Here is a comprehensive Olurotimi Otedola biography.
Olurotimi Paul Otedola, popularly known as Rotimi Otedola, is a Nigerian businessman, investor, and musician.
He is best known as the founder of the Afrinero music band and a major shareholder in Geregu Power Plc. As the younger brother of Nigerian billionaire Femi Otedola, Rotimi has carved out his own identity in both the business and entertainment industries.
While he has kept a relatively low profile compared to his famous brother, his recent business moves have placed him in the spotlight.
Born into one of Nigeria’s most influential families, Rotimi Otedola was raised in a household known for its significant contributions to politics, business, and philanthropy.
His father, the late Sir Michael Otedola, was a former governor of Lagos State, while his mother, Lady Doja Otedola, has been a strong pillar of support for the family’s legacy.
In addition to his renowned brother, Femi, Rotimi is also related to several prominent figures in Nigeria’s elite circles, including cousins who are thriving in various industries.
Olurotimi Otedola Biography Overview
| Attribute | Details |
|---|---|
| Full Name | Olurotimi Paul Otedola |
| Nickname | Rotimi Otedola |
| Date of Birth | Not publicly disclosed |
| Nationality | Nigerian |
| Occupation | Businessman, Musician, Investor |
| Notable Works | Founder of Afrinero Music Band, Shareholder in Geregu Power Plc |
| Family Background | Son of Sir Michael Otedola and Lady Doja Otedola; Younger brother to Femi Otedola; Cousin to other prominent figures in Nigeria’s elite |
| Net Worth | Estimated at over N3.2 billion following recent investments |
| Children | Not publicly disclosed |
Early Life & Education of Olurotimi Otedola
Rotimi Otedola was born into the illustrious Otedola family, known for its wealth, influence, and contributions to Nigeria’s socio-economic development.
Growing up in Lagos, he was surrounded by affluence, but his family instilled in him the values of hard work, discipline, and responsibility.
His father, Sir Michael Otedola, played a significant role in shaping his perspective on leadership and business, having served as the Governor of Lagos State from 1992 to 1993.
Details about his formal education are scarce, as Rotimi has maintained a private lifestyle.
However, given his family’s emphasis on quality education, it is highly likely that he attended some of the best schools in Nigeria and possibly pursued further studies abroad, as many of his family members have.
Olurotimi Otedola Family Background
Rotimi Otedola hails from a lineage of prominent individuals. His father, Sir Michael Otedola, was not just a politician but also a businessman and philanthropist.
His mother, Lady Doja Otedola, has played a key role in managing the family’s legacy. His older brother, Femi Otedola, is a renowned billionaire, former chairman of Forte Oil, and the owner of major investments in the energy and power sector.
Apart from Femi, Rotimi has extended family members who are also notable figures.
His cousins include some of Nigeria’s most successful entrepreneurs and professionals, further solidifying the Otedola family’s presence in the country’s elite class.
Olurotimi Otedola Career
Rotimi Otedola is actively involved in both business and entertainment. As the founder of the Afrinero music band, he has expressed his passion for music and creativity.
While he has not reached mainstream fame in the entertainment industry, his work within the sector showcases his multifaceted talents.
On the business front, Rotimi has proven to be a shrewd investor. In February 2023, he acquired 3.7 million shares in Geregu Power Plc at an average price of N213.45 per share, making an investment of N789.8 million.
Two years later, in February 2025, he strategically sold 4 million shares at N1,150 per share, earning N4.6 billion.
This move resulted in a staggering profit of N3.2 billion, reinforcing his business acumen and ability to make high-stakes financial decisions.
Olurotimi Otedola Net Worth
Although Rotimi Otedola’s overall net worth is not publicly documented, his recent financial transactions indicate substantial wealth.
His profit from Geregu Power Plc alone stands at N3.2 billion, and he likely holds other undisclosed investments. Given his family’s financial background, it is expected that he has additional assets and revenue streams contributing to his wealth.
Olurotimi Otedola Latest News
In February 2025, Rotimi made headlines after selling his shares in Geregu Power Plc for a significant profit. This move highlighted his strategic investment approach and confidence in the company’s growth.
His financial success has sparked discussions about his potential future ventures in Nigeria’s power and energy sector.
Frequently Asked Questions
What is Olurotimi Otedola known for?
Rotimi Otedola is known for his dual career in business and entertainment. He is the founder of the Afrinero music band and has made strategic investments in Geregu Power Plc, where he recently earned billions from stock trading.
How is Olurotimi related to Femi Otedola?
He is the younger brother of Femi Otedola, a Nigerian billionaire and philanthropist. Both are sons of the late Sir Michael Otedola.
What was Olurotimi’s recent business move?
In February 2025, he sold 4 million shares in Geregu Power Plc at N1,150 per share, earning N4.6 billion and profiting N3.2 billion over two years.
Is Olurotimi involved in other businesses?
Though details are not public, it is highly likely that he has other investments, given his background and financial knowledge.
What is known about his personal life?
Olurotimi prefers a private lifestyle. His marital status and information about his children have not been publicly disclosed.
Rotimi Otedola continues to establish his name as a successful businessman and investor. While he may not be as publicly visible as his brother, his recent financial moves indicate that he is a rising force in Nigeria’s corporate world.
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