Top Ten Richest Politicians in Nigeria

If you ever wondered who is the richest politician in Nigeria, we are about to find out the answer to this question. In Nigeria, there are many top richest politicians. So, in this post, we will provide you with a list of the top richest politicians with their net worth. They probably the top richest politicians in Africa too. So, it will help you in knowing who is the richest politician in Nigeria. 


Top Ten Richest Senators In Nigeria

So, without wasting any time, let us look at our list of the top richest politicians. This list includes the Obasanjo net worth and Orji Uzor Kalu net worth and other Nigerian billionaires. Additionally, we are providing the valuable possessions of politicians in Nigeria. 

10. Rotimi Amaechi (Net Worth Of $780 Million)

If you live in Nigeria, it is almost impossible not to hear the name of this richest politician Rotimi Amaechi. And also, he is one of the most popular and top richest politicians in Nigeria.

He served as the governor of Rivers State of Nigeria from 2007 to 2015. Before he served as the Governor in Rivers State, he served as the speaker in the assembly of Rivers state House.

After his service tenure was over as a governor of Rivers state, he served as the minister of transport. The role of the minister of transport was during the Buhari APC government.

Additionally, when he was a governor, he also served as the president of the Governors Forum. After performing different roles at different times, he gained more fame, and currently, he is one of the influential politicians in the country. And if you are a politician in Nigeria influencing becomes easy. 

Cars And Net Worth Of Rotimi Amaechi

He is on our list of top rich politicians because he is the owner of an estimated wealth of $780 million. Consequently, he is the 10th richest politician.

He has many luxurious fleets of cars in his arsenal, including the super luxurious and rare Mercedes Maybach Vision 6, a Mercedes S550, one Mercedes Amg G63, one Land Rover Discovery, one Lexus LX 570 are the top cars.

One of the rumors is he owns one Brazilian Embraer Legacy private jet worth approximately N9 billion. However, he is not claiming to own this private jet.

9. Dino Melaye (Net Worth Of $800 Million)

Dino Melaye is another richest politician. He is a popular public figure and in the political history of Nigeria. Also, he is one of the entertaining politicians.

His birthplace is Kogi State. He served as a member and senator of the 8th National Assembly. He represented the Kogi West Senatorial district. Also, this service of Dino Melaye was sacked by the gubernatorial election tribunal in late August 2019. 

The life of this richest politician is a mixed bag with many good memories and several controversies. He is infamous for many political controversies and scandals.

Once, he threatened to beat up and impregnated Senator Oluremi Tinubu on the floor of the Senate. Both marriages ended with a divorce after the accusation from his wives regarding domestic abuse. 

Cars And Net Worth Of Dino Melaye

The net worth of Dino Melaye is $800 million, and he is the 8th richest politician in Nigeria. He is a car freak like many politicians in Nigeria.

Hence it is not hard to find his luxurious cars on display while traveling. He owns many luxurious cars, and one of the top attractions is Bugatti Veyron. It costs N616 million.

He also has three Roll Royces ( N318 million for 3), a Bentley Continental ( N71 million), a Lamborghini Huracan (N86.7 million), and many other super luxurious cars including Mercedes G55 Mansory and McLaren MP14.

8. Ahmadu Adamu Mu’Azu ( Net Worth $895 Million)

Ahmadu Adamu is another popular and rich senator of Nigeria. He served as the governor of Bauchi State and as the PDP chairman.

Adamu also worked as the property manager for the Bauchi State Investment and Property Development Company. Adamu is the number 8th richest politician of Nigeria. In April 2019, people witnessed his hidden cash in one of his mansions.

As a part of Buhari’s anti-corruption campaign, the EFCC raided his mansion in Ikoyi and found over $50 million cash hidden inside a fire-resistance cabinet. This cabinet was hidden behind the false walls.

However, he rejected all these claims and allegations. It is common to reject all these types of accusations by anyone, and you know how well a politician can reject the accusations and act normal. 

Cars And Net Worth Of Ahmadu Adamu

The estimated net worth of Ahmadu Adamu is $895 million. And he is the 8th richest politician. Like all other rich politicians and rich people, Adamu is also fond of owning luxurious cars.

His garage is full of supercars. He owns a Lexus LX570, a Toyota Sequoia, a Range Rover Discovery along other cars. The 8th richest politician of Nigeria enjoys his luxurious rides in one of these cars frequently.

7. Orji Uzor Kalu ( Net Worth Of $1.1 Billion) 

Many people want to know Orji Uzor Kalu’s net worth. And also many things about his life. He served as the governor of Abia State. This former governor of Abia state is one of the top richest politicians in Nigeria. Before his election, he was working as a chairman of Cooperative and Commerce Bank Limited.

