Top 10 Richest Pastors in Nigeria: Net Worth, Businesses & Assets

Temiloluwa Abiola
By Temiloluwa Abiola - Lead Writer
16 Min Read

Nigerian pastors have become very rich by expanding into businesses beyond just churches. In addition to leading huge congregations, they have successful businesses spanning many industries. They lead large organizations in education, business, and more.

After analyzing the pastors in Nigeria based on their businesses, assets, and net worth, here is a list of the top 10 richest pastors in Nigeria. This article explores their net worth, businesses, and assets. Read on to know the richest Nigerian pastors.

List of Richest Pastors in Nigeria & Their Net Worth

 PastorNet WorthChurch/Ministry
1Bishop David Oyedepo$150 millionLiving Faith Church Worldwide (Winners Chapel)
2Pastor Enoch Adeboye$65 millionThe Redeemed Christian Church of God (RCCG)
3Pastor Chris Oyakhilome$50 millionChrist Embassy Church
4Pastor David Ibiyeomie$41 millionSalvation Ministries
5Bishop Ayo Oritsejafor$32 millionWord of Life Bible Church
6Pastor Sam Adeyemi$30 millionDaystar Christian Centre
7Pastor Matthew Ashimolowo$15 millionKingsway International Christian Centre (KICC)
8Pastor William Kumuyi$10 millionDeeper Christian Life Ministry
9Apostle Johnson Suleman$10.5 millionOmega Fire Ministries
10Pastor Lazarus Muoka$8 millionLord’s Chosen Charismatic Revival Movement

1. Bishop David Oyedepo – $150 Million 

  • Full Name: David Olaniyi Oyedepo 
  • Born: 27 September 1954  
  • Birthplace: Osogbo, Nigeria  
  • Age: 68 years (as of 2024)  
  • Spouse: Faith Abiola Oyedepo (1982 to present)  
  • Children: Two sons and two daughters  
  • Ministry: Living Faith Church Worldwide (Winners Chapel International)  
  • Businesses: landmark University, Covenant University, Hebron Water Company  
  • Cars: Toyota Land Cruiser, Mercedes-Benz C-Class  
  • Private Jets: Four (Gulfstream I, Gulfstream IV, Bombardier Challenger 604 (N664D), Gulfstream V)

Bishop David Oyedepo is widely recognized as the richest pastor in Nigeria. He founded the Living Faith Church Worldwide, also known as Winners Chapel International, which has branches in over 300 cities globally. 

Oyedepo’s wealth is not just from his ministry; he owns Landmark University and Covenant University, two prominent Nigerian universities. He also has various commercial buildings and properties both in Nigeria and abroad. Bishop David Oyedepo’s net worth is about 150 million dollars and He is also regarded as the richest pastor in the world.

Oyedepo’s extensive collection of cars includes a Toyota Land Cruiser and a Mercedes-Benz C-Class. Remarkably, he owns four private jets, which include a Gulfstream I, Gulfstream IV, Bombardier Challenger 604, and Gulfstream V. 

He also owns a private hangar at the Murtala Muhammed Airport in Lagos. His diverse portfolio and significant investments in education and real estate underscore his financial insight and success.

2. Pastor Enoch Adeboye – $65 Million 

  • Full Name: Enoch Adejare Adeboye  
  • Born: 2 March 1942  
  • Birthplace: Osun, Nigeria  
  • Age: 81 years (as of 2024)  
  • Spouse: Foluke Adeboye (1967 to present)  
  • Children: Three sons and a daughter  
  • Ministry: The Redeemed Christian Church of God (RCCG)  
  • Cars: Rolls-Royce Phantom, Mercedes-Benz, Land Rover Discovery  
  • Private Jets:

Pastor Enoch Adeboye is the General Overseer of the Redeemed Christian Church of God (RCCG), one of the most influential churches in Nigeria with branches in 192 countries worldwide. Adeboye, who was once a Professor of Mathematics at the University of Lagos, joined the ministry in 1973 and succeeded Pastor Josiah Olufemi Akindayomi in 1981.

He is known to have the largest congregation in Africa with over 2 million attendees and controls the largest church in the world. 

Adeboye’s wealth, estimated at $65 million, comes from his numerous investments and his work for God around the world. He drives several luxurious cars, including a Rolls-Royce Phantom, Mercedes-Benz, and Land Rover Discovery. His influence extends beyond the church, with his teachings broadcast on Dove TV and his role as a respected Christian author.

