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Femi Otedola Net Worth 2023 And Biography.

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Femi Otdola Net And Biography.

Femi Otedola Net Worth: Femi Otedola is a Nigerian business mogul, investor, industrialist and an established entrepreneur who has a net worth of $1.8 billion dollars according forbes 2016 world billionaire ranking.

According to forbes 2016 billionnaire rating Femi Otedola Net Worth net worth is estimated at $1.8 million dollars, bringing him top on the list of the richest and most influential persons in Nigeria.

If you have spend time in In Nigeria, you must have hear of the popular name whom both Nigeria artistes and young boys mentioned on daily basis “Femi Otedola” the popularity of his name is not just for mere purposes.

Femi Otdola Net Worth

Femi Otedola who happen to be the father of Nigerian popular DJ, DJ Cuppy, Blogger Temi Otedola and a Musician Tolani Otedola, He has been sited several time by artistes most recently Victor AD, with the slangs “waiting DJ Cuppy money no fit do Otedola Money do am oo”, keep calm you are on the right page to know as much as you want to know about Billionaire Femi Otedola.

Otedola Net Worth: However, in 2016 Forbes Estimated net worth to be 1.8 Billion Dollars, making him one of the richest and most influential men in Nigeria and in Africa.

Femi Otedola Profile

  • Full Name: Femi Otedola
  • Birth Date: 1962
  • Birth Place: Oyo State
  • Nick Name: Otedola$
  • Religion: Christian
  • Nationality: Nigerian
  • Ethnicity: Yoruba
  • Education: N/A
  • Horoscope: N/A
  • Father’s Name: Updating Soon
  • Mother’s Name: Updating Soon
  • Siblings: Updating Soon
  • Age: 58-Years-Old
  • Height: 1.95M
  • Weight: N/A
  • Shoe Size : N/A
  • Eye Color : Dark Brown
  • Body Measurement: N/A
  • Marital Status: Married
  • Children: Blessed With Children
  • Profession: Businessman/ Entrepreneur
  • Stats: Active
  • Net Worth: $1.8 Billion Dollars
  • Salary: Updating Soon
  • Social Media: Instagram, Twitter

Femi Otedola Biography

Femi Otedola is a Nigerian both by birth and by origin, He was born on 4th November 1962, Otedola was born in Ibadan, Oyo State, south west Nigeria, into the family of the late Sir Michael Otedola, who was then Governor of Lagos State from 1992 to 1993.

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According to forbes 2016 billionnaire rating, Femi Otedola Net Worth net worth is estimated at $1.8 million dollars, bringing him top on the list of the richest and most influential persons in Nigeria.

He is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products. Otedola is the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance. He has recently invested in power generation as part of the liberalization of the sector in Nigeria.

Femi otedola Biography
otedola

In one of his recent interview, he once said “I had about 93 percent of the diesel market on my fingertips. All of a sudden, oil prices collapsed and I had over one million tons of diesel on the high seas and the price dropped from $146 to $34.”

Femi Otdola Net Worth

Despite this experience, Femi has risen to become one of Nigerian billionaires ranking among the world’s richest persons. This wouldn’t have been possible if he had refused to re-strategize after the initial downfall of his company.

Otedola Business Career

Femi otedola net worth And Biography
otedola

Zenon Petroleum and Gas Limited

Mr. Femi Otedola has asserted himself in the market of the Nigerian oil and gas. In 2003, he founded the Zenon Petroleum and Gas Limited which specializes in the marketing and distribution of petroleum products. In 2004, Mr. Femi Otedola invested 15 billion Naira in Zenon which was used in infrastructure development and acquiring storage depots and cargo vessels. The company owns storage depots at Ibafon and Apapa and also possesses four cargo vessels. Three of the cargo vessels are named after his father, mother, and wife. Their names are MT Sir Michael, MT Lady Doja, and MT Nana respectively while the last one is named Zenon conquest.

