Monday, November 30, 2020
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Femi Otedola’s net worth


The 7th of the richest men in Nigeria is Femi Otedola who is very familiar on the social media with 2 famous and beautiful daughters – Temi Otedola & DJ Cuppy. Femi Otedola was born on the 4th of November, 1962 to the late Sir Michael Otedola and Mrs. Nana Otedola in Ibadan, Nigeria.

Femi Otedola’s net worth

Femi Otedola graduated from the Obafemi Awolowo University, (OAU) formerly referred to as the University of Ife. As soon as he graduated, Otedola headed the family’s printing press business for a while before he switched into the lucrative lane of the oil business.


Femi Otedola is one of the best names in the oil industry

He founded Zenon Oil, a company involved in the importation and marketing of petroleum products. He is also the chairman Forte Oil Plc.

To date, his net worth is estimated to be $1.8 billion ~ ₦701 billion.

Femi Otedola’s property

Femi Otedola is a millionaire that possesses at least three houses in Lagos. Another is in Abuja where he meets with officials. In fact, it is said that Femi Otedola houses are situated all over Nigeria. Femi Otedola possesses a private jet which is worth more than sixty million dollars.

Femi Otedola’s cars

Femi Otedola owns a fleet of luxurious cars. He maintains a Mercedes fleet in Nigeria. He also maintains the Rolls-Royce custom-designed cars, built in Great Britain. Both fleets cost about $1 billion. His Mercedes cars are bulletproof include a Mercedes Benz AMG 63,  He recently acquired a Mercedes-Benz Mclaren SLR valued at N250 million.

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The businessman has sweet relationships with his daughters. He must be very proud of his two talented daughters with one being a famous owner of JTO Fashion Blog while others succeeding in the music industry. Seems like his kids share the same passion for exotic cars with their father as Femi once gifted Temi Otedola a red Range Rover while another time he presented his DJ daughter a white Range Rover.


Dj Cuppy drove her father’s Rolls-Royce when she was in Britain


Cars owned by Femi Otedola

Femi also drives a Mercedes-Benz G-Wagon. This car was seen in his mansion in Ikoyi. The initial cost of this car is about $300 000. The bulletproof system and the custom design hikes its cost to $400 000.

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Akinola Olusegun is a blogger and publisher of this blog, You can also check out his other blogs : (videos & news), (e-commerce), (news) among others. Follow him via any or all of his social media pages to get fresh posts update.

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