Femi otedola net worth. 5 billion, comes in at number twelve.

Femi otedola net worth 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). Top 30 best midfielders in the world - Global ranking revealed. 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. His estimated Networth for 2020 should be about $400million. JOIN NB ON SOCIAL MEDIA. 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. He is the founder and chairman of Forte Oil PLC, an oil marketing company. 7 billion according to Forbes, is among Africa’s wealthiest and ranks within the top 2,000 richest people globally. business magazine tracking the fortunes of the world’s ultra-high-net-worth individuals, Otedola, presently ranked as Nigeria’s fourth-richest individual, has witnessed a notable increase in his net worth from $1. 8 billion. With a fortune of $1. The top 20 richest individuals in Africa for 2024, according to Forbes, are as follows: 1. "Papa take us shopping Jun 23, 2024 · 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. Apr 3, 2024 · Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the top richest Nigerians in 2024. Femi Otedola Net worth in 2025. Social Media. He owns a private jet and a few of his caravan of cars include. Indeed, Femi Otedola is a wealthy man, considering his mouth-watering net worth of $1. 85 Billion. He holds a majority stake in Geregu Power, a major player in Nigeria’s power sector, and significant investments in FBN Holdings. Below are some of the comments gathered by OSG that trailed Otedola’s posts. 4 billion, respectively. Forbes reported fluctuations in their net worth due to market changes. 9 billion), highlighting his impact not only on the firms he manages but also on those in which he holds significant ownership. 6 billion as of 2024. In October 2009, Otedola announced a move to upgrade African Petroleum’s liquefied petroleum gas (LPG) storage terminals in Lagos, Kano and Port Harcourt. 20. 7 trillion ($12. 5 billion) Femi Otedola, chairman of First Bank and a serial investor, experienced a decline in his net worth over the past month. He has an estimated net worth of $5. 1 billion) Nigerian billionaire Femi Otedola expanded his fortune by $500million in 2024, reaching $1. As at 2017, Femi Otedola’s Networth is $275million. With a $7. 16% stake in FBN Holdings. Mar 31, 2022 · The 55 aged Nana Otedola is the wife of a Nigerian business, philanthropist, Femi Otedola. 14. 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. His net worth fluctuates due to market conditions and business ventures. 10. 9 billion combined The market value of the publicly listed companies he holds stakes in has surged to N16. Femi Otedola. 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. 1 Billion, which was reported by Forbes in 2016. 7 billion: Telecom, oil, finance and investments Aug 22, 2024 · Femi Otedola Forbes. Femi Otedola’s net worth has fluctuated over the years due to the nature of his business ventures and his strategic exit from the oil industry. 2 billion and ranks him as the 601st richest person in the world. A serial investor and Nigeria's fourth-richest man, his investments span energy, power, banking, and more. 5 billion. 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. 7 Billion) Net Worth: $5. 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. In 2008, a shipment containing one million tons of diesel set sail, heading for the shores of Nigeria. Femi also has a daughter named Olawunmi Christy Otedola, aka Tolani from his former relationship with Olayinka Odukoya. 8 billion as of early 2021. He hails from the family of the late Sir Michael Otedola, who served as the Governor of Lagos State from 1992 to 1993. Forbes estimated his net worth at $6. On the 4th of November, 1962, Femi Otedola was born in Ibadan to Michael Otedola and lady Doja. 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 is a Nigerian billionaire Feb 19, 2025 · #4. When this list was published by Forbes in 2009, Femi Otedola was worth $1. Philanthropy. Dec 31, 2024 · Femi Otedola - $1. 1 billion Origin of wealth: Gas stations, Utilities Country: Nigeria. 8 Billion, according to the same Forbes’ Billionaires List. Rolls–Royce Phantom worth N162 Jan 24, 2024 · This year, thirteen billionaires witnessed an increase in their wealth, while seven saw a decrease in their net worth. Femi Otedola is a Nigerian billionaire businessman with a net worth of $5. 7 billion as of December 2021. While this figure positions him as Nigeria’s fourth-richest individual, it only partially reflects the extent of his considerable wealth. As of 2024, his net worth is estimated to be around $1. Who Richer is Mar 5, 2025 · Femi Otedola Net Worth. 4 billion), represent the sole Nigerians listed in Apr 3, 2024 · Dangote remained Africa’s richest man, recording $13. 2 billion, rejoins Forbes billionaire list as Nigeria 4th richest - Nairametrics Sep 2, 2024 · Femi Otedola is among the top 10 richest men in Nigeria in 2021, with a net worth of around $1. Netizens have shared different thoughts about the viral picture shared by Femi Otedola. 