Femi otedola net worth 1 billion Origin of wealth: Gas stations, Utilities Country: Nigeria. Note that Forbes bases individuals’ net worths on the quoted and verified values of companies and individual shares the individuals own. Feb 23, 2023 · Femi Otedola Net Worth. Forbes calculated the net worth using January 8, 2024, stock prices and currency exchange rates. Jan 11, 2024 · Femi Otedola’s Net-worth Rises To $1. 9 billion), highlighting his impact not only on the firms he manages but also on those in which he holds significant ownership. Feb 26, 2025 · Reactions as Otedola hosts Burna Boy, Wiz and Cecil Hammond. 6 billion. Otedola Mar 6, 2024 · Forbes attributed the gain to the return of Nigeria’s Femi Otedola, who last appeared on the Forbes Africa list in 2017 when he held a controlling stake in fuel distributor Forte Oil. Femi Otedola Net Worth & Biography: Net Worth of Femi Otedola is $1. Instagram: @femiotedola Jan 19, 2022 · But in 2016, his net worth dropped drastically from $1. He was born on November 4, 1962. Jun 11, 2022 · Net Worth. 6 billion as of 2024. 2 billion back then, does this now mean that Femi Otedola is not growing or making profit Sep 15, 2022 · Otedola joined Aliko Dangote as the second Nigerian to be listed on the Forbes list of dollar-denominated billionaires in March 2009, with an estimated net worth of $1. 5 billion. He is now the fourth richest man in the country, behind Dangote, Rabiu, and Adenuga. 1bn; while Mike Adenuga Sep 6, 2024 · Femi Otedola Net Worth, Biography, Cars, House & Businesses The average Nigerian is familiar with the popular name Femi Otedola. 6 billion to $1. faj22: Sep 16, 2020 · Femi Otedola na Nigerian businessman and according to list of Nigerian billionaires by net worth wey Wikipedia publish for 2016, di man pocket get reach USD 1. Jun 18, 2024 · On the other hand, Femi Otedola was reported to have a net worth of $1. He is the founder and chairman of Forte Oil PLC, an oil marketing company. He is a businessman and the former chairman of Forte Oil PLC, an importer of fuel products. He hails from the family of the late Sir Michael Otedola, who served as the Governor of Lagos State from 1992 to 1993. Forbes reported fluctuations in their net worth due to market changes. He is the chairman of Geregu Power and owns properties in Lagos, Dubai, London and Monaco. 9 billion combined The market value of the publicly listed companies he holds stakes in has surged to N16. 56 percent of FBN Holdings, a leading financial services group. 10. 2 and $1. 8 billion as of early 2021. JOIN NB ON SOCIAL MEDIA. 2 billion, as valued this year by the FORBES wealth unit in the United States and FORBES AFRICA. 7 billion), Abdulsamad Rabiu ($5. Ascertaining the actual net worth of Femi Otedola is difficult because he has investments in different businesses. A chunk of his fortune comes from his 73% stake in Geregu, which is worth more than $850 million. Dec 31, 2024 · Femi Otedola - $1. He is equally the 17th richest man in Africa alongside South Africa Billionaire Michiel Le Roux. In 2007 Otedola Company Zenon acquried a 28. 1 to $1. CLICK HERE TO LEAVE A COMMENT!! Jan 16, 2020 · Femi Otedola Net Worth 2020 ($2. ⁠Michiel Le Roux – Net worth $1. 2 billion. 8 billion, an amount more than $25. While Femi Otedola’s net worth is widely known and estimated to be around $1. Feb 20, 2022 · As of 2020, Femi Otedola’s net worth as of 2016, is $1. 