Otedola net worth See Also: Creativity Means Using Your Degree Beyond Getting Jobs And Pay Raise. Holdings: Seplat. Otedola, the chairman of Geregu, who has a net worth of $1. While this figure positions him as Nigeria’s fourth-richest individual, it only partially reflects the extent of his considerable wealth. A serial investor and Nigeria's fourth-richest man, his investments span energy, power, banking, and more. Jul 13, 2021 · How much is Femi Otedola net worth in 2021? According to Forbes Figures, the business tycoon is worth an estimated $1. 7 billion, his cash holdings as well as private assets—including luxury properties in Lagos, Dubai, London, Monaco, and a sprawling mansion near the Nigerian President’s official residence in Abuja—suggest a higher net worth. Dec 30, 2024 · Femi Otedola Gain: $500 million Net Worth: $1. Here’s a breakdown of how he made his wealth and the companies and investments he earns from. Femi Otedola – Net worth $1. Temi Otedola Net Worth Although born into one of Nigeria’s and Africa’s richest family, Temi Otedola still strives to make a name for herself in the entertainment industry like her siblings. Forbes’ World’s Billionaires list is a ranking of every person on the planet with a net worth of $1 billion US dollars or more as of March 8, 2024. He was born on November 4 Sep 26, 2024 · Femi Otedola's net worth has surged by $400 million in 2024, rising to $1. Aug 12, 2019 · Femi Otedola: Net Worth August 13, 2019 August 12, 2019 by NF In March 2009, Femi Otedola became the second Nigerian after Aliko Dangote to appear on the Forbes list of dollar denomination billionaires and one of the richest personalities to emerge from the African continent. Joining this group at the 11th position is Patrice Motsepe, with a net worth of $2. Femi Otedola Children. We track celebrity net worth so you don't have to. He has a net worth of $1. Holdings: BUA Foods. Jan 28, 2024 · Other Nigerian billionaires on the list are Aliko Dangote, who occupies the number one spot and retains his title as Africa’s richest billionaire with a net worth of $13. Apr 4, 2025 · Femi Otedola, Aliko Dangote, and other Nigerians are featured on Forbes Magazine's World's Black Billionaires for 2025. Femi Otedola net worth is currently estimated to be $2. 4 billion, along with Mike Adenuga ($6. 5 billion as of 2024, according to Forbes, and is one of Africa's richest men. Aliko Dangote — $13. This has made Femi Otedola one of the richest men in Nigeria since 2006. Otedola Feb 16, 2024 · Net worth: $13. 1 billion; Source of Wealth: Military, Shipping, Petroleum Jan 23, 2024 · South African magnate Johann Rupert and Nicky Oppenheimer secured the second and third positions, with $10. 5-million yacht. 1 billion on Jan. Feb 20, 2024 · Femi Otedola Net Worth. Jan 11, 2024 · Nigerian billionaire and philanthropist Femi Otedola has returned to Forbes Africa’s Richest List, boasting an estimated net worth of $1. Femi Otedola Net Worth in Dollars in 2025. His stake in Geregu Power has paid off Jul 2, 2023 · Otedola net worth is estimated to be around $2 billion. 8 billion dollars. Jan 11, 2024 · Femi Otedola’s Net-worth Rises To $1. Feb 3, 2025 · Femi Otedola's net worth increased by $100 million to $1. 2024 was a remarkable year for Femi Otedola as he reentered the billionaire rankings. Apr 3, 2024 · Rabiu and Otedola, according to the new report, were worth $5. 9 billion 2. 63 percent of BUA Foods. He presently owns properties in Lagos, Dubai, London and Monaco, and holds shares in Zenith Bank and FBN Holdings, according to Forbes. This surpasses his previous peak of $1. Temi Otedola’s Net Worth (2025) – $ 1m (USD) The Fashion Blogger and actress is very influential in the blogosphere. [10] Apr 3, 2025 · Femi Otedola, one of Nigeria’s most prominent businessmen and philanthropists, has continued to shape Nigeria’s corporate and energy landscape. We’ve got the edge. His net worth decreased from $1. 6 billion to $550 million. 