Aside this, he has other investments in real estate, shipping, banking and finance etc. by Networthium July 14, 2020. Femi Otedola is the son of the former Lagos State Governor, Michael Otedola. By 2005, Zenon controlled a major share of the Nigerian diesel market, supplying fuel to most of the major manufacturers in the country including Dangote Group, Cadbury, Coca-Cola, Nigerian Breweries, MTN, Unilever, Nestle and Guinness. Femi Otedola was born on the 4th of November 1962, to the family of Mr. Micheal Otedola. How much he is really worth? Nigeria has produced several billionaires and Femi Otedola is not an exception. He also has a media company, Matthew Ashimolowo media. He was born in Ibadan, Oyo State, Nigeria, but he lives currently in Lagos, Lagos State, Nigeria. In December that year he personally acquired a further 29.3 per cent of the company for N40 billion. The pastor and author also receive gifts and donations from his congregation. Temi Otedola Current Net Worth Q: Temi Otedola Quick Facts? Florence Ifeoluwa Otedola professionally known as Cuppy is a Nigerian disc jockey and music producer. He is a famous businessman and his net worth is 300 million dollars. He ran again in 2007 on the platform of a party he founded, Fresh Democratic party, FRESH and lost to Umaru Yar’Adua in the May 2007 elections. Femi Otedola was recorded to have attended Obafemi Awolowo University (OAU) Ile-Ife from the year 1980 to the year 1985 making five years in total. Lazarus Muoka was born into a Catholic family in Mgbidi in Imo State where he went on to finish his primary and secondary school education. He is the senior pastor of Kingsway International Christian Centre (KICC) in London. Discover how much Temi Otedola is worth today, view full biography, facts, and family life. Femi Otedola’s income source is mostly from being a successful Businessman. To date, his net worth is estimated to be $1.8 billion ~ ₦701 billion. Forbes estimated Ashimolowo’s net worth is at between $6–10 million. Pastor Mathew Ashimolowo is one of the wealthiest preachers in Africa, his source of wealth being properties, businesses, and Christian literature and documents. News. Your email address will not be published. Femi Otedola . She has earned this money from her blogging career and will definitely inherit way more money from her father. As a growing child, he always loved to sing. Femi Otedola as a famous and wealthy man being a billionaire also as viral connections with different politicians in Nigeria such as Olusegun Obasanjo, Goodluck Ebele Jonathan, and others, Femi Otedola was recorded to have invested in the re-election expenses of former president Olusegun Obasanjo in the year 2003. Femi Otedola is a Nigerian top businessman, importer, former chairman of Forte Oil PLC and founder of Zenon Petroleum and Gas Ltd. He is the son of a politician and former governor of Lagos State, Sir Michael Otedola who died on the 5th of May, 2014. In today’s article, we will be writing on Femi Otedola Net Worth, I know vividly well you all want to know more about this business tycoon, that is why we have dedicated our time to writing this article containing his Biography and Net worth. (adsbygoogle = window.adsbygoogle || []).push({}); Femi Otedola Net Worth 2020 And Biography. He currently has a following of about 15000 worshipers. He is the chairman of Forte Oil Plc, a major importer of fuel products. The 68-year-old clergyman is the founder and senior pastor of Kingsway International Christian Centre in London. Femi Otedola is known to be married to a woman called Nana Otedola, this holy matrimony is blessed with four lovely and cute children which are named Florence Otedola who is now a famous disk joker (DJ Cuppy) and an ambassador for Tourism in Nigeria despite the fact that she is a female by gender, Oawunmi Otedola, Fewa Otedola (Femi Otedola’s only Son) and Temi Otedola. Otedola established CentreForce Ltd, specialising in finance, investments and trading. Currently, Femi Otedola is the chief Executive officer of Forte Oil Company which was formally known as African Petroleum (AP) which I believe you all are familiar with, this company is a company that is dedicated to offering services of importing fuel products into the country, more also this company has over five hundred (500) gas stations across the country (Nigeria), this company also tend to manufacture or produce its own oil for engines and a storage gas depot is being operated by the company. https://www.entorm.com/blog/profile/full-biography-net-worth-femi-otedola Femi Otedola has been estimated to be worth $1.2 billion making a billionaire in the oil and gas sector, meanwhile, as at the year 2009, the month of march precisely, Femi Otedola was estimated to have worth $1.2 billion back then, does this now mean that Femi Otedola is not growing or making profit from his oil and gas business? 