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Home Business & Brands

Billionare Femi Otedola Emerges 2019 African Person Of The Year

by editor
March 3, 2020
in Business & Brands
Reading Time: 1 min read
Otedola Acquires Substantial Stake In FBN Holdings
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Billionaire businessman and philanthropist, Femi Otedola, has been awarded as the 2019 African  Person Of The Year for philanthropy and charitable contributions to society.

His daughter, DJ Cuppy, received the award on behalf of her father from the President of the African Development Bank, Mr Akinwumi Adesina, at a gala held in Johannesburg, South Africa.

Sharing a photo of DJ Cuppy receiving the award, Otedola wrote on Instagram:

“It is an honour to receive the 2019 African person of the year award for philanthropy and charitable contributions to society. Yesterday night DJ CUPPY represented me in accepting this prestigious award from Mr Akinwumi Adesina , President African Development bank in Johannesburg, South Africa …F.Ote.”

https://www.instagram.com/p/B9RoWELHfNj/

Over the years Otedola has donated massive amounts of his wealth to charity. The billionaire made history in December 2019 when he donated N5 billion to charity, the highest donation made by an individual in Nigeria.

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