Otedola carried out a restructuring of the business, focusing on technology and improved corporate governance. by Networthium July 14, 2020. BABAJIDE SANWO OLU NET WORTH AND BIOGRAPHY, ATIKU ABUBAKAR NET WORTH, WEALTH AND ASSETS. Femi Otedola’s income source is mostly from being a successful Businessman. Few of his published books include: Critics have criticized the miracles performed by Lazarus Muoka as “stage-managed” and “fake”. According to Forbes, Femi is worth $ 1. 0. The same year he acquired a fleet of 100 DAF fuel-tanker trucks for N1.4 billion. 0. In 1984, he graduated with a degree in law from the University of Nigeria at Nsukka. 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. As of 2020 Femi Otedola net worth is $1.8 billion. Femi Otedola is the son of the former Lagos State Governor, Michael Otedola. Femi Otedola  is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products. Apart from being a pastor, Lazarus is also a renowned author of Christian books and journals. Discover how much Temi Otedola is worth today, view full biography, facts, and family life. 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. 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. The father of Femi Otedola was a famou… He is the senior pastor of Kingsway International Christian Centre (KICC) in London. 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. She is the first daughter of […] He is from Nigerian. He returned to school to complete his education and graduated with a law degree. 3. He was born in Ibadan, Oyo State, Nigeria, but he lives currently in Lagos, Lagos State, Nigeria. 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. Femi Otedola was born on November 4, 1962 and he is 57 years old now. 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. 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. The management of the church denied such allegations as “baseless” and “untrue”. Ashimolowo converted to Christianity from Islam at the age of 20 after the death of his father before enrolling with a Bible school. His hobbies include jogging, martial arts and music. Hausa News; Business ; Lifestyle. 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. Being one of the wealthiest men in Nigeria is no joke. 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. 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. And a television program; Winning Ways which is broadcasted in Ghana, Zimbabwe, Nigeria, and some countries in Europe. A merger of this personal holding with Zenon’s brought Otedola’s total stake to 55.3 per cent. Florence Ifeoluwa Otedola professionally known as Cuppy is a Nigerian disc jockey and music producer. Shortly after pulling out, he set up The Lord’s Chosen Charismatic Revival Movement with the aim of “preaching the undiluted word of God”. In this article, we take a look at Temi Otedola's net worth in 2020, total earnings, salary, and biography. Femi Otedola is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products. He is also the chairman Forte Oil Plc. His name has been songs and accolades have been given when due. Save my name, email, and website in this browser for the next time I comment. Femi Otedola Profile Overview […] 3. 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. Required fields are marked *. 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. 0. Otedola is also the owner of Swift Insurance. 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. And her birth sign is Pisces. How much he is really worth? He currently has a following of about 15000 worshipers. He founded the company Zenon Petroleum and Gas Limitied and he is the owner of many other companies as well. Femi Otedola was also noted to have a cordial relationship with the former president of the federal republic of Nigeria, President Goodluck Ebele Jonathan. He also has a media company, Matthew Ashimolowo media. Femi Otedola Net Worth. Temi Otedola Current Net Worth Q: Temi Otedola Quick Facts? Temi Otedola Profile Real Name Temiloluwa Elizabeth Otedola Other Names JTOFashion Age/Date of Birth March 20th, 1996. 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 is the son of a politician and former governor of Lagos State, Sir Michael Otedola who died on the 5th of May, 2014. Femi Otedola Net Worth. The other main church is in Maryland, Lagos. Okotie has published books and is a regular contributor to several Nigerian newspapers. This figure might have gone up quite a lot but our tycoon hasn't revealed it to the media just that. Otedola established CentreForce Ltd, specialising in finance, investments and trading. This is Nana Otedola biography which contains information that so many people don't know about the billionaire's wife. 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. Temi Otedola is a Family Member from Nigeria. So, how much is Femi Otedola worth at the age of 58 years old? Welcome! Nigeria which is the most populous country in Africa has lots of entrepreneurs and businessmen, with some of them among the Forbes list. 