Femi Otedola Biography, Children, and Net Worth

Who doesn't know Otedola? When you talk about the most richest men in Africa, he's one of the names that come to mind.

Femi Otedola is a renowned Businessman and oil investor, in this article, we'll go beyond revealing his net worth, children, wife and real age.

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Biography of Femi Otedola

59 year Old Femi Otedola was born on the 4th of November 1962 to the rich family of Mr. Michael Otedola and Lady Doja.

Femi was born in Ibadan, Oyo State. His Father, Michael Otedola was a former Governor of Lagos State, so they were never poor.

Femi has a history with oil companies, he's source of wealth is arguably from the Oil sector.

In 2003, he set up Zenon Petroleum and Gas Ltd, a company that manages, markets and distributes Petroleum products.

By 2005, Zenon controlled the Nigerian Diesel market, the company supplied petroleum products to big companies like MTN and Dangote Group.

Fast-forward to 2007, Femi Otedola was appointed the Chief Executive and Chairman of African Petroleum because he acquired majority of the shares in the company.

2 years later, due to Otedola's huge success in the Oil sector, he became the second Nigerian after Aliko Dangote to be added to Forbes' list of dollar-denominated billionaires.

As of that time, Femi Otedola was worth around $1.2 billion.

As of today, Femi Otedola is currently the 3rd richest man in Nigerian and the 1011th in the world with a massive net worth of $1.8 billion.

Femi Otedola Personal Life

Femi Otedola is currently married to Nana Otedola (A Ghanaian-Nigerian) who is a philanthropist quite like her husband.

Femi has 4 kids, the first issue - Tolani product of his pre-marital escapades with Mrs. Olayinka Odukoya.

Tolani is a singer and songwriter.

However, his other three kids were conceived by Nana Otedola - they are DJ Cuppy (Florence Otedola), Temiloluwa Otedola and Fewa Otedola.

DJ Cuppy is a well-known Nigerian Disc Jokey, she is the first child of Nana Otedola and she was born on the 11th of November, 1992.

Temiloluwa Otedola is an award-winning Actress, Fashion blogger, she currently runs a podcast with her boyfriend Mr. Eazi.

Femi's only son, Fewa Otedola was born on June 2nd, 2000, he is currently 22 years old and suffers from a disease known as Autism.

Femi Otedola's Profile

Name: Femi Otedola
Age: 59 years old (born 1952)
Wife: Nana Otedola
Children: 4 kids (Tolani, DJ Cuppy, Temi and Fewa).
Net Worth: $1.8 billion
Father: Mr. Michael Otedola
Rank in Richest Men: 3rd in Nigeria, 1011th in the world.
Religion: Muslim

Rounding Up

This is where we wrap it up on the Biography, background and Net Worth of Femi Otedola, scroll down to read similar articles.

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