AUM
$1.5B (estimated based on principal net worth)
Principals
6
Principal Net Worth
$1.7B
Data Flags
Nigeria's #4 richest 2025; Geregu Power chairman; FBN Holdings ~17% stake
Otedola Family Office
SFOHigh ConfidenceLagos, Nigeria
Last verified: Jan 16, 2026
Details
- Website
- Unknown
- Source of Wealth
- Oil/Energy, Banking, Real Estate
- Assets Under Management
- $1.5B (estimated based on principal net worth)
- Source File
- research/organizations/otedola-family-office.md
- UID
- fo-otedola-family-office
Also Known As
Femi Otedola Family OfficeOtedola CapitalZenon Group
Principals (6)
Team Members (6)
Related Entities (5)
FBN Holdings PlcHolding Company
Major shareholder (~17% stake)
Geregu Power PlcSubsidiary
Power generation company (sole listed power company in Nigeria)
Otedola Family FoundationFoundation
Philanthropic entity
Swift InsuranceSubsidiary
Insurance investments
Zenon Petroleum & Gas LtdSubsidiary
Oil trading and distribution
Relationship Strength
Loading relationships...
Sources (5)
- https://www.forbes.com/profile/femi-otedola/
- https://www.goodreturns.in/femi-otedola-net-worth-and-biography-blnr3224.html
- https://www.billionaires.africa/2025/12/02/femi-otedola-first-holdco-microsoft-partnership-africa/
- https://www.billionaires.africa/2025/10/21/nigerias-billionaires-build-family-offices-to-cement-legacies-and-expand-global-reach/
- https://www.premiumtimesng.com/business/844122-otedola-raises-stake-in-first-holdco-to-16-9-with-n15-billion-new-share-acquisition.html
Changelog
- 2026-01-16Verification upgrade to High - confirmed net worth via Forbes (#2233, $1.7B), Wikipedia, Legit.ng, Billionaires.Africa; 4+ sources verified
- 2026-01-16Added principal biography, education, career history, family table, entities, net worth update
- 2026-01-15Auto-generated from principal Femi Otedola