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

Last updated on August 3rd, 2023 at 08:34 pm

Bayelsa state richest men aren’t as pronounced as other states in the country. Although, these individuals boast of enormous wealth and have investments and assets scattered around Nigeria, it is worthy of note that there are less entrepreneurs, business men on this list of richest men in Bayelsa state than politicians.

richest men in Bayelsa state

Bayelsa is also a state rich in petroleum resources. The state has one of the largest crude oil and natural gas deposits that is in Nigeria. Petroleum production, agricultural activities and business is very extensive in the state. However, a good number of indigenes are considered as being the among the wealthiest men in the state with respect to riches.

Some of these persons are top businessmen, government officials and public figures that have lots of investments, landed properties and the likes. This post will highlight the top ten of these popular richest men from Bayelsa state and their estimated net worth this 2024.

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

Below is the rundown of the top ten richest men in Bayelsa state and their respective net worth this 2024:

Goodluck Jonathan Net Worth – $20 Million

Former president Goodluck Ebele Azikiwe Jonathan is the current richest man in Bayelsa state and also the wealthiest and most respected politician in the state by virtue of him holding the highest office in Bayelsa and Nigeria as a whole. Jonathan is a prominent Bayelsa politician who was a former governor of the state and the previous president of Nigeria.

Born on 20th May, 1957 to a Christian family of canoe makers, he hails from the Ijaw minority ethnic group. The politician served as the deputy governor and governor of Bayelsa, and subsequently was elected as the President of Nigeria from 2010 to 2015. He was ousted in 2015 by the former military head of state, General Muhammadu Buhari. Before occupying the president’s office, he served as Vice President of Nigeria from 2007 to 2010;

Dr. Goodluck Ebele Jonathan posses a Bachelor degree in Zoology (Second-class honours), a Masters degree in Hydrobiology and Fisheries Biology. The professor has a PhD in zoology from the University of Port Harcourt. The former Nigerian president, Goodluck Jonathan is the most popular political figure in Bayelsa state. As at 2007, when he was still in office as the president, he declared his total assets to worth $8 million.

Currently, Goodluck Jonathan’s net worth is estimated at $20 million due to his investments and other businesses.

Inetimi Alfred Odon (Timaya) Net Worth – $15 Million

Inetimi Timaya Odon is also another wealthy individual from Bayelsa state with an estimated net worth of $15 million. Odon is a popular Nigerian musical artist born on 15th May, 1980. Popularly known by his stage name “Timaya”, he is a singer and songwriter who has released a lot of popular songs still sang till date.

The musician owns a record label DM (Dem Mama) Records Limited. Inetimi Timaya Odon wasn’t born in his hometown, but in a distant place in Port Harcourt, Rivers State. He grew up being the youngest of a large family in Agip Estate, Port Harcourt. His father worked as a banker and his mother was a businesswoman.

After Timaya finished his primary and secondary school level, he later went to Port Harcourt to study Banking and Finance at tertiary-level. Nevertheless, that result there wasn’t good and he dropped out after first semester.

Timaya is currently the richest musician in Bayelsa and one of the most influential artists in the country. The musical artist is also one of the richest men in Bayelsa state. With an estimated net worth of $15 million as stated above, Timaya is a rich individual in Bayelsa state.

Edmund Daukoru Net Worth – $11 Million

Edmund Maduabebe Daukoru is another respected political wealthy figure in Bayelsa state. Born on the 13th of May, 1943, he was a former Nigerian Minister of State for Energy and was Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) in 2006. For hisp education, he obtained a Ph.D in Geology from Imperial College, London. Being a respected person, Daukoru was crowned in 2008 as the Amayanabo, or traditional ruler, of Nembe Kingdom.

Daukoru started his career in the oil multinationals. He was employed by Shell International Petroleum Company from 1970, where he was the General Manager of Exploration in Nigeria. Daukoru became Group Managing Director of the Nigerian National Petroleum Corporation in 1992.

Edmund Daukoru is viewed as one of the richest men in Bayelsa state. Though information on his worth is limited, but he has a net worth estimated to be at $11 million.

David Lyon Net Worth – $10 Million

David Lyon Perewonrimi is wealthy personality from Bayelsa state with a respective net worth of $10 milkion. He was born on 20th May, 1970. He is a Nigerian politician and the former governorship candidate in Bayelsa state.

