Top 10 Richest People in Ekiti State & Net Worth (2024)

Ekiti ranks among the Nigerian states with billionaires and influential figures. These rich people are drawn from various fields of endeavours. From politicians, doctors, lawyers, farmers, etc, there are many wealthy business people in Ekiti state.

These people are well-liked not only in the state but also across the entire nation. As earlier said, Ekiti state richest men are not just in one industry. Some of these persons sources of riches are unknown, but we do know that they are sufficiently wealthy for their names to merit a mention.

The top 10 richest people from Ekiti state are listed in this article. The list will also include their estimated net worth, which will show where they stand among Ekiti State’s richest citizens.


There are many wealthy individuals in Ekiti State, but let’s focus on those who are thought to be the richest. The top ten richest men in Ekiti State are shown here, along with their current net worth.


Afe Babalola still remains the richest man in Ekiti state. He is one of Nigeria’s wealthiest attorneys, with a $680 million estimated net worth. He has received the CON, OFR, and SAN honors and is a reputable lawyer and senior advocate. He founded Afe Babalola University and is both a farmer and an educator.

Babalola is a well-known and affluent lawyer from Nigeria who resides in the state of Ekiti. While little is known about his wealth, we do know that he is the owner of one of Nigeria’s top and highest paying law businesses. He also owns a number of additional lands and investments. This makes Afe Babalola to be regarded as one of the few billionaire richest men in Ekiti state.


John Olukayode Fayemi is one Ekiti state richest man with an estimated net worth of $300 million. He is a well-known politician in the state.

Despite the fact that not much is known about Kayode Fayemi’s holdings, we do know that he is a successful businessman. He is the owner of numerous landed estates across the country. He also has luxurious cars befitting of his status as one of Ekiti’s richest men.

Kayode Fayemi is a native of Isan-Ekiti in Oye Local Government of Ekiti State. Afterwards, he earned degrees from Obafemi Awolowo University and the University of Lagos.


Peter Ayodele Fayose was ranked among the wealthy Nigerian governors during his time in office. He was already a wealthy businessman before taking office, but his wealth increased while in office. The former governor is now regarded as a successful politician in Nigeria.

The controversial politician was raised in Oyo State and went to Olivet Baptist High School. Fayose received admission to The Polytechnic of Ibadan’s HND program in biological sciences, applied medicine, and biology, from which he graduated in 1987.

Ayo Fayose runs enterprises in addition to politics. He has assets and landed property. Fayose, one of the wealthiest men in Ekiti state, is thought to have a net worth of $295 million.


Segun Oni, as he is commonly called, served as the previous governor of Ekiti State. He is a prominent politician who is currently a part of the All Progressive Congress, the party in power. He serves as the South’s Deputy National Chairman and is an active member.

Segun Oni is an engineer, judging by his line of work. He became a corporate member, Nigerian Society of Engineers in 1987. He obtained COREN registration as an engineer the next year. Oni was also a prominent member of the Nigerian Society of Chemical Engineers’ Lagos State Chapter.


Femi Falana is a well-known and prosperous Nigerian attorney. Femi Falana, SAN is an outspoken Nigerian lawyer and human rights activist and one of the richest men in Ekiti state. He graduated from the University of Ife, which is now known as Obafemi Awolowo University Ile Ife.

The legal expert is an active attorney and a Principal Partner at Falana&Falana Chambers.

Femi Falana is the father of Folarin Falana (Falz), a popular Nigerian rapper, singer, online comedian and actor. Falana Snr. Is also the husband of Funmi Falana, an activist for women’s rights in Nigeria, and his net worth is estimated to be $80 million.


Odunlade Adekola is also one of the richest men in Ekiti state. He is also one of the most influential Yoruba actors in the country. The Otun Ekiti-born Nigerian actor, singer, filmmaker, producer, and director was born and reared in Abeokuta. The well-known Nollywood performer rose to fame thanks to his leading acting part.

Moreover, Odunlade Adekola is the founder and CEO of Odunlade Adekola Film Production. He also owns a hotel with a $100 million market value. Odunlade Adekola net worth is estimated to be around $50 million.


Falz, also known as Folarin Falana, is a well-known artist from the state of Ekiti. In addition to being a well-known human rights attorney in Nigeria, he is also a rapper, singer, composer, recording artist, stage performer, and philanthropist. Folarin Falana is popularly known by his stage name Falz or Falz the Bahd Guy. Falana Jnr was born to renowned lawyers and human rights activists Funmi and Femi Falana.

Falz is one of the wealthiest men in Ekiti state with a net worth of $45 million.


Yinka Ayefele , is another affluent celebrity from Ekiti state. The renowned gospel singer and music producer from Nigeria began filming music videos in 1999 and has continued to do so. Ayefele was born in the city of Ipoti-Ekiti in the state of Ekiti. The musician then traveled to Ikare Akoko’s Ondo State College of Arts and Sciences.

The estimated net worth of Yinka Ayefele is $20 million. He now ranks among the richest men in Ekiti State.


Abiodun Christine Olujimi is a notable political figure in Ekiti state. She is a senator from Nigeria who represents the Ekiti South seat. The influential politician served on the Nigerian Communications Commission’s board of directors.

Christine graduated from the University of Abuja with degrees in political science and a postgraduate degree in public relations and marketing. She has a net worth of $15 million.


Richard Olufemi Bamisile is a popular politician, widely known as BAFEM. He represents the Federal House of Representatives’ Ekiti South II District. The prominent politician was formerly the Speaker of the State Assembly of Ekiti (Third Parliament). The estimated net worth of Richard Bamisile is $10 million. This reflects his status as one of Ekiti State’s richest men.


Ekiti state is home to a large number of wealthy residents. Politicians are the most common characters among the top ten wealthiest men in the state, according to the list. This list includes other prominent and wealthy citizens of the state.

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