Top 10 Richest Men in Abia State & Net Worth (2024)

Last updated on August 4th, 2023 at 08:19 pm

Some of the richest Igbo men in Nigeria today are from Abia state. This Igbo speaking state has some billionaire business men who have either made money from politics, investments in various businesses or both combined. When you compare the net worth of these Abia state richest men with that of other eastern states, the difference is clear as the financial prowess of these men speak for them. Unfortunately, Abia state is currently ranked among the dirtiest states in Nigeria with lack of development affecting key areas in the state.

Richest Man In Abia State

Richest Man In Abia State

Located in the south eastern part of Nigeria, Abia is one of the commercial states in the country.  The state’s major industrial area is Aba, a city which lies on the railroad north from Port Harcourt. Aba is known to fabricate materials, footwears, plastics, concrete and beauty care products. Umuahia, the state capital, has some significant production plants which contribute to the wealth and revenue of the state. In the course of this article, we will look at the top ten richest men in Abia state this 2024.

List of Top 10 Richest Men in Abia State & Net Worth (2024)

Here are the richest individuals and businessmen from Abia state this 2024:

Senator Orji Uzor Kalu Net Worth – $600 Million

Without doubt, Orji Uzor Kalu is the richest man in Abia state with a net worth $600 million according to Forbes. He is the founder of Slok Holding, a conglomerate in West Africa that has interests in banking, shipping, oil trading, mass media and manufacturing. He began his business when he was just 19 years and has since built a billion dollar enterprise till date. While it was said that he borrowed $35 from his mum to start up trading, much of his wealth was said to have come from politics.

Orji Uzor Kalu was a two term former governor of Abia state and during his time as the state’s political head, the state suffered much in terms of development. That aside, he is a man who has an eye for business. He has traded with various products like rice, sugar and palm oil. He further diversified into the transportation and manufacturing sector.

Orji Uzor Kalu hit his first million Naira at age 20, but experienced a rise in wealth in the 1980’s when the Nigerian military was in power. He owns The Sun Newspaper, News Telegraph and a host of other companies and assets. Forbes’ estimated Orji Uzor Kalu’s net worth to be around $600 million this 2024. He is actively involved in politics and is a serving senator.

Dr. Alex Otti Net Worth – $500 Million

Alex Otti is the second richest person in Abia state with an estimated net worth of $500 million. Born March 18, 1965, Otti is politician, an economist, writer, banker, philanthropist and an investor. He is a popular figure in Abia state and has served as its governor under APGA political party. He was already a wealthy business man before he ventured into politics and was the former Group Managing Director and CEO of Diamond Bank PLC (now Access Bank). Currently,  Dr. Alex Otti writes for one of Nigeria’s most trusted newspapers, Thisday.

Alex Otti has investments in various places and structures in various states. This wealthy man from Abia state has provided scholarship for many and has his mansion located at Isiala Ngwa which costs millions of Naira to build. He also has a fleet of cars at his garage to show his wealth as one of Abia state’s richest men.

Chukwuemeka Ngozichineke Wogu Net Worth – $350 Million

Chukwuemeka Ngozichineke Wogu is another wealthy man from Abia state with a net worth estimated at $350 million. Born March 29, 1965, Wogu was appointed as a Nigerian Federal Minister of Labour & Productivity during the president Goodluck Jonathan era. He is among the most influential politicians in Abia, having a successful career in politics till date.

In fact, Wogu was former vice-chairman of Aba South local government area before he became its chairman in 1993.  He won the election as the honorable to represent his constituency at the Federal House of Representatives in 1998.

While much isn’t known about Wogu’s businesses, we know he is wealthy and has investments and assets to his name. He also holds a few conventional titles including Omezuru of Ohazie, Kpakpandu of Aba, Nwadiala of Aba and Amulutto of Oshogbo.

Okezie Victor Ikpeazu Net Worth – $300 Million

Okezie Ikpeazu is a rich politician and current Governor of Abia state. Ikpeazu assumed office on March 29, 2015 and was re-elected in 2019. While much isn’t found online about his assets, houses or cars, the state’s chief executive is also one of the richest personalities in the area.

Okezie was born on March 18, 1964. Prior to becoming the state governor, Okezie Ikpeazu had occupied various political positions. He hails from Obingwa Local Government Area. He has investments and businesses around the state, which makes him one of the most successful persons in Abia state.

Theodore Orji Net Worth – $200 Million

Theodore Orji is another very rich individual from Abia state. It was said that he allegedly got his wealth from politics. He is a politician and a former governor of Abia State. He is not related to Orji Uzor Kalu but served as the later’s Chief of Staff.

Theodore Ahamefule Orji was investigated by the EFCC due to mismanagement of funds in collaboration with his son. The figures released shows how far some politicians go in pursuit of making money illegally. To know more about the investigation, check this piece here.

Orji won the Abia Central Senate election to represent them at the Nigerian Senate on March 11, 2015. We could not pin point any asset or investment to his name, but we know he has cars, houses and investment to prove his financial worth as one of the richest men in Abia state.

Kalu Ndukwe Kalu Net Worth – $100 Million

Kalu is a successful entrepreneur from Abia state that is also worthy of mention in this list. The Nigerian-born American political scientist has made major strides in various areas. He is known for his popular quote “The things you do for yourself are gone when you are gone, but the things you do for others remain as your legacy”.