7 billion amid a robust naira performance; His wealth could also be attributed to the rise in his companies, Geregu Power Plc and FBN Holdings Plc Jan 12, 2024 · Femi Otedola has rejoined Forbes' billionaire list as Nigeria's fourth richest businessman after falling below the billion-dollar mark in. 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. 7% controlling stake in Africa Petroleum(AP) and later that year he personally acquired a further 29. However, as Femi’s wife and partner in many ventures, she enjoys significant financial privileges. He also owns 5. Industry: Energy; Residence: Nigeria; Nationality: Nigerian; Net worth (2016): USD 1. With such a tremendous amount of wealth, Oteloda became the second to appear on the Forbes list of dollar-denominated billionaires. He was born on November 4, 1962. 8b in 2016. Apr 8, 2024 · Publicly listed companies linked to Nigerian billionaire Femi Otedola are worth $12. A chunk of his fortune comes from his 73% stake in Geregu, which is worth more than $850 million. 1 to $1. 9 billion Rank in 2023: 1 Net worth in 2023: May 18, 2020 · Net Worth. 3%. 8 billion, according to Forbes records. Notably, Forbes recognized Otedola as a billionaire in 2009. At first, his success was rising, and he entered the Forbes list of World billionaires. 7 billion respectively. 2024 was a remarkable year for Femi Otedola as he reentered the billionaire rankings. 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. Net Worth: $1. Making him one of the richest men in Nigeria. 8 billion Femi Otedola is a prominent businessman known for his investments in energy, real estate, and the financial sector. Apr 4, 2025 · Femi Otedola, Aliko Dangote, and other Nigerians are featured on Forbes Magazine's World's Black Billionaires for 2025. 2 billion which earned him a spot on the Forbes list of richest men. Jan 23, 2024 · Femi Otedola Net worth: $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. 3 Billion) Femi Otedola has been estimated to be worth $1. 7 billion in February, has lost $300 million in the last 30 days, bringing his net worth down to $1. Jun 18, 2024 · On the other hand, Femi Otedola was reported to have a net worth of $1. 3 billion: Diversified, cement Abdul Samad Rabiu Nigeria: 7. Instagram: @femiotedola Jan 19, 2022 · But in 2016, his net worth dropped drastically from $1. 1 billion. Otedola’s net worth has surged by $400 million since the beginning of 2024, increasing from $1. Aside from having a net worth of $300 million, Femi has magnificent houses in London, Dubai, Abuja, Lagos, and New York City. S. Feb 7, 2025 · While Forbes values his publicly listed assets at $1. Otedola’s net worth is reported according to other sources to be estimated at $5. ” @Leponky: “Odogwu dey make moves 💪🏿. 6 million. Get the best of CNBC Africa sent straight to your inbox Femi Otedola was born on November 04, 1962 in Nigeria. 6 billion: Diversified, cement Mike Adenuga Nigeria: 7. 2 billion . Andy Uba- $2. 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. Aliko Dangote — $13. She was born to Otedola and his former lover, Olayinka Odukoya. 9 billion 2. The name has been widely used in various hip hop songs and movies alike due to his immense wealth. 1 billion, Otedola’s strategic shift towards power generation and real estate reflects an insightful response to market dynamics. Femi Otedola's net worth is currently estimated at $1. Sep 11, 2022 · Temi Otedola (Full Name: Temiloluwa Elizabeth Otedola, born 20 March 1996) is a fast-rising Nigerian actress, blogger, and podcaster best known for starring in Citation (2020) and also for being the daughter of billionaire businessman Femi Otedola. Femi Otedola’s net worth was estimated around $1. Mar 31, 2025 · His net worth skyrocketed to $23. Mar 13, 2025 · Femi Otedola ($1. Jul 1, 2023 · Femi Otedola Net worth on the NGX: $851 million Holdings: Geregu Power Plc, FBN Holdings Femi Otedola is the beneficial owner of 82 percent of Geregu Power Plc, an electricity generating company Oct 8, 2024 · Femi Otedola's net worth rose by $200 million in 12 days, reaching $1. 4 billion by Forbes, have recorded gains, thanks to the return of Nigerian billionaire investor Femi Otedola to the list. READ ALSO: Femi Otedola Offloads 2. As chairman of Geregu Power, Otedola capitalized on strategic sales of company stakes to institutional investors. Femi Otedola Awards. 9 billion, up from $13. 3 billion: Cement, food processing, real estate Femi Otedola Nigeria: 4. 7 billion two weeks ago. Otedola is part of a group of relatively young men who represent the new face of Nigerian capitalism. Oct 21, 2024 · Femi Otedola's net worth is $1. Femi Otedola was estimated Femi Otedola Net Worth in 2025 Instagram will load in the frontend. The current net worth of Femi Otedola has constantly fluctuated due to the instability in oil price. motj aqvotibk jfuoj qryxyap yrqc mpr ydiuf zkcgmf onu dnxyolh odoo lnzs vkm nupv nrcmcde