10 Richest Men in Ekiti State, Ekiti State located in southwestern Nigeria, is home to numerous affluent individuals who span various sectors, including entrepreneurship, politics, law, medicine, and journalism. The wealth is not confined to a single field, and while some sources of their wealth remain private, their financial status makes them notable figures in the state.
This article presents the top ten richest individuals from Ekiti State as of 2025 and their estimated net worth.
List of Top 10 Richest Men in Ekiti State & Net Worth (2025)
- Afe Babalola Net Worth – $680 Million
Afe Babalola is recognized as the richest man in Ekiti State, with a net worth of approximately $680 million. He is a distinguished attorney and senior advocate, known for his law firm and various business ventures, including the establishment of Afe Babalola University. Born on December 30, 1929, Babalola’s educational journey includes degrees from Emmanuel Primary School, Wolsey Hall, Oxford, and the London School of Economics. - Dr. Olukayode Fayemi Net Worth – $300 Million
Currently serving as the Governor of Ekiti State, Dr. Olukayode Fayemi has an estimated net worth of $300 million. He has held office since March 16, 2018, after previously serving from 2010 to 2014. Fayemi, a native of Isan-Ekiti. - Ayodele Fayose Net Worth – $295 Million
Former Governor Ayodele Fayose ranks among the wealthiest politicians in Ekiti. With a net worth of around $295 million, he is recognized for his outspoken nature and significant political influence, having previously served as governor and maintained various business interests. - Olusegun Oni Net Worth – $200 Million
Segun Oni, a former governor of Ekiti State from March 29, 2007, to March 14, 2010, has a net worth estimated at $200 million. An engineer by profession, Oni is currently the Deputy National Chairman South of the All Progressives Congress (APC) and has been involved in various engineering and political activities. - Femi Falana Net Worth – $80 Million
Femi Falana, SAN, is a prominent lawyer and human rights activist with a net worth of approximately $80 million. Known for his legal practice as the Principal Partner at Falana & Falana Chambers, he is also the father of popular artist Falz and has been active in social justice causes throughout his career. - Odunlade Adekola Net Worth – $50 Million
A celebrated Nollywood actor, singer, and filmmaker, Odunlade Adekola has an estimated net worth of $50 million. Originally from Otun Ekiti, he is well-known for his roles in movies and is the founder of Odunlade Adekola Film Production. Additionally, he owns a hotel valued at ₦100 million. - Falz Net Worth – $45 Million
Folarin Falana, known as Falz, is a multi-talented artist and lawyer with a net worth of over $45 million. He has gained fame as a rapper, actor, and philanthropist and owns Bahd Guys Records, an independent record label. - Yinka Ayefele Net Worth – $20 Million
Yinka Ayefele, a renowned music producer and gospel singer, has a net worth estimated at $20 million. Born in Ipoti-Ekiti, he has produced numerous music videos since 1999 and is known for his contributions to the Nigerian music industry. - Abiodun Olujimi Net Worth – $15 Million
Abiodun Olujimi is a notable political figure and senator representing the Ekiti South constituency, with an estimated net worth of $15 million. - Richard Bamisile Net Worth – $10 Million
Richard Olufemi Bamisile, widely known as BAFEM, is a well-known politician and current representative of Ekiti South II Constituency in the Federal House of Representatives. He has an estimated net worth of $10 million.
Other Richest People in Ekiti State
Several other affluent individuals in Ekiti State include:
- Fatimat Olufunke Raji-Rasaki
- Joseph Olurotimi Sanya
- Grace Oladunni Taylor
- Akin Alabi
- Daniel Aladesanmi II
- Tolu Odebiyi
- Robert Adeyinka Adebayo
- Michael Opeyemi Bamidele
- Funmilayo Olayinka
Conclusion
Ekiti State is home to many wealthy individuals, with politicians often leading the ranks of the richest. This list highlights the top ten richest men in the state, showcasing their diverse backgrounds and sources of wealth. The presence of notable personalities from various sectors underscores the economic potential of Ekiti State.
