Femi Otedola rejoins billionaires list, Becomes fourth richest person in Nigeria with Exotic cars, Private Jet

Femi Otedola finally joins the billionaire list as he becomes the third richest man in Nigeria and one of the richest men in Africa. Femi Otedola is a popular businessman in Nigeria, a philanthropist, a CEO, and an entrepreneur in all its making. He was born on the 4th of November 1962 in Ibadan, Oyo State into the family of Sir Michael Otedola. Sir Michael Otedola served as the Executive Governor of Lagos State from 1992 – 1993.

The number of Nigerian billionaires on the Forbes list has increased to four after the wealth tracker included Femi Otedola, the chairman of Geregu Power.

According to the Forbes Billionaire Index sighted on Thursday, Otedola, who fell below the billion-dollar mark in 2017, occupied the fourth position behind Abdul Samad Rabiu, Mike Adenuga and Aliko Dangote.

As a result, the total wealth held by the four Nigerian billionaires now stands at $29.10 billion 28 per cent of the $103.70 billion listed 20 African billionaires are valued. At six, South Africa has the highest number of billionaires, followed by Egpyt (five), Nigeria (four), Morocco (two), and one each in Algeria, Tanzania, and Zimbabwe.

Femi Otedola Cars

Some of Femi Otedola’s luxury cars include:

• A Mercedes-Benz AMG G63 worth N73 million.
• A G-Wagon costing N53 million.
• A Mercedes SLR McLaren worth N250 million.
• A Rolls-Royce Phantom worth N162 million.
• BMW 6 series worth N30 million.

Femi Otedola Private Jet, and Yacht

In addition to owning some amazing luxury rides, Femi Otedola owns a private jet and a private yacht he uses to travel when he feels the urgent need to.