It is no longer news that men of God are doing well for themselves financially today. Some of them live very luxurious lifestyles that is comparable with those in the entertainment industry. Some of them drive exotic cars and live in choice properties. One of the reasons why pastors in Nigeria today are so wealthy is that religious bodies in Nigeria do not pay tax. This means that whatever money churches make, they get to keep it all. Nigerian pastors seem to be doing very well for themselves compared to pastors in many other countries as about four to five Nigerian pastors feature in the top ten richest pastors in the world list. So who are the richest pastors in Nigeria as of today? Find out below.
Bishop David Oyedepo
Topping this list is Bishop David Oyedepo of Living Faith World Outreach Ministry also known as Winners Chapel. He is the richest pastor in Nigeria today with a net-worth estimated to be $150 million. He owns Dominion Publishing House, which sells all his books. His church also owns two universities, Covenant University, Landmark University. His church also owns Faith Academy. Bishop Oyedepo owns large estates across Nigeria, fashionable cars and also a private jet. The headquarters of his church is in Otta, Ogun state. The church auditorium is called Faith Tabernacle. It has a capacity of 50,000. The church has branches in over 300 cities spread all over Nigeria as well as several other branches in 45 African nations, Dubai, the United Kingdom and also the United States.
Pastor Chris Oyakhilome
President of The Believer`s World Fellowship and the Christ Embassy Church, Pastor Chris Oyakhilome is the second richest Nigerian pastor with a net-worth of about $50 million. He has been tagged as one of the prosperity preachers as the church often encourages members to sow seeds in the form of money. He makes money from the sales of his books. His ministry holds meetings in both the UK and the US and also has “healing school” sessions in South Africa and Canada. He is also the convener of the Higher Life conferences in Nigeria, Ghana, South Africa, UK, US and Canada. He also runs an International School of Ministry with 5000 ministers from 145 countries attending its Ministers’ Network Conferences held in 2016 in South Africa. He is a known philanthropist.
Pastor Enoch Adejare Adeboye
Pastor Enoch Adejare Adeboye is one of Nigeria’s most respected pastors. Pastor Adeboye is popularly called “Daddy G.O” by members of his church, The Redeemed Christian Church of God. He was appointed General Overseer of The Redeemed Christian Church of God in 1981, taking over from Papa Akindayomi who founded the church. He has led the church to great heights as the church today stands as one of the most populated in Nigeria with several thousands of branches spread all over Nigeria as well as other countries. It is estimated that there are over 14,000 branches of RCCG in Nigeria alone, with branches in 192 countries of the world as well, making the church one of the largest in the world as of today. The vision of the church is to establish a church within five minutes’ distance from every home of every individual in the world. Pastor Adeboye is said to have established an endowment fund for 4 Nigerian universities and also his church runs a private university, Redeemers University to help improve the standard of education in the country. He owns a private jet, one of three Nigerian pastors in that category. His net-worth is estimated to be about $40 million.
Prophet Temitope Babatunde Joshua
Pastor Tb Joshua of The Synagogue Church of All Nations is next. His net-worth of $25 million ranks him 4th. He is a famous man in this land as well as in foreign countries for his prophesies which are known to come to pass most times. He is the founder of Emmanuel TV, Africa’s largest Christian television network. Often, he is described as YouTube`s most famous and popular pastor with well over 400,000 YouTube subscribers. He also has well over 2 million fans on Facebook and he is sometimes described as the Oprah of Evangelism. Forbes ranked him as Nigeria’s third-richest pastor, a claim immediately denied by the Church. He is a recipient of numerous awards including that of Officer of the Order of the Federal Republic (OFR) by the Nigerian government in 2008. He was also voted Yoruba man of the decade by Pan-Yoruba media outlet Irohin-Odua. He is also regarded as one of Africa’s 50 most influential people by Pan-African magazines such as ‘The Africa Report’ and ‘New African Magazine.’ He is a well known philanthropist with his philanthropic activities well documented both in Nigeria and abroad. His church for instance runs a scholarship program which caters for the academic needs of students in their thousands, ranging from primary to tertiary education.
Pastor Matthew Ashimolowo
Pastor Matthew Ashimolowo of Kingsway International Christian Centre popularly known as KICC is 5th on this list. His net-worth is said to be in the region of $20 million. His annual salary as revealed by his church, KICC is £100,000 but the bulk of his money comes from sale of Christian literature and documentaries through his media company, Matthew Ashimolowo media. His Winning Ways programme airs daily on several radio and TV channels globally. The programme runs on Premier Radio (London), Spirit FM (Amsterdam), several TV stations inNigeria, Ghana, Zimbabwe, FaithAfrica (DSTV 341), the Trinity Broadcasting Network (TBN) and Europe on The God Channel and Inspirational Network.
