Rotimi Alakija is a Nigerian businessman, real estate investor, and part of one of Nigeria’s most prominent business families.
He is known as one of the sons of Folorunso Alakija, a leading entrepreneur in oil, fashion, and philanthropy.
Below is a look at what is known so far about Rotimi, his background, role, wealth, and family.
Early Life and Family
- Mother: Folorunso Alakija, born 15 July 1951, in Ikorodu, Lagos State. She is a businesswoman, fashion designer, philanthropist, and the executive vice chair of Famfa Oil.
- Father: Modupe Alakija, a lawyer and businessman.
- Siblings: Rotimi has three brothers — Folarin, Ladi, and Dele. All four sons are involved in family business ventures in various capacities.
Role & Career
- Rotimi is an Executive Director at Famfa Oil Limited. His work involves aspects of marketing, export, and sales of Agbami crude, part of the family oil interests.
- He is also known to be active in real estate investing.
Age / Birthdate
- The exact date of birth of Rotimi Alakija is not widely confirmed in public sources.
- However, his mother, Folorunso Alakija, was born on 15 July 1951, which gives context to his generation.
Net Worth
- There is no reliable or widely accepted public figure specifically for Rotimi Alakija’s net worth. Because his financial standing is tied to the family business (Famfa Oil, among others), estimations are often speculative.
- His mother’s net worth is estimated around US$1 billion by some sources.
- Rotimi likely holds a substantial stake in the family’s oil businesses via his executive role, and may have other income streams (real estate, investments), but a credible public number is not verifiable.
Famfa Oil: What It Is & Its Importance
- Famfa Oil Limited is a major Nigerian oil exploration and production company. It is part of the Rose of Sharon Group, which includes other businesses in printing, fashion, and real estate.
- It is well-known for its stake in the Agbami Oilfield, an offshore oil field that is one of Nigeria’s largest deepwater discoveries.
- As a part of the family business, Rotimi’s role helps in managing and growing Famfa Oil’s operations.
Mother: Folorunso Alakija — Biography Highlights
Since Rotimi is closely tied to his mother’s legacy, here are key things to know about Folorunso Alakija:
- She was born 15 July 1951, in Ikorodu, Lagos. Daughter of Chief L.A. Ogbara.
- She started her career working as a secretary, then moved into fashion (Supreme Stitches → Rose of Sharon House of Fashion), then went deeper into oil via Famfa Oil.
- Her wealth comes from diversified ventures: oil, real estate, and fashion. Forbes and other outlets list her among the richest women in Africa.
What We Don’t Know
- Rotimi Alakija’s precise date of birth, so his exact age is not clear from trustworthy public sources.
- His personal net worth separate from the family business.
- Exact educational background (which schools/universities) beyond what is known for his mother and siblings in business.
Conclusion
Rotimi Alakija is best understood in the context of his family legacy. Without publicly verifiable numbers, we know that he holds an executive position at Famfa Oil, invests in real estate, and benefits from the business empire his mother, Folorunso Alakija, built. For anyone tracking prominent Nigerian business families, he is a figure worth noting.
TOP FAQs & Answers
Here are some frequently asked questions about Rotimi Alakija and his family, with answers based on what is known:
| Question | Answer |
|---|---|
| Is Rotimi Alakija a son of Folorunso Alakija? | Yes. Rotimi Alakija is one of the four sons of Folorunso Alakija. |
| What is Rotimi Alakija’s role at Famfa Oil? | He is an Executive Director at Famfa Oil, involved in marketing, sales, and exports. |
| How old is Rotimi Alakija? | Public sources do not provide a confirmed date of birth for Rotimi, so his exact age is not reliably documented. |
| How much is Rotimi Alakija worth? | There is no credible public figure for his personal net worth. Estimates tend to include his share of family assets, but these are speculative. |
| What is Famfa Oil? | Famfa Oil is the oil company founded by Folorunso Alakija. It operates in oil exploration and production, including the Agbami oilfield, and is the family’s main oil business. |
| Who is Folorunso Alakija, his mother? | Folorunso Alakija is a Nigerian businesswoman, entrepreneur, former fashion designer, and philanthropist. She’s the executive vice chair of Famfa Oil and head of Rose of Sharon Group. She was born in 1951. |
