Fela Durotoye: Biography, Net Worth, Career & Presidential Ambition, Age, Wife
Fela Durotoye is one of Nigeria’s most recognisable figures in leadership development, business consulting, and modern political activism. Over the years, he has built a reputation as a transformational coach, public speaker, and entrepreneur. His presidential ambition in 2019 further cemented his place in Nigeria’s political conversation. This article explores his biography, age, career journey, net worth, family life, and legacy.
Biography
Early Life and Age
Adetokunbo Olufela Durotoye, popularly known as Fela Durotoye, was born on 12 May 1971 in Ibadan, Oyo State, Nigeria. As of 2025, he is 54 years old. His early childhood was shaped by an academic environment, as his parents worked within Nigeria’s university system.
Family Background and Education
Fela was raised in a scholarly family, his father, Layiwola Durotoye, and mother, Adeline, were both university professors. In 1972, his family moved to Ile-Ife where he grew up.
He attended:
- Staff Children’s School, University of Ife
- Moremi High School, Ile-Ife
He later earned a B.Sc. in Computer Science with Economics and an MBA from Obafemi Awolowo University. His commitment to leadership development led him to pursue further executive programs at leading institutions, including Harvard Kennedy School, Yale University, and The Leadership Institute in Virginia.
Personal Life
Fela Durotoye is married to Tara Fela-Durotoye, a celebrated beauty entrepreneur and founder of House of Tara International. Together they have three sons: Mobolurin, Demilade, and Morolaoluwa.
Career Overview
Corporate Beginnings
His professional journey began in 1992 as a financial analyst at Ventures & Trusts Ltd. By 1998, he had transitioned into a customer service management role at Phillips Consulting, helping companies improve their service culture.
Entrepreneurship and Leadership Development
In 2000, Fela founded V.I.P Consulting Ltd, which later transformed into Visible Impact, a company that focuses on leadership, human performance, and organisational culture. He also established The GEMSTONE Group, a leadership and nation-building organisation that has trained and inspired millions across Africa.
He is widely known for his motivational speaking, corporate coaching, and youth empowerment initiatives. One of his most notable projects is the “Mushin Makeover” a volunteer-driven initiative that transformed parts of the Mushin community in Lagos.
Political Career and Presidential Ambition
On 22 February 2018, Fela Durotoye announced his intention to run for the presidency of Nigeria. He contested under the Alliance for New Nigeria (ANN) and became the party’s official presidential candidate for the 2019 general elections.
In October 2023, he was appointed Senior Special Assistant to the President on National Values and Social Justice. His appointment highlighted his long-standing advocacy for national transformation and ethical leadership.
Controversies and Criticisms
While Fela Durotoye is generally well-regarded, his public career has not been without criticisms:
- Political Skepticism: Some critics questioned his viability as a presidential candidate, citing his lack of deep political structures compared with traditional political players.
- SSA Appointment Debate: His role as Senior Special Assistant sparked discussions about the relevance and impact of the position. Fela later clarified that he served in the role for six months and did so without a salary.
These debates did not significantly tarnish his public appeal but highlight the complexities of merging private-sector leadership with Nigerian politics.
Net Worth and Financial Overview
Although exact figures are not publicly verified, various assessments estimate Fela Durotoye’s net worth at around $700,000 to $800,000. His wealth comes from multiple sources, including:
- Corporate consulting
- Public speaking
- Leadership coaching
- Entrepreneurship
- Media appearances and training programs
His earnings from speaking engagements alone reportedly contribute significantly to his income.
Legacy and Significance
Fela Durotoye is regarded as one of the most influential leadership coaches in Nigeria. His work has helped shape corporate culture, inspire young professionals, and promote national development. His presidential run represents a new wave of youthful, visionary leadership in Nigeria’s political landscape.
His legacy is strongly tied to:
- Youth empowerment
- Leadership and personal development
- Corporate transformation
- Advocacy for ethical governance
- Nation-building through volunteerism
Whether in business or politics, Fela continues to influence conversations about transformation, values, and leadership in Nigeria.
Frequently Asked Questions (FAQs)
1. Who is Fela Durotoye?
He is a Nigerian leadership coach, business consultant, motivational speaker, and former presidential candidate.
2. How old is Fela Durotoye?
He was born on 12 May 1971 and is 54 years old as of 2025.
3. Who is Fela Durotoye’s wife?
His wife is Tara Fela-Durotoye, a pioneering beauty entrepreneur and founder of House of Tara International.
4. What is Fela Durotoye’s net worth?
His estimated net worth ranges between $700,000 and $800,000.
5. Did Fela Durotoye run for president?
Yes, he ran for the presidency in the 2019 Nigerian general elections under the Alliance for New Nigeria (ANN).
6. What companies has Fela Durotoye founded?
He founded Visible Impact, V.I.P Consulting, and The GEMSTONE Group.
7. Has Fela Durotoye held a political office?
Yes, he served as Senior Special Assistant to the President on National Values & Social Justice.
Disclaimer: This biography is compiled from publicly available information and is meant solely for informational purposes. While every effort has been made to ensure accuracy, certain details may vary or be open to interpretation.