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Femi Otedola Spends $15 Million on Daughter’s Weddings—A Historic First for Africa

Nigerian billionaire Femi Otedola celebrated his daughter Temi’s marriage to Afrobeats star Mr Eazi with a triumvirate of lavish ceremonies across Monaco, Dubai, and Iceland, carrying a combined price tag of $15 million—making it the most expensive wedding ever hosted in African history.

The celebrations began with an intimate civil ceremony in Monaco, followed by a traditional Yoruba engagement in Dubai, and concluded with a cinematic church ceremony and reception in Iceland. The events drew Africa’s business elite and global celebrities to the Otedola family’s wedding extravaganza.

Love, legacy, and African elegance

The three-part celebration did more than outshine previous headline-grabbing nuptials. It set a fresh benchmark for how Africa’s wealthiest families and cultural figures commemorate love, blending intimacy, tradition, and global glamour in a way that reflected the continent’s changing social fabric. The Otedola–Eazi wedding not only tripled the $5-million festivities of Folorunso Alakija’s son but also surpassed the $3.5-million nuptials of Afrobeats megastar Davido earlier this year. For Otedola, whose $1.5 billion fortune has made him a prominent force in Nigeria’s financial markets, the grandeur was about more than scale — it was about meaning.

The story began on May 9, 2025, in Monaco, where Temi and Eazi exchanged vows at the Marie de Monaco town hall in Monte Carlo. The date was carefully chosen to honor what would have been Eazi’s late mother’s 61st birthday, giving the civil ceremony a deeply personal layer. It was attended by only four people: the couple, Temi’s assistant, and one of Eazi’s closest friends. Temi, known for her understated elegance, wore a simple white Wiederhoeft suit with light L’Oréal makeup, while Eazi chose a regal-inspired Louis Vuitton suit. Afterward, the newlyweds dined quietly at the Hôtel de Paris, staying in a suite overlooking the Monte Carlo Casino—a gentle prologue to what would soon unfold on a far grander scale.

 

(BILLIONAIRES AFRICA with ANN)

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