Rivers State Billionaires (2025): The 10 Richest Men In Rivers State

When you hear "Rivers State," what comes to your mind? Port Harcourt? Oil wells? Jollof rice from Genesis Restaurant? That sweet accent? Yes, yes, and yes. But let’s not lie — when it comes to serious cash in Nigeria, Rivers State is one of the heavyweights. Home to massive oil reserves, important maritime routes, political gladiators, and of course, men that have serious money, Rivers State is a land flowing with… not just oil, but money.

So today, my friend, I’m giving you a detailed, no-boring-list look at the richest men in Rivers State in 2025. From oil moguls to financial titans and political powerhouses, these guys are swimming in millions — some even in dollars. Let’s get into it!

Summary Table: Richest Men in Rivers State (2025)

1. Chief Dumo Lulu-Briggs – Estimated Net Worth: $500 Million

Let’s start with the man whose surname alone tells you “old money.” Dumo Lulu-Briggs is the son of the late oil magnate, High Chief O.B. Lulu-Briggs, who was the founder of Moni Pulo Limited — one of Nigeria’s earliest indigenous oil exploration companies.

Now, Dumo didn’t just sit on inheritance like someone who’s waiting for monthly alerts. He took over the family empire and grew it even bigger. Today, he runs DLB Group and Platform Petroleum. Beyond oil and gas, he’s also deep into philanthropy, youth empowerment, politics, and community development. If you’re from Rivers and you’ve not heard of Dumo, are you really from Rivers?

Dumo is also known for his larger-than-life personality, love for culture, and a wardrobe filled with enough native attire to start a boutique.

2. Herbert Wigwe – Estimated Net Worth: $300 Million

Rest in peace to this legend. Herbert Wigwe left this world too soon, but his legacy still speaks volumes — and so does his bank balance (well, estate now). As the former CEO of Access Bank, one of Nigeria’s biggest banks, Wigwe was not just a Rivers man; he was a national icon.

Under his leadership, Access Bank grew from a mid-tier bank to a financial giant. And beyond banking, Herbert invested in education (Wigwe University), real estate, and philanthropy. He was one of the few people who successfully mixed business excellence with social impact.

Honestly, Rivers State lost a gem, but his name will live on — in buildings, institutions, and bank vaults.

3. Nyesom Wike – Estimated Net Worth: $200 Million

Now, let’s enter the political arena. Love him or hate him, Nyesom Wike is a man that doesn’t just command power — he commands money too.

The former governor of Rivers State and current Minister of the Federal Capital Territory (FCT), Wike is known for building roads, constructing bridges, dancing during commissioning ceremonies, and not backing down from any fight — political or otherwise.

But beyond all the drama and politics, Wike has built a solid financial base. His wealth comes from real estate (especially in Abuja and Port Harcourt), investments, and political connections. And yes, the man does not joke with luxury. If you’ve seen his convoy, you’ll understand what I mean.

4. King Edward Asimini Dappa Pepple III – Estimated Net Worth: $190 Million

Let’s add some royalty to this money talk. King Edward is the Amanyanabo of the Bonny Kingdom, and he’s not your regular traditional ruler. In fact, his throne is not just cultural; it’s economic. Why? Because Bonny is a major oil hub.

Through land royalties, oil partnerships, and traditional leadership leverage, King Edward has built a fortune that most monarchs can only dream of. His influence stretches beyond Bonny and into the heart of Nigeria’s oil and gas industry.

He might wear beads and crowns, but his bank balance wears a gold chain.

5. Tonye Cole – Estimated Net Worth: $300 Million

If you're looking for a classic Nigerian entrepreneur with global exposure, Tonye Cole is your man. He co-founded Sahara Group — a giant in the energy sector — and turned it into a multi-billion-dollar enterprise operating in over 30 countries.

Tonye didn’t just stop at making money; he’s also passionate about youth mentorship, education, and public service. He once ran for governor in Rivers State and continues to be active in community initiatives.

