Otedola buys £53m London mansion

Nigerian businessman Femi Otedola has bought a 10-bedroom mansion in London for £53 million https://t.co/qJgcIkeIWb

— Bloomberg (@business) May 14, 2026

Nigerian businessman Femi Otedola has reportedly acquired a £53 million mansion in London’s upscale St John’s Wood district, expanding his international property holdings.

Nigerian businessman Femi Otedola has reportedly acquired a 10-bedroom mansion in London’s exclusive St John’s Wood district for £53 million, approximately $72 million.

According to Bloomberg, the luxury property, located near Regent’s Park, was purchased late last year, citing a United Kingdom filing published on May 14, 2026.

The acquisition further strengthens Otedola’s portfolio of international real estate investments and underscores sustained interest in prime London properties among high-net-worth individuals.

St John’s Wood remains one of London’s most sought-after neighbourhoods, attracting wealthy investors and global business figures because of its proximity to central London and high-end residential appeal.

Otedola, one of Nigeria’s prominent businessmen and investors, has interests spanning energy, finance and hospitality sectors. The latest purchase adds to his growing list of luxury assets outside Nigeria.