Zenon controls a major share of the diesel market and supplies fuel to most of the major Nigerian manufacturing industries. These include Dangote Group, Cadbury, Coca-Cola, Nigerian Breweries, MTN, Unilever, Nestle, and Guinness. Zenon was able to seize control of the market in a very short time.

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Femi Otedola Net Worth And Biography.

Femi Zenon obtained 28.7% share in African Petroleum Limited. He was later appointed the Chairman and CEO of African Petroleum Limited because of Zenon’s shares in African Petroleum. He later acquired additional 29.3% share of African Petroleum Limited (56% shares in total) making him the largest shareholder of African Petroleum Limited.

Femi Otdola Net Worth

African Petroleum Limited was later changed to Forte Oil PLC, with lots of improvement in management and technology put in place which was pioneered by Femi Otedola.

Forte Oil gained access to the global market after selling 17% of its equity to Swiss Commodity Trader Mercuria Energy Group.

According to forbes 2016 billionnaire rating Femi Otedola Net Worth net worth is estimated at $1.8 million dollars, bringing him top on the list of the richest and most influential persons in Nigeria.

Femi is also the president of SeaForce Shipping Company Limited. Otedola advanced consistently in his business career and diversified into the Financial Industry. He is one of the major shareholders in Zenith and United Bank of Africa (UBA).

Femi Otedola Houses

Femi otedola net worth And Biography
Femi Otedola

In February 2007, he acquired a real estate worth N2.3billion from the Federal government through the Zenon of Stallion House. This is also an enlargement to his business coast.

Femi Otedola’s cars

Femi otedola Daughter Dj Cuppy
Otedola car

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.

Femi Otedola Net Worth And Biography.

Femi Otedola Philanthropy

Femi otedola Biography
Femi Otedola

Otedola has made several donations to the Michael Otedola University Scholarship Scheme, which was established by his father in 1985 to give underprivileged students in Lagos State access to higher education. In 2005 Zenon donated N200 million to the scheme’s fund. Since its inception the scheme has benefited more than 1,000 students.

Femi Otedola Net Worth And Biography.

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In 2005, Otedola made a N300 million personal donation to the completion of the National Ecumenical Centre—Nigeria’s primary place of Christian worship—in Abuja. In 2007 he was among a group of donors who gave N200 million to the State Security Trust Fund in a drive to reduce crime in Lagos State. Later that year he donated N100 million to the Otedola College of Primary Education in Noforija, Epe. In 2008 he donated N80 million to the Faculty of Agriculture at the University of Port Harcourt. Femi Otedola fulfilled his pledge of 25,000 dollars to the Super Eagles in the match against Algeria in the 2019 AFCON.

Femi Otedola Net Worth And Biography.

In the same 2019 Otedola Pledge 5 billion to Cuppy Foundation, In 2020 Covid_19 Pandemic that Hit hard on Nigeria, Femi Otedola Donate the Sum of N1 Billion Naira to Nigeria Federal Government.

Femi Otedola’s Companies

Femi-otedola-yacht

CentreForce Limited, Swift Insurance, Forte Oil, Zenon Petroleum and Gas Limited, Gegeru Power Plc and others are some of his companies.  He is a shareholder in various companies within and outside Nigeria.

Femi Otedola’s Appointments

  • South Africa commercial relationship developement committee member 2004
  • Non-executive director of Transnational Corporation of Nig. Plc 2006-2011
  • Chairman, Transcorp Hilton Hotel, Abuja.                                             2007
  • Nigerians National Economic Management Team member               2011

Femi Otedola wife and children

Femi otedola Daughters
Otedola and his girls

Mr. Femi Otedola is married to Nana Otedola. She is the owner and CEO of Garment Care, a dry-cleaning enterprise. Together they have three daughters and a son. One of his daughters, Florence Otedola, is also known as DJ Cuppy. She is an international music producer, DJ, and a tourist ambassador for Nigeria. The other daughter, Temi, is a designer and style blogger.