Born in his hometown in Abiriba located in Abia state, he is currently a distinguished Research Professor of Political Science and National Security Policy at Coppery University, Montgomery. The prolific educational figure is also Docent Professor at the University of Tampere, Finland.

Samuel Chukwueze Net Worth – $90 Million

Samuel Chukwueze is a successful Nigerian Igbo footballer and among the richest individuals in Abia state worth over $90 million. Born in Umuahia on March 22, 1999, Chukwueze, who has Igbo roots, experienced a normal childhood in a working class well to do family.

The talented footballer who plays for top Spanish division club, Villareal FC in La Liga earns over £150,000 as his monthly salary. He has done much for himself and has seen both his total assets and market value increase. As of now, Chukwueze is supposed to be worth around $90 million.

Samuel Chukwueze has been seen with a showy Mazda MX-5 Miata, Jeeps and owns series of mansions worth over ₦250 million.

Uchechukwu Sampson Ogah Net Worth – $85 Million

Born on the 22nd of May, 1969, Uchechukwu Sampson Ogah is a Nigerian business person, and the current minister of state for mines and steel development of Nigeria.

Ogah went to the Ishiagu High School, and afterward worked at the West African Examination Council (WAEC) from 1986-1989. In 1992, he acquired an Upper Credit at Ordinary National Diploma (OND) from the Institute of Management and Technology (IMT), Enugu State.

Uche Ogah is the President of Masters Energy and Oil Limited. He additionally has successful companies in Abia and Rivers States. All these investments goes to show that he merits the place in the list of Abia’s richest person.

Arunma Oteh Net Worth – $80 Million

Arunma Oteh is the richest woman in Abia state worth over $80 million. She is a Nigerian educational researcher at St. Antony’s College, Oxford University. She was the former financial officer and VP of the World Bank. She has the honor of being tagged an  Officer of the Order of the Niger (OON).

Arunma Oteh hails from Abia State, Nigeria. She is a Nigerian and British resident. Arunma had her undergraduate training at the University of Nigeria, Nsukka, and graduated in 1984 with a top notch respected degree in Computer Science. On a whole, Arunma Oteh was named among Forbes Africa’s 50 most influential women of Africa, 2020.

Nnamdi Kanu Net Worth – $65 Million

Nnamdi Kenny Okwu Kanu, or basically known as Nnamdi Kanu is the most respected man in Igbo land as a whole due to his role in calling for the division of the country. He is a Nigerian political extremist based in the United Kingdom and heads one of the Indigenous People of Biafra (IPOB), and the overseer of a London-based radio broadcast, Radio Biafra.

Nnamdi Kanu is an indigene of Abia state, and he was born in Isiama Afara, Abia State, Nigeria at a time during the 1970s. His dad HRM Eze Israel Okwu Kanu (JP) (a traditional ruler) and his father Ugoeze Nnenne Kanu brought him up in Umuahia. He is the first of five kids and the principal child of his dad.

Kanu went to Library Avenue Primary School (presently part of Government College, Umuahia) and went to Government College for his secondary education instruction. Afterward, Nnamdi Kanu acquired admission to the University of Nigeria Nsukka (UNN). Nnamdi Kanu has an estimated net worth of $65 million and is one of Abia state wealthy men.

Rt. Gen. Azubuike Ihejirika Net Worth – $50 Million

Azubuike Ihejirika, CFR, who is a retired Nigerian Army lieutenant general and previous Chief of Army Staff is another wealthy man from Abia state worth over $50 million.

The former Army Chief was born on March 13, 1956 in Isuikwuato Local Government Area of Abia State, Southeastern Nigeria. He has a lot of business engagements in and outside the state. All these contributed to his net worth which befits his status as one of Abia state richest men.

Other Richest Persons in Abia State

Some other richest person who couldn’t make the top ten list include the following:

  • Martins Azubuike
  • Chinwe Chibuike
  • Uma Ukpai
  • Chuku Wachuku
  • Jaja Wachuku
  • Ada Ehi
  • Chioma Agomo
  • Chinyere Almona
  • Josaiah Ndubuisi Wachuku
  • Chisom Chikatara
  • Nwakanwa Chimaobi
  • Chinedum Enyinnaya Orji
  • Macebuh Chinonyerem
  • Ude Oko Chukwu
  • Uche Chukwumerije
  • Ndubuisi Ekekwe
  • Ifu Ennada
  • Anthony Eze Enwereuzor
  • Chinweizu Ibekwe
  • Ijeoma Ojukwu
  • Ejikeme Ikwunze
  • Chinyere Kalu
  • Onwuka Kalu
  • Umeh Kalu
  • Uchechukwu N. Maduako
  • Eni Njoku
  • Njoku Nnamdi
  • Fortunatus Nwachukwu
  • Ike Nwachukwu
  • Blessing Nwagba
  • Eucharia Oluchi Nwaichi
  • Eric Acho Nwakanma
  • Chijioke Nwakodo
  • Bob Nwannunu
  • Nkechi Justina Nwaogu
  • Nwabueze Nwokolo
  • Iheanacho Obioma
  • Vincent Eze Ogbulafor
  • Clifford Ohiagu
  • Mao Ohuabunwa
  • Arunma Oteh
  • Eziuche Ubani
  • Azubuko Udah
  • Onyema Ugochukwu
  • Nnenna Elendu Ukeje
  • Ebitu Ukiwe
  • Uko Nkole


While there are other top business men who are rich in Abia state that we didn’t mention. These ones are the most popular richest men in Abia state and their net worth as at present this 2024.

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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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