group
Net Worth: $1.5 billion
Folorunsho Alakija is vice chair of Famfa Oil, a Nigerian oil exploration company with a stake in Agbami Oilfield, a prolific offshore asset.
Famfa Oil’s partners include Chevron and Petrobras.
Alakija’s first company was a fashion label whose customers included the wife of former Nigerian president Ibrahim Babangida.
The Nigerian government awarded Alakija’s company an oil prospecting license in 1993, which was later converted to an oil mining lease.
The Agbami field has been operating since 2008; Famfa Oil says it will likely operate through 2024.
Net Worth: $1 billion
Ngina Kenyatta was born on 24th June 1933, she is popularly known as “Mama Ngina” she is the former First Lady of Kenya. She is the widow of the country’s first president, Jomo Kenyatta (~1889–1978), and also the mother of President Uhuru Kenyatta.
Company: Bolmus Group International
Net Worth: $630 million
Hajia Bola Shagaya (born October 10, 1959) is a Nigerian businesswoman and fashion enthusiast. She is one of the richest women in Africa 2020 .
She is currently married to Alhaji Shagaya, a Kwara State-based transport mogul, and has six children.
She started her career with the audit department of the Central Bank of Nigeria before venturing into commercial activities in 1983. Her business experience started with the importation and distribution of photographic materials and she introduced the Konica brand of photographic materials into the Nigerian market and West Africa.
Hajia Bola Shagaya is also the managing director of Practoil Limited, one of the largest importers and distributors of base oil in Nigeria, serving local lubricant blending plants. Her businesses also includes huge investment in real estate, spanning across major cities in the country with over three hundred employees.
Company: Liberty Investors
Net Worth: $259.3 million
Wendy Appelbaum is the Owner and Chair of De Morgenzon Wine Estate in Stellenbosch.
Wendy Appelbaum, daughter of Liberty Group founder Donald Gordon, is the Owner and Chair of De Morgenzon Wine Estate in Stellenbosch. Appelbaum admittedly did have an advantage in being the daughter of Donald Gordon. Having such a powerful, influential father was “almost like growing up in a business school”. She inherited his flair and mind for business. However, her father is not responsible for her successes. “He certainly taught me a lot about business,” says Appelbaum, “but being a girl and growing up in the 1970s [meant] there was not much expectation [for] me to do anything. It was my choice to do something. So, I have always worked and I have always been busy.” She grew up wanting to challenge expectations, and that she did. Today, she is arguable the richest woman in South Africa.
Company: Pick N Pay Holdings Ltd.
Net Worth: $190.2 million
Wendy Ackerman is one of the founders and an Executive Director of Pick n Pay Stores. Together with husband Raymond Ackerman she helped build up one of South Africa’s pre-eminent FMCG retailers, consisting of over 450 stores including 121 supermarkets and 14 hypermarkets. Operations are in food, clothing, and general merchandise sectors as well as financial services. The company operates throughout South Africa, southern Africa and Australia and employs around 49,000 people. Today, much of Wendy’s boundless energy is devoted to her family’s philanthropic endeavours and her personal work for the underprivileged.
Company: Smile Telecoms
Net Worth: $150 million
Irene Charnley (born 6 May 1960) is a former trade unionist and businesswoman from South Africa.
Charnley first made her mark on the African business community as a negotiator for South Africa’s National Union of Mineworkers where she spent 13 years co-ordinating various divisions of union operations. She went on to become an executive director for the MTN Group, which is Africa’s largest telecommunications company. Under her leadership several African and Middle Eastern countries (including Nigeria and Iran) were connected into the MTN network. Charnley was the behind the founding of the National Empowerment Consortium made up of 50% black business owners and 50% black African laborers. They eventually owned 35% of Johnnic Holdings (now called Johnnic Communications).
Company: Mmakau Mining
Net Worth: $100 million
Bridgette Motsepe Radebe is a South African businesswoman of Tswana descent and the sister of South African businessman Patrice Motsepe and First Lady of South Africa Tshepo Motsepe.
She was born on 26 February 1960. Radebe started out as a common miner in the 1980s; managing individual shaft mining operations and producing materials for the larger mine operations in South Africa while working under a contract. She started Mmakau Mining; a mining firm that initiates explorations and helps to produce platinum, gold, and chrome.
Company: Octodec Investments
Net Worth: $43.1 million
Sharon Wapnick’s father Alec Wapnick, founded Octodec Investments and Premium Properties, two property loan stock companies listed on the Johannesburg Securities Exchange.