Femi Otedola Net Worth And Biography.

Femi Otedola Net Worth

Femi Otedola Net Worth: In 2014, he was listed by Forbes as number 29 among the richest people in Africa. According to forbes 2016 billionnaire rating Femi Otedola Net Worth net worth is estimated at $1.8 million dollars, bringing him top on the list of the richest and most influential persons in Nigeria.

Billionaires

Google Co-Founder Larry Page Net Worth And Biography

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Google Co-Founder Larry Page Net Worth

We had bring you Larry page net worth and Biography, Larry Page is an American entrepreneur and computer scientist who co-founded the colossal search engine company called Google, Larry Page has an estimated net worth of $67.9 Billion dollars as of the time of this post in 2020.

Larry Page Biography

Page was born in 1973 to two computer science professors at Michigan State University in East Lansing, Michigan. Even at a young age, he enjoyed taking machines apart and trying to put them back together to understand how they functioned.

Just Like Sergey Brin, Who is also a Google Co-Founder, His parents were both computer science professors, and as a child, his home was always filled with computers science magazines. At the age of 12 years old, he realized that he wanted to establish his very own company.

Larry Page has an estimated net worth of $67.9 Billion dollars as of the time of this post in 2020.

He attended East Lansing High School and graduated in 1991.

He got his bachelor’s degree in computer engineering at the University of Michigan and later received a computer science master’s degree from Stanford University.

Larry Page has an estimated net worth of $67.9 Billion dollars as of the time of this post in 2020.

Larry Page Career

During his time at Stanford, Larry met Sergey Brin, a researcher working on a project in 1995.

By 1996 Larry and Sergey had constructed their very first search engine called ‘BackRub’ which was solely operating on Stanford servers for several months.

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The two decided that they want to bring their idea to life and the co-founder of Sun Microsystems, Andy Bechtolsheim played a considerable role in this process as he wrote them a check for $100,000.

The company became a reality in 1998, and the name was respectively changed to the iconic name it holds to this current day, Google. In 2001 Eric Schmidt became the CEO, and the others leveled all the way up to presidents of technology and products.

In 2004 the website launched Orkut, the social networking site, and Google Desktop Search. And then later that same year they held the Initial Public Offering which instantly made them millionaires.

The year 2005 brought us Google Maps, Google Reader, Blogger Mobile, and the company even acquired YouTube.

Google did a collaboration in 2007 with China Mobile and Salesforce.com, and they also signed to make Google’s educational apps available to students in Kenya and Rwanda.

In 2008 they launched Google Sites which was the latest version of Google Earth and the following year they launched Google Latitude another version on Google Earth and Google Ventures.

In 2010 they developed the Google Apps Marketplace and in 2011 Larry Page was named the new CEO and Eric Schmidt would be the executive chairman.

Larry Page Net Worth

Larry Page is currently one of the richest and the most successful Tech entrepreneur in the world with an estimated net worth of $67.9 Billion dollars as of the time of this post in 2020.

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Billionaires

Chinese Billionaire Zhang Xin Forbes Net Worth And Biography

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Xin Forbes Net Worth And Biography

AGE: 55 YEARS OLD

Zhang Xin Net Worth: $3.6 BILLION USD

SOURCE OF INCOME: CEO, SOHO China

Zhang Xin is one of the biggest business magnates of China, Zhang Xin has a net worth of $3.6 billion dollars. She co-founded SOHO in 1995. She is the CEO of SOHO. SOHO is presently the biggest real estate developer in Beijing. According to 2014 reports, she ranked 62nd among the most powerful women across the world.

Biography

Zhang Xin was born in 1965. Her parents were Burmese Chinese. They migrated from Burma to China during the 1950s. Xin was 14 years old when she moved to Hong Kong along with her mother. Xin worked in several small factories for about five years in order to save money for higher education. She studied Economics at the University of Sussex, London. She completed her Master’s in Development Engineering in 1992 from the University of Cambridge. Xin also received the Doctor of Law honorary from the University of Sussex.

