Businesspersons
Folorunsho Alakija Net Worth
Folorunsho Alakija's Net Worth as of 2024
$2.5 Billion
Folorunsho Alakija (nee Ogbara) was born on the 15th July 1951, in Ikorodu, Lagos State, Nigeria She is Nigerian business tycoon, known for her involvement in the oil, printing and fashion industries. Alakija is the second richest woman in Africa and the richest in Nigeria, the managing director of The Rose of Sharon Group, and the executive vice-chairman of Famfa Oil Limited. The oil and fashion businesses have helped her to increase her net worth. Alakija’s career started in 1974.
Have you ever wondered how rich Folorunsho Alakija is as of mid-2016? According to authoritative sources, it has been estimated that Alakija’s net worth is $2.5 billion. In addition to her successful fashion and printing business, Alakija worked in banking as well which generated more money to her account.
Folorunsho Alakija Net Worth $2.5 Billion
Folorunsho Alakija is the daughter of Chief L. A. Ogbara, and at age seven, the wealthy family sent her to the United Kingdom for education at Hafodunos Hall in Llangernyw, Wales. She returned to Nigeria and attended the Muslim High School in Sagamu, Ogun State., then went back to the UK for secretarial studies at Pitman’s Central College, London, and also attended the American College, London and the Central School of Fashion, studying fashion design.
Alakija launched her career in 1974 as the executive secretary at Sijuade Enterprises, Lagos, Nigeria, but later moved to Chicago to work in the former First National Bank, now FinBank. She stayed there for several years, and then established a tailoring company named “Supreme Stitches”. The business rose to prominence in the coming years and became a household name by promoting Nigerian folklore and culture through fashion. Alakija then formed the company Famfa Limited in the early 90’s, and was granted to explore for oil on a 617,000-acre block in 1993. Since then, her net worth has dramatically increased and is still rising. In 1996, she joined the Star Deep Water Petroleum Limited as a partner, and was appointed as a technical adviser, utilising the strength of umbrella company Texaco, and where she has operated since to significant advancement of her net worth.
In March 2016, Alakija became the first female Chancellor of the University of Nigeria. According to Forbes magazine in 2015, she is the 87th most powerful woman in the world.
Folorunsho Alakija is a generous philanthropist and has established the Rose of Sharon Foundation that helps orphans and widows by giving them the scholarships and business grants. She also established The Folorunsho Alakija Scholarship Scheme to aid indigenous Nigerians who cannot afford an education. Alakija is also currently the Chief Matron of Africa’s Young Entrepreneurs.
Regarding her personal life, Folorunsho Alakija married the lawyer Modupe Alakija in 1976, and the pair has four sons. Folorunsho and Modupe live in Lagos, Nigeria. Her nephew is DJ Xclusive, the British-Nigerian DJ.
Actors
Jeff Beitzel Net Worth
Jeff Beitzel was born in the United States of America, and was a businessman and reality television personality, best known for establishing several successful automotive companies such as Quantum Fuel Systems, of which he was the COO, and also for starring in the reality show “The Real Housewives of Orange County”. All of his efforts helped put his net worth to where it was prior to his passing.
How rich was Jeff Beitzel? As of early-2017, sources inform us of a net worth that was at $3 million, mostly earned through the success of his numerous companies. He helped create and expand several automotive businesses, serving in high positions in them. He reportedly earned a salary of $725,000, but all of his achievements ensured the position of his wealth.
Jeff Beitzel Net Worth $3 million
Jeff attended Lehigh University, and would graduate with a degree in mechanical engineering. After his studies, he started working at the Ford Motor Company, and after gaining a lot of experience, he began establishing his own automotive businesses, which included Quantum Fuel Systems Technology; the company focuses on fuel storage, fuel efficiency, and natural forms of fuel. Beitzel eventually rose up to become the COO of the company in 2005. Other groups he worked for include Tecstar Automotive Group (formerly Starcraft Corp.) and Powertrain Integration. He served as the Co-Chief Executive Officer of Tecstar and was the president of Tecstar subsidiaries, as well as the President of Powertrain Integration. Quantum Fuel Systems eventually merged with Tecstar, but Powertrain Integration on the other hand focuses on powertrain solutions including highway systems, alternative fuels, and other services. Thanks to all of these endeavors, his net worth continued to increase.