He was also a member of PPA, PDP and worked as the Progressive Peoples Alliances Board of Trustees chairman.  Like many other politicians of Nigeria, this richest politician is also running several businesses.

He currently holds the chairmanship of SLOK Holding and the other two influential newspapers of Nigeria. They are the Daily Sun and the New Telegraph. He owns a good amount of stake in Enyimba FC of Aba. This is a successful club in CAF. This is the same club that became the first Nigerian club to win the honor of the flagship club competition. 

Uzor Kalu also owns many mansions across posh locations in Nigeria. And it is common for the richest politician. Camp Neya is one of the worth mentioning mansions located in Abia State. He also has a house in Maryland, USA. He also owns many land properties like the majority of politicians in Nigeria. 

Cars And Net Worth Of Uzor Kalu

The net worth of Uzor Kalu is $1.1 billion. So, he is the 7th richest politician. His lifestyle is luxurious, and in 2014, he acquired in 5th private jet.

It is Gulfstream G650 and it worth N11.5 billion. In 2018, many claim he bought his 7th private jet, N7-OUK. The person who owns private jets like tea shirts, bound to have luxurious cars in his garage. His exotic cars list includes a Range Rover, a Bentley, a Mercedes Benz C Class, a Mercedes Benz S550, etc.

6. Atiku Abubakar (Net Worth Of $1.4 Billion)

Atiku is another famous politician of Nigeria since he had served as the vice president of Nigeria from 1999 to 2007. The president of that time was Olusegun Obasanjo. Atiku has 4 wives and the father for 28 children. Atiku is the 6th richest politician who made his wealth in the comptroller general of the Nigerian Customs.

He served in this position for 20 years. While working here, he founded Nigeria Container Service (INTELS). It is a logistic company.

This company is infamous for the allegation of laundering over $100 million into the USA between 2000 to 2008. Besides, he also owns many businesses in different sectors. He owns the business of media, beverage, education, and many other fields. 

Cars And Net Worth Of Atiku Abubakar

Atiku has a net worth of 1.4 billion, and it is common to have several precious possessions with that much wealth. He is the 6th richest politician in Nigeria.

Atiku is one of the top richest politicians. He has also an Embraer Phenom 100, a private jet worth $4.1 million. Atiku owns a mansion worth $2.95 million near Potomac, Maryland, in the United States. He also owns many luxurious cars, including a Mercedes S550, a Range Rover, a Toyota Land Cruiser, a Lexus 570, and many more.

5. Rochas Okorocha (Net Worth Of $1.4 Billion) 

Rochas Okorocha is another famous figure in the Nigerian political field. He was the governor of Imo State. He served as a governor of this Southeastern state of Nigeria for 2 terms. Before he becomes a politician, he made a considerable amount of money as a businessman. His great contribution to the public is the Rochas Foundation. 

However, his life is also not free from the accusation, like all politicians in Nigeria. In June 2019, he and his family were accused of taking away the valuable wealth of Imo state. It claims that he took 67 government vehicles. But he describes this act as diversionary. 

Cars And Net Worth Of Rochas Okorocha

Okorocha was named the top richest politician of Nigeria in 2018 with a $1.4 billion net worth. He is one of the top richest politicians in Nigeria.

Okorocha is one of the top richest politicians and owns a luxurious garage, in that he kept a Mercedes Benz Klassen V220, a Rolls Royce Phantom, a Mercedes Benz AMG63, a Mercedes Benz S600, a Lexus LX 570, and many others.

He also said to own 3 private jets. But he rejects this claim and claims to own two jets. One of these jets, Learjet 45, is worth N700 million. This private jet was purchased before he became a governor. The other jet is cheaper, and it worth $45 million. 

4. Olusegun Obasanjo ( Net Worth $1.6 Billion)

Olusegun Obasanjo, aka OBJ, is one of the proud and richest senators in Nigeria. He is from Ogun State. He is a former Army General of the Nigerian Army.

Also served two terms as the nation’s Head for State. He served in the military between1976 -1979. After served as civilian president between 1999 – 2007.  He got married five times. His first wife is Esther Oluremi, and then Lynda was killed by armed men. Mojisola is his 3rd wife, and she is also no more.

Among his wives, the 4th one is very famous. She is Stella Obasanjo; she served as the first lady of Nigeria for a stint. Stella also dead in 2005 while undergoing her Abdominoplasty surgery. Currently, his wife is Mrs. Bola Obasanjo. Olusegun has 20 children. Having many children is common for many politicians in Nigeria. 

