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Friday 5 February 2016

The stupendous wealth of the Lagos born Otedola heiresses

Temi's is the youngest daughter of energy tycoon Femi Otedola - worth an estimated £650million. 
He was listed as the 16th richest man in Africa by Forbes in 2015, and in Nigeria, where money is measured in dollars, he's referred to as a billionaire - with a fortune of $1.57billion.


Style blogger and aspiring designer Temi Otedola, 19, is the daughter of one of Nigeria's richest men. Her favourite pastimes include visiting Paris and Milan fashion weeks and she's been lucky enough to have dinner with Valentino
Style blogger and aspiring designer Temi Otedola, 19, is the daughter of one of Nigeria's richest men. Her favourite pastimes include visiting Paris and Milan fashion weeks and she's been lucky enough to have dinner with Valentino
Temi and her mother Nana recently attended the opening night of the opera in Milan as guests of the design house Bottega Veneta
Temi and her mother Nana recently attended the opening night of the opera in Milan as guests of the design house Bottega Veneta
But Temi insists that despite her family's wealth, her father and mother Nana have never spoiled her or her brother Fewa and two older sisters Florence and Christine, and is determined to prove herself on her own merits.
'We were brought up knowing all the success and money my father has made is his and we have to work for ourselves,' Temi told FEMAIL. 'We've definitely had that instilled in us. 
'He might be bluffing but we certainly take him at face value. Anyway, we would not feel very good about ourselves just living off him.'
She picks up inspiration by travelling to Paris and Milan for fashion week, listing Balenciaga, Marni and Valentino as her preferred fashion shows, and shares photos of her adventures with her 13,500 Instagram followers.
'I tend to go out only about twice a month and Cirque and Libertine are my favourite bars in London. But I'd rather go to Paris for the weekend and go to a few shows.

