Edo State Billionaires 2025: Top 10 Richest Men In Edo State
Edo State, located in southern Nigeria, is steeped in history, culture, and tradition, being the heartland of the ancient Benin Kingdom. Over the years, Edo has produced remarkable individuals who have played pivotal roles in the state, Nigeria, and even globally. These men have made outstanding contributions to politics, business, the arts, and social development, continuing the legacy of leadership for which Edo is known.
This blog post will highlight ten of the most influential men from Edo State who are still alive and whose impact continues to shape the narrative of the state and the nation at large.
1. Adams Oshiomhole
One of the most recognizable figures in contemporary Nigerian politics, Adams Oshiomhole is a former governor of Edo State and former national chairman of the All Progressives Congress (APC). Born in Iyamho, Etsako West, Oshiomhole rose to prominence through his leadership in the Nigerian labor movement, serving as the President of the Nigeria Labour Congress (NLC) from 1999 to 2007. His background as a trade unionist prepared him for his political career, where he became known as a man of the people.
Oshiomhole served two terms as governor of Edo State from 2008 to 2016. During his tenure, he undertook massive infrastructural reforms, including the building of roads, schools, and hospitals. His leadership style, often described as populist, earned him both admirers and critics. After leaving the governorship, Oshiomhole became the national chairman of the APC, a position in which he wielded significant influence in shaping the national political landscape.
2. Godwin Obaseki
Godwin Obaseki is the current governor of Edo State, having assumed office in 2016. An economist, businessman, and politician, Obaseki’s leadership has been marked by a focus on governance reforms, particularly in areas of public finance, education, healthcare, and infrastructure. Born in Benin City, Obaseki earned degrees in economics and finance from the University of Ibadan and Columbia University in New York.
Before becoming governor, Obaseki worked in the Nigerian financial sector and founded Afrinvest, a leading investment banking firm. His private sector experience has influenced his approach to governance, with an emphasis on transparency, accountability, and efficiency. Obaseki's administration has also focused on job creation, particularly through the Edo Innovation Hub, and expanding educational opportunities through initiatives like the Edo Basic Education Sector Transformation (EdoBEST) program.
3. Chief Gabriel Igbinedion
Chief Gabriel Igbinedion, also known as the "Esama of Benin," is one of Edo State’s most prominent traditional leaders and businessmen. Born in 1934 in Okada, Igbinedion is the patriarch of the Igbinedion family and is renowned for his vast wealth and influence. He is the founder of Igbinedion University, Nigeria's first private university, located in his hometown of Okada.
Chief Igbinedion’s wealth spans various industries, including oil and gas, aviation, real estate, and education. His influence within Edo State and beyond is significant, and he is regarded as a key figure in promoting private enterprise and educational development in Nigeria. His contributions to society, particularly in philanthropy, have earned him widespread recognition, both locally and internationally.
4. Lucky Igbinedion
Lucky Igbinedion is the former governor of Edo State and the eldest son of Chief Gabriel Igbinedion. He served as governor from 1999 to 2007 during the early years of Nigeria’s Fourth Republic. Before his tenure as governor, Lucky Igbinedion served as the chairman of the Oredo Local Government Area.
His tenure as governor saw some developmental strides, particularly in infrastructure, but it was also marred by allegations of corruption, which have continued to cast a shadow over his political career. Nonetheless, Lucky Igbinedion remains an influential figure in Edo State politics and within the Igbinedion family dynasty.
5. Tony Elumelu
Though often associated with Delta State due to his roots, Tony Elumelu, a renowned businessman, economist, and philanthropist, has strong ties to Edo State. Elumelu was born in Jos but has Edo heritage through his mother. He is the chairman of Heirs Holdings, United Bank for Africa (UBA), and Transcorp. As the founder of the Tony Elumelu Foundation, he is committed to empowering young entrepreneurs across Africa through his $100 million entrepreneurship program.
Elumelu’s contributions to the banking and energy sectors have had far-reaching impacts not only in Nigeria but across Africa. His philosophy of “Africapitalism” emphasizes the role of the private sector in driving economic development, and he continues to inspire and support thousands of young Africans in their entrepreneurial endeavors.
6. Prof. Patrick Utomi
Professor Pat Utomi, a political economist and public intellectual, has roots in Edo through his maternal lineage. He co-founded the Lagos Business School and is a consistent voice for policy reform, democratic governance, and youth empowerment in Nigeria.
Though more associated with Delta State by residence, his heritage and national stature make him a prominent Edo-born personality in academia and civic leadership.
7. Clem Agba
Prince Clem Agba is the former Minister of State for Budget and National Planning. A technocrat with experience in Chevron and other private firms, Agba hails from Uzanu in Etsako East.
He is known for his role in national budgeting and planning during his tenure in federal cabinet. Agba remains a respected voice on economic strategy and public sector efficiency.
8. Charles Idahosa
Charles Idahosa is a seasoned Edo politician with decades of service. A former Commissioner and Special Adviser, he has played advisory roles across successive administrations in Edo State.
He is also widely regarded as a political kingmaker and strategist, particularly within the PDP and previously the APC. His enduring influence in Benin politics remains strong.
9. Dr. Osagie Ehanire
Dr. Osagie Ehanire is a trained medical doctor and public health expert who served as Nigeria’s Minister of Health. Born in Benin City, Ehanire is internationally respected for his expertise in healthcare reform, especially during Nigeria’s COVID-19 response.
Before joining government, he worked extensively in Nigeria and Germany. His role in improving Nigeria’s healthcare infrastructure cements his status as a key living figure from Edo State.
10. Pastor Chris Oyakhilome
Pastor Chris Oyakhilome, founder and president of Loveworld Incorporated (also known as Christ Embassy), is one of Nigeria’s most influential religious leaders. Born in Edo State, he has built a global religious empire known for its massive media presence and healing crusades.
His teachings, philanthropic efforts, and impact on Christian broadcasting place him among the most influential living Edolites on the global stage.
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Conclusion
The men listed above represent a diverse array of talents and influences, from politics and governance to business and philanthropy. They reflect the deep-rooted values of leadership, resilience, and community development that are synonymous with Edo State's heritage. Each has carved a niche for himself in his respective field, contributing not only to the growth of Edo State but also to Nigeria and the African continent at large.
These influential individuals continue to inspire new generations, creating a legacy of excellence and service that will shape the future of Edo State for years to come. Their leadership and success are testaments to the rich cultural and intellectual heritage of the Edo people.