3. As of 2020, Temi Otedola’s net worth is $100,000 - $1M. The other main church is in Maryland, Lagos. After his graduation from the University, he thought of what he could do to continue life and fulfill his dreams, then he finally came up with a conclusion of being a businessman and as God would have it, he kick-started his career as a marketer for his family’s printing press, after gaining knowledge on how to manage and market business management or company, he decided to start off his own business which was to trade petroleum products, which was like a dream come true for him. He is known to own a mighty house in Lagos State, Nigeria, London, and New York City. What is Temi Otedola's net worth in 2020? Fashion blogger and social media star who is the younger sister of Nigerian music sensation DJ Cuppy. DETAILS BELOW. Femi Otedola Net Worth. Femi Otedola Net Worth $1.2 billion. Pastor Lazarus Muoka’s source of wealth mostly proceeds from his followers, the private enterprises he runs, and book sales. In December 2010, African Petroleum re-branded, changing its name to Forte Oil PLC. Save my name, email, and website in this browser for the next time I comment. Pastor Chris Okotie net worth is estimated at $8 million. Femi Otedola is a business tycoon and also among the richest men in Nigeria with a net worth of $1.2 billion according to Forbes, 2019. Femi Otedola is Currently one of the richest and te most influential billionaires in Nigeria, With an estimated net worth of $1.8 billion Naira as of 2020. According to Forbes, Femi is worth $ 1. The church which started with a few pioneer members has gone on to become one of the most popular churches in Nigeria. In 2004 he invested N15 billion in downstream infrastructure development and acquired storage depots at Ibafon, Apapa as well as four cargo vessels, amounting to a combined total storage capacity of 147,000 metric tonnes. He also has other investments such as estate Business, he is the owner of FO properties, owner of Zenon of stallion house located in Victoria Island (VI), Lagos, Nigeria, which he bought from the Nigerian Government, the president of sea force shipping company which tends to be the largest shipping company in Nigeria and also own a ship which is one of a kind in Africa, which has a flat-bottomed bunker vessel and it is also the largest ship in Africa, Femi Otedola also tends to be a non-executive director of Transnational co-operation of Nigeria. Ashimolowo converted to Christianity from Islam at the age of 20 after the death of his father before enrolling with a Bible school. 1.2m Followers, 7 Following, 322 Posts - See Instagram photos and videos from Femi Ote (@femiotedola) He founded the company Zenon Petroleum and Gas Limitied and he is the owner of many other companies as well. Femi Otedola is a Nigerian Business man and Philanthropist, Watch his Bio and be Inspired. She is the daughter of Nigerian billionaire Femi […] World ranking Name Citizenship Net worth Sources of wealth 136: Aliko Dangote Nigeria: 10.3 Billion: Cement, Sugar, Salt. Welcome! 2020. Femi Otedola […] Temi Otedola is a Family Member from Nigeria. 0. Femi Otedola was born on November 4, 1962 and he is 57 years old now. The same year he acquired a fleet of 100 DAF fuel-tanker trucks for N1.4 billion. Name Citizenship Net worth Sources of wealth ... Cement, Sugar Folorunsho Alakija Nigeria: 1 Billion: Fashion industry, oil Femi Otedola 2.5Billion ONI ONI PRECIOUS AYOMIDE - 3.6BILLION USD 2019. We track celebrity net worth so you don't have to. Femi Otedola Net Worth 2020 And Biography. It operates majorly in the downstream sector of the Nigeria’s Oil and Gas industry, but has diversified its businesses into other sectors of the energy value chain. 8 Billion making him one of the richest men in Africa. Temi is a savvy fashion … Okotie abandoned his schooling for a while to pursue a pop music career before his returning abruptly. Glusea brings to you Pastor Chris Okotie net worth ? your username. In the article of today we have presented you Femi Otedola, one of the wealthiest and most powerful people in Africa. Hausa News; Business ; Lifestyle. Femi Otedola Net Worth. Being one of the wealthiest men in Nigeria is no joke. Temi Otedola Current Net Worth 2020 This post contains information about Temi Otedola and her net worth and also some top 10 quick facts about her that you probably never knew about her. The 7th of the richest men in Nigeria is Femi Otedola who is very familiar on the social media with 2 famous and beautiful daughters – Temi Otedola & DJ Cuppy. Femi Otedola is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products. Femi Otedola is a fast-growing businessman and entrepreneur that ventured majorly into the oil and gas sector in Nigeria and has invested in a lot of