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Femi Otedola (born November 4, 1962) is a famous Nigerian billionaire businessman.
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He is the owner of Forte Oil and is also the former president of Forte Oil PLC, a company that imports fuel products.
You are watching: Who is Femi Otedola? Biography, Net Worth, Children, Age, Wife, Son, Wikipedia, House, Business
He is also the founder of Zenon Petroleum and Gas Ltd, and owns a large number of other businesses in the shipping, real estate and finance sectors.
He recently invested in power generation as part of the supporting sector in Nigeria.
Nigerian businessman
female Otedola |
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 Femi Otedola: History, Biography, Photos |
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| Wiki Info & About Data | |
| First and last name: | female Otedola |
| Parents: | Michael Otedola, Lady Doja |
| Born: | November 4, 1962 (56 years old) |
| Place of birth: | Ibadan |
| State of origin: | Lagos State |
| Nationality: | Nigerian |
| Children: | DJ Cuppy, fewa Otedola, Tolani, Temi Otedola |
| Spouse • Wife: | Nana Otedola |
| Job: | Businessman • Businessman |
| Net value: | 1.8 billion USD |
Early life
Femi Otedola was born in Ibadan, the capital of Oyo State, southwestern Nigeria, to the family of Michael Otedola, the late Governor of Lagos State from 1992 to 1993. His mother, Lady Doja, is a Nigerian businessman .
The second son in a family of four boys, he grew up in Lagos with his three brothers.
Image credit: Femi Otedola
While growing up in Lagos, he had a strong passion for the priesthood and wanted to study at seminary to become a priest in the future, although he later refused to commit to the priesthood because I cannot give up my business ability. .
Education
Femi Otedola in terms of his education attended the University of Lagos staff school, and he later continued his studies at Obafemi Awolowo University, Ile-Ife, Osun State, where he obtained his first degree in 1985.
Immediately after enrolling at Obafemi Awolowo University, Ile-Ife, after acquiring some skills in running a successful business, started working as a marketer for his family’s printing business, working Working in the printing business has helped him develop many business strategies.
Career
In 1994, Femi Otedola founded CentreForce Ltd, specializing in finance, investments and trading. He is also the owner of Swift Insurance.
In 2003, he saw an opportunity in the fuel retail market. He secured financing to establish Zenon Petroleum and Gas Ltd, a petroleum distribution company in Nigeria.
He served as a member of the Nigerian Investment Promotion Council (NIPC) in 2004, and that same year was appointed to a committee tasked with developing trade relations with South Africa.
Femi Otedola is the owner and chairman of Zenon Petroleum and Gas Ltd. He invested $15 billion in downstream infrastructure development in 2004 and acquired storage facilities at Ibafon, Lagos State, in which he also acquired a fleet of 100 Daf tanker trucks for 1.4 billion USD. year.
In January 2006, he was appointed as a non-executive director of the transnational corporation Nigeria Plc.
Femi Otedola has made a large number of real estate investments, including the acquisition of Zenon of Stallion House in Victoria Island in Lagos in February 2007. In the following month, he was appointed as Chairman of the Transcorp Hilton Hotel in Abuja. That same year, he was also appointed president and chief executive officer of Africa Petroleum through the acquisition of a controlling stake in the business.
Otedola became the second Nigerian after Aliko Dangote to appear on Forbes’ list of dollar billionaires, with an estimated net worth of $1.2 billion as of March 2009.
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Femi Otedola is the managing director and chairman of Sea Force Shipping Company Ltd and at one point was Nigeria’s largest shipowner after he expanded his control over the distribution of diesel products.
Social Media
Femi Otedola is not really a social media enthusiast so does not waste most of his time on social media as he is always focused on building his business and only uses social media for a number of business communication activities.
He has over 1 million followers on Instagram.
Instagram handle – @ realfemiotedola
Personal life
Bringing to you details of Femi Otedola’s personality. He is a talented, bold and confident businessman in his abilities.
He has done a lot of charity work and donated a lot to various organizations in Nigeria. He has interests and passion for doing what suits him best.
He is the father of four children; three girls and one boy. Femi Otedola also had a wonderful and happy marriage with Nana Otedola, a business visionary.
Children
- DJ Cuppy: A Nigerian entertainer whose real name is Florence Ifeoluwa Otedola (31 years old) (born November 11, 1992)
- Temi Otedola: A Nigerian actress, businesswoman, blogger and fashion and lifestyle designer. She is also known as JTO Fashion (28 years old) (born March 20, 1996)
- fewa Otedola: Only son of a Nigerian billionaire, keeps his private life private (23 years old) (born June 2, 2001)
- Tolani: A Nigerian singer and songwriter famous for her song Badman, her real name is Olawunmi Christy Otedola. (38 years old) (born April 21, 1986)
Net value
Working very hard for many years and becoming a famous business tycoon, Femi Otedola has an estimated net worth of $1.8 billion as confirmed by Forbes.
Source: https://anhngunewlight.edu.vn
Category: Biography