Femi Otedola

Femi Otedola (#2803)

Global Rank #2803

Country Rank #4

Country Nigeria

Femi Otedola is listed among the world billionaires tracked by Iconic Billionaires.

$ 1 B
Energy and Utilities
Nigeria
M
63 Years

Snapshot

Quick Facts

Global Rank #2,803

Country Rank #4

Net Worth $1.4B

Previous Worth $1.4B

Worth Change +$0.0B

Country Nigeria

Industry Energy and Utilities

Age 63 Years

Gender M

Worth As Of May 4, 2026

Residence Lagos, Nigeria

Citizenship Nigeria

World Billionaires List Nigeria Billionaires Energy and Utilities

Profile Data

Personal Stats

Age 63

Source Of Wealth Energy and Utilities, Self Made

Residence Lagos, Nigeria

Citizenship Nigeria

Marital Status Married

Children 4

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $1.4B

Current Net Worth $1.4B

Worth as of May 4, 2026

About Me

Femi Otedola is a Nigerian billionaire who made his first fortune in commodities before selling his shares in Forte Oil to invest in the energy business. In 2025, Otedola sold his majority stake in Geregu Power, a power generation business, pocketing roughly $750 million. He had previously sold down his stake in Geregu, which once exceeded 95%, to bring on institutional investors. He retains a 5% stake in the Lagos-based company. He also owns properties in Lagos, Dubai, London and Monaco, and holds shares in Zenith Bank and FBN Holdings.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Femi Otedola.

#2858

Billionaires (2026)

#22

Africa's Billionaires (2026)

Insights

Did You Know?

His daughter is a professional DJ who goes by the stage name DJ Cuppy.

Wealth Growth

Net Worth Growth Over Time

Tracking Femi Otedola's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $1.4B (May 4, 2026)