Times have changed and everything changes with it; before now, going into pastoral ministry was seen as something for the poor, desperate and hungry until very recently when all that turned around with many pastors becoming super rich to the envy of all and sundry in Nigeria. These men of God have become so wealthy that they will give even the top politicians, businessmen and celebrities in the country a run for their money.
In Nigeria today, there are many Shepherds in God’s Vineyard but there are just a few who are very popular, those who hold the power and command the respect of the millions of people under their authority. Some of them are genuine while some are really very controversial but whichever the case, these Ministers of the Lord are super wealthy and live the good life.
Their affluence is very visible, ranging from their dress styles to their ultra-modern multi-million Naira church edifices, to their private jets, houses and cars to mention but a few; these men of God are among the richest and most influential and they also rank as some of the most popular pastors in Africa and the world at large. Their wealth will only continue to increase with the passage of time as long as their congregation keeps multiplying and supporting the ministry financially.
In this article, we will discuss about 10 of the richest Nigerian pastors this 2020. If you think you know who has the most wealth, brace yourself as you will be in for some surprises.
TOP 10 RICHEST PASTORS IN NIGERIA AND THEIR NET WORTH 2020
This is the full list of the richest pastors in Nigeria this 2020. The net worth of these men of God is given in US Dollars.
BISHOP DAVID OYEDEPO – NET WORTH $180 MILLION
Bishop David Oyedepo is the richest pastor in Nigeria currently, with an estimated net worth of about $180 million. He is a charismatic preacher who teaches his followers about Faith. Bishop Oyedepo is the founder of David Oyedepo Ministries International (DOMI).
His Ministry comprises of Living Faith Church Worldwide Inc., a ministry that is popularly known as Winners Chapel which he founded the church in 1983; World Mission Agency (WMA); Dominion Publishing House; and the Social Development Missions projects which is made up of hospitals, maternity homes, schools, to mention but a few.
The Living Faith Church Worldwide Inc. has its International headquarters, the Faith Tabernacle, in Canaan Land, Ota, Ogun State, Nigeria. The Church has its branches in over 300 cities and towns in the country as well as in 45 African nations, Dubai, the United Kingdom and the United States.
Bishop Oyedepo is an architect, an educationist and the author of several best selling religious books in Nigeria currently. Major contributors to his vast wealth are his oiwnership of two of the country’s leading private universities, which are: Covenant University and Landmark University.
He also owns more than one expensive private jets for propagating the gospel and expanding the ministry, and between 1999 – 2004, his 50,000 capacity church headquarters, Faith Tabernacle, was the largest church auditorium in the world.
PASTOR ENOCH ADEBOYE – NET WORTH $150 MILLION
Pastor Enoch Adejire Adeboye is the General Overseer of The Redeemed Christian Church of God (RCCG) Worldwide, a mega Pentecostal church in Nigeria today. The church was founded in 1952 and it is headquartered at 1-5 Redemption Way, Oyingbo, Ebute-Metta, Lagos (formerly 1A, Cemetery Street, Ebute-Metta, Lagos).
Pastor Adeboye is a professor of mathematics at the University of Lagos and he joined RCCG in 1973, becoming an interpreter for the Founder of the church, Pa Josiah Akindayomi, translating the Founder’s messages from Yoruba to English and eventually being ordained a pastor in 1975.
At the death of Pa Akindayomi, Pastor Adeboye succeeded him and has not looked back ever since. From 1981 to date, the RCCG has planted over 2000 parishes in Nigeria with a strong presence in African countries such as C’ote D’Ivoire, Ghana, Zambia, Malawi, The Democratic Republic of Congo, Tanzania, Kenya, Uganda, Gambia, Cameroon, and South Africa.
In Europe, RCCG is spread across England, Germany, and France, while in the United States, they are present in Dallas, Tallahassee, Houston, New York, Washington, and Chicago. The church is also well represented in the Caribbean countries of Haiti and Jamaica, all together, amounting to over 40,000 churches worldwide.
Their Holy Ghost Service, an all night miracle service that holds on the first Friday of every month at the Redemption Camp at KM. 46, Lagos-Ibadan Expressway, Mowe, Ogun State is one of the services that generates huge revenues for the church. The average headcount of those who attend the Service is about 500,000.
The Holy Ghost Service now holds in many other countries of the world which includes the United Kingdom, India, USA, Canada, South Africa, Australia, Dubai, Ghana, the Philippines, etc. Pastor Adeboye is a very humble preacher who has mentored and anointed several other preachers in the ministry in Nigeria today.
Under Pastor Adeboye, the RCCG has grown to own assets such as Redeemers University and Dove TV, a digital satellite TV broadcasting service for the prooagation of the gospel the world over. He also ownd a private jet for mobility in the country and around the world. Pastor Adeboye’s net worth currently is estimated to be around $150 million
PASTOR CHRIS OYAKHILOME – NET WORTH $100 MILLION
Pastor Chris Oyakhilome is the Founder and President of Believers Loveworld Inc., popularly known as Christ Embassy, his net worth is estimated at around $100 million. Pastor Chris is a very charismatic preacher with sound knowledge of the Word of God. He has sometimes come under heavy criticisms on topics like the Coronavirus pandemic and its relationship with the 5G technology which he allegedly said was a grand plan to establish a new world order.
His ministry which was established in 1987 has become a multi-million dollar one that has spread from Nigeria to the ends of the earth and he boasts one of the largest congregations on the African continent. Pastor Chris holds massive teaching and healing crusades such as the Higher Life Conference and Night of Bliss with a congregation of more than 3.5 million in a single night’s event.
