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Top 10 Richest Men & Women In Ondo with their Net Worth

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Ondo State, located in southwestern Nigeria, is home to several wealthy individuals who have made significant contributions to the state’s economy. These individuals have amassed substantial fortunes through various industries such as business, politics, entertainment, and more. In this article, we will delve into the lives and net worth of some of the richest men and women in Ondo State, showcasing their achievements and the sources of their wealth.

Richest Men In Ondo And Their Net Worth

Richest Men In Ondo And Their Net Worth 

  • Jimoh Ibrahim – Net Worth: $1.1 billion
  • Oba Fredrick Obateru Akinruntan – Net Worth: $1.2 billion
  • Mo Abudu – Net Worth: $750 million
  • Olusegun Mimiko – Net Worth: $500 million
  • Omoyele Sowore – Net Worth: $10 million
  • Akpororo – Net Worth: $3.5 million
  • Wale – Net Worth: $6 million
  • Omotola Jalade Ekeinde – Net Worth: $3 million
  • Niniola Apata – Net Worth: $1.5 million

1.Jimoh Ibrahim (Net Worth: $1.1 billion)


Jimoh Ibrahim is a prominent figure in Ondo State and has made significant strides in the business world. He is the founder and chairman of Global Fleet Group, a conglomerate with interests in various sectors, including oil and gas, maritime, real estate, and hospitality. With a net worth of $1.1 billion, Jimoh Ibrahim’s wealth primarily stems from his diverse business ventures and investments. Read Richest Men In Niger State With Their Net Worth

2. Oba Fredrick Obateru Akinruntan (Net Worth: $1.2 billion)


Oba Fredrick Obateru Akinruntan is not only recognized as the traditional ruler of the Ugbo Kingdom but also stands as one of the wealthiest individuals in Ondo State. He is the founder and chairman of Obat Oil, a major player in the oil and gas industry in Nigeria. With a net worth of $1.2 billion, Oba Akinruntan’s wealth can be attributed to his successful ventures in the energy sector.

3. Mo Abudu (Net Worth: $750 million)


Mo Abudu is a renowned media mogul and entrepreneur who has played a pivotal role in transforming the entertainment industry in Nigeria. She is the founder of EbonyLife TV, a media platform known for producing high-quality content. Abudu’s net worth is estimated to be $750 million, with her wealth being derived from her media ventures, including film production, television shows, and digital media.

4. Olusegun Mimiko (Net Worth: $500 million)


Olusegun Mimiko is a prominent political figure in Ondo State. He served as the governor of the state for two terms, making remarkable strides in the areas of healthcare, education, and infrastructure development. Although his net worth is estimated to be $500 million, a significant portion of his wealth stems from his political career and subsequent business engagements.

5. Omoyele Sowore (Net Worth: $10 million)


Omoyele Sowore is a well-known Nigerian activist, journalist, and publisher. He gained widespread recognition as the founder of Sahara Reporters, an online news platform that focuses on investigative journalism. While his net worth is estimated to be $10 million, Sowore’s wealth primarily comes from his media ventures and activism.

6. Akpororo (Net Worth: $3.5 million)


Akpororo, whose real name is Jephthah Bowoto, is a popular Nigerian comedian and entertainer hailing from Ondo State. He has gained fame for his hilarious performances and has successfully hosted numerous comedy shows and events. With a net worth of $3.5 million, Akpororo’s wealth is a result of his successful career in comedy and entertainment.

7. Wale (Net Worth: $6 million)


Wale, born Olubowale Victor Akintimehin, is a Nigerian-American rapper who has achieved significant success in the music industry. With a net worth of $6 million, Wale’s wealth is primarily derived from his music sales, tours, endorsements, and collaborations with other renowned artists.

8. Omotola Jalade Ekeinde (Net Worth: $3 million)


Omotola Jalade Ekeinde, popularly known as Omosexy, is a highly acclaimed Nigerian actress, singer, and  philanthropist. With a net worth of $3 million, Omotola has established herself as one of the leading actresses in Nollywood, the Nigerian film industry. She is the founder of the Omotola Youth Empowerment Programme (OYEP), which focuses on empowering young people through education and skill acquisition. Read also Top 10 Richest Men In Nigeria

9. Niniola Apata (Net Worth: $1.5 million)


Niniola Apata, professionally known as Niniola, is a Nigerian singer and songwriter from Ondo State. She rose to prominence after finishing as the third runner-up in the sixth season of Project Fame West Africa. Niniola’s unique blend of Afro-house and Afro-pop music has garnered her a significant fan base both locally and internationally. With a net worth of $1.5 million, Niniola’s wealth primarily comes from her successful music career, album sales, and live performances.


The individuals mentioned above represent some of the wealthiest men and women in Ondo State, Nigeria. Their net worth reflects their exceptional achievements and contributions to their respective industries. From business tycoons like Jimoh Ibrahim and Oba Fredrick Obateru Akinruntan to influential figures like Mo Abudu and Olusegun Mimiko, each person has left a significant impact on the state’s economy and society as a whole.

Furthermore, the entertainment industry has also produced notable figures from Ondo State, such as Omoyele Sowore, Akpororo, Wale, Omotola Jalade Ekeinde, and Niniola Apata. Their talents, whether in comedy, music, or acting, have not only brought them wealth but have also showcased the cultural richness and creativity of the state.

As Ondo State continues to grow and develop, the contributions of these wealthy individuals play a crucial role in shaping the state’s economic landscape. Their entrepreneurial endeavors, investments, and philanthropic activities contribute to job creation, infrastructure development, and overall progress.

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Faith Oluwa

Faith is a content and creative writer with a passion for storytelling and a natural flair for compelling content who is bursting with talent and ready to make her mark in the world of writing. She has all the skills necessary to succeed in this competitive field.View Author posts