Biography fela durotoye nigerian
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What is Fela Durotoye’s net worth?
His estimated net worth ranges between $700,000 and $800,000.
5. This article explores his biography, age, career journey, net worth, family life, and legacy.Biography
Early Life and Age
Adetokunbo Olufela Durotoye, popularly known as Fela Durotoye, was born on 12 May 1971 in Ibadan, Oyo State, Nigeria.
He is also a board member of several companies in our dear country, Nigeria.
Fela is presently the chairman of the boards of Directors of some of Nigeria’s leading companies which include House Of Tara International, a leading beauty company in Nigeria with over 4,000 beauty representatives, 22 beauty studios &and 12 make-up schools; Homebase Mortgage Bank Limited, a foremost mortgage institution led by Mr.
Femi Johnson who is also the president of the Mortgage Bankers Association of Nigeria; I-ASPIRE Media, Operators of Nigeria’s premier inspiration and leadership radio, and ORBRA ICT, manufacturers of cutting edge smartphones, tablets, smart devices and accessories.
Fela is also on the advisory board of Nigeria Canada Forum (NCF) based in Regina Canada.
Fela Durotoye Personal Life
Fela is married to Tara, one of Nigeria’s celebrated make-up artists.
His appointment highlighted his long-standing advocacy for national transformation and ethical leadership.
Controversies and Criticisms
While Fela Durotoye is generally well-regarded, his public career has not been without criticisms:
- Political Skepticism: Some critics questioned his viability as a presidential candidate, citing his lack of deep political structures compared with traditional political players.
- SSA Appointment Debate: His role as Senior Special Assistant sparked discussions about the relevance and impact of the position.
His academic background laid a strong foundation for his future career in business strategy and leadership coaching.
Career Beginnings
After completing his studies, Fela Durotoye started his career as a management consultant.
Although he did not win the election, his participation inspired many young Nigerians to take an active role in politics and governance.
Books and Publications
As an author, Fela Durotoye has written several books on leadership, business strategy, and personal success. His vision for a New Nigeria and his dedication to leadership development remain at the core of his work.
His wealth comes from multiple sources, including:
- Corporate consulting
- Public speaking
- Leadership coaching
- Entrepreneurship
- Media appearances and training programs
His earnings from speaking engagements alone reportedly contribute significantly to his income.
Legacy and Significance
Fela Durotoye is regarded as one of the most influential leadership coaches in Nigeria.
One of his most notable projects is the “Mushin Makeover” a volunteer-driven initiative that transformed parts of the Mushin community in Lagos.
Political Career and Presidential Ambition
On 22 February 2018, Fela Durotoye announced his intention to run for the presidency of Nigeria.
Fela later clarified that he served in the role for six months and did so without a salary.
These debates did not significantly tarnish his public appeal but highlight the complexities of merging private-sector leadership with Nigerian politics.
Net Worth and Financial Overview
Although exact figures are not publicly verified, various assessments estimate Fela Durotoye’s net worth at around $700,000 to $800,000.
This successfully turned what used to be a management consulting firm into a social enterprise.
This transformation or re-branding of the company added to its existing Consulting group, four other divisional groups comprising the Project Management group, the Multimedia group as well as the Investment Management and Foundation groups to the new Visible Impact corporate structure.
Fela Durotoye is now a sought-after Business Strategist and has over a decade hands-on industry experience in the facilitation of Management Retreats across financial banking system, multinational & indigenous firms.
He has a unique command of inspirational leadership that enables even the most successful executives aspire to greater things beyond their perceived boundaries of possibilities.
Fela’s clients in the Banking & Investment sector include Access Bank, GTBank, First Bank, Zenith Bank, First City Monument Bank, Diamond Bank, Fidelity Bank, United Bank for Africa, Skye Bank, Stanbic IBTC Bank and Standard Chartered Bank, ARM Investment Management, Vetiva Asset and Management Ltd, Cordros Capital.
