Top 10 Richest Lawyers in Nigeria & Net Worth (2024)

While people argue that legal practitioners in the country have poor earnings, this isn’t ethically true in Nigeria today. Definitely, there are a many wealthy lawyers that are making huge number of money consistently from their professional career. This might be surprising to you but these legal practitioners are seen as the best in the legal business.

lawyers in Nigeria

If you are looking for information on which lawyers are the richest in Nigeria, this article contains the most ideal information on who the top 10 richest lawyers in Nigeria are. Without much words, lets quickly take a gander at the current most richest legal practitioners in Nigeria and their net worth this 2024.

LIST OF TOP 10 RICHEST NIGERIAN LAWYERS & NET WORTH (2024)

Below is the detailed rundown of the top ten richest lawyers in the country:

ADEWALE TINUBU NET WORTH – $700 MILLION

Jubril Adewale Tinubu is currently Nigeria’s richest lawyer with an estimated net worth and total assets of $700 million. He started his career in 1992 as an expert in corporate and petroleum law tasks and furthermore as a lawyer.

The lawyer is the cousin to the well known former governor of Lagos State, Sen. Bola Ahmed Tinubu. With all these stats, Adewale Tinubu is currently the most richest legal practitioner in Nigeria this 2024.

AFE BABALOLA NET WORTH – $680 MILLION

Taking the second position among the most richest Nigerian lawyers is Afe Babalola SAN, OFR, CON. The senior advocate of Nigeria is ranked as the most influential legal practitioner in the country. He was born in 1929 in his hometown.

Mr. Aare Afe Babalola is the founder of Afe Babalola and Co (Emmanuel Chambers), which is one of the largest law chambers in the country. In any case, it is of note that, he is likewise the owner of the famous Afe Babalola University.

AfeBabalola has an estimated net worth of $680 million. Almost certainly, he is one of the top most extravagant legal practitioners in Nigeria today.

BABATUNDE FOLAWIYO NET WORTH – $650 MILLION

Babatunde Folawiyo is a successful lawyer and a businessman. He was called to the Bar of England and Wales in 1985, where he began his law practice in Nigeria with the firm Ogunsanya. However left law in 1989.

Babatunde Folawiyo fills in as Director of MTN Nigeria Ltd, Executive Director of Yinka Folawiyo Group of Companies. Tunde additionally established Folawiyo Energy Ltd, an auxiliary of the Yinka Folawiyo Group of Companies. Tunde was once a non-executive director of Access Bank plc from 11 March 2005 to March 29, 2014.

Babatunde Folawiyo’s estimated net worth is $650 million according to Forbes ratings.

JOHN OLATUNDE AYENI NET WORTH – $600 MILLION

Olatunde Ayeni is another wealthy Nigerian lawyer whose net worth is estimated at $600 million. He was born into the world on March 4, 1967. He had his secondary education at Baptist Secondary School, Iyah-Gbede in Ijumu, Kogi State between 1981–1985 followed by Kwara State Polytechnic, Ilorin, Kwara State. In the year 1987, he was admitted to study Law at Ahmadu Bello University, Zaria, Kaduna State. He graduated with distinction in 1990 and was called to Bar in 1991.

John OlatundeAyeni has an estimated net worth and total assets of $600 million. To be sure, he is one of the richest and most compelling legal practitioners in the country as of now.

ADEWUNMI OGUNSANYA NET WORTH – $260 MILLION

Adewunmi Ogunsanya is a successful legal expert and a businessman. He is a law graduate of University of Kent, Canterbury, United Kingdom, and was honoured with the renowned title of Senior Advocate of Nigeria (SAN) in 2016. A quick finance manager proficient, he is otherwise called non-executive director at Heritage Bank Plc.

He is one of the most richest SAN’s in Nigeria with about $260 million total assets as indicated by Heritage bank Nigeria. Presumably, he is one of the richest legal practitioners in the country.

WALE BABALAKIN – $250 MILLION

Wale Babalakin, born on March 1, 1960 in Ibadan, Oyo State. He was made a Senior Advocate of Nigeria (SAN) in 2002, While in 2007, he got a deliberated degree with the public honor of the Officer of the Federal Republic of Nigeria, OFR.

As indicated by reports, Babalakin’s estimated net worth is $250 million. For sure, his is certainly one of the richest Nigerian lawyers today.

JIMOH IBRAHIM NET WORTH – $200 MLLION

Jimoh Ibrahim is another rich Nigerian lawyer whose net worth is estimated at $200 million. Born March 24, 1947 in Ondo state, Nigeria, he studied both Law (LLB) and policy management (MPA) at Obafemi Awolowo University (OAU).  He later went to Harvard University, Cambridge, Graduating with a Master of Laws (LLM) and Masters In International Taxation degree.

Aside from legal practice, Jimoh Ibrahim is likewise into professional; oil and gas business, resorts, real estate, banking, land, insurance, airlines, distributing and ventures.  As indicated by Forbes, Jimoh Ibrahim has an estimated net worth of about $200 million. He is certainly one of the wealthiest legal practitioners in Nigeria.

WOLE OLANIPEKUN NET WORTH – $122 MILLION

Born on March 18, 1951, Wole Olanipekun is the previous President of the Nigerian Bar Association (NBA) in 2002 and the overseeing accomplice of Wole Olanipekun and Co, which is a firm he established.

Wole Olanipekun’s total assets is $122 million. He is to be sure perhaps the most extravagant lawyer in Nigeria as well. Anyways, he is deserving of the spot of one of the richest legal practitioners in the country today.

GBENGA OYEBODE NET WORTH – $120 MILLION

Born on March 30, 1959 at his hometown at Ado Ekiti, Gbenga Oyebode is the Co Founder of Aluko and Oyebode. The lawyer was the previous director of Access Bank PLC and the current executive of Okomu Oil and Crusade Insurance. He has practical experience in prompting significant organizations on issues identifying with oil and gas, power, foreign direct venture and avionics.

Gbenga Oyebode went to the Obafemi Awolowo University (OAU) where he graduated with a law degree. He has current net worth of $120 million. Oyebode was a leader of the Nigerian Bar Association(NBA) on Business law. All of these makes him one of the most extravagant legal practitioners in Nigeria.

FEMI FALANA NET WORTH -$80 MILLION

Femi Falana (SAN) is a popular human right activist and also a prolific lawyer. He is one of the richest legal practitioners in Nigeria, and was born on the twentieth of September, 1958. Interestingly, he is the father of the Popular Nigerian rapper and song writer Falz (Folarin Falana) and spouse to Nigerian women’s right activist Funmi Falana.

Femi Falana has an estimated net worth as $80 million. In general, the lawyer is obviously one of the richest lawyer in Nigeria and furthermore quite possibly the most well known legal practitioner in the country.

CONCLUSION

From this article, you have seen the richest lawyers in Nigeria. This write-up specifically listed the top ten of these legal practitioners and their net worth as at now. Though many would certainly make this list, but we choose to outline these ten so as to give you a view of the leading figure with respect to wealth.

Oluchi Chukwu

Oluchi is a seasoned Information blogger, content developer and the editor of Nigerian Queries. She is a tech enthusiast who loves reading, writing and research

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