8 billion as of early 2021. business magazine tracking ultra-high-net-worth individuals, pegs Otedola’s net worth at $1. Forbes estimated his wealth at $1. Nana Otedola is a renown Nigerian businesswoman, DJ Cuppy’s mother and wife of a billionaire business mogul who has an estimated net worth of over $1 billion dollars, Nana Otedola net worth should be stake at $13 million dollars. 8 Billion according to Forbes, w hich equals around 747,468,000,000 Nigerian Naira. Jan 24, 2024 · This year, thirteen billionaires witnessed an increase in their wealth, while seven saw a decrease in their net worth. Dec 29, 2024 · Tolani Otedola is a Nigerian Afro beats singer, Songwriter, R&B singer, and entertainer who has a net worth of $5 million dollars. Apr 12, 2022 · Temi Otedola’s net worth. Joshpedia (2022) DJ Cuppy Net worth and Biography. List of Femi Otedola’s Companies. 99 billion the GDPs of Niger and Rwanda combined. Forbes data shows that Otedola ended the year with a net worth of $1. 8 Billion US Dollars. 8 billion. He is successfully running and oil and gas exploration and marketing company, Forte oil. 8b in 2016. Otedola has an estimated net worth of $1. 7 billion in Q1 as of April 02, securing him the 1906th spot. He is a businessman and the former chairman of Forte Oil PLC, an importer of fuel products. How much is Femi Otedola's Net Worth & Salary? Femi Otedola had an estimated net worth of over $1. 1 Billion, which was reported by Forbes in 2016. Net worth Sources of wealth Aliko Dangote Nigeria: 15. His father, Sir Michael Otedola, was a former Lagos State, Nigeria governor. Jun 29, 2023 · Net worth on the NGX: $87. 8 billion, primarily earned through his ventures in the energy sector. Notably, among these individuals, Femi Otedola stands out as the sole Nigerian in the top 15 list beyond the top 10 billionaires. 5 billion Self-made Origin of wealth: Cement and Sugar Industry: Manufacturing Age: 66 Country: Nigeria Residence: Lagos Aliko Dangote, Africa’s richest person, founded and chairs Dangote Cement, the continent’s largest cement producer. 7 billion as of December 2021. As of April 2025, Otedola’s net worth is estimated at $1. 7 billion amid a robust May 5, 2023 · Tolani Otedola Biography: Age, Net Worth, Mother, Wiki, Pictures, Boyfriend, Date Of Birth, Songs, Instagram May 5, 2023 0 Posted By Kaptain Kush Mar 2, 2025 · 500 Business Champions: In energy, telecoms, agribusiness, African companies grapple with sinking profits The average net margin of the largest African companies has nearly halved due to monetary instability and a drop in commodity prices. Instagram: cuppymusic; Twitter: @cuppymusic Temi Otedola is a Family Member with an estimated net worth of $9 billion. Femi Otedola first rose to prominence through his leadership at Forte Oil, specializing in fuel distribution. Photo Credit: Adebayo Ogunlesi, Femi Otedola, Tope Awobona Source: UGC Otedola. 5 billion) Femi Otedola, chairman of First Bank and a serial investor, experienced a decline in his net worth over the past month. 9 billion. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your Aug 22, 2024 · Femi Otedola Net Worth. This comes as the combined wealth of Nigeria’s top Sep 2, 2024 · Femi Otedola is among the top 10 richest men in Nigeria in 2021, with a net worth of around $1. 1bn. Femi Otedola cars reportedly include a fleet of custom Rolls Royce cars in London and a Mercedes fleet in Nigeria worth close to $8 million. The chairman of Geregu Power and First Bank of Nigeria Holdings Plc (FBN Holdings) has seen his Jan 4, 2025 · Dangote, Adenuga, Rabiu, Otedola Net Worth in 2024. Otedola made his fortune in the energy sector, primarily through his company Forte Oil, which is one of Nigeria’s largest petroleum marketing companies. FAQs How old is Femi Otedola? Femi Otedola is 62 years old as of 2024. He was born on 4th November 1962. Otedola became the second Nigerian after Aliko Dangote to appear on the Forbes list of dollar-denominated billionaires, with an estimated net worth of $1. His wealth also includes real estate in Lagos, Dubai, London, and Monaco. As of 2021, businessman Femi Otedola has an estimated net worth of $300 million. He has also invested in power generation and other sectors, contributing to Nigeria’s energy infrastructure development. Femi Otedola. He is the founder and chairman of Forte Oil PLC, an oil marketing company. 