Article Was Last Updated August 11, 2026
The top 20 richest politicians in Nigeria in 2026 include presidents, former heads of state, governors, senators and politicians with major business interests. Bola Ahmed Tinubu ranks first in this list with an estimated net worth of about $8.4 billion, followed by Ibrahim Badamasi Babangida and Orji Uzor Kalu.
Net-worth figures vary across online sources because private companies, property, investments and other assets can have different valuations. Nigeria does not maintain an official national ranking of politicians by personal net worth.
The table below ranks 20 Nigerian politicians by the estimated net-worth figures used for this 2026 list.
Top 20 Richest Politicians in Nigeria 2026
| Rank | Politician | Estimated Net Worth |
| 1 | Bola Ahmed Tinubu | $8.4 billion |
| 2 | Ibrahim Badamasi Babangida | $5–$6 billion |
| 3 | Orji Uzor Kalu | $3.2 billion |
| 4 | Andy Uba | $2.1–$2.2 billion |
| 5 | Bukola Saraki | $2 billion |
| 6 | David Mark | $2–$2.5 billion |
| 7 | Ifeanyi Ubah | $1.7 billion |
| 8 | Olusegun Obasanjo | $1.6 billion |
| 9 | Atiku Abubakar | $1.4–$1.6 billion |
| 10 | Rochas Okorocha | $1.4 billion |
| 11 | Daisy Danjuma | $900 million |
| 12 | Ahmadu Adamu Mu’azu | $895 million |
| 13 | Dino Melaye | $800–$900 million |
| 14 | Rotimi Amaechi | $780 million |
| 15 | Ben Murray-Bruce | $700–$800 million |
| 16 | Stella Oduah | $600–$700 million |
| 17 | Nyesom Wike | $550 million |
| 18 | Adams Oshiomhole | $470 million |
| 19 | Godswill Akpabio | $100 million |
| 20 | Oluremi Tinubu | $20–$50 million |
1. Bola Ahmed Tinubu – Net Worth: $8.4 Billion
Bola Ahmed Tinubu is placed first in several online rankings of Nigeria’s richest politicians, with one widely cited estimate putting his wealth at about $8.4 billion.
Tinubu studied accounting at Chicago State University in the United States and worked for accounting firms including Arthur Andersen before joining Mobil Oil Nigeria, where he became treasurer.
He won the Lagos West Senate seat in 1993 and returned to electoral politics after Nigeria transitioned to civilian rule. He won the Lagos State governorship election in 1999 and served two terms before leaving office in 2007.
Tinubu later joined other political leaders in forming the All Progressives Congress (APC). The party nominated him for the 2023 presidential election, which he won before becoming president on 29 May 2023.
Reports have linked Tinubu to property and business interests in Lagos. The $8.4 billion figure comes from online wealth rankings and does not come from an audited personal net-worth statement.
2. Ibrahim Badamasi Babangida – Net Worth: $5–$6 Billion
Ibrahim Badamasi Babangida, popularly known as IBB, served as Nigeria’s military head of state from 27 August 1985 to 26 August 1993. Online wealth rankings place his estimated wealth at about $5 billion to $6 billion.
Babangida joined the Nigerian Army in 1962 and trained at the Nigerian Military Training College in Kaduna before receiving further military training in India. He later became Chief of Army Staff under Muhammadu Buhari.
On 27 August 1985, Babangida took power after a coup removed Buhari’s government. His administration introduced the Structural Adjustment Programme in 1986 and created two government-approved political parties as part of its transition plans.
Nigeria held a presidential election on 12 June 1993. Moshood Kashimawo Olawale Abiola won the election, but Babangida’s government annulled the result.
Babangida stepped aside as head of state on 26 August 1993, after which Ernest Shonekan became head of the Interim National Government.
At the launch of his autobiography, A Journey in Service, in February 2025, Babangida said the results available to his administration showed that Abiola won the June 12 election.
Online wealth lists have attributed Babangida’s estimated fortune to assets, investments and business interests, but they do not provide an audited valuation of his personal holdings.
3. Orji Uzor Kalu – Net Worth: $3.2 Billion
Orji Uzor Kalu built his wealth through business before becoming governor of Abia State and later a senator. Published estimates of his net worth range from about $1.1 billion to $3.4 billion, while the figure used in this ranking is about $3.2 billion.
Kalu started with $35 borrowed from his mother and used the money to trade palm oil between eastern and northern Nigeria. He later moved into furniture trading and manufacturing before expanding into other sectors.
