3. FEMI OTEDOLA
Femi Otedola is the son of the former Lagos State Governor, Michael Otedola. He is the chairman of Forte Oil Plc, a major importer of fuel products. He is also the founder of Zenon Petroleum and Gas Ltd.
His investment isn’t just limited to oil but range across other sectors such as shipping, real estate and finance. According to the latest release by Forbes, Femi Otedola has net worth of $2.3 billion which puts him at the third position in terms of wealth in Nigeria.
His sojourn in business started when he successful ran the family’s printing business in the 1980s. He would later venture in to the oil and gas industry
Otedola has 3 daughters, two of which are well known in the entertainment circles. One of them, Florence Otedola popularly called DJ Cuppy is a DJ and music producer. Another one, Elizabeth Temi is a style blogger and an aspiring designer.
Femi Otedola has real estate properties in different parts of the world. These include London, Dubai and New York City.
He is also known for his philanthropic contributions. Through his father’s university, Michael Otedola University, he set up a scholarship scheme which has helped over 1000 students since its inception. Also, he was known to contribute N300 million to the completion of the National Ecumenical Centre, Nigeria’s primary place of Christian worship in Abuja.