Femi Otedola Net Worth

As of 2021 Femi Otedola net worth is 2 billion. As of 2021 businessman Femi Otedola has an estimated net worth of 300 million.


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During the 1992-1993 period Femis father Sir Michael Otedola was Lagos State Governor.

Femi otedola net worth. After the fall in oil price in 2010 Femi Otedola companies took a big hit and lost a lot of money. Otedola remains one of Nigerias wealthiest businessmen with a net worth estimated at 18 billion. After this success Femi Otedola became the second Nigerian after Aliko Dangote to be shortlisted by Forbes with their net worth denominated in USD.

Femis father Sir Michael Otedola was a one-time Lagos State Governor who served from 1992 to 1993. Femi Otedola is said to have an estimated net worth of 2 Billion dollars. Femi Otedola has an estimated net worth of 18 Billion which was reported by Forbes in 2016.

It dropped to 550million in 2018. When this list was published by Forbes in 2009 Femi Otedola was worth 12 billion. On the 4th of November 1962 Femi Otedola was born in Ibadan to Michael Otedola and lady Doja.

According to the report Otedola being the largest shareholder means he holds the highest voting shares and. Newsonline reports that Nigerian billionaire businessman Femi Otedola has acquired First Bank of Nigeria Limited Nigerias premier and leading financial services provider largest share after he bought about N30 billion worth of shares from the financial institution. Otedola is the founder of Zenon Petroleum and Gas Ltd and.

Over the years from 2016 till now Femi Otedola has acquired some new businesses and has shifted his focus he is still growing in riches but no specific figure has been reported yet. With several investments and businesses spread across different parts of the world it is not a surprise that Femi Otedola is a billionaire. This makes him the third richest entrepreneur in Nigeria and also one of the richest men in Africa.

Nana and Femi shared three kids Fewa Otedola Temi Otedola and DJ Cuppy from their marital bond. However Forbes estimated Femis net-worth at 18b in 2016. The 55 aged Nana Otedola is the wife of a Nigerian business philanthropist Femi Otedola.

The net worth of Femi Otedola according to Forbes records is 18 billion. Says Femi Otedola took over First Bank with his recent acquisition of about N30 billion worth of shares making him the single largest shareholder of the bank. 1 day agoAn exclusive report monitored on The Street Journ al by Newsone Nigeria.

Femi Otedola is a Nigerian businessman philanthropist and former chairman of Forte Oil PLC an importer of fuel products. Otedola is one of the richest persons in Africa and Nigeria. What is Femi Otedola Net Worth.

Amadi Harrison Saturday 23 October 2021 1210 am. Femi Otedola net worth 2021 is 2 billion. Billionaire Femi Otedola has become First Bank Nigeria Largest Shareholder.

1 day agoFemi Otedola has an estimated net worth of 18b billion in 2021. Femi Otedolas net worth. Femi Otedola is the second African man to wade into the Forbes list just after his friend Aliko Dangote.

Nigerian businessman Femi Otedolas net worth has plunged from 18 Billion to 550 Million following a massive drop in the stock price of Forte Oil. He is the founder of Zenon Petroleum and Gas Ltd and the owner of several other businesses across shipping real estate and finance. Femi Otedola was born on the 4th of November 1962 to Michael Otedola and lady Doja in Ibadan.

In June 2019 Femi Otedola announced on his verified Instagram page that he is signing off from the Petroleum business and. First Bank GMD UK Eke makes a whopping N1535 million after Femi Otedola reportedly takes over First Bank. Multiple sources have also announced that the majority of the bank owners has.

Femi Otedola Net Worth. Femi also has a daughter named Olawunmi Christy Otedola aka Tolani from his former relationship with Olayinka Odukoya. Ascertaining the actual net-worth of Femi Otedola is difficult as he has investments in different businesses.

Femi Otedola takes over First Bank as largest shareholder with N30bn From having a humongous loan portfolio of N192 billion in 2012 via his then Zenon Petroleum and Gas Ltd. Femi Otedola Net Worth 2021 Femi Otedola is a business magnate philanthropist founder of Zenon Petroleum and Gas Ltd and the former chairman of Forte Oil PLC now Adrova PLC with an estimated net worth of 18 billion according to Forbes. Read Also Mike Adenuga Nte Worth.

Nigerian billionaire Femi Otedola becomes largest shareholder in First Bank investors speculate next chairman. Creativity Means Using Your Degree Beyond Getting Jobs And Pay Raise. Femi Otedolas net worth is currently valued at 18 billion according to Forbes records.

Several resources has confirmed that the Nigerian business mogul and Multi Billionaire Femi Otedola has taken over the oldest bank in Nigeria First Bank with his acquisition of about N30 billion worth of shares.


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