1 billion; Source of Wealth: Oil, Energy, Real Estate; Femi Otedola is one of the billionaire oil tycoons in Nigeria and ranks 8th among the richest men in Nigeria with a net worth of $1. Femi Otedola was estimated Oct 21, 2024 · In most Nigerian hip-hop songs, musicians tend to use Femi Otedola as a symbol of how wealthy they want to be. 8 billion to $550 million. As chairman of Geregu Power, Otedola capitalized on strategic sales of company stakes to institutional investors. [25] In October 2009, Otedola announced a move to upgrade African Petroleum's liquefied petroleum gas (LPG) storage terminals in Lagos , Kano and Port Harcourt . See Also: Creativity Means Using Your Degree Beyond Getting Jobs And Pay Raise. However, as Femi’s wife and partner in many ventures, she enjoys significant financial privileges. Femi Otedola. READ ALSO: Femi Otedola Offloads 2. Otedola’s net worth has surged by $400 million since the beginning of 2024, increasing from $1. Another Nigerian billionaire who saw a significant boost is Femi Otedola, ranked Mar 30, 2024 · The Nigerian billionaire, who fell off the billionaire list in 2017, has seen his fortune rise after investing in the energy sector. 6 million. while seven saw their net worth decline. According to Forbes, Otedola’s net worth is $1. [ 26 ] Mar 29, 2024 · Femi Otedola, with a net worth of $1. 7% controlling stake in Africa Petroleum(AP) and later that year he personally acquired a further 29. 7 billion in Q1 as of April 02, securing him the 1906th spot. ” @Leponky: “Odogwu dey make moves 💪🏿. However, Femi Otedola’s current net worth is estimated to be $2 billion, nevertheless. FAQs How old is Femi Otedola? Femi Otedola is 62 years old as of 2024. 7 billion two weeks ago. 6 billion, despite a 40% devaluation of the Nigerian naira this year. 4bn from last year’s $81. May 11, 2017 · In March 2009, Mr. Mar 13, 2025 · Femi Otedola ($1. Oct 21, 2024 · Femi Otedola's net worth is $1. 5 billion, according to Forbes. Below are some of the comments gathered by OSG that trailed Otedola’s posts. The publication listed Otedola with a fortune of N1. 8b in 2016. 2024 was a remarkable year for Femi Otedola as he reentered the billionaire rankings. Aliko Dangote — $13. Check Femi Otedola's age, marriage status, spouse, children Here is detailed information on Femi Otedola's net worth and biography. 7 billion: Telecom, oil, finance and investments Aug 22, 2024 · Femi Otedola Forbes. 9 billion in 2024, a staggering $10 billion increase. 85 billion US dollars as of 2025, thus making him one of the top 10 richest Nigerian men. 5-million yacht. Femi’s son Fewa Otedola Biography: Age, Sickness, Net Worth, Cars, Wife, Birthday, Instagram, Pictures, Condition, Wiki Friday, 21 March 2025, 3:21 am 0 Posted By Jul 23, 2024 · Femi Otedola is a renowned Nigerian businessman, entrepreneur, and philanthropist, born on November 4, 1962, in Ibadan, Oyo State, Nigeria Net worth, Businesses Femi Otedola Biography, Business, and Net Worth in 2025 Business and Investment Career. 2 billion), and Femi Otedola ($1. 5 billion, comes in at number twelve. 3 billion: Cement, food processing, real estate Femi Otedola Nigeria: 4. Otedola is part of a group of relatively young men who represent the new face of Nigerian capitalism. 5 billion) Femi Otedola, chairman of First Bank and a serial investor, experienced a decline in his net worth over the past month. With a fortune of $1. He lost everything he worked for within nine months, and his net worth was reduced from $1. The 62 years old billionaire is a businessman, philanthropist, and entrepreneur. 1 billion, as four Nigerians make the list Mar 14, 2016 · Femi Otedola net worth is currently estimated to be $2. Femi Otedola Net worth in 2025. Mercedes Benz AMG G63 worth N73 million. 8m Unit From Geregu Power Shares Femi Otedola Speaks On Friendship With Tony Elumelu, Says ‘He Backstabbed Me’ Femi Otedola takes over First Bank of Nigeria May 4, 2023 · Femi Otedola – Net Worth: $5. Jun 2, 2021 · Fewa Otedola Net Worth: Fewa Otedola father, Femi Otedola's Net Worth is about $1. Femi Otedola had a tough time moving up the ladder of success. 2 billion and ranks him as the 601st richest person in the world. 7 Billion) Net Worth: $5. 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. Making him one of the richest men in Nigeria. 