Lyon is a wealthy businessman who started his career as a foreman in Western Geophysical Company Limited. After some time with the company, he moved on to become the Chief Executive Officer (CEO) of Darlon Oil and Gas Nigeria Limited, Darlon Group Nigeria Limited and Arutex and Sons Nigeria Limited.

The aspiring politician and settled businessman is certain to be a millionaire. Presently, the information in his current net worth isn’t public, but we believe he is in the $10 million.

Heineken Lokpobiri Net Worth – $8 Million

This is a notable Bayelsa legal practitioner and government official who is one of Bayelsa state richest men. Born March 3rd, 1967, he is was elected as a senator in March 2007 to represent Bayelsa West constituency. Lokpobiri is presently the Nigerian Minister of State for Agriculture and Rural Development.

Heineken Lokpobiri obtained an LL.B (Hons) in 1994 after finishing at Rivers State University of Science and Technology, Port Harcourt. He is an expert in Environmental Rights and Environmental Law, and is a Doctorate degree graduate of Leeds Beckett University, United Kingdom.

Lokpobiri is seen as one of the richest men in Bayelsa state. However, his current net worth isn’t available, but we believe the politician is worth over $8 million if you take all his investments into account.

Timipre Sylva Net Worth – $6 Million

Bayelsa state former chief executive, Timipre  Sylva is one of the richest politicians from Bayelsa state. Born on March 7, 1964, the former Governor is currently the Nigerian Minister of State for Petroleum Resources. Sylva began his early life Brass, Bayelsa, where he was born. He was educated there and in Lagos.

Sylva is a first class graduate of the University of Port Harcourt in English (Linguistics) in 1986.T Timipre Sylva estimated net worth is over $6 million.

Kemebradikumo Pondei Net Worth – $5 Million

Kemebradikumo Daniel Pondei is one of the notable names in Bayelsa state. He was the former acting managing director of Niger Delta Development Commission (NDDC) and was appointed in 2019 by President Muhammadu Buhari.

Pondei is also a Nigerian professor. He attended Government College, Port Harcourt for his secondary education. He further went to the University of Lagos and studied microbiology. He preceded to University of Nottingham and obtained a doctorate degree in Microbiology.

Kemebradikumo Pondei is viewed as one of the richest men in Bayelsa state. Currently, information on his net worth isn’t available, but we know the politician is net worth is estimated at $5 million.

Dan Etete Net Worth – $4 Million

Dan Etete is a Bayelsa indigene who was born on 26th May, 1945. He is a former Nigerian Minister of Petroleum. The former political figure was convicted of money-laundering. He owns a boat and a chateau, but were traced to be bought using illicit funds.

Duoye Diri Net Worth – $4 Million

Sen. Douye Diri is yet another popular political figure in the list of Bayelsa most richest men. He was born on March 4th, 1959 into Kolokuma/Opokuma local government area of Bayelsa state.

Diri is a businessman, politician, lawmaker and a former senator. Diri is an experienced politician and one of the richest men in Bayelsa state with an estimated net worth of $4 million.

Gift Igbomgbo (MC Aproko) Net Worth – $2.5 Million

Promising Nigerian comedian and entertainer, MC Aproko is an indigene of Bayelsa, who grew up at Nembe town in the state. He is the second son in a family of seven.

Gift Loveday Igbomgbo is a stand-up comedian who won the Next Naija Comedy Star. The entertainer currently works with the Bayelsa state governor, Duoye Diri as the special assistant on entertainment.

Other Richest People In Bayelsa State

The list of other wealthy individuals from Bayelsa state include:

  • Owoye Andrew Azazi
  • Anna Banner
  • Franklin Erepamo Osaisai
  • Ayibatonye Owei
  • Emmanuel Paulker
  • Patience Torlowei
  • Isaac Adaka Boro
  • Edmund Daukoru
  • Alfred Diete-Spiff
  • Tupele-Ebi Diffa
  • Fred Agbedi
  • Ebitimi Agogu
  • Abel Ebifemowei
  • Peter Ebimobowei
  • Dakore Egbuson-Akande
  • Timini Egbuson
  • Foster Ogola
  • Godknows Igali
  • Clever Ikisikpo
  • Ernest Ikoli
  • Gesila Khan
  • Heineken Lokpobiri
  • John Michael Ogidi
  • Gabriel Okara
  • Melford Okilo
  • Gomo Onduku


These are the top ten richest men from Bayelsa state with their estimated net worth. These people are assessed based on the value of their assets and investments. A look at the above list, it’s crystal clear that political and government officials were the most predominant. Other people like business tycoons and entertainers still made the list.

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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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