This archive report was first published on 20 July 2019.
Billionaire Femi Otedola's Family Vacation in Italy Sparks Luxury Debate ¶
On July 18, Nigerian billionaire Femi Otedola and his family embarked on a luxurious vacation to Monaco and Italy, leaving many in awe of their extravagant lifestyle.
According to social media posts, the Otedola family visited Monaco before flying to Italy for a brief hour-long trip, where they purchased ice cream.
Netizens took to social media to express their reactions to the family's display of wealth, with some praying for financial blessings and others making light of the situation.
One user questioned Femi Otedola about his frequent vacations, to which he responded by explaining his role as an entrepreneur and the importance of hiring a competent team to run his business affairs.
As an entrepreneur, my role is to ensure that I hire a competent team to run my business affairs without my physical presence and of course one that outlives me,' he said.
Mine is to nurture the team to maximize shareholder value,' he added.
Money is good,' another user chimed in, highlighting the allure of wealth.
Source: Tuko.co.ke, published on July 20, 2019.