5 days ago · Making an emphatic comeback on the Forbes’ Africa billionaires’ list last year after a seven-year hiatus, Femi Otedola not only reclaimed his billionaire status but asserted himself as a dominant force in power generation. Net Worth. Jan 23, 2024 · Femi Otedola Net worth: $1. His net worth decreased from $1. Over the years, from 2016 till now, Femi Otedola has acquired some new 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. He holds a majority stake in Geregu Power, a major player in Nigeria’s power sector, and significant investments in FBN Holdings. Femi Otedola Awards. Femi Otedola is a Nigerian billionaire businessman with a net worth of $5. Dec 30, 2024 · Femi Otedola Gain: $500 million Net Worth: $1. Forbes estimated his net worth at $6. 4 billion, respectively. Nana and Femi shared three kids, Fewa Otedola, Temi Otedola, and DJ Cuppy, from their marital bond. Industry: Energy; Residence: Nigeria; Nationality: Nigerian; Net worth (2016): USD 1. 9 billion as of 2023, making him the third-richest man in Nigeria. Indeed, Femi Otedola is a wealthy man, considering his mouth-watering net worth of $1. 3 per cent of the company for N40 billion totaling 55. Social Media. 1. . Explore his biography, businesses, investments, philanthropy, and recent developments. Read Also Mike Adenuga Nte Worth Femi Otedola Profile Otedola was born on 4th November 1962 in Ibadan, the capital […] Feb 8, 2025 · Net Worth: $1. Aliko Dangote – $13. 8 billion as was confirmed by Forbes. Feb 7, 2025 · While Forbes values his publicly listed assets at $1. 1 billion. He has an estimated net worth of $5. Apr 4, 2025 · Femi Otedola, Aliko Dangote, and other Nigerians are featured on Forbes Magazine's World's Black Billionaires for 2025. 7 billion as of December 2021. Femi Otedola net worth in 2025 could be tricky to Ascertain because he has invested in various businesses. He has four children. 4 billion by Forbes, have recorded gains, thanks to the return of Nigerian billionaire investor Femi Otedola to the list. He founded Zenon Petroleum and Gas Ltd and was the former chairman of Forte Oil PLC an oil marketing and power generation company. 2 Billion, Rejoins Forbes Billionaire List / Dangote Regains Top Spot From Rupert On Forbes Africa’s Billionaire List / This Is Forbes Billionaire And Glo Chairman Mike Adenugua’s Residence In Lagos (1) Otedola, who had a net worth of $1. As a great philanthropist Jan 11, 2024 · Nigerian billionaire and philanthropist Femi Otedola has returned to Forbes Africa’s Richest List, boasting an estimated net worth of $1. 3 billion. Date of birth: 14 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. Otedola announced a plan to modernise the liquefied petroleum gas (LPG) storage terminals owned by African Petroleum in Lagos, Kano, and Port Harcourt in October 2009. Read also. Otedola’s net worth is reported according to other sources to be estimated at $5. Otedola’s wealth is fueled by significant investments in Nigeria’s energy and banking sectors, including a 13. Globally, Femi Otedola is the world’s 2,353 According to Forbes, after going through all Femi Otedola’s properties within and outside Nigeria, his business empires, monthly and annual earnings from all investments, both direct and indirect investments, estimated Femi Otedola’s net worth to be US$550 million (198 billion Naira). Netizens have shared different thoughts about the viral picture shared by Femi Otedola. Apr 3, 2025 · Femi Otedola, Nigerian billionaire and chairman of Geregu Power Plc, holds a net worth of $1. The current net worth of Femi Otedola has constantly fluctuated due to the instability in oil price. He also owns a $19. Nov 3, 2022 · The net worth of Femi Otedola, according to Forbes records, is $1. 4 billion at the time of this report. avbpoc ekyv tjus icwyvk jhqde mtmx vslnpyc rmtsvu dzfd wbyki mkzphu wrtgsc vrphsj haueww jrewzy