3. Pastor Chris Oyakhilome – $50 Million

  • Full Name: Christian Oyakhilome  
  • Born: 7 December 1963  
  • Birthplace: Edo, Nigeria 
  • Age: 59 years (as of 2024)  
  • Spouse: Anita Oyakhilome (1991–2016)  
  • Children: Two daughters  
  • Ministry: Christ Embassy Church  
  • Organization: LoveWorld USA cable TV channel 
  • Cars: Approximately 30 SUVs, including a Range Rover Sport  

Pastor Chris Oyakhilome is the founder of Christ Embassy Church and the President of Loveworld Incorporated. His ministry began while he was a student at Ambrose Alli University. Today, he is among the richest pastors in the world with an estimated net worth of $50 million.

Oyakhilome owns around 30 SUVs, including a Range Rover Sport, and a private jet. His annual healing school attracts thousands of people from over 70 countries, and he has held some of the largest Christian gatherings in Nigeria, such as the “Good Friday Miracle Night” in 2006, which drew 3.5 million attendees. 

Oyakhilome also runs the Chris Oyakhilome Foundation International, which supports orphaned and needy children across various countries.

4. Pastor David Ibiyeomie – $41 Million

  • Full Name: David Ibiyeomie  
  • Born: 21 October 1962  
  • Age: 60 years (as of 2024)  
  • Birthplace: Bonny Island, Nigeria  
  • Spouse: Peace Ibiyeomie (1996 to present)  
  • Children: One son  
  • Ministry: Salvation Ministries  
  • College: Word of Faith Bible Institute  
  • Cars: Rolls Royce Phantom, Limousine, Range Rover  
  • Private Jet: One

Pastor David Ibiyeomie is the founder of Salvation Ministries, which has more than 30 branches. He is worth around $41 million making him one of most richest and influential pastors in Nigeria. He  owns the Word of Faith Bible Institute. Ibiyeomie has several expensive properties in Lagos and Port Harcourt and recently purchased a private jet for his 55th birthday.

His luxury car collection includes a Rolls Royce Phantom, a Limousine, and a Range Rover. Through his TV programs like “Hour of Salvation” and live services, Ibiyeomie reaches millions of people. 

His ministry began with local TV broadcasts in Port Harcourt and has grown to air on over 40 TV stations worldwide. Ibiyeomie also writes books and hosts an online radio show.

5. Bishop Ayo Oritsejafor – $32 Million

  • Full Name: Ayodele Joseph Oritsegbubemi Oritsejafor  
  • Born: 10 November 1955 
  • Age: 67 years (as of 2024)  
  • Spouse: Helen Oritsejafor (since 1997)  
  • Children: Four (including triplets)  
  • Ministry: Word of Life Bible Church  
  • Cars: Limousine, Toyota Land Cruiser  
  • Private Jet: Bombardier Challenger 601

Bishop Ayo Oritsejafor is the founder of the Word of Life Bible Church and a former President of the Christian Association of Nigeria (CAN). His net worth is estimated at $32 million, making him one of the richest pastors in the world. He owns numerous properties in Nigeria, particularly in Delta and Lagos states.

Oritsejafor’s car collection includes a Limousine and a Toyota Land Cruiser. He also owns a Bombardier Challenger 601 private jet. Oritsejafor has played a significant role in Nigerian Christianity, leading both the Pentecostal Fellowship of Nigeria (PFN) and CAN. 

He uses his wealth for various philanthropic efforts, including scholarships and empowerment programs, though some aspects of his ministry’s financial management have faced scrutiny.

6. Pastor Sam Adeyemi – $30 Million

  • Full Name: Samuel Adeyemi  
  • Born: 3 February 1967  
  • Age: 57 years (as of 2024)  
  • Spouse: Nike Adeyemi  
  • Children: Three  
  • Ministry: Daystar Christian Centre  
  • Businesses: Daystar Leadership Academy  
  • Cars: Mercedes-Benz S350, Lexus LX570

Pastor Sam Adeyemi is the Senior Pastor of Daystar Christian Centre in Lagos, Nigeria. He founded the church in 1995 and the Daystar Leadership Academy in 2002. His net worth is estimated at $30 million. Adeyemi’s teachings are broadcast on Daystar Network Television and Word Network in the United States.

His cars include a Mercedes-Benz S350 and a Lexus LX570. Adeyemi is also an accomplished author, with several best-selling books like “Success is the kind of person you are” and “Tales of Dollar.” 

His ministry emphasizes leadership and personal development, contributing significantly to his financial success and influence as one of the richest pastors in Nigeria and the world at large. 

7. Pastor Matthew Ashimolowo – $15 Million

  • Full Name: Matthew Ashimolowo  
  • Born: 17 March 1952  
  • Age: 72 years (as of 2024)  
  • Spouse: Yemisi Ashimolowo (since 1981)  
  • Children: Two  
  • Ministry: Kingsway International Christian Centre (KICC)  
  • Businesses: Winning Ways program, Christian literature and documentaries  
  • Cars: Range Rover Vogue Sport, Bulletproof Hummer Jeep, Porsche Cayenne, Mercedes-Benz  

Pastor Matthew Ashimolowo is the Senior Pastor of Kingsway International Christian Centre (KICC) based in London. His net worth is about $15 million,  with significant earnings from his media company, which produces Christian literature and documentaries He is also a successful real estate mogul in Nigeria; he owns properties across the country. 

