Chief Dele Fajemirokun, a Nigerian billionaire known for his low-key lifestyle, has recently gained attention after being seen at an event with his luxurious Rolls Royce. He is the driving force behind well-known companies like Chicken Republic and AIICO Insurance among others.
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Wealth, in his opinion, should result from the creation of tangible goods or services. He believes that individuals should be able to prove the source of their wealth before claiming to be billionaires.
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Contrary to popular belief that he was born into wealth, Dele Fajemirokun grew up in a one-room rented apartment in Isale Eko with his parents, siblings, and relatives. This humble upbringing sparked a drive within him to improve his circumstances.
Despite being labelled as “Dele Times, Dele Trouble” due to his mischievous nature as a child, he was considered intelligent by his teachers. He attended Gboluji Grammar School in Ondo State and earned his B.Sc in Business Economics from the University of Ife (now Obafemi Awolowo University). He also obtained a Doctorate from the University of Los Angeles, USA. According to Fajemirokun, his parents, who were both traders, likely influenced his interest in trading. Additionally, his educational background in Business Economics has also contributed to his success.
Fajemirokun is also a recipient of chieftaincy titles including Bajulaiye of Okeigbo, Ondo State; Bobagunwa of Ifewara, Osun State; Obaluaro of Ado–Ekiti, Ekiti State; Fiwajoye of Ipetu–Modu, Osun State; Amuwajoye of MOPA Kingdom, Kogi State; Chief Atanyese of Ondo Kingdom, Ondo State; Baba Oba of Ifewara, Osun State.
Dele Fajemirokun Companies
Dele Fajemirokun has a wide-ranging portfolio with interests in over forty enterprises across various sectors such as insurance, telecommunications, oil and gas, agriculture, and manufacturing. Some of his notable companies include
- Food Concepts and Entertainment (Chicken Republic/Butterfield Bakery)
- Johnson Wax (makers of Baygon & Raid insecticide)
- First Hydrocarbon Nigeria Ltd
- Kings Guards Limited
- FSS Gases
- Multishield Limited
- Xerox HS
- Blue Chip Communications
- DF Holdings Limited
- Johnson Johnson
- and Henry Stephen Groups.
Dele Fajemirokun Net worth
Dele Fajemirokun ranks high on list of the richest Yoruba men with an estimated net worth of $500 million.
Dele Fajemirokun Cars
Dele Fajemirokun owns a $509 million net worth and can afford any car brand he desires. His collection includes exotic cars such as the Range Rover, Mercedes Benz E-Class, Mazda CX-5, and an older Phantom in Nigeria. In London, he keeps a newer model Rolls-Royce Phantom (series 2) in his garage.
Baba Oba Dr. Dele Fajemirokun is happily married to Chief (Mrs.) Edith Fajemirokun and isbounteously blessed with children who are all qualified in their chosen professions. He is also blessed with many grandchildren.
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