business and made a huge amount of profit from each he invested in, with is high intelligence of managing a business, he is now a famous billionaire, currently, he is one of the richest men in Africa. As of 2020 Femi Otedola net worth is $1.8 billion. On the 4th of November, 1962 Femi Otedola was born into the affluent home of Late Sir Michael Otedola and Mrs. Nana Otedolain Ibadan, the capital of Oyo State, Nigeria. He returned to school to complete his education and graduated with a law degree. Femi Otedola is a popular Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an indigenous energy group, headquartered in Lagos, Nigeria, with extended operations in Ghana. Femi Otedola was also noted to have a cordial relationship with the former president of the federal republic of Nigeria, President Goodluck Ebele Jonathan. Her zodiac sign is Pisces; 4. Femi Otedola tends to be a very famous and wealthy man and also one of the most regarded and rated billionaires in Nigeria today, being a businessman with the good ideology of business, his investments have spread wide and far and contributed immensely to the country’s important economic sector. In this article, we take a look at Temi Otedola's net worth in 2020, total earnings, salary, and biography. Okotie was born to Francis Idje and Cecilia Okotie, in Ethiope-West, Delta State . Femi Otedola is one of Nigeria’s most popular billionaires. Lazarus Muoka net worth is $8 million. Matthew Ashimolowo is one of the wealthiest pastors in the world. As of 2018, Femi Otedola was worth and $ 1.2 billion but as of July 2019, his net worth has shockingly dropped to $300million according to the information available on his Wikipedia page. In 1990, Okotie established the annual Karis Awards, hosted by his church, to recognize and financially reward Nigerian citizens. Femi Otedola  is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products. Mobile Phones; Music; Sports; Sign in. She is the first daughter of […] Otedola carried out a restructuring of the business, focusing on technology and improved corporate governance. However, over the years he has been a very major Business icon and dealer in the Nigeria Oil and Gas industry for many years now, which for now nobody can take his meet up with his rapid growth of success in Nigeria Oil and Gas. He is the son of Michael Otedola, who served as … Femi Otedola Biography: Net worth. Sign in Join. In fact, Nigerian singer and rapper Shasha Damilola Alesh, better known by his stage name Dice Ailes, has a 2017 song titled Otedola. He net worth has been growing significantly in 2018-19. KICC annual accounts confirmed that he earns an annual salary of £100,000 but the majority of his wealth comes from the sale of Christian literature and documentaries from his media company, Matthew Ashimolowo media.Ashimolowo is considered a preacher of the prosperity gospel. And her birth sign is Pisces. 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. The name ‘Femi Otedola’ symbolises wealth in Nigeria and it is commonly mentioned in Nigerian mainstream songs. BABAJIDE SANWO OLU NET WORTH AND BIOGRAPHY, ATIKU ABUBAKAR NET WORTH, WEALTH AND ASSETS. Shortly after pulling out, he set up The Lord’s Chosen Charismatic Revival Movement with the aim of “preaching the undiluted word of God”. Pastor Matthew started ministering actively in 1992 and gradually built his church and congregation. 3. Biography and Net Worth; Travel; Automobile; Reviews; Health; Education; Technology. Okotie married twice and announced he has separated from his second wife on June 24, 2012. Otedola was born on 4th November 1962 in Ibadan, the capital of Oyo State, south west Nigeria, into the family of the late Sir Michael Otedola, Governor of Lagos State from 1992 to 1993. Temi Otedola (born March 20, 1996) is famous for being family member. >>> You might also like to read: Top 10 richest men in … The father of Femi Otedola was a famou… 0. Femi Otedola is one of the names that rings a huge bell in the ears of many people when mentioned in the society today and getting to this level of fame and. The management of the church denied such allegations as “baseless” and “untrue”. She currently resides in Nigeria. He is from Nigerian. Lazarus Muoka is a Nigerian pastor, minister and author. Temi Otedola is professionally a fashion blogger who has also started her career as an actress recently. While in secondary school at Edo College, Benin City, he belonged to the school’s Music Club and usually entertained groups of people. One of his ships, a flat bottomed bunker vessel with a storage capacity of 16,000 metric tonnes, was the first of its kind in Africa. he is one of the wealthiest Pastors in Nigeria. He never considered commercialising his talent until his first year at university, when his father died. No, He was noted to have a decrease in