Femi Otedola, the son of Sir Michael Otedola, the former governor of Lagos State, was born in the year 1967 at Epe, Lagos State of Nigeria. He is married to Femi Otedola and they have four children, including the British DJ and socialite, Florence “Cuppy” Otedola. Femi Otedola is the founder and Chief Executive Officer of Forte Oil Plc. He is also the President and Chief Executive Officer of Zenon Petroleum and Gas limited. This company supplies most Nigerian powerful companies the fuel they use to power their companies including Cadbury Nigeria Plc., Coca Cola, Dangote Group, Nigerian Breweries, MTN, Unilever, Nestle, Guinness Nigeria Plc etc.
Otedola is also the founder of Atlas Shipping Agency, Swift Insurance, FO Properties Limited, FO Transport and Seaforce Shipping Company Ltd.
In 2014, Femi Otedola was listed by Forbes as the number 29th richest man in Africa.