{
  "id": 8501996,
  "title": "Femi Otedola’s net worth hits $2 billion for the first time ever",
  "url": "https://urgent.news/2026/09/19/femi-otedolas-net-worth-hits-2-billion-for-the-first-time-ever",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T17:09:33.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/09/19/femi-otedolas-net-worth-hits-2-billion-for-the-first-time-ever/"
  },
  "original_language": "en",
  "account": "Nigerian billionaire Femi Otedola has reached a net worth of $2 billion for the first time, according to Forbes' Real-Time Billionaires data. His fortune has increased by $200 million from its August valuation. The rise in Otedola's wealth is due to the growth in his investments across financial services, power, and other assets. Otedola now ranks No. 2,104 among global billionaires with a net worth of $2 billion as of September 19, 2026. His stake in First HoldCo, the parent company of First Bank of Nigeria, has increased due to a sharp rise in the share price and additional purchases. Otedola retains a 5% stake in Geregu Power and holds shares in Zenith Bank, properties in several countries, and a focus on promoting financial inclusion.",
  "summary": "Nigerian billionaire Femi Otedola’s net worth has risen by $200 million from its August valuation to $2 billion, according to Forbes’ latest Real-Time Billionaires data. The post Femi Otedola’s net worth hits $2 billion for the first time ever appeared first on Nairametrics .",
  "key_points": [
    "Nigerian billionaire Femi Otedola's net worth reaches $2 billion for the first time.",
    "His wealth increases by $200 million from August valuation.",
    "Otedola ranks No. 2,104 among global billionaires as of September 19, 2026."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}