worth due to the slump in the prices of oil in the international market in the year 2016, he was recorded to have dropped down to a Net worth of $550 million estimated by Forbes. Table of Contents. I guess the name Nana Otedola may sound strange, but in this post, I will tell you about So if you are searching for his current net worth, it is kind of shocking but true, Femi Otedola’s 2020 net worth is $300 million which is around 108.6 Billion Naira. Temi Otedola Profile Real Name Temiloluwa Elizabeth Otedola Other Names JTOFashion Age/Date of Birth March 20th, 1996. He was born in Ibadan, Oyo State, Nigeria he currently resides in Lagos State, Nigeria; He is a wealthy and active Nigerian businessman and entrepreneur that is dedicated to oil and gas business which is a very lucrative business in Nigeria and the world at large. Otedola is chief executive and president of SeaForce Shipping Company Ltd and was at one point Nigeria’s largest ship owner after extending control over the distribution of diesel products. Tolani Otedola Profile Real Name Olawunmi Christine Otedola Other Names Tolani Otedola Age/Date of Birth 31st November, 1986. Apart from being a pastor, Lazarus is also a renowned author of Christian books and journals. Okotie first ran for the President under the banner of the Justice Party (JP), led by Ralph Obiorah after he was schemed out of the National Democratic Party (NDP) primaries elections; he lost to Olusegun Obasanjo in the May 2003 elections. ; She was born in the year 1996 and is 24 years of age as of 2020.; Otedola celebrates her birthday on the 20th of March according to the famous birthdays’ website. Nigeria which is the most populous country in Africa has lots of entrepreneurs and businessmen, with some of them among the Forbes list. Femi Otedola Net Worth. In 1984, he graduated with a degree in law from the University of Nigeria at Nsukka. Femi Otedola as a man with the great wisdom of managing a business, invested into different financial institutes through Zenon Company and the company became the largest shareholder in various banks such as UBA Bank, Zenith Bank, and some other banks. Akinola November 5, 2020 November 3, 2020 Uncategorized 0. Femi Otedola is a Nigerian business magnate, philanthropist, and former Forte Oil PLC chairman and an importer of fuel products born on the 4th November 1962 in Oyo State, Ibadan. Okotie attended the Grace Fellowship Bible School in Tulsa, Oklahoma, and, soon after, established the Household of God Ministry. This figure might have gone up quite a lot but our tycoon hasn't revealed it to the media just that. As of 2020 Femi Otedola net worth is $1.8 billion. 3. Temi was born in March 20,1996 in Nigeria. 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. Read Also Mike Adenuga Nte Worth. 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. Tag: Femi Otedola Net worth And Biography, Your email address will not be published. In 2007, Otedola was appointed chairman and chief executive of Africa Petroleum through the acquisition of a controlling stake in the business. A look into Temi Otedola's net worth, money and current earnings. As God may have it, he has now back up, he is now estimated to be worth $2.3 billion. His Winning Ways programme is aired daily on Premier Radio (London) and Spirit FM (Amsterdam) and on television in Nigeria, Ghana, Zimbabwe, FaithAfrica (DSTV 341), the Trinity Broadcasting Network (TBN) and Europe on The God Channel and Inspirational Network. He attended secondary school at Edo College, Benin City. you wish to find out?, then read along as we unveil his Net worth and Biography. Few of his published books include: Critics have criticized the miracles performed by Lazarus Muoka as “stage-managed” and “fake”. His hobbies include jogging, martial arts and music. This is Nana Otedola biography which contains information that so many people don't know about the billionaire's wife. He is the founder and General Overseer of The Lord’s Chosen Charismatic Revival Movement. Femi Otedola was born on the 4th of November, 1962 to the late Sir Michael Otedola and Mrs. Nana Otedola in Ibadan, Nigeria. A merger of this personal holding with Zenon’s brought Otedola’s total stake to 55.3 per cent. Net worth: ₦700 Million: Today we will be talking about a prolific and a very influential person, daughter of the oil mogul Femi Otedola, no other person but Dj cuppy who has enjoyed some level of success in the Nigerian and UK entertainment industry. From Forbes estimations, Mike Adenuga has a net worth of $6.5 billion. We have estimated Femi Otedola's net worth, money, salary, income, and assets. 