Pastor Ayodele Oritsejafor
Pastor Ayo Oritsejafor popularly called Papa, is the founder of the World of Life Bible Church with its headquarters in the oil-rich Warri, Nigeria. He is a one time President of CAN, the highest Christian body in Nigeria. Pastor Oritsejafor revealed that he became born again in the year 1972 and he claimed he made an oath to become a servant of the Lord Jesus for the rest of his life the same year. He began attending All Nations For Christ Bible Institute located in Benin city but he eventually left the institute to start his own church. He became national President of Pentecostal Fellowship of Nigeria (PFN) in 2005 and held the potion for five years. In 2010, he was elected President of Christian Association of Nigeria (CAN), the highest body of all Christians in the country. In doing so, Pastor Oritsejafor became the first Pentecostal leader to hold the position. He was also the first to launch a Miracle crusade from Africa to a world audience via satellite in the year 1987 with evangelist Joe Martin’s. Papa Ayo Oritsejafor is one of the few pastors in Nigeria that own a private jet. He also has a fleet of exotic cars and real estates. He is involved in several humanitarian efforts along with his wife, Helen. In December 2015, they partnered with Eagle Flight Micro Finance Bank to start an empowerment programme for the people. Ever since then, Pastor Oritsejafor has made it a tradition to empower the less privileged and to alleviate the sufferings of families every December. Pastor Ayo Oritsejafor is said to be currently worth an estimated $15 million.
Pastor Chris Okotie
Musician cum pastor, Rev Chris Okotie is another wealthy Nigerian pastor to the tune of $12 million. His church named ‘Household of God’ is located in the Ikeja area of Lagos. He is said to own several high brow properties in the area as well. The church has a very large congregation with many celebrities and society people identifying as members of the church. Rev Chris was born Christopher Oghenebrorie Okotie in June of 1958, precisely on the 16th. While growing up, Chris loved to sing and while he was in secondary school at Edo College, Benin City, he was a member of the school’s music club where he entertained groups of people. He decided to pursue a music career following the death of his father while he was in his first year in the University. He left school for a while to pursue a career in music but returned quickly. He eventually graduated with a law degree after which he attended the Grace Fellowship Bible School in Tulsa, Oklahoma,. After this, he established the Household of God Ministry in 1987. The church has continued to grow ever since. His net-worth currently is estimated to be about $12 million.
Pastor Gbenga Osho
Pastor Gbenga Osho is the founder of Laughter Foundation Church. His church helps couples conceive which is why he is also known as the father of a million babies. He used to be a pastor for Gospel Faith Mission International before he started his own ministry. He revealed that in 1997, he was told by God that he will start his own ministry, focused majorly on childbearing matters. Since he started his ministry, there are been countless testimonies by people who initially had challenges with childbearing but have conceived through his ministry. His net-worth is about $3.5 million.
Bishop Mike Okonkwo
Bishop Mike is the founder of The Redeemed Evangelic Mission also known as TREM. He was born in Ogbunike, Oyi Local Government Area of Anambra State in 1945. He had his primary education at Salvation Army Primary School Enugu before he relocated to Lagos and completed his primary education at Ijero Baptist Primary School in Ebute Metta, Lagos. He then proceeded to Mayflower College and Merchants of Light Grammar school for his secondary. After completing his secondary education, he got a job with the Nigerian Ports Authority in 1964. After a while, he switched to banking, and worked at African Continental Bank for two years. Bishop. He became born again in the month of November 1970, and in 1972 he became a dedicated member of the United Church of Christ (UCC). He served at UCC until 1980 after which he left and founded TREM which has since grown to become one of the most popular churches in Nigeria with over 180 branches in Nigeria and 10 other countries. He is the Patron and Founder of the Empowerment for the Less Privileged (ELP) Foundation, a non-governmental organisation that is committed to alleviating the plight of the less-privileged in the society. His net-worth is said to be about $3 million.
Lazarus Muoka, the founder and general overseer of the Lord’s Chosen Charismatic Revival Movement is 10th on this list. His church, Lords Chosen Charismatic Revival Movement is one of the fastest growing churches in Nigeria. Born to a Catholic family in Mgbidi, Imo state, he relocated to Lagos after his secondary education. After he got to Lagos, Muoka worked briefly before setting up his own business but not too long afterwards, he decided to dedicate his life to serving to God. This led to the establishment of his church, the Lord`s Chosen Charismatic Revival Movement. He is renowned author of several Christian books and journals. Some of his published books are; How God Called Me, “Mark My Words”, “And Ye Shall Receive Power”, “Ye Must Be Born Again” and Christianity: A Better and Pure Religion. His net-worth is said to be in the region of $3 million.
These are the top ten richest pastors in Nigeria today. They head some of the biggest churches in Nigeria.