Home » World’s richest Black woman Oprah Winfrey gains $300 million in just five days

World’s richest Black woman Oprah Winfrey gains $300 million in just five days

by Omokolade Ajayi
Oprah Winfrey

Further cementing her position as the world’s richest Black woman, Oprah Winfrey has seen a remarkable surge in her net worth over the past five days, driven by the recent increase in the value of her diverse investments.

According to Forbes, Winfrey, a top figure among the world’s richest Black individuals, has seen her net worth increase by $300 million in the last five days. Her wealth has surged from $2.5 billion on Septe,30 to $2.8 billion.

This substantial boost in her fortune can be attributed to the revaluation of her expansive assets and business ventures spanning the media and entertainment industry, as well as the performance of her investments in various companies and her extensive real estate holdings.

Winfrey, often referred to as the “Queen of Talk,” has built a thriving media empire that includes Harpo Productions, which has co-produced iconic films like “The Color Purple,” “Beloved,” and “Selma.”

Her diverse range of investments and businesses in the media industry have contributed to her impressive net worth and established her as a powerful figure and an inspiration for people, particularly those from marginalized communities.

In addition to her media ventures, Winfrey holds a significant 25.5-percent stake in the Oprah Winfrey Network (OWN), a cable channel established in 2011, and a seven-percent stake in Weight Watchers, a global company valued at $492 million, that offers weight loss and maintenance services.

What sets Winfrey apart from her peers is her ability to create memorable moments through conversations and her astute investment decisions, particularly in the real estate and property markets. She has made significant gains from her real estate holdings, with her most recent success being the sale of her Montecito estate in California.

The transaction resulted in a gross profit of $6.6 million, bolstering her financial standing. In addition to her existing ventures, Winfrey recently diversified her portfolio with a significant investment in Dr. Barbara Sturm’s skincare brand.

Her remarkable financial achievements continue to set her apart as an influential figure in both the entertainment industry and the world of business, solidifying her position as the world’s richest Black woman.

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