Temi and her sister Florence (left) attended the King's School Canterbury where fees are £11,480 for boarders
On a trip to Rome for the Valentino Haute Couture show Temi was treated to a  private tour of the Vatican and met Valentino himself. She describes him as being 'extremely elegant' in his manner
On a trip to Rome for the Valentino Haute Couture show Temi was treated to a  private tour of the Vatican and met Valentino himself. She describes him as being 'extremely elegant' in his manner
Temi, who attended the £26,800 a year American School in St John's Wood London, has also managed to hone her fashion credentials with an internship at Oscar de la Renta on Mount Street in London
Temi, who attended the £26,800 a year American School in St John's Wood London, has also managed to hone her fashion credentials with an internship at Oscar de la Renta on Mount Street in London
'My favourite fashion moment was probably last summer when I attended the Valentino Haute Couture show in Rome for three days,' she recalled. 'My sister Florence and I were invited.
'It was an unforgettable trip including a private tour of the Vatican and meeting Mr Valentino himself at dinner the night before the Haute Couture show.
'It was a completely surreal moment because I've absolutely adored his line even before the creative directors Maria Chiuri and Pierpaolo Piccioli were at the helm. 
'We were just talking about the whole experience and the upcoming show and he struck me as being extremely elegant and kind in his manner. He was really, really lovely.'
Temi's father Femi Otedola may be a Nigerian billionaire, but is rarely extravagant, according to his daughter. He only learned to use an iPad a year ago and still uses an old pay-as-you-go-phone
Temi's father Femi Otedola may be a Nigerian billionaire, but is rarely extravagant, according to his daughter. He only learned to use an iPad a year ago and still uses an old pay-as-you-go-phone
Style blogger Temi says that her biggest indulgence is shoes and beauty products and counts her mother Nana as one of her biggest style inspirations 
Style blogger Temi says that her biggest indulgence is shoes and beauty products and counts her mother Nana as one of her biggest style inspirations 
Another social highlight of recent months was attending the opening night of the opera in Milan as a guest of Bottega Veneta.
'It was the first time I'd  been to the opera and it was incredible, really impressive,' Temi said.  
The teenager was invited with her mother Nana, who cuts an equally stylish figure. 
'I would almost say she's the reason I got into fashion,' Temi said. 'She's so eccentric and eclectic in her dress sense and she's even more daring than me.'
Temi's greatest extravagance is shoes, although not the Louboutins her sister Florence adores. She's a fan of boots, with one recent indulgence being a pair of £998 Chloé Susanna ankle boots.
Temi was born in London, but her family moved back to Nigeria shortly afterwards. Then, when she was seven, her mother sent Temi and her sister Florence to the King's School Canterbury where fees are £11,480 for boarders.
Nana Otdeola (right) now lives full time in Knightsbridge and while Temi has moved to private halls in Bloomsbury to be closer to campus, she returns to her mother's home every weekend 
Nana Otdeola (right) now lives full time in Knightsbridge and while Temi has moved to private halls in Bloomsbury to be closer to campus, she returns to her mother's home every weekend 
Femi lives in Lagos but comes to London regularly to see his family. The self-made business man is Africa's 16th richest according to Forbes 
Femi lives in Lagos but comes to London regularly to see his family. The self-made business man is Africa's 16th richest according to Forbes 
She went on to attended the £26,800 a year American School in St John's Wood London as she wanted to have an American college experience.  
Nana now lives full time in Knightsbridge and while Temi has moved to private halls in Bloomsbury to be closer to campus, she returns to her mother's home every weekend. Femi divides his time between Lagos and London, coming to the UK about once a month.
'He's very modest,' Temi explained. 'He's self made and he's always been very careful with money.
'He loves his yachts but that's his only indulgence. He still uses an old pay-as-you-go Nokia phone and he only recently learned how to use an iPad.'
One extravagance that Femi did allow for, however, was a lavish party for his youngest daughter's 18th birthday.
Temi is studying art history at University College London and hopes to progress her career in fashion. She says that the family name has helped, but is determined to make it on her own merits 
Temi is studying art history at University College London and hopes to progress her career in fashion. She says that the family name has helped, but is determined to make it on her own merits 
For her 18th birthday the teen celebrated with a Moulin Rouge themed party at One Mayfair, which was documented by society bible Tatler
For her 18th birthday the teen celebrated with a Moulin Rouge themed party at One Mayfair, which was documented by society bible Tatler
Temi is focused on her studies and style blog and prefers to go to Paris for fashion shows than to party in London, although her favourite bars when she does go out are Cirque and Libertine 
Temi is focused on her studies and style blog and prefers to go to Paris for fashion shows than to party in London, although her favourite bars when she does go out are Cirque and Libertine 
Temi hired One Mayfair and threw a Moulin Rouge-themed party for 180 guests, which was documented in the society bible Tatler.