Wapnick is one of the top 5 shareholders in each company, and her shares are estimated to be worth R544 million, according to Forbes.
Net Worth: $5 million
Tiwatope Savage was born on 5th February 1980. She is known professionally as Tiwa Savage, a Nigerian singer, songwriter and actress. She was born in Isale Eko and relocated to London at the age of 11 to pursue a secondary education. Five years later, she began her music career doing backup vocals for artists such as George Michael and Mary J. Blige.
After participating in the UK edition of The X Factor and graduating from Berklee College of Music, Savage signed a publishing deal with Sony/ATV Music Publishing in 2009.
Inspired by the growth of the Nigerian music industry, Savage moved back to Lagos and signed with Mavin Records in 2012. She made an appearance on the label’s compilation album Solar Plexus, released that same year
|Net worth||$1.8 billion|
|Name||Safra A. Catz|
|Born||December 1, 1961|
Safra Catz net worth 2021: Safra A. Catz is an Israeli-American billionaire banker and technology executive. She is the CEO of Oracle Corporation. She currently has anet worth of $1.8 billion.
Catz was born in Holon, Israel, to Jewish parents. Her father was an immigrant from Romania. She moved from Israel to Brookline, Massachusetts at the age of six.
Catz graduated from Brookline High School. She earned a bachelor’s degree from the Wharton School of the University of Pennsylvania in 1983 and a J.D. from the University of Pennsylvania Law School in 1986.
Catz was a banker at Donaldson, Lufkin & Jenrette, serving as a managing director from February 1997 to March 1999 and a senior vice president from January 1994 to February 1997 and previously held various investment banking positions since 1986.
In 1999, Catz joined Oracle as senior vice president. She has been a non-executive director of Oracle subsidiary Hyperion Solutions since April 2007. She has been a member of the executive council of TechNet since March 2013. She was a director of PeopleSoft Inc since December 2004 and Stellent Inc. since December 2006.
Catz joined Oracle Corporation in April 1999. Catz became a member of the company’s board of directors in October 2001 and president in early 2004. She is credited for having driven Oracle’s 2005 efforts to acquire software rival PeopleSoft in a $10.3 billion takeover. Catz is also the company’s CFO, serving temporarily in that role from November 2005 to September 2008, and from April 2011 to the present. Mark Hurd joined her as co-president in 2010. In December 2019, Oracle stated that Catz would be the sole CEO after Hurd’s death.
In 2009 she was ranked by Fortune as the 12th most powerful woman in business. In 2009 she was ranked by Forbes as the 16th most powerful businesswoman.
In 2014, she was ranked 24th. According to an Equilar analysis published by Fortune, she was in 2011 the highest-paid woman among Fortune 1000 companies, receiving an estimated US$51,695,742 in total remuneration.
Catz is a lecturer in accounting at the Stanford Graduate School of Business Catz was a director of HSBC Group from 2008 to 2015.
After the election of Donald Trump, Catz was one of several high-profile CEOs, including Tim Cook, Sheryl Sandberg and Jeff Bezos, invited to talk with the then president-elect about potentially taking up a position in the incoming administration.
According to Bloomberg, she was considered for the post of U.S. Trade Representative or Director of National Intelligence.
Catz is the highest paid female CEO of any U.S. company as of April 2017, earning $40.9 million after a 23% drop in her total compensation relative to 2016.
Read Ilhan Omar net worth
She was elected to the board of directors of The Walt Disney Company in December 2017, effective February 2018.
Safra Catz net worth is $1.8 billion. She has been an executive at Oracle since April 1999, and a board member since 2001. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison.
In September 2014, Oracle announced that Ellison would step down as CEO and that Mark Hurd and Catz had been named as joint CEOs. In December 2019, Oracle stated that Catz would be the sole CEO after Hurd’s death.
Read Tim Cook net worth
Bob Dudley net worth: Robert Warren Dudley is an American-born businessman who is a former group chief executive of BP.
He had served as president and chief executive of TNK-BP and on June 18, 2010, was assigned to be BP executive in charge of the Gulf Coast Restoration Organization responding to the Deepwater Horizon oil spill. He is the chair of the international industry-led Oil and Gas Climate Initiative (OGCI).
Dudley was born in Queens, New York, grew up in Hattiesburg, Mississippi, and graduated from Hinsdale Central High School in suburban Chicago in 1973. He received a bachelor’s degree in chemical engineering from the University of Illinois, where he joined the fraternity Phi Kappa Psi and served as District 3 Archon.
