Otedola Lavishes N2.2bn To Rent Yacht For His 60th Birthday

Otedola Lavishes N2.2bn To Rent Yacht For His 60th Birthday

Femi Otedola, a Nigerian billionaire and energy tycoon, has lavished €3 million (over N2.2 billion) to rent Aristotle Onassis Christina O super luxury yacht to mark his 60th birthday.

Otedola, celebrating his 60th birthday on Friday, November 4, 2022, hired the super yacht belonging to one of his childhood idols and the late Greek shipping magnate, Aristotle Onassis, who was one of the richest people in the world before passing away.

In a statement cited by BizWatch Nigeria, Otedola said disclosed that the Greek shipping magnate who owned the superyacht has been his role model since he was 13 years old, which is 47 years ago.

“As I mark my 60th birthday in the coming days, I am grateful to God for his continuous blessings and the wisdom he has continued to bestow upon me.

“The days leading up to this milestone have been marked by deep reflection, and I’m looking forward to sailing the CHRISTINA O with my family for the next three weeks,” the billionaire was quoted as saying.

What you should know about Christina O, the yacht Otedola hired

  • Christina O is a private motor yacht that once belonged to billionaire Greek shipowner Aristotle Onassis.
  • She is the 59th largest yacht worldwide as of 2022, measuring 99.13 metres long.
  • The boat initially served as a Canadian anti-submarine River-class frigate called HMCS Stormont, launched in 1943.
  • Onassis purchased the Stormont after the end of World War II, as it was one of the many surplus naval vessels.
  • Purchasing the ship at a scrap value of US$34,000, Onassis then spent an additional $4 million to convert the vessel into a luxurious superyacht named after his daughter Christina.
  • The yacht features large, ornate interiors and elaborate luxuries: such as a mosaic swimming pool that, once drained, can be raised to deck level to become a dance floor.
  • Architect Cäsar Pinnau remodelled the yacht, and the children’s dining room was designed and painted by the illustrator Ludwig Bemelmans.
  • Christina O has a main suite, eighteen-passenger staterooms, and numerous indoor and outdoor living areas, all connected by a spiral staircase.


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