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Billionaire Femi Otedola splashes over ₦801 million on a superyacht to mark his 60th birthday

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Nigerian energy magnate Femi Otedola is celebrating his 60th birthday aboard the private luxury motor yacht Christina O. Christina O is the 59th largest yacht in the world as of 2022.

private luxury motor yacht Christina O.
private luxury motor yacht Christina O.

The weekly rental cost of the yacht, which belongs to billionaire Greek shipping magnate Aristotle Onassis who amassed the world’s largest privately owned shipping fleet, is $609,000.

Mr Otedola rented the yacht for three weeks.

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Going by the average rates on Charter Index, a luxury yacht rental site, the billionaire must have Splurged $1.82700m over ₦801 million, for his three-week voyage.

The yacht will sail for three weeks around the Mediterranean Sea with 37 crew members. The billionaire industrialist was filmed boarding the yacht in a luxury van with his luggage. “Mr Femi, welcome back,” he was greeted by one of the crew members, indicating that he had been on the yacht before.

He then exchanged pleasantries with the crew individually.

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Billionaire Femi Otedola splashes over ₦801 million on a superyacht to mark his 60th birthday #superyacht #yacht #Billionaire

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Mr Otedola is joined on the cruise by his family and his soon-to-be son-in-law, Oluwatosin Ajibade, aka Mr Eazi.

In another clip, Mr Otedola, who turns 60 on the 4th of November, lounged in the Onassis Suite.

Aside from other luxury amenities, the yacht also has a bed with Otedola’s initials, FO, inscribed.

He joins the elite list of celebrities and sobersides who have enjoyed a cruise on Christina O. Going by the average rates on Charter Index, a luxury yacht rental site, Mr Otedola must have splurged $1827000, over N801m, for his three-week voyage.

SPECIFICATION

LENGTH99.1m / 325’2
BEAM11.12m / 36’6
DRAFT4.24m / 13’11
GROSS TONNAGE1,802 GT
CRUISING SPEED14 Knots
BUILT1943 | 2020 (Refitted)
BUILDERCanadian Vickers
MODELCustom
EXTERIOR DESIGNERCaesar Pinnau
INTERIOR DESIGNApostolos Molindris & Associates

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