Top 10 Richest Politicians In Edo State

Hello my people! Gather round, because today we’re diving into something very spicy and highly requested—the top 10 richest politicians in Edo State as of 2025.

Now, let’s be honest. In Nigeria, politics is not just about governance. It’s also about influence, networks, and—let’s not kid ourselves—money, plenty of money! Whether you’re in Lagos, Kaduna, or Calabar, you’ve probably asked this question before: “How rich are these politicians really?” And for my dear Edo brothers and sisters, that question hits differently. Edo is not just rich in culture, it’s home to some of the most powerful and wealthy individuals Nigeria has ever known.

So, put on your thinking cap, grab some popcorn (or groundnuts, if that’s your vibe), and follow me as we journey through the elite corridors of Edo’s political and financial powerhouses.

🥇1. Adams Oshiomhole – Estimated Net Worth: $200 Million

First on our list, no drum roll needed, is Comrade Adams Oshiomhole. If you’re from Edo and you don’t know Oshiomhole, you need to renew your Edo ID card immediately. This man moved from being a union leader with the Nigerian Labour Congress to becoming the Governor of Edo State (2008–2016), then the APC National Chairman, and even a Senator.

The man is a political bulldozer, full of charisma, energy, and sharp political wit. But make no mistake, behind that trademark safari suit lies a fat wallet.

Where’s the money coming from?

• Political deals and party positions (don’t underestimate party chairman money)

• Investments in real estate, especially in Abuja and Benin

• Speaking engagements and private consulting

Let’s just say if politics were a sport, Oshiomhole would be both captain and coach. And with a bank balance reflecting decades of smart moves, his name comfortably leads this list.

🥈2. Osagie Ize-Iyamu – Estimated Net Worth: $160 Million

Coming up next is a man who has made multiple attempts to be Edo’s governor but has never lost relevance—Osagie Ize-Iyamu. He’s like that one guy in a WhatsApp group who always has something important to say—respected, strategic, and never quiet for long.

With a background in law, religion, and politics, Ize-Iyamu’s wealth comes from a mix of things:

• A thriving legal practice that’s been around for decades

• Vast farmland and agricultural investments

• Political consultancy and campaign strategy

While he hasn’t (yet) worn the governor’s crown, don’t cry for him—his financial fortress is solid. They say real kings don’t need thrones; sometimes, they sit on land documents.

🥉3. Lucky Igbinedion – Estimated Net Worth: $180 Million

Now let’s talk about Lucky Lucky—yes, that’s what some call him because, well, his life has been one of golden opportunities. The former Governor of Edo State (1999–2007), Lucky is the son of Chief Gabriel Igbinedion, one of Nigeria’s oldest billionaires.

Lucky had a head start, no doubt. But he also expanded the empire:

• He owns hotels, real estate, and oil servicing companies

• He has stakes in transportation and banking

• He’s the heir to a massive family fortune

Say what you will, the man has lived a truly “lucky” life, one filled with power, privilege, and wealth. But hey, if you’re born into money and still make more, that’s a skill.

4. John Osamede Adun – Estimated Net Worth: $120 Million

Now, this is the guy behind the curtains, the political godfather type. John Adun, popularly known as “Baba John”, is a transport magnate and grassroots mobilizer in Edo State. While he may not be in your daily news feed, best believe he’s pulling strings where it matters.

He built his fortune from:

• Transport and logistics businesses

• Real estate in Edo and beyond

• Political campaign financing

His influence is quiet but powerful. They say when Baba John coughs, some politicians catch a cold. Wealth and political relevance? He has both.

5. Mike Oghiadomhe – Estimated Net Worth: $100 Million

Let’s talk about Dr. Mike, a seasoned politician who once served as Deputy Governor of Edo State and later as Chief of Staff to President Goodluck Jonathan. That’s a lot of national exposure—and access to opportunities.

He’s a man of few words but plenty of business sense, with wealth from:

• Oil and gas ventures

• Real estate

• Government consulting contracts

Oghiadomhe keeps a low profile, but his bank account doesn’t. His estate in Abuja is a sight to behold, and his cars? Well, they’re not exactly Uber-grade.