His businesses expanded under SLOK Holdings, with interests in oil and gas, manufacturing, publishing, banking, insurance, shipping, aviation and real estate. Companies associated with the group have included Supreme Oil, SLOK Airlines, Sun Publishing and First International Bank.
Kalu entered the House of Representatives in 1992 and served until 1993. He became governor of Abia State in 1999 and served two terms until 2007.
In 2019, Kalu was elected senator for Abia North and later became Senate Chief Whip.
4. Andy Uba – Net Worth: $2.1–$2.2 Billion
Andy Uba, whose full name is Emmanuel Nnamdi Uba, was born in Enugu in 1958. He later lived and worked in the United States before returning to Nigeria.
Uba worked for Golden State Mutual Life Insurance Company in California from 1985 to 1992 and also worked on healthcare projects in the United States.
During Olusegun Obasanjo’s presidency, he served as Special Assistant on Special Duties and Domestic Affairs.
In 2007, Uba contested the Anambra State governorship election on the Peoples Democratic Party ticket. He won the election but left office after 17 days when the Supreme Court ruled that Peter Obi’s four-year tenure had not ended.
Uba was elected senator for Anambra South in 2011 and served until 2019. He contested the Anambra State governorship election again in 2021.
Some Nigerian wealth-ranking websites estimate Uba’s net worth at about $2.1 billion. The figure is an estimate and does not come from an audited personal net-worth statement.
5. Bukola Saraki – Net Worth: $2 Billion
Bukola Saraki’s estimated net worth is about $2 billion in some Nigerian wealth rankings. He entered politics after working in banking and developing business interests.
Saraki joined Société Générale Bank of Nigeria in 1990 and became an executive director in 1996. He later moved into property development through Carlisle Properties and established a trading business dealing in commodities including rice and sugar.
In 2003, Saraki became governor of Kwara State and served two terms until 2011. He then won election to the Senate for Kwara Central and served from 2011 to 2019.
Senators elected Saraki President of the Nigerian Senate in 2015. He held the position until 2019.
Saraki’s name appears in the Paradise Papers database maintained by the International Consortium of Investigative Journalists. The database lists him as a director and shareholder of Tenia Ltd., a Cayman Islands company incorporated in 2001. His lawyers told ICIJ that the company never held assets or conducted business and was established before he became governor.
6. David Mark – Net Worth: $2–$2.5 Billion
David Mark is a retired Nigerian Army brigadier general, former military governor and former Senate President. Online rankings estimate his net worth at about $2 billion to $2.5 billion.
Born on 8 April 1948 in Otukpo, Benue State, Mark attended Nigerian Military School in Zaria before joining the Nigerian Defence Academy.
He became military governor of Niger State from 1984 to 1986 and later served as minister of communications.
Mark won election to the Senate in 1999 as the representative of Benue South Senatorial District. He won re-election several times and spent 20 years in the Senate before leaving in 2019.
He became President of the Nigerian Senate in 2007 and held the position until 2015 during the administrations of Umaru Musa Yar’Adua and Goodluck Jonathan.
Mark has also been linked to Joy FM, a radio station based in Otukpo, Benue State.
7. Ifeanyi Ubah – Net Worth: $1.7 Billion
Ifeanyi Ubah’s net worth was estimated at $1.7 billion by online wealth rankings. He started his business career trading tyres and spare parts before entering the petroleum industry.
In 2001, Ubah founded Capital Oil and Gas. He later invested in media, sports, real estate, telecommunications and construction. He also founded The Authority newspaper and owned Ifeanyi Ubah FC, formerly Gabros International Football Club.
Ubah entered politics after building his businesses. He won the Anambra South Senate seat in 2019 on the Young Progressive Party platform and won re-election in 2023 before joining the All Progressives Congress.
He chaired the Senate Committee on Petroleum Resources (Downstream) before his death in July 2024. The Senate later held a valedictory session for him.
8. Olusegun Obasanjo – Net Worth: $1.6 Billion
Olusegun Obasanjo’s net worth is estimated at $1.6 billion by several Nigerian wealth-ranking websites, while other published estimates put his wealth between $1.7 billion and $1.8 billion.
Obasanjo first became Nigeria’s military head of state in 1976 after the assassination of Murtala Mohammed. He transferred power to an elected civilian government in 1979.
He returned as president after winning the 1999 presidential election and served two terms before leaving office in 2007.
Earlier in his government career, Obasanjo served as Federal Commissioner for Works and Housing and later as Federal Commissioner for Petroleum Resources.
After leaving Aso Rock, he continued his agricultural activities through Obasanjo Farms in Ogun State.
