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Femi Otedola Biography: Age, Wife, Son & Net Worth



Femi Otedola

We feature you the biography of Femi Otedola, with essential information you might know regarding the Nigerian billionaire.

Otedola is no doubt one of many richest businessmen in Nigeria, acknowledged for his worthwhile corporations throughout the nation.

Femi Otedola Biography

Femi Otedola, born November 4, 1962, is a Nigerian billionaire businessman, philanthropist, Entrepreneur and Govt Chairman of Geregu Power PLC

Otedola is hails from Ibadan, Oyo State the South Western part of Nigeria the place he was born.

He is the founding father of Zenon Petroleum and Gasoline Ltd, with totally different corporations all through transport, precise property and finance.

Femi Otedola
Picture of Femi Otedola

Early Life and Coaching

Otedola was born and raised in Ibadan, the capital metropolis of Oyo State, south west Nigeria.

He was born into the family of the late Sir Michael Otedola, Governor of Lagos State from 1992 to 1993.

He had his secondary coaching at Olivet Baptist Extreme School sooner than he proceeded to Obafemi Awolowo School the place he graduated with a degree.


Femi Otedola has host of corporations and is taken into account one in all many richest males in Nigeria. In 2003, he based mostly Zenon Petroleum and Gasoline.

In 2007, he was appointed chairman and chief govt of Africa Petroleum by way of the acquisition of a controlling stake inside the enterprise.

In December 2010, African Petroleum rebranded, thus altering its determine to Forte Oil PLC.

Otedola is chief govt and president of SeaForce Supply Agency Ltd and was Nigeria’s largest ship proprietor after extending administration over the distribution of diesel merchandise.

Forte Oil rebranded to Adrova PLC in 2020 and nonetheless one in all many fundamental company in oil and gasoline sector.

Otedola has invested in vitality know-how as part of the liberalisation of the sector in Nigeria.

Femi Otedola Web Worth

Femi Otedola is a Nigerian businessman and investor, he has an estimated net worth of $5.9 billion.


As an incredible philanthropist, Otedola has made various donations to the Michael Otedola School Scholarship Scheme, which was based mostly in 1985 with the aim of serving to underprivileged faculty college students in Lagos State entry to better coaching.

He fulfilled his pledge of $25,000 to the Large Eagles inside the match in direction of Algeria all through the 2019 AFCON.

Femi Otedola Partner

Femi Otedola Net Worth
Femi Otedola and Daughter Temi Otedola

Femi Otedola is in the mean time married to Nana Otedola with the marriage blessed with three children two daughters Florence Ifeoluwa popularly typically known as DJ Cuppy and Elizabeth Temi with a son Fewa Otedola.

Nonetheless, Otedola beforehand had a daughter Tolani who’s a singer. Tolani was born to Otedola and his former lover, Olayinka Odukoya.

Femi Otedola House

Otedola has beautiful properties everywhere in the world. He has house in Lagos, Abuja, Dubai, London and New York Metropolis.

Femi Otedola Biography: Age, Partner, Son & Web Worth

Femi Otedola Biography: Age, Partner, Son & Web Worth