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9 of the World’s 11 Black Billionaires Are African. Here They Are | [3 out of the 11 are Women]

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Femi-Otedola

#10:. Femi Otedola, $1 billion Nigerian, Gas stations

Otedola, 50, got rich with power generation and gas station ownership. He’s controlling shareholder of Forte Oil, one of West Africa’s largest downstream oil companies, with a market capitalization of $1 billion.

The company manufactures its own line of engine oils, and owns fuel storage depots and gas stations. He’s new to the Forbes list this year.


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