Wealth Profile Of Winners Chapel
The Living Faith Church Worldwide, commonly known as Winners Chapel, is one of the most prominent and financially empowered churches in Africa and beyond. Founded by Bishop David Oyedepo in 1981, the church has grown from a small fellowship in Kaduna, Nigeria, to a global movement with branches in over 300 cities worldwide, including locations in Europe, North America, Asia, and Africa. More than just a religious institution, Winners Chapel has built a financial and infrastructural empire that demonstrates prudent stewardship, expansive vision, and commitment to societal transformation.
The Foundation and Growth of Winners Chapel
The journey of Winners Chapel began with a vision received by Bishop David Oyedepo in May 1981, in which he saw a mandate to “liberate the world from all oppression of the devil through the preaching of the word of faith.” From its first service at a rented hall in Kaduna, Nigeria, the church experienced exponential growth, necessitating larger spaces and eventually leading to the establishment of its global headquarters known as Canaanland.
Canaanland: The Heart of Winners Chapel’s Wealth
Located in Ota, Ogun State, Nigeria, Canaanland is the nerve center of Winners Chapel’s operations. Spanning nearly 5,000 acres, this sprawling estate is home to the Faith Tabernacle—a 50,000-seat church auditorium that once held the Guinness World Record as the largest church auditorium in the world. The Faith Tabernacle was constructed in less than 12 months and was fully funded by donations from church members.
Beyond the sanctuary, Canaanland features residential quarters, businesses, banks, a power plant, a water treatment facility, schools, and commercial farms. It also hosts the annual Shiloh convention, which draws millions of worshippers from across the globe. The logistics involved in organizing such a massive event underscore the financial and operational capacity of the church.
Real Estate Investments and International Expansion
One of the cornerstones of Winners Chapel’s wealth is its aggressive investment in real estate. The church owns a vast portfolio of properties across major cities in Nigeria and around the world. In the United States, Winners Chapel International owns worship centers in key states like Texas, Maryland, and Georgia. In Minnesota, the church purchased a property in Brooklyn Park for $6.4 million, reflecting its long-term commitment to its international congregations.
In the United Kingdom, the church operates under the World Mission Agency, a registered charity. Properties under this agency are evaluated annually, and the organization maintains full compliance with the UK's Charity Commission, publishing detailed financial statements to ensure transparency.
These real estate investments are not just spiritual outposts; they often serve multi-functional purposes, hosting community services, educational activities, and business ventures. By owning their properties, Winners Chapel minimizes operational costs and establishes long-term financial sustainability.
Educational Investments: Raising a New Generation
Bishop David Oyedepo and Winners Chapel place a significant emphasis on education, evident in their flagship institution, Covenant University. Located within Canaanland, Covenant University is one of Nigeria’s leading private universities and is known for its academic excellence, innovation, and strict adherence to moral standards.
The church also operates Landmark University, as well as several nursery, primary, and secondary schools across Nigeria. These institutions are not only revenue-generating but also play a pivotal role in shaping the next generation of leaders and innovators, in alignment with the church’s philosophy of holistic development.
Healthcare Initiatives and Community Welfare
Winners Chapel has invested in healthcare infrastructure both within and outside Canaanland. The church operates clinics and hospitals that offer affordable and sometimes free healthcare services to members and surrounding communities. During major programs like Shiloh, thousands of attendees benefit from free medical checkups and treatments, provided by volunteer professionals.
The church’s welfare department is also active in distributing food, clothing, and financial aid to the less privileged. These acts of charity are a direct outgrowth of the church’s message of empowerment and community upliftment.
Transparency and Financial Accountability
In regions with strict financial reporting standards, such as the UK and parts of Europe, Winners Chapel has distinguished itself by maintaining transparent financial records. Through its international arms like the World Mission Agency, the church publishes annual financial statements, including balance sheets that outline assets, liabilities, and operational expenditures.
Such transparency has helped build trust among members and the general public. It also reflects a mature governance structure that ensures resources are deployed effectively and ethically.
Embracing Technology and Media
Understanding the power of media in today’s digital age, Winners Chapel has made significant investments in broadcast and digital technologies. The church operates its own television network—Dominion TV—and produces a wide range of digital content, including live-streamed services, devotional materials, and music. Bishop Oyedepo’s teachings are accessible globally via multiple platforms, expanding the church’s reach and influence.
During the COVID-19 pandemic, the church rapidly transitioned to online services, maintaining spiritual engagement while adhering to public health guidelines. The church also has mobile applications that facilitate tithes, offerings, and other contributions, reflecting a tech-savvy approach to church management.
Leadership and Vision of Bishop David Oyedepo
At the helm of Winners Chapel is Bishop David Oyedepo, a charismatic leader, author, and educationist. His leadership is characterized by visionary thinking, discipline, and a deep commitment to the spiritual and physical well-being of his followers. Under his stewardship, the church has not only grown in size but also in influence and financial stability.
Bishop Oyedepo is considered one of the wealthiest and most influential pastors in the world. He is the founder of the David Oyedepo Ministries International, which oversees all the operations of Winners Chapel globally. His personal investments in publishing, education, and real estate mirror the larger financial ecosystem of the church he leads.
Philanthropy and Humanitarian Outreach
Winners Chapel is deeply involved in philanthropy, providing humanitarian assistance both in Nigeria and abroad. The church has responded to natural disasters, poverty, and other social challenges by providing relief materials, building homes for widows, and offering scholarships to indigent students. These programs are funded through a combination of member contributions and church reserves.
In 2024, the church launched new outreach initiatives focusing on rural development, agricultural empowerment, and youth employment. These efforts are designed to tackle systemic poverty and build resilient communities, consistent with the church’s core mission.
Conclusion
The wealth profile of Winners Chapel is a reflection of more than just financial prosperity—it is an embodiment of vision, structure, transparency, and a heart for service. With investments in real estate, education, healthcare, media, and social outreach, the church stands as a model of how faith-based organizations can contribute meaningfully to societal development.
Through its global presence, infrastructural footprint, and spiritual influence, Winners Chapel continues to be a beacon of empowerment and transformation. Its financial strength is not just a testament to generous giving, but also to the effective and ethical management of resources for the advancement of God’s kingdom and the betterment of humanity.