She began working immediately after graduating, first with Barings Pic, then Goldman Sachs, and then the Travelers Group. She chose to return to Beijing to launch a business with her husband in 1995. The business, Hongshi, grew to become SOHO China, the largest real estate development company in China. She has won numerous awards in recognition of her arts patronage and her development work in China.

Who Is Zhang Xin Married To?

Zhang Xin is married to Pan Shiyi. They both are members of the Baha’I Faith. Xin did a special role in the film, “Wall Street: Money Never Sleeps”in 2010.

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Zhang Xin Net Worth: $3.6 BILLION USD

Zhang Xin is currently Forbes richest and most powerful woman in Asia, with an estimated net worth of $3.6 Billion dollars.

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Billionaires

Aliko Dangote Net Worth 2023, Age And Biography

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Aliko Dangote Net Worth

Aliko Dangote Net Worth: Aliko Dangote who has a net worth of $8.8 billion dollars, is a Nigeria billionaire businessman, investor and an established entrepreneur.

Dangote net worth of worth of US$8.8 billion (October 2020), makes him the 162nd wealthiest person in the world and the richest person in Nigeria.

Aliko Dangote Net Worth

He is best known for retaining the title of the world richest black man on earth and for being the Chairman of Dangote Group, A multi-nation industrial Conglomerate in Nigeria, It is the largest conglomerate in West Africa and one of the largest on the African continent. The group employs more than 30,000 people, generating revenue in excess of US$4.1 billion in 2017.[Wikipedia]

Dangote Profile

  • Full Name: Aliko Dangote
  • Birth Date: April 10, 1957
  • Birth Place: Kano State
  • Nick Name: Dangote
  • Religion: Muslim
  • Nationality: Nigerian
  • Ethnicity: Hausa
  • Education: N/A
  • Horoscope: N/A
  • Father’s Name: Updating Soon
  • Mother’s Name: Updating Soon
  • Siblings: Updating Soon
  • Age: 63-Years-Old
  • Height: 1.95M
  • Weight: N/A
  • Shoe Size : N/A
  • Hair Color: Dark
  • Eye Color : Dark Brown
  • Body Measurement: N/A
  • Marital Status: Divorced
  • Children: 63
  • Profession: Chairman Dangote Group
  • Stats: Active
  • Net Worth: $8.8 Billion Dollars
  • Salary: Updating Soon
  • Social Media: Instagram, Twitter

Dangote Biography

Dangote is a Nigerian both by birth and by origin, He was born on 10 April, 1957, in Kano, Northern Part Of Nigeria, He’s currently 63 years old. Dangote was born into a Wealthy Muslim family of Mohammed Dangote and Mariya Sanusi Dantata, a daughter of Alhaji Dantata, Dangote He is the great-grandson of Alhaji Alhassan Dantata, the richest man in West Africa at the time of his death in 1955.

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Dangote completed his primary and secondary school education at the Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano. In 1978, he graduated from the Government College, Birnin Kudu. He received a bachelor’s degree in business studies and administration from Al-Azhar University, Cairo.

Who Is Dangote Married To?

Dangote was previously married twice and he Divorced, He has three children and one adopted son.

Aliko Dangote Net Worth Facts

Aliko Dangote is currently the richest man in Nigeria, double with the fact that he’s also the richest black man on earth, He has a net worth over $8.8 as of the time of this writing.

  • Aliko Dangote, Africa’s richest man, founded and chairs Dangote Cement, the continent’s largest cement producer.
  • He owns 85% of publicly-traded Dangote Cement through a holding company.
  • Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa.
  • Dangote also owns stakes in publicly-traded salt and sugar manufacturing companies.
  • Dangote Refinery has been under construction since 2016 and is expected to be one of the world’s largest oil refineries once complete.
  • In March 2011, Dangote forbes net worth was $13.8 billion dollars
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