Meaning of Ifáfọlábí
One born in a wealthy manner, place or time though Ifá.
Ọlá is also representative of more than just financial wealth. It can mean "success", or "notability" or even "nobility". See: http://blog.yorubaname.com/2016/12/12/ola-isnt-always-wealth/
Glossifá - Ifá divination
fi - use
ọlá - nobility, notability, success, wealth
bí - give birth to