Nigerian Billoniaire, Femi Otedola Loses 1.3billion in Value with His current Worth as $550m from $1.8billion

 

Nigerian billionaire businessman Femi Otedola is no longer a billionaire in dollars. 

 

According to Forbes, due to Forte Oil’s share price that plunged to a one-year low of N145 ($0.44) per share, down from an all-time high of N342 ($1.1), Otedola now worth $550million from $1.8billion in March this year .