A billionaire businessman, Femi Otedola, recently took to social media to express his excitement on his return to the Forbes African Billionaires list after a seven-year hiatus. Sharing a picture of the announcement on his Instagram page, he wrote, “Interesting”, and added smiley and dollar emojis.”The 61-year-old entrepreneur currently sits at number 20 on the list with a net worth of $1.1bn. According to Forbes, the wealth of the 2024 list of 20 billionaires rose to $82.4bn from last year’s $81.5bn, partly as a result of Otedola’s return. Before then, the last time the business mogul appeared on the Forbes Africa list was in 2017. This year, he took the 20th spot on the list.

Source: Forbes January 28, 2024 01:24 UTC