How otedola became rich?
Score: 4.8/5 (50 votes)
In 2003, having identified an opportunity in the fuel retail market, Otedola secured the finance to set up Zenon Petroleum and Gas Ltd, a petroleum products marketing and distribution company. ... Later that year Zenon acquired a 28.7 per cent stake in African Petroleum, one of Nigeria's largest fuel marketers.
How did otedola become rich?
Through his company Zenon, he bought a 28.7% stake in African Petroleum which he would later re-brand to Forte oil. He went into the financial sector buying up shares aggressively. In the process becoming the second largest shareholder in Zenith Bank.
What is otedola source of income?
Femi Otedola began his foray as a prominent businessman in Nigeria when in 2003; he started business in the fuel retail market in Nigeria. This led him to set up Zenon petroleum and gas Ltd, a company marketing and distributing petroleum products.
Why is Femi Otedola successful?
Femi Otedola's success story is one that shows that experience coupled with a diversity of investment, and philanthropy can lead to a successful life.
Is otedola a billionaire?
In March 2009, Otedola became the second Nigerian after Aliko Dangote to appear on the Forbes list of dollar-denominated billionaires, with an estimated net worth of $1.2 billion.
Biography Of Otedola, Investments, Net Worth, Wife, Children, Family
26 related questions foundIs fewa otedola sick?
Popular disc jockey, DJ Cuppy, took to Instagram on Wednesday to celebrate the birthday of her brother, Fewa Otedola, whom she revealed has severe autism. Fewa, the only son of Nigerian billionaire, Femi Otedola, shares something in common with Tesla's CEO, Elon Musk.
Who is the poorest man in the world?
Among the 689 million people living in extreme poverty on $1.90 or less a day, there is a man called Jerome Kerviel, who is the poorest person in the world. He was born on 11, 1977 in Pont-l'Abbé, Brittany, France.
Is otedola richer than Dangote?
According to Forbes the 5 richest Nigerians are: Aliko Dangote (net worth US $14.4 billion), Mike Adenuga (net worth US $9.9 billion), Femi Otedola (net worth US$1.85 billion), Folorunsho Alakija (net worth US$1.55 billion), Abdul Samad Rabiu (net worth $1.1 billion).
Who is the richest boy in Nigeria?
1. Ray HushPuppi – $480,200,000. The richest Yahoo Boy in Nigeria goes by the name of Ray HushPuppi. HushPuppi can be regarded as the richest Yahoo boy in 2020.
Who is the richest Igbo man?
Arthur Eze – Estimated Net Worth: Over $5.8 Billion
Arthur Eze is the richest Igbo business man alive with estimated net worth of over $5.8 Billion, he is currently the Chief Executive Officer of Atlas Oranto Petroleum; he is also a Philanthropist and a Politician.
Does otedola have a private jet?
Femi Otedola's private jet, and yacht
In addition to owning very exotic and luxury cars, Femi Otedola is a proud owner of a private jet and a yacht said to cost ₦40 million.
How many billionaires are in Nigeria?
Nigeria now has only three billionaires on 2021 Forbes list of world billionaires, with the dropping off of Executive Vice Chairman of Famfa Oil Limited, Folorunso Alakija.
Who is richer otedola and Adeleke?
With an estimated Forbes Net Worth of $1.8 billion dollars, Femi Otedola is not just richer than Dr. Deji Adeleke, He should be on the list of top 10 richest men in Nigeria.
Who is the richest woman in the world?
The granddaughter of the L'Oréal founder, Francoise Bettencourt Meyers was the wealthiest woman in the world as of March 2021. Her and her family's net worth was estimated at 73.6 billion U.S. dollars. Alice Walton, the daughter of the Walmart founder, was ranked second with 61.8 billion U.S. dollars in net worth.
Who is a trillionaire 2021?
No one has yet claimed the title of trillionaire, although the speed at which the world's wealthiest individuals have grown their fortunes suggests that it could happen in just a few years. As of 2021, $1 trillion is a sum greater than the gross domestic product (GDP) of all but 16 countries around the globe.
Who is the richest kid in the world?
The richest kid in the world is Prince George Alexander Louis who is worth approximately $1 billion dollars as of today.
Who is the poorest celebrity?
List of poorest celebritiesIs fewa otedola on Instagram?
FEWA OTEDOLA (@fewa. otedola) • Instagram photos and videos.
Does Dangote own a yacht?
Aliko Dangote's N13 Billion Yacht
The President of Dangote Group owns a luxury yacht, which he bought for a mouth-watering $43 millIon (N13. 2 billion)!
Is DJ Cuppy in a relationship?
Popular Nigerian disc jockey, DJ Cuppy, has revealed the reason why she is still single. Born Florence Ifeoluwa Otedola in 2014 she was the resident DJ at the MTV Africa Music Awards in Durban. ...
ncG1vNJzZmiln6u2pq%2FUpauiq6Soe6S7zGifqK9dpMGmsM6lmGaalZiurrGMq6CcoA%3D%3D