Femi Otedola is a Nigerian businessman and philanthropist, born on November 4, 1962, in Ibadan, Nigeria. He is the founder and former chairman of Forte Oil Plc, an integrated energy company that operates in the downstream sector of the Nigerian oil and gas industry. Otedola started his career as a student at Obafemi Awolowo University, where he studied Philosophy, Politics, and Economics.
After completing his studies, he ventured into the business world and established his own company, Zenon Petroleum and Gas Ltd, in 2003. He later acquired a controlling stake in African Petroleum (now known as Forte Oil), and under his leadership, the company grew significantly, becoming one of the largest players in Nigeria’s downstream oil and gas sector.
| Real name | Femi Otedola |
| Date of birth | 4 November 1962 |
| Country of Origin | Federal Republic of Nigeria |
| Source of Wealth | Oil & Gas, Hotels, Real Estates, investments |
| Net worth | $1.8 Billion |
Aside from his business ventures, Otedola is also known for his philanthropy, and he has donated large sums of money to various causes in Nigeria, including the Michael Otedola University Scholarship Scheme, which he established in honour of his late father. In 2019, Otedola made headlines when he donated N5 billion (approximately $13.8 million) to the Save the Children Fund through his daughter’s foundation, the Cuppy Foundation. This donation was one of the largest single donations ever made by an individual in Nigeria.
Otedola has received numerous awards and recognitions for his business acumen and philanthropic efforts, including the Order of the Niger (OON) award, one of Nigeria’s highest honours, which he received in 2011.
Otedola also has a huge love for luxury cars, and everyone knows that. He has shared pictures of two flagships Rolls-Royce Phantom 8 sedans – one in Nigeria and the other in the UK, as well as a 7th-generation Rolls-Royce Phantom.
Femi Otedola Private Jet
Femi Otedola owns a Bombardier Global Express XRS private jet, which is a long-range business jet that can fly up to 12 hours without refuelling. The jet is known for its luxurious and spacious cabin, which can accommodate up to 12 passengers.
The interior of the jet is furnished with top-of-the-line amenities, including plush leather seats, a full-sized bed, a spacious bathroom with a shower, a fully-equipped kitchen, and a large flat-screen TV. The jet also features state-of-the-art communication and entertainment systems, including satellite internet and live TV. The cabin is designed with a neutral colour palette of beige, cream, and brown, which creates a warm and inviting ambience.
The leather seats are arranged in a club-style configuration, which allows passengers to socialize and work comfortably during the flight. In addition to its luxurious amenities, the Bombardier Global Express XRS is also equipped with advanced safety features, including a collision avoidance system, a terrain warning system, and a weather radar system, which ensures that the jet can safely navigate through any weather conditions.
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