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Top Three Richest People In Ondo State And Their Net Worth

Posted on August 19, 2021

Author: Tunde Bright Olorungbotemi

Ondo State is a Yoruba state in southwestern Nigeria. Created in February 1976 from the former Western State, Ondo State borders Ekiti State (formally part of the state).

The state’s capital is Akure, the former capital of the ancient Akure Kingdom.

Find out the top three richest people in Ondo state this year. Some of them are in the Forbes ranking in Nigeria, and others are not, but they are all wealthy and successful.

Ondo state richest men are entrepreneurs and professionals are into various businesses.

Every year, the ranking of the richest people changes. Some make more money, while others lose money due to different reasons.

Who are the top three richest people in Ondo state in 2021?

Akure, Ondo state

Ondo state, is the only Yoruba state in the league of 9 oil producing states, otherwise known as Niger Delta state in the country, potential Sea Port and important trade routes.

Find below, the list of top three richest men in Ondo State:

1. Jimoh Ibrahim

Net Worth: 1 Billion USD

Jimoh Ibrahim (Inset)
Jimoh Ibrahim, born April 24, 1967 in Okitipupa is a politician, business man, lawyer and philanthropist.

According to FORBES’ 2021 data, he is worth $1 billion with fleet of expensive cars and many landed properties. In Nigeria, Jimoh is ranked the 7th richest man in the country with the Africa’s richest man, Aliko Dangote maintaining his long term dominance as the richest man in the country.

READ ALSO...  Ondo senator appoints 100 Aides, okays N300k to each constituent
Jimoh Ibrahim

Jimoh Ibrahim is the CEO of Global Fleet Group, a large Conglomerate located in Nigeria with branches in many neighboring countries in West Africa.

2. Oba Frederick Obateru Akinrutan

Net Worth: 500 Million USD

Frederick Akinrutan is the richest Monarch in Nigeria and one of the few to be featured on Forbes list. He is worth $500 million and he owns a custom made Rolls-Royce that the Queen of England used (2012 model).

The elegant king is the Founder of Obat Oil, a top Oil and Gas company with over 50 gas stations across the country.

Oba Frederick Obateru Akinrutan

He is the Olugbo of Ugbo Kingdom in Ilaje local Government area of Ondo state and currently the Chairman, Ondo state Council of Traditional rulers.

The only monarch who is richer than Oba Akinrutan in Africa is King Mohammed VI of Morocco.

3. Mosunmola Abudu (Mo Abudu)

Net Worth: 100 million USD

Mosunmola Abudu, popularly known as Mo Abudu, is a business woman and an Actress born on September 11, 1964 in London. She was born to an Ondo Parents in Hammersmith, West London.

She is a philanthropist, Media mogul and Human Resources consultant who has interests in electronic broadcasting, film production and Content production.

READ ALSO...  'Silence Not An Option' - Gov. Adeleke To Religious Leaders

She won Africa’s foremost storyteller in 2020, nine years before Forbes named her “Africa’s Most Successful Woman” in 2015, Mosunmola Abudu, with no prior TV experience, started Moments With Mo, the first Pan-African talk show born out of the desire to change the global perspective on Africa.

She is tagged by Forbes as ‘Africa’s most Successful Woman’ and evaluated as one of the ’25 most powerful women in Global television’ by The Hollywood Reporter. He is worth $100 million.

Mosunmola Abudu (Mo Abudu)

Mo Abudu is a graduate of University of Westminster, London where she graduated with a degree in Human Resources Management.

The people of the state are known Agriculture, Trade and Teaching. It is one of the largest producer of Cocoa in Nigeria.

Ibrahim has kept his place on the list of top Ondo state’s wealthiest people for many years.
Who fascinated you most in this list of the top 3 richest people in Ondo state in 2021?

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