40 Richest Men In Rivers State (2023)

Almost every local government area in Rivers State is home to billionaires and millionaires in the business world. Rivers State is an oil-rich region in the country’s south-south geopolitical zone, therefore this is a reality. The oil-rich state is important, and it is regarded as the country’s main state in the Niger Delta region.

The majority of Rivers state’s wealthiest people are proprietors of the country’s most prestigious businesses, corporations, hotels, and institutions. While some are politically connected, others have amassed riches via legitimate means, earning them a place on this post’s list of richest people in rivers state.

The following are the top 40 wealthiest men in Rivers state, as well as their estimated net worth.

Richest Men In Rivers State

1. Chief Dumo Lulu-Briggs (Net Worth $500 Million)

With a net worth of $500 million, Dumo Lulu-Briggs is now the richest man in Rivers state. He is the son of late high Chief OB Lulu-Briggs, a Nigerian millionaire who was also the richest businessman in Rivers state in his lifetime.

Briggs is a recognized person, a finance manager, technocrat, lawmaker, and grassroots mobilizer, in addition to his rich status. Dumo Briggs took over his father’s oil and gas company, which included an oil well after his father passed away. He is the director and CEO of the DLB Group, an oil and gas and maritime conglomerate.

2. Hebert Wigwe (Net Worth $300 Million)

With a net worth of $300 million, Herbert Wigwe is the second wealthiest person in Rivers state. This financially successful business mogul has firms worth millions of dollars and spans a wide range of lucrative industries. He is also the Chief Executive Officer of Access Bank Nigeria, a prominent business bank in Nigeria.

3. Nyesom Wike (Net Worth $200 Million)

Governor Nyesom Wike is a rich Nigerian governor from Rivers state who has made significant contributions to the state’s economic and political structures. Wike is a member of the People’s Democratic Party and one of Rivers state’s wealthiest lawmakers (PDP). He was a lawyer by profession and a former minister of education under former President Goodluck Azikwe Jonathan.

4. King Edward Asimini Pepple (Net Worth $190 Million)

This list of the richest people in Rivers state also includes the popular king Edward Pepple who is the current ruler of the oil-rich Bonny kingdom in Rivers state, and he controls a substantial amount of money. The traditional king has been one of the most lavish traditional rulers in the country in this respect.

The king is one of the wealthiest and most powerful monarchs in the oil-rich realm with this sum.

5. Tonye Cole (Net Worth $150 Million)

Tonye Cole is a well-known businessman and aspirant politician from Rivers State, Nigeria. One of Rivers state’s richest men is a past gubernatorial contender. He is also the CEO of Sahara Energy, and his companies and investments account for a large portion of his fortune. Cole is one of the wealthiest individuals in Rivers state in this regard.

Tonye Cole’s net worth is believed to be about $150 million, making him one of Rivers state’s wealthiest lawmakers.

6. Atedo Peterside (Net Worth $120 Million)

Mr. Atedo Peterside is a well-known Nigerian entrepreneur, financial expert, and stock trader. The enigma surrounding the millionaire is that not everyone in Nigeria is aware that Atedo Peterside is the founder and major stakeholder of Stanbic IBTC Nigeria.

With a net worth of $120 million, Atedo Peterside is one of the wealthiest persons in the oil-rich Rivers state.

7. Emmanuel Georgewill (Net Worth $100 Million)

Cortech Oil Services Nigeria’s CEO is Emmanuel Georgewill. In Rivers state, the successful businessman is revered and admired. He is also regarded as one of the state’s wealthiest businesspeople. He graduated from the University of Jos with a degree in mechanical and production engineering.

8. Tein George (Net Worth $95 Million)

Tein George is on the boards of directors of a number of notable firms, including Seametric Engineering, Daba, and the Orlando Foundation. He owns George’s Hotel in Ikoyi, Lagos, Nigeria, which is one of the most expensive inns in the country.

In general, the wealthy Rivers state local is well-endowed and recognized as one of the richest in the state. Nonetheless, Mr. George’s humility and simple lifestyle have resulted in him using fewer media spaces to publicize his fortune.

9. George Etomi (Net Worth $90 Million)

The businessman and entrepreneur from Rivers state is a well-known person in the state. Mr. George Etomi is the director of Eko Electricity Distribution Company and the proprietor of George Etomi and Partners, Ikoyi. All of these commitments have netted him a substantial sum of money.

10. Tein Jack Rich (Net Worth $90 Million)

Another wealthy resident of Rivers state is Jack Rich. The business magnate is the founder and CEO of Belemaoil, Nigeria’s major domestic oil exploration, and production company. The millionaire was raised in the heart of the Niger Delta, in an oil-producing area. In general, Jack Rich is a well-known Nigerian business magnate from Rivers state.

Other notable rich people in Rivers state include the following;

  • Friday Ahunanya
  • Joseph Ajienka
  • Henry Ajumogobia
  • Magnus Ngei Abe
  • Chibuike Rotimi Amaechi
  • Wilson Asinobi Ake
  • Diezani Alison-Madueke
  • Echendu Adiele
  • Ernest Afiesimama
  • Emmanuel C. Aguma
  • Godspower Ake
  • Judith Amaechi
  • John Azuta-Mbata
  • Ipalibo Banigo
  • Herbert Bankole-Bright
  • Ann-Kio Briggs
  • Nimi Briggs
  • Roseberry Briggs
  • Tonye Briggs-Oniyide
  • Martins Amaewhule
  • Benibo Anabraba
  • Betty Apiafi
  • Duncan Mighty
  • Innocent Barikor
  • Igoni Barrett
  • John Bazia
  • Bella Bell-Gam
  • Ngeri Benebo
  • Andre Blaze
  • Worgu Boms



As previously said, Rivers state’s billionaires include not just businessmen but also politicians. While they are sometimes referred to as the nation’s “treasure base” because of their abundant natural assets and riches, it is evident that these guys have what it takes to be on this list. The top ten richest men in Rivers state and their net worth were featured in this article.