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The $80 MILLION woman 🤯 I interviewed a private equity mogul in Nigeria and I asked her how she got RICH! I asked Adesuwa Rhodes the number one lesson about money she learned after managing over $80 million and how she dealt with facing rejection early on in her career. I also asked her the biggest misconception people have about Africa and the best industry to get into in today’s world. Lastly, I asked her about her faith and belief in God. #wealth #entrepreneur #financialfreedom #motivation

@theschoolofhardknocks
17.6M views2.1M likes1:52ENJun 29, 2026
476 words2555 characters63 sentencesReadability: Grade 4

Transcript

Excuse me, ma'am. Ma'am. Question for you. (inaudible) I have a cheater with 24 million followers. I'm going over Nigeria asking billionaires how they got rich. How did you get rich? I'm in private equity. You're in private equity. How long have you been in the business? About 12 years now. What was the most amount of money you made in a single year? So we managed about $80 million now. Did you say $80 million? $80 million. Can I interview you for a minute? I'm going all out. Is that okay? You made it $80 million. What's the number one money lesson you've learned that you would give to the younger generation? So my favorite quote is a river cuts through rock, not because of its power, but because of its persistence. 99% of success is refusing to take note for an answer. So you faced a lot of rejection? A lot of rejection. It took me eight years to raise my first fund. Eight years. People always told me that I couldn't make it in private equity because I was young, I was black, and I was a woman. If someone is not going to give you a seat at that table, create it yourself. Did you go to college? Of course I went to university. Do you need a degree to get into private equity? Oh no, hell no. You don't need a degree to get into private equity. Why not? What do you need as human connection? What country are we in right now? We're in Nigeria, you're here in Lagos. And what is the biggest misconception people around the world have about Africa as a whole? So the fear is priced in, but the upside is not. One in four people by 2050 will be African. In 2050, Nigeria will be the third largest country in the world by population. If you're not investing in Africa, you should be. What is the best industry people should be looking to get into right now? I'm a big proponent of the informal economy. It's a $1 trillion opportunity. Informal economy. So that is the women in the streets that are selling you your milk, your bread, your Coke, your water. They don't have a formal bank account. But it's a $1 trillion opportunity. And nobody's talking about it. Nobody's talking about it. If you find businesses that are enabling the informal economy, you'll be a billionaire. You're held today? I'm 36. You believe in God? Of course I believe in God. I believe in Jesus. Without Him and without the doors that He opened, there's nowhere I'm standing here talking to you today. Can I tell you something? Tell me. You have amazing advice. Thank you. I connect with all the millionaires and billionaires at any of you. Could I get your contact?

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