The billionaire who is Chairman of Forte Oil made so much money last year, earning so much that it has landed him on the Number 1 spot as Africa’s highest gaining billionaire in 2015.
According to Forbes, more African billionaires saw a drop in their net worth in 2015 but Femi Otedola’s fortunes rose by a whopping 75% by the end of 2015.
He went from earning $778 million in 2014 to $1.81 billion in 2015.
According to Ventures Africa, only 5 of the 21 African billionaires grew richer between 2014 and 2015.
Apart from Otedola who was the highest gaining the others on the list are:
Mohammed Dewji (Tanzania)
Christofell Wiese (South Africa)
Isabel Dos Santos (Angola)
Issad Rebrab (Algeria)
