Modupe Alakija is a secretive but significant figure in Nigeria. He is best known as the husband of Folorunsho Alakija, one of Nigeria’s richest businesswomen.
He plays an important role in their family and business life, though much about him stays out of the spotlight.
Early Life & Age
Modupe Alakija was born around February 1944.
He is now in his early 80s.
Very little public information exists about his childhood, education, or early career before marriage, as the focus in media is usually on his wife’s more public business role.
Marriage / Wife
He is married to Folorunsho Alakija, a leading Nigerian entrepreneur, fashion designer, oil magnate, and philanthropist.
The two got married in November 1976.
Children & Family
Modupe and Folorunsho Alakija have four sons together.
One of their sons is Folarin Alakija, who married an Iranian model, Nazanin Jafarian Ghaissarifar, in 2017.
The family lives in Lagos, Nigeria.
Net Worth
There is no firm public figure for Modupe Alakija’s personal net worth. Most reports focus on his wife’s wealth.
Folorunsho Alakija’s net worth has been estimated at around US$2.1 billion in some reports.
Because Modupe is involved in the family’s business interests (like Famfa Oil), it is likely he shares in high net worth, but actual numbers for him alone are not widely documented.
Role & Public Profile
Modupe Alakija keeps a relatively quiet life in public. He does not often appear in front-page interviews or media headlines.
He is chairman of Famfa Oil, the company founded by his wife.
His wife is much more public: she leads The Rose of Sharon Group (which includes fashion, oil, and printing businesses), and she is active in philanthropy.
Summary
Modupe Alakija is a key figure behind the scenes in one of Nigeria’s most influential business families.
While he does not seek the spotlight, his marriage to Folorunsho Alakija and his position in their family’s business make him an important part of their shared story.
Although many details of his personal life and wealth are private, what is clear is that he is part of a dynasty built on business, fashion, oil, and giving back.
Top FAQs
How old is Modupe Alakija?
He was born around February 1944, which puts him in his early 80s as of 2025.
Who is Modupe Alakija married to?
He is married to Folorunsho Alakija since November 1976.
How many children do they have?
They have four sons.
What is Modupe Alakija’s net worth?
There is no confirmed public figure for his own net worth. Most of the wealth reports relate to his wife, Folorunsho Alakija.
What does he do for a living?
He serves as chairman of Famfa Oil, a company founded by his wife. He is involved in their family business.
Where is Modupe Alakija from?
He is Nigerian, though details about his early life, family origin, or hometown are less well publicized in comparison to his wife.
