Femi Otedola Net Worth in 2023 How Rich is He Now?

Femi Otedola Net Worth 2023 – Famous Nigerian businessman “Femi Otedola” has a net worth of $1.2 billion and was born on November 4, 1962.

How much is Femi Otedola’s net worth?

So how much is Femi Otedola really worth? According to our research, Femi Otedola’s net worth is estimated at $1.2 billion. Femi Otedola’s net worth is largely a result of his success as a Nigerian businessman.

Who is Femi Otedola?

Femi Otedola is a Nigerian business magnate, entrepreneur, philanthropist and former chairman of Forte Oil PLC, one of Nigeria’s leading oil marketing companies. He was born on November 4, 1962 in Ibadan, Oyo State, Nigeria to a wealthy family with his father, Michael Otedola, who was the governor of Lagos State from 1992 to 1993.

Femi Otedola is known for his enormous wealth and numerous business ventures. He started his career as a businessman in 1994, when he founded Zenon Petroleum and Gas Ltd, which became one of the largest and most successful oil and gas marketing companies in Nigeria. In 2010, he founded the company Forte Oil PLC, which later became a joint-stock company.

Apart from his business ventures, Femi Otedola is also a notable philanthropist. He has donated millions of dollars to various causes, including education and health. In 2005, he founded the Femi Otedola Foundation, which provides scholarships to underprivileged students in Nigeria. He also donated funds to the Michael Otedola University Scholarship Scheme, which was named in honor of his father.

Apart from his business and philanthropic endeavours, Femi Otedola has also received numerous accolades and accolades for his contributions to the Nigerian economy. In 2011, he was awarded the Officer of the Order of the Niger (OON) by the Nigerian government for his contribution to the oil and gas industry. He was also named one of the 50 richest people in Africa by Forbes magazine in 2019.

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How old is Femi Otedola?

Femi Otedola, a Nigerian businessman, was born on November 4, 1962 in Ibadan, Nigeria. As of 2023, he will be 61 years old. Despite facing numerous challenges throughout his career, Otedola has managed to establish himself as one of the most successful entrepreneurs in Nigeria. He started his journey by starting a small business with just $1,000 and has since become the founder and CEO of numerous successful companies in various industries.

Otedola’s hard work and dedication won him not only financial success, but also universal recognition and respect. He is known for his philanthropic efforts, donating millions of dollars to various charities. In addition, he has been actively involved in the promotion of education, health and other social causes in Nigeria.

How tall is Femi Otedola?

Femi Otedola is a Nigerian businessman, entrepreneur, philanthropist and former chairman of Forte Oil PLC, an oil marketing and distribution company. He is known for his successes in the business world and his contributions to society through various charitable endeavors.

In terms of his physical features, Femi Otedola is said to be 167 cm (5’5″) tall and weigh 65 kg (143 lbs). Although his height is relatively average, he maintains a healthy weight, which is important for overall well-being.

Femi Otedola Biography

Femi Otedola is a Nigerian businessman, philanthropist and former chairman of Forte Oil PLC, an oil marketing company. He was born on November 4, 1962 in Ibadan, Nigeria. Otedola comes from a rich family; his father, Sir Michael Otedola, was the governor of Lagos State from 1992 to 1993.

After earning a degree in Marketing and Business Studies from Regent’s University in London, Otedola began his career in the family printing house. He later moved into the oil and gas sector, where he founded Zenon Petroleum and Gas Ltd in 2003, which became one of Nigeria’s largest fuel traders.

Otedola has also contributed significantly to the Nigerian philanthropic landscape, with donations to various causes including the Michael Otedola University Scholarship Scheme and the National Ecumenical Centre. He is also the founder of the Femi Otedola Foundation, which supports various charitable initiatives in Nigeria.

In 2019, Otedola made headlines when he donated $50,000 towards the medical bills of former Nigerian footballer, Christian Chukwu, who was suffering from an unknown illness. His philanthropic activities have earned him numerous accolades, including the prestigious Philanthropist of the Decade Award at the 2020 Thisday Awards.

Otedola is also a music enthusiast and is known to have a close relationship with many Nigerian artistes. In 2019, he was a guest in the music video for “Gelato” by DJ Cuppy, his daughter, which went viral.

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Femi Otedola social media accounts

What is Femi Otedola’s nationality?

Femi Otedola is a Nigerian business magnate, entrepreneur and philanthropist. He was born on November 4, 1962 in Ibadan, Oyo State, Nigeria. Otedola is Nigerian by nationality and is proud of his African ancestry.

Nigeria is a country located in West Africa and is the most populous country on the African continent. The country has a rich cultural heritage and is known for its diverse ethnic groups, languages ​​and religions. Femi Otedola’s nationality reflects the pride he has in his Nigerian roots and the impact he has had on the country’s economy through his successful business ventures.

Career of Femi Otedola

Femi Otedola is a Nigerian entrepreneur, philanthropist and businessman who has made significant contributions to the development of the Nigerian economy. Born on November 4, 1962 in Ibadan, Nigeria, Otedola is the founder and CEO of Zenon Petroleum and Gas Limited, one of Nigeria’s largest oil marketing and distribution companies.

Otedola began his career as a journalist before venturing into the oil and gas industry in the early 1990s. He founded his first company, Zenon Petroleum and Gas Limited, in 2003, which later expanded to become a leading player in the Nigerian oil and gas industry. He also has interests in other sectors, including shipping, real estate and finance.

Apart from his business ventures, Otedola is also known for his philanthropic activities. He has donated millions of dollars to various causes, including education, healthcare and poverty alleviation, through his Femi Otedola Foundation.

Otedola has received several accolades for his business acumen and philanthropic efforts. In 2011, Forbes magazine named him the second most powerful man in Africa. In 2013, he was awarded the Grand Commander of the Order of the Niger (GCON), one of Nigeria’s highest state honours. The Vatican also recognized him as a Knight of the Order of Saint Gregory the Great.

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Femi Otedola Achievements and Awards List

Femi Otedola has received numerous awards and recognitions for his contributions to various industries. Some of his notable awards and achievements include:

1. Commander of the Order of the Niger (CON) – Femi Otedola was awarded the Commander of the Order of the Niger (CON) by the Nigerian government in 2011 for his contribution to the development of the country.

2. African Philanthropist of the Year – 2015 Femi Otedola was named African Philanthropist of the Year at the African Achievers Awards in London.

3. Nigerian Entrepreneur of the Year – Femi Otedola has been named the 2016 Nigerian Entrepreneur of the Year at the Forbes Africa Awards.

4. Philanthropist of the Decade – 2019 Femi Otedola was named Philanthropist of the Decade at the ThisDay Awards in Nigeria.

5. Lifetime Achievement Award – Femi Otedola received the 2020 Lifetime Achievement Award at the African Leadership Magazine Person of the Year Awards.

6. Global Champion of Humanity Award – Femi Otedola received the 2021 Global Champion of Humanity Award at the 2021 Global Good Governance Awards in Dubai.

7. Honorary Doctorate – Femi Otedola has received several honorary doctorates from prestigious universities including the University of Westminster in London and the Obafemi Awolowo University in Nigeria.

Disclaimer: The above information is for general information purposes only. All information on the website is provided in good faith, but we make no representations or warranties of any kind, express or implied, as to the accuracy, adequacy, validity, reliability, availability or completeness of any information on the website.

Categories: Net Worth
Source: HIS Education