Folorunsho Alakija’s husband, Modupe Alakija is the chief executive officer of Famfa Oil. He is a billionaire and Lagos elite who has been in quite a number of Controversies in recent times.
He was reported to have divorced his wife, the richest woman in Nigeria, Folorunsho Alakija but none of both parties has come out to talk about it.
In this article, we will talk about his early life, career, marriage, family, achievements and many more. Do grab a seat and enjoy.
Early Life and Background
Modupe Alakija, Folorunsho Alakija’s husband was born on the 5th of May, 1949 in Nigeria and moved to the UK after his elementary education for advanced and higher studies.
Career, Achievements and Networth
Modupe Alakija finished from the Cambridge University, and was called to the British bar in 1970.
Modupe Alakija is a successful lawyer and businessman. He is the chairman of Famfa Oil Limited, the company that owns a stake in the lucrative Agbami oil field. He is also the executive vice chairman of Dayspring Property Development Company Limited, a real estate company
Modupe Alakija is also a philanthropist and a Christian leader. He supports his wife’s charitable activities through the Rose of Sharon Foundation, which helps widows and orphans. He and his wife founded the Rose of Sharon Glorious Ministry International, a Christian ministry that spreads the gospel. He is also a lover of art and culture and has a collection of paintings and sculptures.
Modupe Alakija has been recognized for his achievements and contributions to society. He has received several honorary degrees from universities in Nigeria and abroad.
He has also been awarded the Officer of the Order of the Niger (OON) by the Nigerian government and is regarded as one of the most influential and respected personalities in Nigeria.
He is worth over $1 billion USD.
Family Life and Marriage
Upon completion of his advanced studies, Modupe met his other half, Folorunsho who as at that time was a young Lawyer and Financial specialist. They got married in 1976 and the union is blessed with 4 kids.
Modupe Alakija is a devout Christian and supports his wife’s charitable activities through the Rose of Sharon Foundation. He is also a lover of art and culture and has a collection of paintings and sculptures.
Modupe Alakija’s wife is a popular household name in Nigeria and Africa as she graciously holds the No.1 richest woman spot in Nigeria.
She is a philanthropist, an evangelist and also a source of mentor and motivation to young Nigerians especially women.
Controversies and Divorce
It is no longer news that the chairman of Famfa Oil, and the richest woman in Nigeria are no longer an item.
According to a report by popular media, The Will, the couples were said to have been “patching things up” over the years due to their social status until they could no longer hold it.
Also recall that the business mogul was suspended in 2021 by the Ikoyi Club after he was alleged to have assaulted another member of the club.
Networth and Valuation
Modupe Alakija had always Maintained his elite status and is estimated to be worth over $1 billion USD.
Asides being the chairman and CEO of Famfa Oil, Alakija also sits atop a number of real estate companies amongst a few.