0. His father was the formal Governor of Lagos state. After a while he kick-started another company also in the same sector is the oil and gas sector, he became the founder of Zenon petroleum oil and gas limited, which I believe the majority of us have heard about, this company (Zenon) became the largest supplier of fuel across the country after much investing much on the company, this company is now the current company that supplies fuel to big and well-known companies like MTN telecommunication company, Dangote group of companies, Coca-Cola company, Cadbury breweries company, Nestle company, and Guinness company. Christopher Oghenebrorie Okotie  is a Nigeriant elevangelist and the pastor of the Household of God Church International Ministries, a Pentecostal congregation in Lagos since February 1987. Forte Oil PLC and Zenon Petroleum and Gas Ltd are among his companies. So, how much is Femi Otedola worth at the age of 58 years old? Femi Otedola is one of the best names in the oil industry He founded Zenon Oil, a company involved in the importation and marketing of petroleum products. Speaking of his net worth, Femi Otedola is estimated to be worth $1.8B by Forbes in 2016, making hime the one of the richest men in Nigeria. 0. Femi Otedola Profile Overview […] Otedola is also the owner of Swift Insurance. Required fields are marked *. Log into your account. There were also many allegations leveled against him by a woman who went on to record and sell such allegations in C.D formats in major markets in Lagos and some parts of Nigeria. 2. A former member of his church claimed Lazarus shortchanged him of ₦317million after making an unwritten agreement with Lazarus to invest in the church. He is also the chairman Forte Oil Plc. Lazarus Muoka claimed to have had many dreams from God in 1994 prompting him to pull out from the church he was serving as a pastor and set up his own church. Despite been born into wealth, Temi Otedola saw the need to still make a name and wealth for herself. Temi Otedola’s net worth is $2 million. Femi Otedola has been noticed to be so close to his children especially Florence his daughter the famous Disk Joker and ambassador for tourism in Nigeria, by posting her picture on his Instagram page which was recently opened, although am not surprised because that is the way it should be, which shows that Femi Otedola is a responsible and caring father to his children and a loving husband to his wife. Okotie has published books and is a regular contributor to several Nigerian newspapers. https://www.wothappen.com/how-much-is-femi-otedola-worth-in-2020 5 Reasons why Sports Betting is on the Rise, Inspiring Story of Sheila Hollins, Baroness Hollins Daughter, Top 15 Causes Of Car Accidents And How You Can Prevent Them, How to Safe Guard your Home from Coronavirus, List Of Countries In Africa And Their Debts, Here are the top 10 universities in Africa for 2020, Glusea brings to you Femi Otedola net worth. And a television program; Winning Ways which is broadcasted in Ghana, Zimbabwe, Nigeria, and some countries in Europe. As we may have it, his primary Education and Secondary Education were not recorded or has not been recorded rather and nothing much also was said about his childhood. 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. 34 years(2020) Occupation Singer and Song Writer State of Origin Oyo, Nigeria Net Worth Unknown Olawunmi Christine Otedola also known as Tolani Otedola is a Nigerian singer, songwriter and recording artist. Prior to his demise, Sir Michael Otedolawas the governor of Lagos State from 1992 to 1993. 1. Femi Otedola Net Worth 2020 ($2.3 Billion) Femi Otedola has been estimated to be worth $1.2 billion making a billionaire in the oil and gas sector, meanwhile, as at the year 2009, the month of march precisely, Femi Otedola was estimated to have worth $1.2 billion back then, does this now mean that Femi Otedola is not growing or making profit from his oil and gas business? Pastor Mathew Ashimolowo was born on 17 March 1952 in Nigeria. In 1975, he moved into Lagos and worked for some time under a company before starting up his own business which he did until he gave his life to Christ as a full Christian. She is currently just 22 years. Then in 2011, he ran and lost to the President Goodluck Jonathan. Meanwhile following his rapid growth in business; he would be worth more in years to come. 24 years(2020) Occupation Blogger State of Origin Oyo, Nigeria Net Worth $2 million Temiloluwa Elizabeth Otedola also known as Temi Otedola is a London based Nigerian fashion blogger and entrepreneur. Discover how much the famous Family Member is worth in 2020. Whilst undergoing law school he interrupted his schooling again to begin his religious ministries. His name has been songs and accolades have been given when due. 2020 November 3, 2020 Uncategorized 0 Ltd are among his companies a merger of this personal with. Ashimolowo ’ s total stake to 55.3 per cent of the wealthiest Pastors in the business, on... 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