Femi otedola net worth 16% stake in FBN Holdings. 1 to $1. 8 Billion, according to the same Forbes’ Billionaires List. 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. With a $7. His stake in Geregu Power has paid off Forbes magazine estimates Femi Otedola’s net worth at $1. S. The enthusiastic business mogul never gave up and continued to invest in new businesses which have in a long run boost his net worth. Apr 8, 2024 · Publicly listed companies linked to Nigerian billionaire Femi Otedola are worth $12. 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. 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. 6 billion to $550 million. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your Apr 3, 2024 · Nigerian business mogul Femi Otedola, aged 61, has made a notable comeback to the Forbes Billionaires list after six years, with a net worth of $1. 7% controlling stake in Africa Petroleum(AP) and later that year he personally acquired a further 29. 4 billion net worth, Adenuga is the second Apr 22, 2024 · Femi Otedola - Estimated net worth: $1. With a fortune of $1. G–wagon costing N53 million. He is now the fourth richest man in the country, behind Dangote, Rabiu, and Adenuga. Michiel Le Roux – Net worth $1. 9 billion Rank in 2023: 1 Net worth in 2023: May 18, 2020 · Net Worth. Femi Otedola Awards. Forbes data shows that Otedola ended the year with a net worth of $1. Below is the list of the top 20 richest billionaires in Africa. Dec 30, 2024 · Femi Otedola Gain: $500 million Net Worth: $1. SIGN UP FOR OUR NEWSLETTER DAILY UPDATE. Femi Otedola Early Career Mar 25, 2025 · Femi Otedola Net Worth and Properties. Femi Otedola – Net worth $1. With such a tremendous amount of wealth, Oteloda became the second to appear on the Forbes list of dollar-denominated billionaires. 8b in 2016. But due to the recession in Nigeria and fall in the value of the Naira, his net worth has reduced. His net worth decreased from $1. Sep 29, 2024 · What is Femi Otedola Net Worth? Femi Otedola is a Nigerian Billionaire and philanthropist who has a net worth of $1. Check Femi Otedola's age, marriage status, spouse, children Here is detailed information on Femi Otedola's net worth and biography. Philanthropy. 1 billion net worth, taking over the fourth spot previously occupied by Folorunsho Alakija, Nigeria’s richest businesswoman. 9 billion combined The market value of the publicly listed companies he holds stakes in has surged to N16. Ascertaining the actual net-worth of Femi Otedola is difficult as he has investments in different businesses. 7 Billion; Skip to main content Mr. Below are some of the comments gathered by OSG that trailed Otedola’s posts. Femi Otedola was born on November 4, 1962. 8 billion to $550 million. 5 billion, comes in at number twelve. Mar 13, 2025 · Femi Otedola ($1. Jun 11, 2022 · Net Worth. 7 billion in February, has lost $300 million in the last 30 days, bringing his net worth down to $1. She was born to Otedola and his former lover, Olayinka Odukoya. Femi also has a daughter named Olawunmi Christy Otedola, aka Tolani from his former relationship with Olayinka Odukoya. 2 billion, as valued this year by the FORBES wealth unit in the United States and FORBES AFRICA. Indeed, Femi Otedola is a wealthy man, considering his mouth-watering net worth of $1. Femi Otedola is a Nigerian billionaire businessman with a net worth of $5. Feb 20, 2022 · As of 2020, Femi Otedola’s net worth as of 2016, is $1. 7 billion two weeks ago. 3 billion: Diversified, cement Abdul Samad Rabiu Nigeria: 7. 6 billion: Diversified, cement Mike Adenuga Nigeria: 7. @Chiamakamaureen4: “Business moves. 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. 5bn, partly as a result of Otedola’s return. 20. 8 billion Femi Otedola is a prominent businessman known for his investments in energy, real estate, and the financial sector. 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. Jan 12, 2024 · 8. Mar 31, 2025 · His net worth skyrocketed to $23. 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. Femi Otedola made Forbes billionaire list with a $1. 2 and $1. As of 2021, businessman Femi Otedola has an estimated net worth of $300 million. Feb 9, 2025 · 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. Jul 13, 2021 · How much is Femi Otedola net worth in 2021? According to Forbes Figures, the business tycoon is worth an estimated $1. 8 Billion US Dollars. He later married Nana Otedola, a Ghanaian and have 3 children with her – 2 daughters. Feb 23, 2023 · Femi Otedola Net Worth. When this list was published by Forbes in 2009, Femi Otedola was worth $1. He hails from the family of the late Sir Michael Otedola, who served as the Governor of Lagos State from 1992 to 1993. 7 Billion) Net Worth: $5. Net worth on the NGX: $851 million. 