Top 10 Richest Men in Rivers State & Net Worth (2023)

Rivers state has billionaires and millionaire business men in almost every local government area within the state. This is a fact as Rivers state is an oil rich area in the south-south geopolitical zone of the country. The oil rich state is significant, and known to be the leading state in the Niger Delta area of the country.

richest men in rivers state

Rivers state has many natural and human resources which has cemented its status as one of the richest states in Nigeria especially in terms of internally generated revenue. The state has a significant population of people who have separated themselves in various different backgrounds. Rivers state is also one of the most populated states in Nigeria.

Most of these richest individuals in Rivers state are owners of top firms, companies, hotels, establishments in the country. While some are involved in politics, others have built their wealth from credible sources that merited their names on this list. In the course of this article, we will list the top 10 richest men in Rivers state and their net worth this 2023.

List of Top 10 Richest Men in Rivers State & Net Worth (2023)

Below are top 10 richest men from Rivers state and their net worth this 2023:

Chief Dumo Lulu-Briggs Net Worth – $500 Million

Dumo Lulu-Briggs is the current richest man in Rivers state with a net worth estimated at $500 million. He is the son of Nigeria’s billionaire, late high Chief OB Lulu-Briggs who was also the wealthiest business man in Rivers state while he was alive.

Aside his wealthy status, Briggs is a respected figure, a finance manager, technocrat, legislator and grassroot mobilizer. It was after Dumo Briggs’ dad death that he look after his oil and gas business which incorporates an oil well. He is the director and CEO of DLB group, a conglomerate of companies with interest in oil and gas, and marine.

Hebert Wigwe Net Worth – $300 Million

Herbert Wigwe is the second richest man in Rivers state with an estimated net worth of $300 million. This financially successful business tycoon has businesses that is worth millions and is vast, encompassing many money-spinning areas. He is also the Chief Executive Officer of Access Bank Nigeria, which is one of Nigerian’s leading business banks.

Taking a gander at how wealthy Mr, Wigwe worths, we can see how he one of the richest men in Rivers state. Herbert Wigwe is a standout amongst other paid CEOs in Nigeria, and he has a yearly income of over ₦300 million, the highest a CEO can possibly earn in the country.

Nyesom Wike Net Worth – $200 Million

Governor Nyesom Wike is a wealthy Nigerian governor in Rivers state that has contributed his quota in the economic and political structure of the state. Wike is among the richest politicians in Rivers state and a card carrying member of the People’s Democratic Party (PDP). He was a former minister of education during former President Goodluck Azikwe Jonathan regime and a lawyer by profession.

Governor Ezenwo Nyesom Wike’s estimated net worth is said to be over $200 million and he is seen by many as the best performing governor in Nigeria this 2023.

King Edward Asimini Pepple Net Worth – $190 Million

The popular king also makes this list of the most richest individuals in Rivers state. Edward Pepple is the current king of the oil rich Bonny empire in Rivers state, and has a lot of wealth in his domain. To this regard, the traditional ruler has been one of the most extravagant traditional rulers in the country.

Looking at how rich the king is, he is estimated to have a total assets and net worth of about $150 million. With this figure, the king is one of the richest and most influential monarch in the oil rich state.

Tonye Cole Net Worth – $150 Million

Tonye Cole is a prominent businessman and an aspiring politician from Rivers State. The former governorship aspirant in the state is one of Rivers state wealthy men. He is also the head of Sahara Energy, and a lot of his wealth is generated from his businesses and investments. To this regard, Cole is perhaps among the richest people from Rivers state.

Tonye Cole deals majorly and particularly in the oil and gas industry. Mr. Cole is one of the very rich people in Rivers state and is actively involved in politics. Tonye Cole net worth is estimated to be about $150 million which shows that he is one of the richest politicians in Rivers state.

Atedo Peterside Net Worth – $120 Million

Mr. Atedo Peterside is a famous Nigerian businessman, financial specialist and a stock broker. The mystery behind the millionaire is that not all and many people in Nigeria knows that the Rivers state Atedo Peterside is the founder and shareholder at Stanbic IBTC Nigeria.

Atedo Peterside is in the alliance of most richest people in the oil rich Rivers state with a net worth estimated at $120 million.

Emmanuel Georgewill Net Worth – $100 Million

Emmanuel Georgewill is the CEO of Cortech Oil Services Nigeria. The successful businessman is very much honoured and respected in Rivers state. Also, he is seen as one of the wealthy businessmen in the state. He is a graduate of mechanical and production engineering from the University of Jos. Also, the millionaire is driving one of Nigerian’s oil and gas company with potential.

Tein George Net Worth – $95 Million

Tein George sits as the director and board member of many top companies including Seametric Engineering and Daba and Orlando Foundation. Certainly, the list of the most richest individuals in Rivers state won’t be done without mentioning Mr. Tein George. He owns one of the most costly inns in the country, George’s Hotel situated in Ikoyi Lagos, Nigeria.

All things considered, the rich Rivers state local is very well-endowed and regarded as one of the state’s most richest. Nonetheless, Mr. George’s modesty and basic life has caused him to use less media space to propagate his wealthy lifestyle.

George Etomi Net Worth – $90 Million

The Rivers state born businessman and a business tycoon is a notable figure in the state. He makes the rundown of top ten most richest men from Rivers state. Mr. George Etomi is owner of George Etomi and Partners, Ikoyi and Director of Eko Electricity Distribution Company. He has earned a lot of money from all these engagements.

Tein Jack Rich Net Worth – $90 Million

Tein Jack Rich is another rich man from Rivers state.  The business tycoon is the organizer and leader of Belemaoil, the primary local oil Exploration and Production Company in Nigeria. The millionaire was brought up out of an oil producing  area in the core of Niger Delta. On the whole, Jack Rich is one of notable Nigerian business tycoons from Rivers state.

Onueze Chukwujinka Joe Okocha Net Worth – $80 Million

This is also one of the notable names in Rivers state. Onueze Chukwujinka Joe Okocha (SAN) is a legal practitioner who is one of the most richest lawyer in Rivers state and also in the country.

Okocha is a former president of the Nigeria Bar Association (NBA). He is is very much respected and has delved into various successful businesses which has meant fortune of riches for him. His net worth is estimated to be $80 million.

Other Rich People in Rivers State

The list of other notable affluent individuals in the oil rich Rivers state:

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


As pointed out above, Rivers state billionaires are not limited to only business men but to politicians as well. While alternatively referred with their slogan, ‘treasure base of the nation,’ because of its blessed normal assets and wealth, its clear to see that these men have what it takes to be in this list. In this article, we highlighted the top ten richest men in Rivers state and their net worth. Looking at the rundown, it’s crystal clear that most of these rich men in Rivers state are top company CEOs, politicians and business owners who have made riches.

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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