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. He is the chairman of Forte Oil Plc, a major importer of fuel products. Temi was born in March 20,1996 in Nigeria. Meanwhile following his rapid growth in business; he would be worth more in years to come. Matthew Ashimolowo is one of the wealthiest pastors in the world. Table of Contents. We have estimated Femi Otedola's net worth, money, salary, income, and assets. 8 Billion making him one of the richest men in Africa. Femi Otedola Biography: Net worth. As God may have it, he has now back up, he is now estimated to be worth $2.3 billion. Whilst undergoing law school he interrupted his schooling again to begin his religious ministries. 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. Pastor Chris Okotie net worth is estimated at $8 million. 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. Then in 2011, he ran and lost to the President Goodluck Jonathan. Femi Otedola Net Worth 2020 And Biography. Her zodiac sign is Pisces; 4. 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. 0. Aside this, he has other investments in real estate, shipping, banking and finance etc. 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. (adsbygoogle = window.adsbygoogle || []).push({}); Femi Otedola Net Worth 2020 And Biography. From Forbes estimations, Mike Adenuga has a net worth of $6.5 billion. Okotie married twice and announced he has separated from his second wife on June 24, 2012. 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. 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. In December that year he personally acquired a further 29.3 per cent of the company for N40 billion. 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. 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. Femi Otedola is a Nigerian Business man and Philanthropist, Watch his Bio and be Inspired. Your email address will not be published. Read Also Mike Adenuga Nte Worth. 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 founder and General Overseer of The Lord’s Chosen Charismatic Revival Movement. News. 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. 3. 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. Tolani Otedola Profile Real Name Olawunmi Christine Otedola Other Names Tolani Otedola Age/Date of Birth 31st November, 1986. He attended secondary school at Edo College, Benin City. Temi is a savvy fashion … Femi Otedola Net Worth $1.2 billion. Discover how much the famous Family Member is worth in 2020. 1. Lazarus Muoka net worth is $8 million. In December 2010, African Petroleum re-branded, changing its name to Forte Oil PLC. Femi Otedola is one of Nigeria’s most popular billionaires. In fact, Nigerian singer and rapper Shasha Damilola Alesh, better known by his stage name Dice Ailes, has a 2017 song titled Otedola. 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. Temi Otedola (born March 20, 1996) is famous for being family member. 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. To date, his net worth is estimated to be $1.8 billion ~ ₦701 billion. Pastor Lazarus Muoka’s source of wealth mostly proceeds from his followers, the private enterprises he runs, and book sales. In 1990, Okotie established the annual Karis Awards, hosted by his church, to recognize and financially reward Nigerian citizens. 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. Pastor Mathew Ashimolowo was born on 17 March 1952 in Nigeria. He never considered commercialising his talent until his first year at university, when his father died. Forbes estimated Ashimolowo’s net worth is at between $6–10 million. 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. The name ‘Femi Otedola’ symbolises wealth in Nigeria and it is commonly mentioned in Nigerian mainstream songs. 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. She is the daughter of Nigerian billionaire Femi […] He is a famous businessman and his net worth is 300 million dollars. The church which started with a few pioneer members has gone on to become one of the most popular churches in Nigeria. 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. Pastor Matthew started ministering actively in 1992 and gradually built his church and congregation. Temi Otedola’s net worth is $2 million. She is currently just 22 years. Nigeria has produced several billionaires and Femi Otedola is not an exception. As of 2020, Temi Otedola’s net worth is $100,000 - $1M. ; 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. Femi Otedola was born on the 4th of November 1962, to the family of Mr. Micheal Otedola. 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 Net Worth. 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. https://www.wothappen.com/how-much-is-femi-otedola-worth-in-2020 Lazarus Muoka is a Nigerian pastor, minister and author. 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. Prior to his demise, Sir Michael Otedolawas the governor of Lagos State from 1992 to 1993. 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