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Who Are the Richest Men in Delta State? Top 10 List in 2025

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Group photo of the top 10 richest men in Delta State in 2025, including Benedict Peters, Tony Elumelu, Jim Ovia, Ned Nwoko, and Igho Sanomi, representing leaders in oil, banking, law, and transport, each known for building wealth through business ventures across various Nigerian industries.

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Delta State, one of Nigeria’s oil-rich regions, is home to some of the country’s wealthiest individuals. The richest men in Delta State have built massive fortunes through industries such as oil and gas, banking, real estate, and transport. This article takes a close look at the top 10 richest men from Delta State in 2025, including their estimated net worth, business interests, and local influence.

Top 10 Richest Men in Delta State

The richest men in Delta State have built their fortunes across various sectors. These sectors include energy, banking, transport, real estate, and politics. The men listed here are not just known for their income but also for how they have impacted their local communities and Nigeria as a whole.

Their paths to wealth may differ, yet all of them have made strategic decisions that led to immense financial growth. While Delta leads in oil-driven wealth, it’s also worth comparing which state is the richest in Nigeria to see how others fare.

Let’s explore their profiles.

Benedict Peters – $2.7 Billion

A Force in Oil and Gas

Benedict Peters leads Aiteo Group, one of Nigeria’s biggest energy companies. His journey in oil and gas made him the wealthiest man from Delta State. He is known for large-scale oil exploration and distribution deals.

His investments continue to shape the energy trade within Nigeria and abroad. Despite remaining private in his personal affairs, his public business moves remain widely followed.

Tony Elumelu – $1.98 Billion

Banking and Investment Leadership

Tony Elumelu chairs Heirs Holdings, a company active in energy, finance, and hospitality. He also founded the Tony Elumelu Foundation, which supports young entrepreneurs across Africa.

He previously led UBA (United Bank for Africa), expanding its reach across the continent. Elumelu’s investments continue to generate widespread attention within the business community.

Jim Ovia – $980 Million

Pioneering Nigeria’s Banking Sector

Jim Ovia founded Zenith Bank, one of Nigeria’s top financial institutions. His wealth stems not just from banking, but also from real estate and telecommunications ventures.

Though largely private, he occasionally shares business perspectives through public engagements and publications.

Ned Nwoko – $700 Million

Combining Law, Business, and Politics

Ned Nwoko, a lawyer and former lawmaker, is widely known in Delta State. He hails from a royal family and has made an impact through various legal and entertainment-based initiatives.

He is also known for funding large-scale health and tourism campaigns, especially around malaria eradication.

Igho Sanomi – $900 Million

Trading and Energy Ventures

Igho Sanomi founded Taleveras, an energy trading firm. The company deals in crude oil, power generation, and infrastructure.

He remains one of the youngest entrepreneurs to make an early impact in Nigeria’s oil industry. His roots in Agbor, Delta State, remain a part of his public identity.

Ayiri Emami – $500 Million

Businessman with Traditional Authority

Ayiri Emami is a businessman in the oil and gas industry. He is also a respected figure in Warri, where he holds a traditional title.

Beyond business, he is known for philanthropy and local engagement. His name often appears alongside some of the richest kings in Nigeria due to his influence in traditional leadership.

Onajite Okololo – $210 Million

Oil Sector Investor

Onajite Okololo spent several years in the United States before returning to Nigeria. He co-founded Ocean and Oil Group, which became one of the country’s key players in oil distribution.

His returns on investment have been consistent over the years, especially in the downstream sector.

Godwin Agufore – $200 Million

A Leader in Nigerian Transport

Godwin Agufore built his wealth through GO Agufore Motors. His company became popular for interstate transport and logistics.

Raised in Delta State, his impact on the transport sector continues to be felt across multiple regions in Nigeria.

Pat Utomi – $250 Million

Economist and Entrepreneur

Pat Utomi is an economist and former presidential candidate. He has also advised numerous institutions and private companies.

His work in education and civic leadership has earned him widespread respect. Beyond politics, he continues to lecture and mentor entrepreneurs nationwide.

Emmanuel Emoefe – $100 Million

Real Estate and Construction

Emmanuel Emoefe owns Portplus Limited, a construction and real estate firm. His work has included large-scale projects and private developments throughout the Delta region.

Known for being discreet, Emoefe has quietly built a portfolio that puts him among Delta State’s top earners.

Wrap-Up

Delta State continues to produce individuals with remarkable wealth through business, law, politics, and innovation. While oil and banking remain dominant sectors, others like construction and transport are gaining ground.

This list remains focused on Delta’s current wealth leaders. For comparison, you might also want to explore the richest Igbo men in Nigeria and see how Delta figures compare to those from other regions.

Each person earned their status through planning, effort, and adaptability. Though the rankings may shift, the influence these men have remains clear.

Article updated 23 hours ago. Content is written and modified by multiple authors.

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