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

Rivers state has wealthy business men in almost every local government area within the state. This is a fact as Rivers state is an oil wealthy area in the south-south geopolitical zone of the country. The state is the most prominent in the Niger Delta region of the country.

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

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


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


Dumo Lulu-Briggs is the current wealthiest 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 leader in the state.

Aside his affluent 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 enterprise which incorporates an oil well. He is the director and CEO of DLB group, a conglomerate of enterprises with interest in oil and gas, and marine.


The Late Herbert Wigwe was the second most wealthy person 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, incorporating many money-spinning areas. Until his death in a helicopter crash, he was also the Chief Executive Officer of Access Bank Nigeria, which is one of Nigerian’s prominent business banks. Wigwe is a standout amongst other wealthy CEOs in Nigeria. He has a yearly income of over 300 million dollars.


Nyesom Wike is one of the wealthiest governors in the country. He has contributed his quota in the economic and political structure of the state. Wike is among the wealthy politicians in Rivers state and a member of the People’s Democratic Party. He was a former minister of education and a barrister by profession. Governor Ezenwo Nyesom Wike’s assessed net worth is said to be over $200 million. He is seen by many as the finest performing governor in Nigeria.


Edward Pepple is the current king of the oil-rich Bonny empire in Rivers state, and has a lot of fortune in his domain. To this regard, the traditional monarch has been one of the most extravagant traditional rulers in the country.

Looking at how wealthy the king is, he is estimated to have a total assets and net worth of about $190 million. With this figure, the king is one of the wealthiest and most influential monarchs in Rivers state.


Tonye Cole is a prominent merchant and an aspiring politician from Rivers State. He is also the head of Sahara Energy, and a lot of his wealth is generated from his enterprises and investments. To this regard, Cole is perhaps among the richest individuals from Rivers state.

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


Mr. Atedo Peterside is a famous Nigerian merchant, financial specialist and a stock broker. The enigma 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 individuals in the oil rich Rivers state with a net worth estimated at $120 million.


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


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

Mr. George’s modesty and basic life has caused him to use less media space to propagate his affluent lifestyle.


George Etomi is a businessman and a notable figure in the state. He makes the list of top ten most wealthiest men from Rivers state. Mr. George Etomi is proprietor of George Etomi and Partners, Ikoyi and Director of Eko Electricity Distribution Company. He has garnered a lot of money from all these engagements.


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


As seen above, Rivers state richest men are not limited to only business men but to politicians as well. The state is known with their slogan, ‘treasure base of the nation,’ because of its blessed normal assets and wealth. It’s obvious to see that these men have what it takes to be in this list. In this article, we highlighted the top ten wealthiest men in Rivers state and their net worth. Looking at the rundown, it’s crystal clear that most of these affluent men in Rivers state are top company CEOs, politicians and business owners who have 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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