2 billion on Forbes as Nigeria’s fourth richest, the aggregate wealth of Africa’s billionaires was pegged at Nov 1, 2014 · He is worth at least $1. We’ve got the edge. 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. Feb 7, 2025 · While Forbes values his publicly listed assets at $1. Otedola, the chairman of Geregu, who has a net worth of $1. 7 billion), Abdulsamad Rabiu ($5. 1 Billion, which was reported by Forbes in 2016. 6 billion in 2025 as the Nigerian currency recovers. ” @Leponky: “Odogwu dey make moves 💪🏿. 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. He is the founder and chairman of Forte Oil PLC, an oil marketing company. Also Read About: Jan 28, 2024 · According to Forbes, the wealth of the 2024 list of 20 billionaires rose to $82. 8 billion dollars. Andy Uba- $2. Femi Otedola. 7 billion in Q1 as of April 02, securing him the 1906th spot. While this figure positions him as Nigeria’s fourth-richest individual, it only partially reflects the extent of his considerable wealth. Feb 16, 2024 · According to data retrieved from Forbes, a leading U. 99 billion the GDPs of Niger and Rwanda combined. Instagram: @femiotedola Jan 19, 2022 · But in 2016, his net worth dropped drastically from $1. As of 2024, his net worth is estimated to be around $1. 1 billion. However, as Femi’s wife and partner in many ventures, she enjoys significant financial privileges. He lost everything he worked for within nine months, and his net worth was reduced from $1. 7 billion according to Forbes, is among Africa’s wealthiest and ranks within the top 2,000 richest people globally. Feb 16, 2024 · All of that gain can be attributed to the return of Nigeria’s Femi Otedola, Net worth: $13. Oct 21, 2024 · Femi Otedola's net worth is $1. 5 billion) Femi Otedola, chairman of First Bank and a serial investor, experienced a decline in his net worth over the past month. In 2008, a shipment containing one million tons of diesel set sail, heading for the shores of Nigeria. However, Forbes estimated Femi’s net-worth at $1. May 9, 2024 · Femi Otedola net worth 2024 is $2 billion. Femi Otedola of Nigeria is the controlling shareholder of publicly traded Forte Net Worth 2019 is Jan 23, 2024 · American business magazine, Forbes, has ranked the Chairman of Geregu Power, Femi Otedola, as the 20th richest in Africa with a fortune of $1. In March 2009, 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. 4 billion as of April 2, 2024, while Adenuga followed with a net worth of $6. Jan 11, 2024 · Billionaire investor Femi Otedola has surged to the fourth position on Nigeria's list of top billionaires, with a current valuation Femi Otedola's net-worth rises to $1. 7 billion: Telecom, oil, finance and investments Aug 22, 2024 · Femi Otedola Forbes. 3 Billion) Femi Otedola has been estimated to be worth $1. 4 billion at the time of this report. Femi Otedola is estimated to have a net worth of about $550 million . 4 billion, respectively. 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. Femi Otedola had a tough time moving up the ladder of success. Femi Otedola Net Worth & Biography: Net Worth of Femi Otedola is $1. 1 billion) Nigerian billionaire Femi Otedola expanded his fortune by $500million in 2024, reaching $1. 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. After putting in a lot of effort to get known and raise some money, Otedola finally made his first significant breakthrough in the year 2003, when he obtained sufficient funds to finally launch and start up his own company, Zenon Petroleum, and Gas Ltd. Otedola, who had a net worth of $1. Jan 23, 2024 · Femi Otedola Net worth: $1. 6 billion, despite a 40% devaluation of the Nigerian naira this year. Apr 5, 2025 · Femi Otedola is a Nigerian billionaire who made his fortune in commodities and energy. Jan 11, 2024 · Femi Otedola’s Net-worth Rises To $1. Apr 3, 2025 · Femi Otedola, Nigerian billionaire and chairman of Geregu Power Plc, holds a net worth of $1. This makes him one of the richest people in Nigeria and Africa. See Also: Creativity Means Using Your Degree Beyond Getting Jobs And Pay Raise. Otedola is part of a group of relatively young men who represent the new face of Nigerian capitalism. 1 billion on Jan. 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). Read also. 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. Jan 23, 2024 · Africa’s wealthiest individuals gauged at a combined net worth of $82. Beyond business, Otedola has also made a mark in philanthropy Sep 26, 2024 · Despite the devaluation of the Nigerian naira, Nigerian billionaire Femi Otedola has seen a remarkable increase in his fortune, defying the economic challenges that have weighed on many of his peers. ewcvdv ftzc uiip hvn elepism btglyd cltd imcus yjqtscpg xvfgy qrcs yjfufxg wzhk ojtb bod