50 Richest Men In Ondo State (2023)

Forbes’ list of Nigerian billionaires includes the wealthiest people in Ondo state, who are successful entrepreneurs with a variety of businesses, as well as investments and assets that ensure their financial net worth continues to rise. These Ondo state billionaires’ money is not derived from oil and gas but from other profitable companies.

Ondo is one of Nigeria’s most lucrative states. Additionally, this state in the southwest produces the most cocoa in the country. All of these factors contribute to the state’s and its citizens’ prosperity. Ondo, the ‘sunshine state,’ is home to numerous wealthy individuals. I share the spotlight on the richest people in Ondo State.

Richest Men in Ondo State

1. Jimoh Ibrahim Net Worth $1 Billion

According to Forbes, Jimoh Ibrahim is the richest man in Ondo state with a net worth of $1 billion. His assets include an expensive vehicle collection, a variety of land holdings, and numerous other items. A native of his hometown, Jimoh Ibrahim was born on August 24, 1967.

The director and CEO of Global Fleet Group, a Nigerian corporation with branches and subsidiaries in surrounding West African countries, is Jimoh Ibrahim. He’s a Nigerian native from the state of Ondo (southwest Nigeria). At Obafemi Awolowo University in Ile Ife, Osun State, Ibrahim earned a law degree in 1997.

2. Oba Fredrick Obateru Akinruntan Net Worth $500 Million

Fredrick Akinruntan is also a billionaire and the second richest man in Ondo State. As one of the few monarchs to be mentioned in Forbes, he has a net worth of $500 million dollars. His Rolls-Royce is reported to be one that the Queen of England drove (2012 model). His other notable accomplishments include founding Obat Oil, a leading oil and gas corporation with over 50 gasoline stations spread across the country.

Olugbo of Ugbo kingdom Oba Obateru Akinruntan is also the richest traditional monarch in Yoruba territory To achieve this feat, he overcame the likes of the Ooni of Ife and the Alaafin of Oyo. In Africa, only King Mohammed VI of Morocco surpassed him in terms of power and influence.

3. Mo Abudu Net Worth – $100 Million

Mosunmola Abudu, who has a net worth of $100 million, is Ondo’s richest lady. She is best known as Mo Abudu and is a well-known actress and businesswoman in Nigeria. Media entrepreneur, philanthropist, and former human resources management consultant, she was born in London on the 11th of September 1964. She has a wide range of hobbies, including electronic broadcasting, filmmaking, and content creation.

“The Hollywood Reporter” rated her as one of the “25 Most Powerful Women in Global Television” by Forbes. Originally from Nigeria, Abudu was born in Hammersmith, West London to a Nigerian mother and a British father. It was in the United Kingdom where she spent her first years of life. She attended Ridgeway School, MidKent College, and West Kent College, among other institutions. Her degree in Human Resource Management was earned at the University of Westminster in London, where she also studied for two years. According to an online study, Mo Abudu’s net worth is estimated at $100 million.

5. Olusegun Mimiko Net Worth – $60 Million

Ondo State’s previous chief executive officer, Olusegun Mimiko, is another affluent individual. The political figure, born on October 3, 1954, Zenith Labor Party candidate for Ondo Central District in the 2019 elections. From August 2009 to August 2017, he served as Ondo State’s 16th and 5th non-military governors. He was also the first governor of Ondo state to serve two terms.

Mimiko was raised in the town of Ondo, which is located in the Ondo state of Nigeria. A young man’s interest in government issues began to grow as he grew older. A student leader at the University of Ife (now Obafemi Awolowo University), he began his political career in medical school. It has been projected that Mimiko’s net worth is $60 million dollars.

6. Omoyele Sowore Net Worth – $20 Million

Eminent human rights activist Omoyele Sowore is also an outspoken pro-democracy campaigner and ex-presidential hopeful. As a native of the Ondo State, he was born on the 16th of August 1971. He is also the owner of Sahara Reporters, a news website. As of this year, the estimated value of the online news website is $10 million. Sowore, the owner, is a wealthy man with a wife and children.

