2 Out Of 3 Africans On Forbes 100 Most Powerful Women List Are Nigerians, Check Out Their Cars and Net worth

In December 2022, Forbes, one of the top media companies in the world that monitors world businesses, power, and influence, released their list of the most powerful women in the world, and only three are Africans. Out of the three Africans, two of them are Nigerians.

The two Nigerian women who made it to the list are Ngozi Okonjo-Iweala and the owner of Ebony Life, Mo Abudu. Here’s everything to know about these two women, their crazy net worth and the cars they own.

Media Mogul — Mo Abudu ($650 Million)

Mosunmola Abudu, popularly known as Mo Abudu, is a Nigerian media businesswoman. She was born to Nigerian parents in the United Kingdom. 

At 19, she had already become a brand ambassador for AVON Cosmetics in the African market. Her early career path was in Human Resource Management before she pivoted into media.

In the early 2000s, her TV show, Moments With Mo, was a popular interview-styled. She opened Ebonylife TV, an entertainment channel, in 2006.

Today, Ebonylife airs across Africa, the Caribbean, and the United Kingdom. Her company has produced several notable Nigerian movies.

In 2019, she opened Ebonylife, a lifestyle and entertainment resort in Victoria Island, Lagos. In 2020, she started her partnership with Netflix, launching the film Oloture in September 2020.

According to Forbes, Mo Abudu “is one of the most powerful women in global media.”

With her net worth of $650 million and over half a billion dollars, Mo Abudu can afford to purchase the most luxurious vehicles in the world today. While much is not known about her cars, what is of public knowledge is that she owns a Mercedes-Benz SUV she bought for 20 million Naira.

Director General Of World Trade Organization — Ngozi Okonjo Iweala ($550 Million)

Ngozi Okonjo Iweala is not just a big name in Nigeria but across Africa and the globe. The globe-trotting Economist is one of the few brains managing Nigeria’s finances for over a decade.

She is a development economist and currently the Director General of the World Trade Organization. She is also the first woman and first African to serve as WTO’s director general. She first worked at the World Bank for 25 years, and by the time she left, she was already the World Bank’s Managing Director of Operations.

She equally served two terms as Nigeria’s Finance Minister from 2003 to 2025. Forbes refers to her as having “the power of trade to lift developing countries out of poverty” and helping them “achieve sustainable development.”

Ngozi Okonjo Iweala graduated magnum cum laude with a bachelor’s degree in Economics from Harvard University in 1976. She holds a master’s degree in City Planning and a doctorate degree in Regional Economics and Development from the Massachusetts Institute of Technology.

Not all the cars Ngozi Okonjo Iweala owns are known. Some of the new ones include a Mercedes-Benz S-class. This vehicle is powered by a 4.0-litre V8 engine that produces 463 horsepower. The vehicle’s passenger seat accommodates 4-5 people, and the car’s starting price is 72 million Naira.

Conclusion

These two women are the top most powerful women, according to Forbes. However, they are not the richest women in Nigeria but on the top 10 list of richest women in Nigeria. They own several luxury cars but are occupied with their work and personal lives to share their cars on social media.