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Wealth Builder

Femi Otedola

NigeriaEnergy

  • Investor
  • Industrialist

Net Worth Estimate

$1.3 billion

Forbes Africa Billionaires List 2026 · March 1, 2026

Last updated: October 8, 2026

Biography

Femi Otedola built his fortune in petroleum distribution and power generation, including Geregu Power, and became chair of First HoldCo, the parent of First Bank of Nigeria.

Wealth history

DateSourceRankEstimate
March 1, 2026Forbes Africa Billionaires List 2026#22$1.3 billion

Figures from different sources and dates are listed separately and never merged. Missing years are not estimated. Net worth figures are estimates published by the named source on the date shown. They change frequently and are not exact or permanent. Rankings are date-stamped snapshots.

Philanthropy

No documented philanthropy recorded yet.

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