Femi Otedola was born in 1967 in Lagos to the former Lagos State governor, Sir Michael Otedola. He is married to Nana, with three daughters and one son, including the British DJ and socialite Florence “Cuppy” Otedola.
Femi Otedola is a Nigerian business man and the owner of multi-billion naira indigenous oil giant, Zenon. He is also the CEO of Forte Oil Plc, having a controlling share of 78%. Otedola and Dangote were the only Nigerians who appeared on the 2009 Forbes list of 793 dollar-denominated billionaires in the world, with an estimated net worth of over US$1.2 billion. He is also #29 of Africa’s 50 Richest and the 4th richest Nigerian.