Femi Otedola Biography – Age, Businesses, Career, Education, Early Life, Family, And Net Worth

Femi Otedola Biography – Age, Businesses, Career, Education, Early Life, Family, And Net Worth

• Let us discuss Femi Otedola’s Biography in terms of his Age, Career, Education, Early Life, Family, Business And Net Worth and much more.

Femi Otedola was born on November 4, 1962, in Ibadan, Oyo State, to Sir Michal Otedola, a former governor of Lagos State from Epe, and Lady Doja Otedola. Femi is the Chairman of Forte Oil PLC and Geregu Power PLC, as well as an entrepreneur and philanthropist.

In this article, I will discuss Femi Otedola’s biography, career, age, place of birth, net worth, Business, and given name. Let’s start with his profile.

Full Name:	Femi Otedola
Nike Name	Femi Otedola
Date of Birth:	4 November 1962
Place of Birth::	Ibadan
State of Origin:	Lagos State
Nationality:	Nigerian
Occupation:	Businessman and Entrepreneur
Net Worth:	$1.8 Billion
Wife/Sponsor:	Nana Otedola
Source	The9jafresh

Femi Otedola Biography

Femi Otedola (born November 4, 1962) is a well-known and well-liked Nigerian billionaire businessman.

He is the owner of Forte Oil and was previously the chairman of Forte Oil PLC, a fuel importer.

He also founded Zenon Petroleum and Gas Ltd and owns a slew of other companies in shipping, real estate, and finance.

He recently invested in power generation as part of the Nigerian support sector.

Femi Otedola Early Life and Education

Femi Otedola was born into the family of the late Michael Otedola, Governor of Lagos State from 1992 to 1993, in Ibadan, the capital of Oyo State in southwest Nigeria. Lady Doja, his mother, is a Nigerian businesswoman.

He is the second son of his parents’ four boys, and he grew up in Lagos with his three brothers.

While growing up at Lagos, he had an intense passion for the priesthood and was wanting to study at the seminary school to become a priest in the future, although he later declined to venture into priesthood since he couldn’t give up his flair for business.

In terms of education, Femi Otedola attended the University of Lagos staff school before moving on to Obafemi Awolowo University in Ile-Ife, Osun state, where he earned his first degree in 1985.

Shortly after enrolling at Obafemi Awolowo University, Ile-Ife, he began working as marketing personnel for his family’s printing business. Working in the printing business exposed him to a great deal of business strategy.

Femi Otedola Career

Otedola established Centre Force Limited in 1994, specializing in finance, investment, and trading. He is also the President and CEO of Zenon Petroleum and Gas Limited. His company, which he founded in 2003, supplies fuel to the majority of the country’s major manufacturers, including Coca-Cola, MTN, Nestle, Unilever, Dangote Group, and Nigerian Breweries. The company grew quickly, and by 2005, it controlled a significant portion of the Nigerian diesel market, supplying fuel to the majority of the country’s major manufacturers, including Dangote Group, Cadbury, Coca-Cola, Nigerian Breweries, MTN, Unilever, Nestle, and Guinness.

In 2007, he was appointed as the CEO and chairman of Africa Petroleum which was renamed as Forte Oil Plc. He donated the sum of 80 million naira to the Faculty of Agriculture at the University of Port Harcourt in 2008. In 2011, he was appointed to Nigeria’s National Economic Management Team by President Goodluck Jonathan and as part of the liberalization of the sector in Nigeria, he recently invested in power generation. He is also the founder of FO Transport and Sea force Shipping Company Ltd, Swift Insurance, Atlas Shipping Agency and FO Properties Limited.

Femi Otedola has demonstrated that he is not limited to a single line of trade or business. He has proven to be a master of all trades and a jack of all trades. He founded Centre Force Ltd, a company that specializes in finance, investments, and trading, and he also owns Swift Insurance. After Aliko Dangote, he is the second Nigerian on Forbes’ list of dollar-denominated billionaires. In 2014, Forbes Magazine ranked him 29th among Africa’s wealthiest people.

Femi Otedola Awards

Otedola holds the Nigerian Merit Award for the Commander of Order of the Nigeria (CON)

Femi Otedola Philanthropy

As a great philanthropist, Otedola has made several donations to the Michael Otedola University Scholarship Scheme, which was founded in 1985 with the aim of helping underprivileged students in Lagos State access to higher education.

He fulfilled his pledge of $25,000 to the Super Eagles in the match against Algeria during the 2019 AFCON.

Femi Otedola Personal Life

Introducing Femi Otedola’s personality in detail. He is a gifted businessman who is bold and self-assured in his abilities.

He has done a lot of charity work and donated a lot of money to various organizations in Nigeria. He has interests and hobbies in doing what he enjoys.

He is the father of four children, three girls and one boy. Femi Otedola is also fantastically and happily married to business visionary Nana Otedola.

Femi Otedola Children

• DJ Cuppy: A Nigerian entertainer whose real name Florence Ifeoluwa Otedola (Age 29 years) (born 11 November 1992)
• Temi Otedola: A Nigerian actress, entrepreneur, fashion and lifestyle blogger and designer. She is also known as JTO Fashion (Age 26 years) (born 20 March 1996)
• Fewa Otedola: The only son of the Nigerian billionaire, he keeps a private life (Age 21 years) (born 2 of June 2001)
• Tolani: A Nigerian singer and songwriter known for song, Badman, her real name is Olawunmi Christy Otedola. (Age 36 years) (born 21 April 1986)

Femi Otedola Social Media

Femi Otedola not really being a social media freak doesn’t waste most of his time on social media since he is always focused on building his business and only makes use of social media for some business communications.

He’s having over 1million followers on Instagram.

• Instagram handle -@femiotedola

Femi Otedola Net Worth

Femi Otedola, who has worked extremely hard over the years to become a celebrated business mogul, has an estimated net worth of $1.8 billion, according to Forbes.

Thank you for taking the time to read Femi Otedola’s Full Biography And Net Worth, which includes his Date Of Birth, State Of Origin, Marriage, Children, House, Cars, Educational Background, Qualifications, Childhood, History, Wikipedia, Bio, Siblings, and much more.

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