Billionaire businessman, Femi Otedola has bought three new Ferrari Portofino whips for his three daughters.

The cars which came in three different colours were for DJ Cuppy, Temi and Tolani Otedola.

The sisters took their social media handles to show off their new rides.

“Papa took us shopping and bought ONE of EACH!,” DJ Cuppy captioned her post.

Temi shared a video taken of the three cars on her Twitter handle and tagged her sisters.

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Delivery Day 🎁 @femiotedola

A post shared by Temiloluwa Otedola (@temiotedola) on

Some social media users were impressed with the billoniare who decided to shower some money on his kids.

Others also wondered when they will get to buy cars like a Ferrari.

Davido also promised to spoil his daughters with this kind of attention when they are older.