“People Think They’ll Take Their Money With Them When They Die” – Billionaire, Femi Otedola

Nigerian billionaire businessman, Femi Otedola has wondered why some people think they will take their money with them when they die.

News Agency of Nigeria (NAN) recalls that on November 10, 2019,  Femi Otedola donated the sum of N5 billion to his daughter’s DJ Cuppy Foundation at the Congress Hall of the Transcorp Hilton in Abuja, which is the first single largest donation to philanthropy in Nigeria.

Speaking to the media on why he made such a huge donation to the Cuppy Foundation, Femi Otedola said his action was because people don’t take their money with them when they die.

“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,” he said.

KanyiDaily recalls that Femi Otedola also offered a scholarship to a little girl who was filmed singing his daughter, DJ Cuppy’s new song, Gelato.

The little girl’s performance made a lasting impression on the oil magnate that he asked his daughter to search for the little girl, announcing that he will pay her school fees from now till university level.