Otedola is married to Nana Otedola and has three daughters – Christine Olawunmi, Florence Ifeoluwa and Elizabeth Temi—and a son, Fewa. Florence Otedola, aka DJ Cuppy, is a DJ and music Producer, as well as a tourism ambassador for Nigeria. Her younger sister, Temi, is a style Blogger and aspiring designer. Otedola has homes in Lagos, Abuja, Dubai, London and New York City.