9. Atiku Abubakar – Net Worth: $1.4–$1.6 Billion
Atiku Abubakar’s net worth is estimated at $1.4 billion to $1.6 billion in recent online rankings.
The Presidential candidate of the ADC joined the Nigeria Customs Service in 1969 and began investing in property and agriculture while working in the service. He later moved into logistics and became associated with Intels Nigeria Limited, which provides logistics services to the oil and gas industry.
His business interests have also included property, agriculture and education.
Atiku entered national politics after developing his business interests and served as vice-president of Nigeria from 1999 to 2007 under President Olusegun Obasanjo.
He later contested the presidency in 2019 and 2023 as the Peoples Democratic Party’s presidential candidate.
10. Rochas Okorocha – Net Worth: $1.4 Billion
Rochas Okorocha’s net worth is estimated at $1.4 billion in online Nigerian wealth rankings.
Born Owelle Rochas Anayo Okorocha on 22 September 1962 in Ogboko, Imo State, he moved to Jos as a young man and started working before entering business.
Okorocha later founded the Rochas Foundation, which established schools offering free education to children from disadvantaged backgrounds.
He entered politics in the 1990s and later served on the Federal Character Commission.
In 2011, Okorocha won the Imo State governorship election and secured a second term in 2015. He left office in 2019 after completing two terms and represented Imo West Senatorial District in the Senate from 2019 to 2023.
11. Daisy Danjuma – Net Worth: $900 Million
Daisy Danjuma served as senator for Edo South from 2003 to 2007. Before entering the Senate, she worked with Nigerian Acceptances Limited and the Nigerian Television Authority.
She later worked with South Atlantic Petroleum, the oil company founded by Theophilus Danjuma. Her business interests have also been linked to Afenmai Austeniti Limited, an oil and gas company.
Several Nigerian wealth lists estimate Danjuma’s net worth at about $900 million, making her the highest-ranked woman in this list.
12. Ahmadu Adamu Mu’azu – Net Worth: $895 Million
Ahmadu Adamu Mu’azu worked as a quantity surveyor before entering politics. He became governor of Bauchi State in 1999 and remained in office until 2007.
After leaving the governorship, Mu’azu moved into national party politics and became national chairman of the Peoples Democratic Party in 2014.
His net worth is estimated at $895 million in online Nigerian wealth rankings.
13. Dino Melaye – Net Worth: $800–$900 Million
Dino Melaye served in the House of Representatives before moving to the Senate, where he represented Kogi West Senatorial District.
His collection of luxury cars has featured in Nigerian media reports about his lifestyle.
Several online sources estimate Melaye’s net worth at $800 million to $900 million.
14. Rotimi Amaechi – Net Worth: $780 Million
Chibuike Rotimi Amaechi entered Rivers State politics through the state House of Assembly and became its speaker. He served as governor of Rivers State from 2007 to 2015.
In 2015, President Muhammadu Buhari appointed Amaechi minister of transportation, a position he held until 2022.
Amaechi also contested the 2022 All Progressives Congress presidential primary. His net worth is estimated at $780 million in several Nigerian wealth rankings.
15. Ben Murray-Bruce – Net Worth: $700–$800 Million
Ben Murray-Bruce founded the Silverbird Group in 1980. The company expanded into television, radio, cinemas and film distribution.
He entered the Senate in 2015 and represented Bayelsa East Senatorial District until 2019.
Online wealth publications estimate Murray-Bruce’s net worth at $700 million to $800 million, with his business interests accounting for much of the wealth associated with his name.
16. Stella Oduah – Net Worth: $600–$700 Million
Stella Oduah served as Nigeria’s minister of aviation from 2011 to 2014 under President Goodluck Jonathan. She later represented Anambra North in the Senate from 2015 to 2023.
Before entering federal politics, Oduah worked in the private sector and developed business interests linked to the oil and gas industry.
Her estimated net worth is placed at $600 million to $700 million by online wealth-ranking sources.
17. Nyesom Wike – Net Worth: $550 Million
Nyesom Wike served as governor of Rivers State from 2015 to 2023 and became minister of the Federal Capital Territory in 2023.
Before becoming governor, Wike served as chief of staff to the Rivers State governor and later as minister of state for education. He trained as a lawyer before entering politics.
Published estimates of Wike’s wealth vary, with one widely cited figure putting his net worth at about $550 million.
18. Adams Oshiomhole – Net Worth: $470 Million
Adams Oshiomhole served as president of the Nigeria Labour Congress from 1999 to 2007 before entering electoral politics.
