Fela Durotoye Biography & Net Worth (2024)
Fela Durotoye rings a bell in the ears of many. Just at the mention of his name, people immediately associate him with motivational speaking. He is the Famous Husband of Tara Fela Durotoye, a celebrity make-up artist and the woman behind House of Tara. The information contained in this post will tell you more about Fela and his net worth.
Fela Durotoye
Fela Durotoye Biography and Education
Born Oluwafeolami Durotoye on March 12, 1971 in Ibadan the Capital City of Oyo State, Nigeria to Sisi Addy and Bros Toks. Oluwafeolami means God has enlarged my territory.
From Ibadan, Fela Durotoye’s family moved to Ile-Ife, Osun State, Nigeria in 1972. It was at Ile-Ife, still in the South-Western part of Nigeria that Fela grew up. Ile-Ife prides itself as the cradle of the Yoruba race and it is a university town. His family lived on the campus staff quarters and Fela would be educated there.
At Ile-Ife, Fela had his primary and secondary education. He attended the Staff Children’s School between 1974 and 1981, and Moremi High School between 1981 and 1986.
After his primary and secondary education, Fela Durotoye proceeded to the Obafemi Awolowo University, Ile-Ife, where he bagged a Bachelor’s Degree in Computer Science with Economics. He later bagged a Masters degree in Business Administration (M.B.A) as well as a Master of Philosophy Degree (M.Phil) in Strategic Management.
Fela Durotoye also studied and graduated at the Kennedy School of Government at the world famous Harvard University, Boston (Massachusetts).
He also attended High impact Leadership for a better society Program at the world class Yale University, New Haven (Connecticut) and The Leadership Institute, Arlington (Virginia) all in the United States of America. Fela is also a certified leadership coach of the John Maxwell Team.
In 2015, Fela completed the Executive Seminar program on Strategy, Innovation & Governance with specific focus on Sustainability for NGOs and Corporate Organizations at the prestigious Lagos Business School (LBS), Pan-Atlantic University, Lekki, Lagos, Nigeria.
In 2015, Fela Durotoye completed the supernumerary police training program at the Nigerian Police Training College situated in Ikeja, the Lagos State Capital and received the Distinguished Student Award at his graduation and passing out parade.
Fela Durotoye Career
Fela currently lectures Ethical Leadership at Stanford University| Seed Program to CEO’s of businesses with operations across Africa.
His professional career began in 1992 as a Project Finance Analyst in Ventures and Trusts Limited. He would later join Phillips Consulting Limited (PCL) in 1998 where he did very well and rose to head the Customer Service Group.
As head of the Customer Service Group at Phillips Consulting, Fela designed and facilitated several customer service and personal mastery training programs and retreats.
Fela founded V.I.P CONSULTING Limited in 2000 and did not take long to gain reputation as one of the leading experts in the area of Customer Management and Workforce Activation in Nigeria.
In 2007, V.I.P Consulting was transformed to Visible Impact Limited. 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. 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. She is a beauty entrepreneur and the CEO of House of Tara International and together, they have three children, all boys: Mobolurin, Oluwademilade and Morolaoluwa.
Fela Durotoye Net Worth
As at the time of writing, the net worth of Fela Durotoye is currently unknown but it is believed that he’s very well to do, seeing that he has greatly risen to the top from humble beginnings.