He then obtained a master of international management (MIM) degree from the Thunderbird School of Global Management (now part of Arizona State University) and an MBA from Southern Methodist University.
Dudley joined Amoco in 1979. He worked in a variety of positions including negotiating deals in the South China Sea. He worked in the oil industry for a long time including Amoco in Moscow from 1994 to 1997. He became a general manager for strategy. After BP acquired Amoco he assumed a similar position at BP.
From 2003-2008 he was president and chief executive of TNK-BP. He was appointed when BP went into partnership with a group of Russian billionaires known as AAR.
The deal was worth $6bn (£3.6bn at the time). Under Dudley, the joint venture increased oil output by a third to 1.6 million barrels per day. However, he fell out with AAR, who accused him of favouring BP. Disputes escalated and reached a point where BP’s technical staff were barred from working in Russia. In June 2008, Bob Dudley left Russia in haste when his visa was not renewed.
At the time, he said he had faced “sustained harassment” from the Russian authorities. For five months, he attempted to run TNK-BP from an undisclosed secret location outside Russia but resigned in December 2008.
Wikileaks revealed that Bob Dudley strongly suspected Igor Sechin, Russia’s deputy prime minister and chairman of the state-owned energy company, Rosneft, for organizing a boardroom coup that led him to feel life-threatened.
On April 6, 2009 he became a managing director of BP, and was given oversight of the company’s activities in the Americas and Asia
On June 23, 2010, he was appointed president and chief executive officer of BP’s Gulf Coast Restoration Organization working with the oil leakage in the Gulf of Mexico, which affected five US states. As head of the organization, he was responsible for the cleaning work in the Gulf, the cooperation with authorities, informing the public about BP’s activities surrounding the disaster and analyzing the damage caused by the disaster.
Dudley succeeded Tony Hayward as their group chief executive on October 1, 2010. He worked as Group CEO until 2020 when he was succeeded by Bernard Looney.
Bob Dudley took an annual salary of $15.1 million which was later cut to $14.1 million as chief Executive officer of the group.
Rich Lesser net worth: Richard “Rich” Lesser is an American businessman who has served as the CEO of American global management consultancy the Boston Consulting Group (BCG).
Lesser grew up in Pittsburgh, Pennsylvania during the 1970s, a time of economic hardship for the city due to the implosion of the steel industry at the time.
He holds an MBA from Harvard Business School, where he was a Baker Scholar, and a bachelor’s degree in Chemical Engineering, summa com Laude, from the University of Michigan.
Lesser started his career as a process development engineer and group leader at Procter & Gamble. In 1988, Lesser joined BCG as a consultant. He served as the head of the New York Metro office system from 2000 to 2009, and as BCG’s Chairman for North and South America from 2009 to 2012.
He was elected to the firm’s Executive Committee in 2006. Since joining BCG in 1988, Lesser’s client work has focused on strategy, operations, leadership, and large-scale transformation. It is claimed he played a pivotal role in helping BCG become the only global management consulting firm to grow strongly through the 2008 recession.
In May 2012, he was named the successor of Hans-Paul Bürkner as the Global Chief Executive Officer of Boston Consulting Group.
Under his leadership, BCG has continued its strong global growth across all regions an practices, fueled by investments in new offices, digital and analytics, and capabilities to drive innovation and transformation.
Lesser oversaw the launch of BCG Digital Ventures, a builder and accelerator of digital businesses; BCG Gamma, an analytics and machine-learning team; and BCG TURN, a turnaround, restructuring, and transformation unit and more recently, the Center for Climate Action.
In October 2018, Lesser began a third three-year term as CEO of Boston Consulting Group
Lesser also serves as chief advisor to the World Economic Forums’s (WEF) Alliance of CEO Climate Leaders, is on the Board of Directors of the Business Roundtable, and is a member of the WEF’s International Business Council.
He has accelerated BCG’s strong investments in social impact through its many partnerships, including the World Food Programme, Save the Children, and the World Wildlife Fund.
In December 2016, Lesser joined a business forum assembled by then-president-elect Donald Trump to provide strategic and policy advice on economic issues.
According to Forbes, BCG is worth $8.5 billion. Founded in 1963, BCG (Boston Consulting Group) is a global management-consulting firm. BCG helps corporations and other organizations innovate and achieve sustainable competitive advantage.
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