He became governor of Edo State in 2008 and remained in office until 2016. After leaving the governorship, Oshiomhole served as national chairman of the All Progressives Congress from 2018 to 2020.
He returned to the Senate in 2023 as the representative of Edo North.
Online wealth rankings estimate Oshiomhole’s net worth at about $470 million.
19. Godswill Akpabio – Net Worth: $100 Million
Godswill Akpabio worked as a lawyer before entering politics. He served as governor of Akwa Ibom State from 2007 to 2015 and later became minister of Niger Delta Affairs.
He returned to the Senate and became Senate President in 2023.
Online wealth rankings estimate Akpabio’s net worth at about $100 million.
20. Oluremi Tinubu – Net Worth: $20–$50 Million
Oluremi Tinubu served as First Lady of Lagos State from 1999 to 2007 while Bola Ahmed Tinubu was governor. She entered the Senate in 2011 and represented Lagos Central until 2023.
She served three terms in the Senate before leaving the National Assembly. After Bola Tinubu became president in May 2023, she became First Lady of Nigeria.
Online estimates place Oluremi Tinubu’s net worth at about $20 million to $50 million.
Who Are the Top 10 Richest Politicians in Nigeria?
The top 10 richest politicians in Nigeria in this 2026 ranking are:
Rochas Okorocha — about $1.4 billion
Bola Ahmed Tinubu — about $8.4 billion
Ibrahim Badamasi Babangida — about $5–$6 billion
Orji Uzor Kalu — about $3.2 billion
Andy Uba — about $2.1–$2.2 billion
Bukola Saraki — about $2 billion
David Mark — about $2–$2.5 billion
Ifeanyi Ubah — about $1.7 billion
Olusegun Obasanjo — about $1.6 billion
Atiku Abubakar — about $1.4–$1.6 billion
Who Is the Richest Female Politician in Nigeria?
Daisy Danjuma is the highest-ranked woman in this list, with an estimated net worth of about $900 million. She represented Edo South in the Senate from 2003 to 2007 and has business interests linked to the oil and gas sector.
Oluremi Tinubu ranks 20th overall, with online estimates placing her net worth at about $20 million to $50 million. She represented Lagos Central in the Senate from 2011 to 2023 before becoming First Lady of Nigeria.
Frequently Asked Questions
Who Is the Richest Politician in Nigeria?
Bola Ahmed Tinubu ranks first in several Nigerian online lists of the richest politicians in Nigeria, with estimated wealth of $8.4 billion.
Who Are the Top 10 Richest Politicians in Nigeria in 2026?
The top 10 are Bola Ahmed Tinubu, Ibrahim Badamasi Babangida, Orji Uzor Kalu, Andy Uba, Bukola Saraki, David Mark, Ifeanyi Ubah, Olusegun Obasanjo, Atiku Abubakar and Rochas Okorocha.
What Is Bola Tinubu’s Net Worth?
Bola Tinubu’s personal net worth is estimated at $8.4 billion. Forbes’ 2026 Africa billionaires list does not include Tinubu among its 23 billionaires.
What Is Atiku Abubakar’s Net Worth?
Atiku Abubakar’s net worth is estimated at $1.2 billion to $1.5 billion in recent Nigerian reports.
What Is Orji Uzor Kalu’s Net Worth?
Orji Uzor Kalu’s net worth is estimated at $3.2 billion by some Nigerian publications.
What Is Nyesom Wike’s Net Worth?
Nyesom Wike’s net worth is estimated at $550 million.
Who Is the Richest Female Politician in Nigeria?
Daisy Danjuma ranks highest among the women named here, with some Nigerian publications estimating her wealth at about $900 million.
Who Is the Richest Man in Nigeria?
Aliko Dangote is Nigeria’s richest person on Forbes’ 2026 Africa billionaires list. His fortune comes from the Dangote Group. He is a businessman rather than a politician, so his wealth does not form part of this political ranking.
Which Nigerian Politicians Built Businesses Before Entering Politics?
Orji Uzor Kalu, Atiku Abubakar, Ifeanyi Ubah and Ben Murray-Bruce had business interests before or alongside their political careers. Kalu founded SLOK Holdings, Ubah founded Capital Oil, Murray-Bruce founded Silverbird Group, while Atiku developed business interests before becoming vice-president.
Who Are the Richest Former Governors in Nigeria?
Bola Ahmed Tinubu, Orji Uzor Kalu and Rochas Okorocha are among the former governors included in this ranking. Tinubu governed Lagos State, Kalu governed Abia State, and Okorocha governed Imo State.