Jeff eventually became engaged to reality television star and businesswoman Gretchen Rossi. Since then, he started appearing in the hit reality TV show “The Real Housewives of Orange County”, which helped somewhat in increasing his net worth further. The show started in 2006 airing on Bravo TV, its premise being to show the professional and personal lives of several women residing in Orange County. Rossi started appearing in the show during the fourth season, and Jeff started getting featured on the show when they became engaged. The show also featured his battle with leukemia.
For his personal life, it is known that Jeff was married five times before becoming engaged to Rossi; he passed away in 2008 from leukemia. After his death, his ex-wife and three children started challenging Rossi in the press, claiming the Beitzel never really intended to marry her. The issue was also brought out because it was reported that Jeff left Gretchen several million dollars in his estate. Despite this, Rossi has shrugged off most of the statements against her and even dedicated a social media post to Jeff during the anniversary of his death. She’s also reported to have spent time with his kids, even amidst rumors of infidelity during their relationship. One of Jeff’s children has commented that all the publicity didn’t really matter, because in the end his father loved Rossi.
Billionaires
Gautam Adani Net Worth
Gautam Shantilal Adani was born on the 24th June 1962, in Ahmedabad, Gujarat, India and is a businessman, widely known as a founder and the chairman of the multinational conglomerate Adani Group. Adani has been active in the business of coal mining and gas distribution since 1988.
How much is the net worth of Gautam Adani? It has been estimated by authoritative sources that the overall size of his wealth is as much as $8.8 billion, as of the data presented in the middle of 2017. Adani Group is the main source of Adani’s fortune.
Gautam Adani Net Worth $8.8 Billion
To begin with, the boy with his seven siblings, was raised in Ahmedabad by his parents Shanta and Shantilal Adani. He was educated at the Sheth Chimanlal Nagindas Vidyalaya school, then entered Gujarat University to study commerce, yet he dropped out.
Currently, the billionaire Gautam Adani owns the largest brand of oil in India. The company was founded in 1988, with Gautam the founder and current president. He said he created his Group with a vision of Nation Building, that is to say by developing assets that he believes are important economic issues for the country. The Adani Group has grown rapidly by diversifying into import – export – it opened its own port in Mundra, to better control its trading operations. Construction began in 1995 and in 1998 it became one of the major sources of foreign exchange for India.
The following year, the company embarked on financial and energy speculation with coal trading, and soon created a joint venture (Adani Willmar) in the field of petroleum products trading in 2000. A second phase began for the group with the creation of large infrastructures. The company created a portfolio of ports, power stations, mines and a fleet of ships and railway lines in and out of India. In 2006, the company became the largest importer of coal in India – 11 million tons. Adani sought to be less dependent on the coal market, so he started to buy and control coal mines. Thus, he bought the Australian group Linc Energy, in order to supply the group’s coal-fired power stations. In 2008, he bought the Bunyu mine in Indonesia , with 180 million tons of coal reserves, and the following year, Adani Group became an energy company, producing 330 MW of thermal energy. In 2011, the group also decided to buy the exploitation rights of a large part of the Galilee coal basin in Australia. To prepare for the import of Australian coal, he ordered a large-capacity coal terminal at Mundra (the largest in the world) and in the same year he bought the Australian port of Abbot Point. This project is yet to come to fruition.
In 2012, the Group began a 3rd phase of development as integration infrastructure, renewing its logo and developing a new identity. The company focuses on three areas: resources, logistics and energy. Subsequently, under the direction of Gautam Adani, the Adani Group became a multinational conglomerate active in the production of electricity – especially through coal – and port terminals, logistics and agribusiness. It is India’s largest developer and port operator. The Group is the major source of Gautam Adani’s net worth.
Finally, in the personal life of Gautam, he is married to Priti and they have two children.
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