Ashimolowo’s Winning Ways program airs in multiple countries, including the UK, Ghana, Nigeria, and Zimbabwe.

Ashimolowo’s car collection features a Range Rover Vogue Sport, a bulletproof Hummer Jeep, a Porsche Cayenne, and a Mercedes-Benz. He also owns a private jet. 

Despite his substantial wealth, much of Ashimolowo’s income is derived from his businesses rather than direct church contributions. He has successfully leveraged the media to expand his reach and influence.

8. Pastor William Kumuyi – $10 Million

  • Full Name:5th William Folorunsho Kumuyi  
  • Born: 6 June 1941  
  • Age: 82 years (as of 2024)  
  • Spouse: Esther Folashade Kumuyi (since 2010) 
  • Children: Two  
  • Ministry: Deeper Christian Life Ministry  
  • Businesses: Author of several Christian books and devotionals  
  • Cars: Not widely publicized

Pastor William Kumuyi is the founder and General Superintendent of the Deeper Christian Life Ministry located in Gbagada, Lagos, Nigeria. With a net worth of $10 million, Kumuyi is considered one of the richest pastors in the world. He has remained humble and dedicated to his ministry, despite his wealth.

Kumuyi has a Mathematics degree from the University of Ibadan and a postgraduate qualification in Education from the University of Lagos. He started his career as a Mathematics teacher and later taught at the University of Lagos. He founded the Deeper Christian Life Ministry, which began as a Bible study group with 15 students and has grown into a large congregation.

In 2010, after the passing of his first wife, Abiodun Kumuyi, Kumuyi married Esther Folashade Kumuyi. He has two sons from his first marriage. Known for his modest lifestyle, Kumuyi’s wealth is primarily derived from his extensive array of Christian books and devotionals, which has travelled to all part of the world. 

9. Apostle Johnson Suleman – $10.5 Million  

  • Full Name: Johnson Suleman   
  • Ministry: Omega Fire Ministries  
  • Businesses: Various private ventures  
  • Born: 24 March 1971 (age 53 years), Benin City
  • Spouse: Lizzy Johnson Suleman (m. 2004)
  • Children: Divine Johnson-Suleman
  • Cars: Not widely publicized  
  • Private Jet: One  

Apostle Johnson Suleman is the General Overseer of Omega Fire Ministries, which he founded in 2004. His net worth is estimated at $10.5 million. Suleman studied Mass Communication and holds a Doctorate in Philosophy.

Suleman started his ministry after serving as an assistant pastor at the Armor of God Church in Lagos from 1998 to 2004. He claimed to have become a millionaire at the age of 19 by transporting cocoa in trucks from his state to northern Nigeria. 

Suleman owns a private jet and a luxurious home in Edo State, Nigeria. His ministry has grown significantly, with numerous branches and a large number of members. Despite his considerable wealth, details about his personal life and assets, including his car collection, are not widely publicized. He is known for his Charismatic teachings and he recently went through a lot of scandal on social media but he came back strong and renewed. 

10. Pastor Lazarus Muoka – $8 Million

  • Full Name: Lazarus Muoka  
  • Born: Date not widely publicized  
  • Age: Not widely publicized  
  • Birthplace: Mgbidi, Imo State, Nigeria  
  • Spouse: Joy Muoka  
  • Children: Two  
  • Ministry: Lord’s Chosen Charismatic Revival Movement  
  • Businesses: Private businesses, book sales  
  • Cars: Not widely publicized  

Pastor Lazarus Muoka is the General Overseer of the Lord’s Chosen Charismatic Revival Movement, a church known for its miracles, healings, and deliverance messages. With an estimated net worth of $8 million, Muoka is considered one of the richest pastors from the East. 

Despite his wealth, Muoka maintains a relatively low profile regarding his personal life and possessions. He is known to have private businesses and sells numerous books, which contribute to his income.

Muoka is married to Joy Muoka, and they have two children. His ministry has grown significantly over the years, making a considerable impact across Nigeria and beyond.

Conclusion

These pastors have built their wealth through a combination of ministry work, business ventures, and investments. Their influence extends beyond their congregations, impacting education, media, and philanthropy.

While their wealth and lifestyles may attract scrutiny and debate, these pastors continue to play vital roles in their communities and the broader Christian world. Their ministries, often characterized by extensive outreach and charitable efforts, remain central to their identities and legacies.

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