Billionaire mogul Femi Otedola: Why There’s No Noise About His Upcoming 50th Birthday? Billionaire mogul behind Forte Oil, Femi Otedola swayed into the Golden Club ( On Tuesday, November 4, 2014) without the hue and cry and extravagance that heralds such a landmark celebration, it was gathered. From Odoragunshin near Epe (Lagos), the father of three daughters (Christy, Ifeoluwa and Temi) and a son (Femi) is married to Nana (who owns Garment Care) and both have homes in Knightsbridge, London (United Kingdom), Ikoyi (Lagos) and Abuja (both in Nigeria). There are whispers of superlative pads in Monaco (France) and in the United States of America.The stylish man of means who only adorns white brocade (buba and sokoto) to the office and official events is in Abuja (Federal Capital Territory) where there’s apparently no loud event in his honour.
With about $1.2 billion ( N199.2 billion) net worth, according to Forbes Africa in its latest edition, the comeback billionaire (who was delisted over the years had $1.1 billion against his name in 2009) is lucky to have reclaimed his crown.
With about 80 per cent stake in publicly listed Forte Oil, the handsome philanthropist is rolling in dough. And with the 414 mega watts Geregu power plant in Kogi, he’s settling well at the top.