7. Akpororo Net Worth – $9 Million

The net worth of Bowoto Jephthah Oluwatiseyifumi Tanimola, one of Ondo’s richest men, is $9 million making him one of the richest men in Ondo State. Akpororo was born on October 3, 1989. He is a comedian, performer, and entertainer by profession. Akpororo is a native of Ilaje, Ondo State, according to his biographical information.

A native of the adjacent state of Delta, he was raised and educated primarily in the city of Warri. He began his career as a gospel singer in his local area. He is a Sociology graduate of Lagos State University. When it comes to his residence, as well as in Lagos, Akopororo owns fancy automobiles and homes.

8. Olubowale Victor Akintimehin Net Worth – $9 Million

Olubowale Victor Akintimehin, better known as Wale, is an international rapper. The Ondo native was born on September 21, 1984. His song “Burrow Dug (Shake It)” made him famous in his hometown in 2006.

As it turned out, the internationally recognized musician continued to record music for local audiences. On top of all that, Wale has a net worth estimated at $9 million.

9. Omotola Jalade Ekeinde Net Worth – $5 Million

Omotola Jalade Ekeinde is one of the popular Nigerian actresses. A former model from Ondo state, she is a performer, singer, altruist, and activist. A Time magazine list of the 100 most influential people in the world included her in 1995 when she made her Nollywood debut. Michelle Obama, Beyoncé, and Kate Middleton were also included on the list of honorees for the event.

Omotola, a native of Ondo State, was born in Lagos State and raised there. Nigerian government awarded her the MFR title in 2014 for her contributions to Nigeria’s film industry and for her commitment to the country’s film industry.

10. Niniola Apata Net Worth – $3.7 Million

She was born on December 15, 1986, and is a brilliant afrobeat vocalist, guitarist, and entertainer. While Ondo State is her native place of birth, she was raised in Lagos State. She is originally from Ekiti state in Nigeria. In addition to Apata Memorial Secondary School, the young singer had her primary and secondary education at the school. As a biology teacher, Niniola graduated with honors from the University of Lagos, where she studied biology. Since 2014, she has been performing professionally, and she is now contracted to Drumroll Records.

Other Wealthiest People in Ondo State includes the following;

  • Yemi Blaq
  • Chinwe Chukwuogo-Roy
  • Robert Ajayi Boroffice
  • Sunday Ehindero
  • Olu Maintain
  • Akintola Deko
  • Iretiola Doyle
  • Hosea Ehinlanwo
  • Sunday Ehindero
  • Moses Orimolade Tunolase
  • Micheal Oladimeji Faborede
  • Isaac Fadoyebo
  • Henry Fajemirokun
  • Gilbert Oluwatosin Jesse
  • Peter Ayodele Curtis Joseph
  • Omololu Meroyi
  • Mz Kiss
  • Raphael Nomiye
  • Joshua Obademi
  • Oba John Feyisara Odimayo
  • Adekola Ogunoye II
  • Ojugbelu Arere
  • Ali Olanusi
  • Sophie Oluwole
  • Ekundayo Opaleye
  • Yemisi Akinbobola
  • Segun Abraham
  • Ladipo Adamolekun
  • Tolu Olukayode Odugbemi
  • Olukoya Ogen
  • Gbenga Ogunniya
  • Roseline Osipitan
  • Michael Bamidele Otiko
  • Lateef Raji
  • Deola Sagoe
  • Oladele Awobuluyi
  • Adekunle Ayeni
  • Akinyelure Patrick Ayo
  • Joseph Oladele Sanusi
  • Micheal Ade-Ojo
  • Tayo Adenaike
  • Adebiyi Adegboye Adesida Afunbiowo II
  • Ilesanmi Adesida
  • Samuel Adesina
  • Igbekele Amos Ajibefun
  • Jumoke Akindele
  • Fredrick Obateru Akinruntan
  • Folayegbe Akintunde-Ighodalo
  • Janet Febisola Adeyemi
  • Akintunde Aduwo
  • Olu Agunloye
  • Isaac Rotimi Ajayi
  • Ambrose Folorunsho Alli
  • Betty Anyanwu-Akeredolu
  • Samuel Asabia
  • Bamidele Aturu



The 10 richest men in Ondo state and their net worth are listed here. Additionally, we mentioned their net worth in order to demonstrate their prosperity.