Femi Otedola

Quick Facts

Full Name	Femi Otedola
Occupation	Businessman
Date Of Birth	Nov 4, 1962(1962-11-04)
Age	62
Birthplace	Ibadan
Country	Nigeria
Birth City	Oyo State
Horoscope	Scorpio

Femi Otedola Biography

Femi Otedola is one of the most popular and richest Businessman who was born on November 4, 1962 in Ibadan, Oyo State, Nigeria.

Otedola has made several donations to the Michael Otedola University Scholarship Scheme, which was established in 1985 to give underprivileged students in Lagos State access to higher education. In 2005 Zenon donated N200 million to the scheme’s fund. Since its inception the scheme has benefited more than 1,000 students.

Otedola was born in Ibadan, the capital of Oyo State, south west Nigeria, into the family of the late Sir Michael Otedola, Governor of Lagos State from 1992 to 1993.

Femi Otedola Net Worth

Femi Otedola is one of the richest Businessman from Nigeria. According to our analysis, Wikipedia, Forbes & Business Insider, Femi Otedola 's net worth US$275 million (2017). (Last Update: December 11, 2023)

Femi Otedola (born (1962-11-04 ) 4 November 1962) is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products. Otedola is the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance. He has recently invested in power generation as part of the liberalisation of the sector in Nigeria.

Height, Weight & Body Measurements

Femi Otedola height Not available right now. Franco weight Not Known & body measurements will update soon.

Who is Femi Otedola Dating?

According to our records, Femi Otedola married to Nana Otedola. As of December 1, 2023, Femi Otedola’s is not dating anyone.

Relationships Record : We have no records of past relationships for Femi Otedola. You may help us to build the dating records for Femi Otedola!

By 2005, Zenon controlled a major share of the Nigerian diesel market, supplying fuel to most of the major manufacturers in the country including Dangote Group, Cadbury, Coca-Cola, Nigerian Breweries, MTN, Unilever, Nestle and Guinness.

Facts & Trivia

Franco Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in Nigeria. Femi Otedola celebrates birthday on November 4 of every year.

Otedola has made a number of real estate investments, including a N2.3 billion acquisition in February 2007 by Zenon of Stallion House in Victoria Island in Lagos, from the Federal Government. The following month he was appointed chairman of the Transcorp Hilton Hotel in Abuja and tasked with driving its expansion and upgrade to a seven star faciility. He is the owner of FO Properties Ltd. Otedola has been reported to be a financier of the People’s Democratic Party and is said to have contributed N100 million to President Obasanjo’s re-election expenses in 2003. He was a close ally of President Goodluck Jonathan. He has served as a member of the Nigerian Investment Promotion Council (NIPC) since 2004, and the same year was appointed to a committee tasked with developing commercial relations with South Africa. In 2011, Femi Otedola was appointed by President Goodluck Jonathan to Nigeria’s National Economic Management Team.

How much is Femi Otedola net worth?

NameFemi Otedola

CitizenshipNigeria
Net worth (USD) 5.9 Billion
Sources of wealthPetroleum

What does Femi Otedola do?

Professions

Is Cuppy Otedola's daughter?

DJ Cuppy aka Ifeoluwa Florence Otedola na di daughter of Nigerian billionaire Femi Otedola , but she don manage to build a brand for herself away from her papa billions. She describe herself as DJ, artiste, philanthropist and student.

Is Otedola a billionaire in dollars?

According to Forbes the 5 richest Nigerians are: Aliko Dangote (net worth US $14.4 billion), Mike Adenuga (net worth US $9.9 billion), Femi Otedola ( net worth US$1.85 billion ), Folorunsho Alakija (net worth US$1.55 billion), Abdul Samad Rabiu (net worth $1.1 billion).

Who is the youngest billionaire in Nigeria?

Case in point, a 9-year-old Nigerian kid, who is being dubbed as the ‘world’s youngest billionaire’ on account of his lavish lifestyle. Muhammed Awal Mustapha AKA Mompha Junior , is living the Richie Rich life as he owned his first mansion at age six, something most don’t manage in a lifetime!