6. Godwin Obaseki – Estimated Net Worth: $90 Million

Our current Governor of Edo State, Mr. Godwin Obaseki, is a man of class, calm demeanor, and strategic thinking. Long before he entered politics, Obaseki was already a millionaire, having made a name in investment banking and finance.

His sources of wealth include:

• Founding and leading Afrinvest (a major investment firm)

• Property investments and land holdings

• Tech and capital market interests

While others stormed into politics for wealth, Obaseki brought his own money along. He’s proof that you can be rich before running for office—and still become richer.

7. Mitchell Elegbe – Estimated Net Worth: $150 Million

Now, this is a name that shakes the tech world. Mitchell Elegbe is not your typical politician. He’s the founder of Interswitch, the fintech giant that revolutionized electronic payments in Nigeria.

So why is he on this list? Because politics isn’t always about running for office. Influence, policy advocacy, and economic leadership are also political acts.

His wealth comes from:

• Fintech (Interswitch is worth over a billion dollars)

• Private equity and venture capital

• Digital transformation consulting

If Oshiomhole represents old-school politics, Mitchell is the tech-political bridge to the future. And guess what? He’s proudly Edo-born.

8. Oserheimen Osunbor – Estimated Net Worth: $75 Million

Professor Oserheimen Osunbor is the epitome of brains and power. A lawyer, academic, and politician, he served as a Senator and briefly as Governor of Edo State before political turbulence cut his tenure short.

His wealth is quiet but respectable:

• Academic publishing and consulting

• Legal practice

• Political advisory services

He’s the kind of man who quotes the constitution at dinner. But trust me, when it comes to cash, he’s not missing out.

9. Chief Gabriel Igbinedion – Estimated Net Worth: $250 Million

Yes, you read that right. The Esama of Benin, though not a career politician, is a godfather of sorts in Edo’s political scene. Founder of Igbinedion University, Okada Air, and various businesses, his political weight is legendary.

His money flows from:

• Education, aviation, and media

• Oil and gas

• Real estate and international investments

He’s not just a wealthy man—he’s an institution. His support has made and unmade politicians in Edo. Power, legacy, and wealth—it doesn’t get bigger than this.

10. Pastor Chris Oyakhilome – Estimated Net Worth: $120 Million

You didn’t see that coming, did you? But if we’re talking political influence in Edo, Pastor Chris absolutely deserves a seat at the table. As founder of Christ Embassy (LoveWorld Ministries), he commands spiritual and social influence across Africa.

His wealth comes from:

• Publishing (books, devotionals, music)

• Television and media (LoveWorld TV, Healing Streams)

• Conferences and global ministry events

He may not be involved in direct politics, but when it comes to shaping minds, building communities, and influencing votes indirectly—he’s got serious currency.

💡 What Does This Mean for Edo People?

Now that we’ve counted billions and unboxed these profiles, let’s reflect. What do these men have in common?

1. They diversified early. Law, business, politics, and faith—these men didn’t stick to one path. They branched out.

2. They understood networks. Every one of them leveraged relationships, both home and abroad.

3. They combined influence and investment. They didn’t just hold office; they built business empires.

4. Legacy matters. From the Igbinedions to the Osunbors, we see families that built structures that last.

But here’s the question: with all this wealth and power concentrated in the hands of these few, how is Edo State benefiting? Are they reinvesting in schools, healthcare, and youth employment? Are we seeing roads, ICT centers, and housing from these billionaires?

Some of them have given back. Others? Well… the jury’s still out.

🎯 Final Thoughts: Edo to the World

Edo State is blessed with brains, beauty, and bountiful resources—and clearly, some very wealthy sons of the soil. Whether they made their money in politics, banking, religion, or tech, they all now play a role in shaping Edo’s future.

But as we celebrate their success, let’s also challenge them: more scholarships, more jobs, more visible development. Because the true wealth of any leader is measured not in net worth, but in impact on the people.

So next time you drive past a mansion in GRA or see a luxury convoy fly past you on Airport Road, you just might be looking at one of the men on this list.

And if you’re dreaming of joining them someday, who knows? This could be your own Oshiomhole-to-Obaseki story waiting to unfold.

So, who did we miss? Who would you kick out or move up the list? Let’s argue like family in the comments. I’m waiting for you!