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

Ondo is one of the highest revenue generating states in Nigeria. Furthermore, this south-western state is the country’s leading producer of cocoa. All of these increase the state’s and its citizens’ wealth. There are certainly a lot of wealthy people from Ondo. This article will showcase these wealthy individuals who have established a name for themselves and the state at large.

The richest people in Ondo state have been duly listed on Forbes’ list of Nigerian millionaires. They are successful entrepreneurs who own a variety of enterprises and have investments and assets that ensure their financial net worth grows. These Ondo state rich men’s money is derived from various profitable activities rather than oil and gas.


Here is a list of the top ten richest persons in Ondo State, along with their current net worth:


Jimoh Ibrahim is the richest man in Ondo state with a net worth estimated at $1 billion according to Forbes’. He is a politician, businessman, and philanthropist with a plethora of costly automobiles, land, and valuables. Jimoh Ibrahim was born in Ondo, Nigeria. Ibrahim graduated from Obafemi Awolowo University in Ile Ife, Osun State, with a law degree.

Jimoh Ibrahim is the director and CEO of Global Fleet Group. This large company is headquartered in Nigeria, but has branches and companies in adjacent West African countries.


Fredrick Akinruntan is yet another Ondo state billionaire and the richest king in Nigeria. He is one of the few monarchs whose net worth is listed on Forbes. He is claimed to own a custom-built Rolls-Royce that the Queen of England drives. (2012 model). Aside from that, he is the creator of Obat Oil, a leading oil and gas company with over 50 gas stations spread over Nigeria.

Also, Oba Obateru Akinruntan is the Olugbo of Ugbo kingdom and the wealthiest traditional ruler in Yoruba country.


Mosunmola Abudu is the wealthiest woman in Ondo state. She is best known as Mo Abudu, and she is a well-known actress and businesswoman.

Mo is a philanthropist, media magnate, and former human resources management expert. Her hobbies include electronic broadcasting, filmmaking, and content creation.

Mo Abudu graduated from the University of Westminster in London with a degree in Human Resource Management.

According to one online study, Mo Abudu is reported to have a net worth of $100 million.


Olusegun Mimiko is another wealthy governor of Ondo State. The notable politician ran as the Zenith Labor Party’s senatorial candidate for Ondo Central District in the 2019 election. The political figure served as Ondo State’s sixteenth and fifth non-military governor. He was also Ondo state’s first two-term governor.

Mimiko was raised in Ondo Town, which is located in the state, according to her background. He developed an interest in government issues from a young age. He began his political career in medical school at the University of Ife (now Obafemi Awolowo University), where he was a student leader. Mimiko’s net worth is estimated at $60 million


Omoyele Sowore is a prominent human rights activist, pro-democracy campaigner, and former presidential candidate. He was born on April 16, 1971, in Ondo State, Nigeria. The ambitious politician is also the owner of Sahara Reporters, an internet news organization. This year, the online news service is predicted to be worth $10 million. Sowore, the owner, is also a wealthy man who is happily married to a woman with children.


Bowoto Jephthah Oluwatiseyifumi Tanimola is one of the richest men in Ondo state with a net worth of $9 million. He is best known for his stage name Akpororo. He is a well-known comedian, performer, and entertainer by trade.  He is a native of Ilaje, Ondo State, according to his background.

Akpororo was born and raised in Warri, a city in adjacent state where he attended primary school. His career began as a local gospel performer. He attended Lagos State University and majored in Sociology. Akopororo owns luxurious automobiles and houses in both his home and Lagos.


Olubowale Victor Akintimehin is an international rapper known by his stage name Wale. The Ondo native was born on April 21, 1984, and is now an American rapper and singer. He rose to prominence in 2006, when his song “Burrow Dug (Shake It)” became popular in his area.

The talented artist became worldwide known and continued to record music for the local audience. Furthermore, Wale is one of the wealthiest persons in Ondo state, with a net worth of $9 million.


Omotola is a popular actress that goes by the real name Omotola Jalade Ekeinde. She is a performer, musician, humanitarian, and former model from Ondo state. Since her Nollywood film debut in 1995, she has been named to Time magazine’s list of the 100 most influential people in the world. Michelle Obama, Beyoncé, and Kate Middleton were also named.

Omotola, who is an indigene of Ondo state, was born in Lagos State. She was named a Member of the Order of the Federal Republic by the Nigerian government. This award was given to her in recognition of her contributions to the country’s film industry.


Niniola Apata, better known as Niniola, is a talented Nigerian afrobeat vocalist, musician, and entertainer. She is an Ondo State native, however she was raised in Lagos. She is originally from Ekiti state. For her primary and senior education, the young singer attended Apata Memorial senior School. Niniola is a University of Lagos graduate with a degree in Biology Education.

Niniola Apata’s riches is derived through music deals and entertainment performances. Niniola’s total assets and net worth are estimated to be $3.7 million.


The top ten richest men in Ondo state, as well as their net worth this year, are shown above. We also included their net worth to let you know how wealthy they are.

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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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