'I thought it would be amazing to recreate 1830s Paris,' Temi recalled. 'I went to my Mum and Dad and said, "Please, please can I have a big party".
'They thought I was being a bit militant but I saw it as being the one big party of my life.' 
Temi's sister sister Florence, 23, known as DJ Cuppy performed a set - and she's no stranger to a lavish bash either.
The music lover who has DJ'd at Privé, Jalouse, District, Funky Buddha celebrated her graduation from King’s College, University of London with a degree in business and French, by throwing a party at the ballroom of the five star Mandarin Oriental hotel in Knightsbridge.
Florence Otedola AKA DJ Cuppy launches latest music release
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Florence Otedola, 23, is Temi's older sister and also loves a party. Known as DJ Cuppy she celebrated her graduation and the launch of her album House of Cuppy with a lavish bash
Florence Otedola, 23, is Temi's older sister and also loves a party. Known as DJ Cuppy she celebrated her graduation and the launch of her album House of Cuppy with a lavish bash
The French Revolution themed bash doubled as the UK launch of her compilation album, House of Cuppy.
Temi's sister dressed as the legendary French queen Marie Antoinette while guests were served a banquet by footmen in traditional 18th century costumes. 
'She was inspired by a recent trip to Versailles,' Temi explained. 
Afterwards, it was on to ski lodge themed Bodo's Schloss in Knightsbridge where Cuppy took to the decks. 
She's now in New York studying for a masters degree and interning at Jay Z's label Roc Nation, and is an ambassador for the Nigerian tourist board. Last year she landed a prestigious gig, DJing at the inauguration of Nigeria's President Muhammadu Buhari. 
Cuppy dressed as Marie Antoinette for the lavish bash in the ballroom of the five star Mandarin Oriental 
Guests were served by footmen in traditional 18th century garb
Cuppy dressed as Marie Antoinette (left) for the lavish bash in the ballroom of the five star Mandarin Oriental. Guests were served by footmen in traditional 18th century garb
Cuppy is now in New York completing her masters degree and interning at Jay Z's record label Roc Nation
Cuppy is now in New York completing her masters degree and interning at Jay Z's record label Roc Nation
She's had to face something of a backlash from commentators in the Nigerian media who've said she's managed to get where she is because of her father's name. 
'There has been negativity,' Temi admitted. 'There always will be. My sister was DJing before I got started with my blog so I was prepared for it.
'But it just gives me the passion that I have lots more to prove. People will say my blog is only a success because of who my father is, but there is weight behind it. If there's no substance the name would only get you so far.' 
Meanwhile, Temi said that nowadays she's so focused on her fashion blog and her studies that she doesn't have much time for partying.
'From a very young age I knew I wanted to work in the fashion or art industry,' she explained. 
Cuppy is an ambassador for the Nigerian tourist board and last year she landed a prestigious gig, DJing at the inauguration of the coutnry's President Muhammadu Buhari
Cuppy is an ambassador for the Nigerian tourist board and last year she landed a prestigious gig, DJing at the inauguration of the coutnry's President Muhammadu Buhari
Cuppy takes to the deck as a charity fundraiser at the Gladstone Gallery in New York 
Cuppy takes to the deck as a charity fundraiser at the Gladstone Gallery in New York 
'I grew up reading personal style blogs but could never fully relate to any of the bloggers, and thought there would be other Nigerians, and even Africans in general who felt the same.
'So I decided to start my own blog to bridge the gap between Western and Nigerian fashion and hopefully become a worldwide voice for Nigeria.'
Temi blogs about her favourite beauty products and outfits, with clothes from her favourite brands including Emilia Wickstead, a favourite of the Duchess of Cambridge, Rag & Bone and All Saints. 
She also likes to shop at boutiques such as One Vintage and Feathers near her family home in Knightsbridge where she returns every weekend, as well as Browns Focus, and Alara Lagos, which stocks brands such as Valentino, Dries Van Noten, Marni.
Balenciaga, Marni and Valentino are Temi's favourite runway shows at Milan and Paris fashion weeks
Balenciaga, Marni and Valentino are Temi's favourite runway shows at Milan and Paris fashion weeks
Temi has launched a new initiative called Afternoon Tea in Ankara to encourage emerging ethnic talent to get ahead in the fashion industry
Temi has launched a new initiative called Afternoon Tea in Ankara to encourage emerging ethnic talent to get ahead in the fashion industry
Temi has also managed to hone her fashion credentials with an internship at Oscar de la Renta on Mount Street two summers ago.
'It was an amazing experience being able to be so hands-on,' she said. 'I dealt with private shopping and bridal appointments, organised the boutique floor, and helped styling incoming collections.
'It was fascinating to see the ins and outs of their Mount Street flagship. I definitely plan to start doing more brand collaborations that could lead to capsule collections and ambassadorships.'
For now, however she's working on an new initiative called Afternoon Tea in Ankara to encourage emerging ethnic talent to get ahead in the fashion industry.


Read more: http://www.dailymail.

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