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Femi Otedola’s net worth reached $1.8 billion on August 3, 2026, the highest figure Forbes has recorded for him since 2018First HoldCo Plc became the first banking group in Nigeria to cross a N6 trillion market capitalisation on the Nigerian ExchangeFirst HoldCo shares have gained nearly 185% since January 2026, with the stock up over 618% since Otedola became chairman
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Femi Otedola’s personal fortune has climbed back to its highest point in nearly a decade after First HoldCo Plc, the parent company of First Bank of Nigeria, broke through the N6 trillion market capitalisation barrier for the first time in Nigerian banking history.
Forbes’ real-time billionaire tracker put Otedola’s net worth at $1.8 billion as of Monday, August 3, 2026.
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