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A Lot Of People Think When They Die, They Take Their Money With Them – Femi Otedola



When Nigerian businessman Femi Otedola bestowed N5 billion to his daughter Dj Cuppy’s Foundation, he left people stunned. Now answering questions on why gave out such a magnanimous amount of money, Otedola says that he won’t take his money along when he dies.

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On November 10, 2019, at the launch of the DJ Cuppy Foundation which took place at the Congress Hall of the Transcorp Hilton in Abuja, Femi Otedola contributed N5 billion, probably the single largest donation to philanthropy in Nigeria.

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On why he gave such an amount away, the oil magnate told news personnel; ” A lot of people think when they die, they take their money with them, we’ll see. In my journey of life, I have taken the risk, I’ve done the chase, I’ve enjoyed the thrill and I have achieved success and recognition. What next? You give it back.”