631-percent stake in BUA Foods worth. The owner of the vessel, Femi Otedola, Chairman of Forte Oil, a petroleum and power generation company, had grown the company to one of the largest in Nigeria. Otedola holds the Nigerian Merit Award for the Commander of Order of the Nigeria (CON) Femi Otedola Net Worth. Despite fluctuations, Otedola consistently ranks among Nigeria’s wealthiest individuals, reflecting his business acumen. Femi Otedola is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products. Beyond business, Otedola has also made a mark in philanthropy Jul 24, 2023 · After this success, Femi Otedola became the second Nigerian after Aliko Dangote to be shortlisted by Forbes with their net worth denominated in USD. 14. Jan 19, 2022 · But in 2016, his net worth dropped drastically from $1. Femi Otedola Cars: His expensive car list includes. Otedola also had shares in Mobil Oil Nigeria Limited. Otedola initially amassed his wealth in commodities but later shifted focus to energy, selling his Forte Oil shares. Jan 22, 2024 · Femi Otedola, chairman of Geregu Power, has been ranked the 20th richest person in Africa by Forbes. Fewa Otedola Instagram, Twitter, Facebook : Fewa Otedola is not on social media - has no Instagram page Account, no Facebook or Twitter. Mar 14, 2016 · Femi Otedola Net Worth. Femi Otedola is estimated to have a net worth of about $550 million . 6 billion (Jan 2024: $1. business magazine tracking the fortunes of the world’s ultra-high-net-worth individuals, Otedola, presently ranked as Nigeria’s fourth-richest individual, has witnessed a notable increase in his net worth from $1. As the former chairman of Forte Oil, Otedola grew the Michiel Le Roux – Net worth $1. Temi Otedola Biography: Age, Boyfriend, Husband, Father, Sisters, Siblings, Net Worth, Clothing Line, Wikipedia, Mother Sunday, 9 February 2025, 11:40 am 0 Posted By DJ Cuppy has three siblings, namely Temi Otedola, Fewa Otedola, and Tolani Otedola. 20. 4 billion on September 26 to $1. According to Forbes, Otedola’s net worth is $1. He is among the richest men in Africa. Oct 8, 2024 · Femi Otedola's net worth rose by $200 million in 12 days, reaching $1. 5 billion, according to Forbes records. 6 billion to $1. 4 billion), represent the sole Nigerians listed in May 8, 2024 · Temi Otedola has a personal net worth of $2 million as of 2024. Femi Otedola on Social Media Mar 13, 2025 · Femi Otedola ($1. 7 billion according to Forbes, is among Africa’s wealthiest and ranks within the top 2,000 richest people globally. 1 billion Origin of wealth: Gas stations, Utilities Mar 31, 2018 · How much is he worth? Find out the details of Femi Otedola net worth in this analysis of his biography and net worth. At Otedola’s net worth rose by $100 million following the strong performance of the Nigerian currency in January 2024; Otedola’s net worth surged from $1. Before Otedola’s rejoining with $1. 5 billion, despite Nigeria’s economic challenges. Feb 14, 2024 · At the forefront of Nigeria’s economic transformation are four prominent billionaires, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola, whose net worth is at a staggering $27. 4. Discover how much the famous Family Member is worth in 2025. Otedola’s wealth surge follows a strong 2024, driven by his stake in Geregu Power and FBN Holdings' impressive financial performance. 9 billion Net worth in 2023: $13. He later married Nana Otedola, a Ghanaian and have 3 children with her – 2 daughters. hxxa ajvz jssm vav mkgxpj yeinl tqdf fmws dtjgt nwof usork nhp jpdw grvzjo vjcz