Cars And Net Worth Of Olusegun Obasanjo

Many people are curious to know Obasanjo’s net worth. His net worth is USD 1.6 billion. He owns Otta Farms. He is one of the top richest politicians.

His farm is the largest chicken farm in Western Africa. Additionally, he also owns about 6.5% of Nigeria’s oil production, distribution, and marketing business.

One can find many luxurious cars in his possession. It includes a Toyota Land Cruiser, a Mercedes Benz Sedan, a Toyota Highlander, and Lexus 570. Apart from cars, he also loves planes.

He owns a helicopter and a Bombardier Challenger jet. The combined worth of both is about USD 42 million. These are the proof of his love for planes and choppers. Many politicians in Nigeria are fond of private jets. 

3. Ifeanyi Ubah (Net Worth Of $1.7 Billion)

Ifeanyi Ubah is another common name people hear if it is related to the richest senators in Nigeria. He was born in 1971, on September 3rd. Ubah is one of the wealthiest men in Nigeria.

However, his wealth accumulation is not started after entering politics. So, he is a successful businessman who earns more wealth. Ubah has grown up in the suburb of Abuja. He is the eldest kid out of seven. And eventually, he had to leave school and become a trader.

By the age of 19, he becomes a millionaire. In 2014 he tried to test his luck in politics. In 2014, he contested for the position of governor in his state but lost it. After 5 years, he contested for a position in the Nigerian senate, and he won that. He represented Anambra South Senatorial District. 

Cars And Net Worth Of Ifeanyi Ubah

Ubah owns USD 1.7 billion of net worth. He owns a football club like a few other politicians in Nigeria. It is called Ifeanyi Ubah FC.

Ubah also holds the positions of president and board of directors of many companies in Nigeria. He owns a Rolls Royce, a Cadillac Escalade, a Toyota Highlander, a Land Rover, a Toyota Land Cruiser. He also owns a private jet, Embraer Legacy 600, and it worth $31 million.

2. Ibrahim Badamasi Babangida (Net Worth Of $5 Billion) 

IBB aka Ibrahim Badamasi Babangida was born on 17th of August 1941. His born place was Niger State. He is a well-known politician and a businessman. He also served the Nigerian Army as a president from 1985 to 1993.

This rich man is famous for the annulment of the 1993 general election. In this election, MKO Abiola was the supposed winner. 

He is alleged for making a lot of wealth during his tenure as a major general. And he denied this publicly. He owns 65% Fruitex International Limited. It is a London-based firm in London. And 24 % of Nigeria’s one of the largest telecom companies, Globacom. 

Cars and Net Worth of Ibrahim Badamasi Babangida

He is the 2nd richest businessman in Nigeria with a wealth of USD 5 billion. Probably his name is also included in the top richest politicians of Africa. Like all the famous politicians and rich people, he also has a great love for luxurious cars.

As a result, you can see a BMW 760LI ( worth N35.2 million), a Toyota Land Cruiser ( N 30.6 million), a Mercedes Benz S Class of 2015 ( N 33.7 million), and many other cars. And if you are the 2nd richest politician in Nigeria, it is common to own a Learjet 45 worth N594.7 million.

1. Chief Bola Ahmed Tinubu – Richest Politician in Nigeria

Chief Bola Ahmed Tinubu is the official richest politician in Nigeria. He is a well-known politician. Hence it is hard to find any Nigerian who doesn’t know who Chief Bola Ahmed is. He served as the All-Progressive Congress Party’s national leader and allegedly the largest oil-producing company in Nigeria, Oando Plc.

This company has a net revenue of about N449 million. Moreover, he is a very ambitious politician. He openly admits his goal of becoming the president of Nigeria in 2023. This is the goal for many politicians in Nigeria. Tinubu without becoming a president has so much wealth.

So imagine how much he can earn if he becomes the president of Nigeria. The life of the richest politician of Nigeria is not free from scandals.

However, the largest scandal includes a case where his consultant company is accused of money laundering of N100 billion. And tax evasion and fraud by its CEO. Additionally, Tinubu is also charged for white heroin trafficking between 1998 and 1993 in the US. 

Cars And Net Worth of Tinubu 

This richest politician is the number 1 richest politician with a net worth of USD 8.4 billion. His land properties are scattered all over Nigeria. Its estimated worth is N120 billion. 

Additionally, he has a G Wagon (N600 million), a Range Rover, 2 Mercedes Benz cars, a Lexus LX550. He also owns a private jet Bombardier Global Express (worth N60 million).

It is probably not only his private jet. Because being the richest politician, you have to own many private jets! With this much wealth, he is one of the top richest politicians in Africa also. So, many people say that this richest politician has properties in other countries of Africa.

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