His clients in the Oil and Gas sector include Shell Petroleum Development Corporation, Oando, Total, Addaxx Petroleum, Masters Energy, Bell Oil and Gas and Nigerian Liquefied Natural Gas Company NLNG.
In the telecommunications sector, his clients include Airtel, MTN, Etisalat and Multichoice Nigeria.
In the Manufacturing and FMCG space, his clients include, Peugeot Automobiles, Printserve, Lafarge, Procter and Gamble, Unilever, Nestle, Sanofi Aventis and Pfizer.
In the multilateral and public sectors, his clients include Eko Electricity Development Company (EKEDC), Benin Electricity Development Company (BEDC), African Finance Corporation, The European Union (EU Nigeria office), The Economic Community of West African States(ECOWAS) as well as the state governments of Lagos, Oyo, Kwara, Abia, Anambra, Bayelsa, Rivers, Ondo and Ekiti.
Together they have three sons: Mobolurin, Demilade, and Morolaoluwa.
Career Overview
Corporate Beginnings
His professional journey began in 1992 as a financial analyst at Ventures & Trusts Ltd. By 1998, he had transitioned into a customer service management role at Phillips Consulting, helping companies improve their service culture.
Entrepreneurship and Leadership Development
In 2000, Fela founded V.I.P Consulting Ltd, which later transformed into Visible Impact, a company that focuses on leadership, human performance, and organisational culture.
Has Fela Durotoye held a political office?
His academic background laid a strong foundation for his future career in business strategy and leadership coaching.
Career Beginnings
After completing his studies, Fela Durotoye started his career as a management consultant.
Although he did not win the election, his participation inspired many young Nigerians to take an active role in politics and governance.
Books and Publications
As an author, Fela Durotoye has written several books on leadership, business strategy, and personal success. His vision for a New Nigeria and his dedication to leadership development remain at the core of his work.
His wealth comes from multiple sources, including:
- Corporate consulting
- Public speaking
- Leadership coaching
- Entrepreneurship
- Media appearances and training programs
His earnings from speaking engagements alone reportedly contribute significantly to his income.
Legacy and Significance
Fela Durotoye is regarded as one of the most influential leadership coaches in Nigeria.
One of his most notable projects is the “Mushin Makeover” a volunteer-driven initiative that transformed parts of the Mushin community in Lagos.
Political Career and Presidential Ambition
On 22 February 2018, Fela Durotoye announced his intention to run for the presidency of Nigeria.
Fela later clarified that he served in the role for six months and did so without a salary.
Yes, he served as Senior Special Assistant to the President on National Values & Social Justice.
Disclaimer: This biography is compiled from publicly available information and is meant solely for informational purposes.
He holds a Bachelor’s degree in Computer Science with Economics and an MBA from Obafemi Awolowo University, as well as executive education credentials from Harvard Kennedy School, Yale University, and Lagos Business School.
Career
Durotoye started his career in 1992 as a financial analyst with Ventures & Trusts Limited and later managed customer service at Phillips Consulting Limited in 1998.
It was at Ile-Ife, still in the South-Western part of Nigeria that Fela grew up. This estimate reflects his extensive career in business consulting, leadership coaching, motivational speaking, and his involvement in politics and social initiatives.
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Awards and Recognitions
- Member of the Forbes Coaches Council
- Presidential candidate for the Alliance for New Nigeria in 2019
- Senior Special Assistant to the President on National Values and Social Justice in 2023
Tags:BiographyFela Durotoyeleadership coachMotivational speakerNet WorthNigerian business consultantPoliticianTara Fela-Durotoye
Fela Durotoye: Biography, Net Worth, Career & Presidential Ambition, Age, Wife
Fela Durotoye is one of Nigeria’s most recognisable figures in leadership development, business consulting, and modern political activism.
Who is Fela Durotoye’s wife?
His wife is Tara Fela-Durotoye, a pioneering beauty entrepreneur and founder of House of Tara International.