He’s that kind of rich uncle who wears jeans, smiles a lot, but owns assets worth hundreds of millions. Soft life, responsible edition.

6. Atedo Peterside – Estimated Net Worth: $120 Million

Atedo Peterside is another Rivers-born billionaire who doesn’t make noise but makes moves. He founded Stanbic IBTC Bank and helped shape Nigeria’s financial services sector.

He’s the kind of man who enters a boardroom and immediately commands respect. Beyond banking, he’s involved in aviation (he owns Anap Jets), policy advocacy, and philanthropy through the Anap Foundation.

If money had a calm, intelligent face — it would look like Atedo.

7. Emmanuel Georgewill – Estimated Net Worth: $100 Million

Not many people talk about Emmanuel Georgewill in the spotlight, but this man is one of Rivers’ silent achievers. He runs Cortech Oil Services, which provides offshore and underwater engineering services to top oil companies in Nigeria.

He’s a technical guru, a job creator, and someone who believes in training young Rivers indigenes to enter the engineering and oil sectors. His wealth is a mix of contracts, strategic partnerships, and sheer brainwork.

This is the kind of person who enters an event, sits quietly, and signs billion-naira deals by dessert.

8. Tein George – Estimated Net Worth: $95 Million

Tein George is an entrepreneur with a flair for both engineering and hospitality. He owns Seametric Engineering and George’s Hotel — one of the finest boutique hotels in Lagos.

His business interests cut across oil servicing, luxury hospitality, and real estate. He’s low-key, classy, and financially sharp. Think of him as the Rivers version of a gentleman billionaire.

9. George Etomi – Estimated Net Worth: $90 Million

George Etomi is what you call a “lawyer’s lawyer.” He’s the founding partner of George Etomi & Partners and has built a legal empire that focuses on corporate law, energy law, and regulatory services.

He also sits on boards of major companies and has been a strong voice in Nigeria’s legal and power sectors. His wealth is not flashy, but it’s deep — the kind that comes with suits, courtrooms, and highly confidential contracts.

10. Tein Jack-Rich – Estimated Net Worth: $90 Million

Tein Jack-Rich is the poster boy for indigenous oil success stories. He founded Belemaoil Producing Limited — the first indigenous company to explore oil in a Niger Delta community.

His company is not just about extracting oil; it’s about giving back. Tein is known for building schools, providing clean water, and improving infrastructure in rural communities. He’s got the money, but also the heart.

And yes, he dresses like a traditional king who has meetings with CEOs. Classic oil-rich Niger Delta vibes.

Honorable Mentions

• Rotimi Amaechi – Former governor, former Minister of Transportation. He has major investments in logistics and real estate.

• Felix Obuah – PDP chieftain and businessman with deep roots in hospitality and oil.

• Magnus Abe – Politician and entrepreneur with interest in agriculture and real estate.

• Anthony Nted – Maritime union leader turned businessman.

• O.C.J. Okocha (SAN) – One of the most respected legal minds in Nigeria.

So, What Can We Learn From All This Money Talk?

First, let’s stop pretending that wealth in Rivers just falls from the sky. Yes, oil money plays a big role, but these men didn’t just sit back and watch the crude flow. They took action — they built companies, negotiated deals, entered politics, used their influence, and in many cases, gave back to their communities.

Whether it’s banking, law, oil, or public service, one thing is clear: to become truly wealthy in Rivers State, you need more than just connections — you need strategy, brains, resilience, and maybe a bit of drama for social media.

Final Thoughts

Rivers State isn’t just about oil spills and political noise — it’s also about visionary leaders, entrepreneurs, and men who have used their resources to shape the state’s future.

Young people, let this inspire you. You may not be drilling oil now, but you can drill knowledge, ideas, and innovation. Who knows? Maybe one day, your name will be on a future list of the richest men in Rivers State.

Until then, keep grinding, keep growing, and don’t forget to give back when you blow.