His Healing School is another one of his establishments that has helped many people receive healings and miracles through the gifts of the Spirit in operation and this is according to his church’s official website. Pastor Chris owns a network of LoveWorld satellite TV stations in every continent in the world and they are: LoveWorld USA in America, in partnership with Pastor Benny Hinn, a world renowned healing minister and Televangelist; LoveWorld TV in the UK, LoveWorld SAT in South-Africa and LoveWorld PLUS in Nigeria, and LoveWorld India.
He is the converner of “Atmosphere for Miracles”, the owner of International School Of Ministry, the pioneer of the Inner City Mission of Christ Embassy, a ministry to children living in the inner cities of our world, to give them a hope and a future. His ministry also owns LoveWorld Publications and LoveWorld Records that has produced great gospel ministers such as Eben, Sinach and Frank Edwards.
PROPHET T. B. JOSHUA – NET WORTH – $70 MILLION
Prophet T. B. Joshua is one of the most popular Nigerian preachers ever. He is a televangelist and philantropist. His ministry is special in the sense that he is not a regular pastor but a prophet and as such, he occupies the Prophetic office. He has been able to successfully predict certain future occurrences while some of his predictions have come under heavy criticism and scrutiny when they fail to come to pass.
Prophet T. B Joshua is the founder and Spiritual Head of the Synagogue Church of All Nations (SCOAN) which has its headquarters in the Ikotun, Lagos State, Nigeria. His church is very frequented by top government officials in Africa as well as many celebrities and international footballers. He is known as the mentor to presidents and a friend to widows and the less privileged.
The church, when founded, underwent several periods of finacial difficulties but with the passage of time, it has grown to become one of the most affluent in Nigeria, with an architectural masterpiece as its headquarters. Prophet T. B. Joshua’s net worth has been positively impacted in the process. They own the popular satelite TV channel, Emmanuel TV, a faith based satellite television station through which millions of their faithfuls both locally and internationally are reached.
PASTOR PAUL ADEFARASIN – NET WORTH $50 MILLION
Pastor Paul Adefarasin is the Founder and Senior Pastor of House On The Rock Churches, headquartered in Lekki, Lagos State. He is the convener of “The Experience”, the largest Gospel Music Concert in the world featuring great local and international Gospel Ministers which takes place in December of every year as well as “The African Praise Experience” (TAPE) that is organized in July or August every year.
Pastor Adefarasin is a televangelist, an architect as well as an author; he has written many best selling books and his preaching is based on faith and prosperity. He is one of the most respected and most popular preachers in Africa and his fame is also up there on the world stage. This popular man of God is worth an estimated $50 million.
PASTOR MATTHEW ASHIMOLOWO – NET WORTH $25 MILLION
Pastor Matthew Ashimolowo is the founder and senior pastor of Kingsway International Christian Centre (KICC), a mega pentecostal church with headquarters in London, the United Kingdom. The church also has a Nigerian headquarters which is located in Maryland, Lagos.
He started his ministry in 1992, steadily building it to the success that it is today. Pastor Ashimolowo is one of the wealthiest pastors in Nigeria with an estimated net worth of $25 million. According to media sources, his annual salary from ministry at KICC is £100,000.
The majority of his vast wealth comes from the sale of Christian literature and documentaries from his media company, Matthew Ashimolowo media. Pastor Ashimolowo’s Winning Ways programme is aired daily and broadcast to millions of people in Nigeria, Ghana, Zimbabwe, the USA and Europe.
PASTOR AYO ORITSEJAFOR – NET WORTH $20 MILLION
Pastor Ayo Oritsejafor is the founder of Word Of Life Bible Church which is located in Warri, Delta State, Nigeria. He is worth an estimated $20 million. His wealth speaks for itself as it is very noticeable in his dress code. He is one of the very few pastors in Nigeria that are privileged enough to own a private jet and he also has quite a number of luxurious cars in his fleet.
Pastor Oritsejafor was the national president of the Pentecostal Fellowship of Nigeria (PFN) in 2005, and he held that position for five years until he was elected as the President of the Christian Association of Nigeria (CAN), in 2010, the first ever Pentecostal to be so elected. This organization is the all encompassing body of christians in all denominations in Nigeria.
He is the first Nigerian pastor to launch a Miracle crusade from Africa to a world audience via satellite in 1987 with popular evangelist Joe Martins and he has been involved in several humanitarian services, empowering the less privileged in the society in an attempt to alleviate poverty; this is done every december.
PASTOR LAZARUS MUOKA – NET WORTH $15 MILLION
Pastor Lazarus Muoka is the Founder and Senior Pastor of The Lord’s Chosen Charismatic Revival Movement. He has authored several Christian literature. He was born in Mgbidi, Imo State where he grew up, later moving to Lagos in 1975.
His ministry was established in 1994, with the headquarters located at Ijesha on Apapa-Oshodi Expressway in Lagos State and it has since grown into one of the mega pentecostal churches in Africa. Pastor Lazarus Muoka is worth an estimated $15 million.
BISHOP MIKE OKONKWO – NET WORTH $12 MILLION
Bishop Mike Okonkwo is the founder and presiding bishop of The Redeemed Evangelical Mission (TREM). He was a banker before making the switch to ministry. Born in Oyi Local Government Area of Anambra State in 1945, he was raised in Enugu where he attended Salvation Army Primary School before moving to Lagos to complete his primary education at Ijero Baptist Primary School on Ebute-Metta, Lagos.
His secondary education was at Mayflower College and Merchants of Light Grammar School. He was employed at the Nigerian Ports Authority (NPA) in 1964 before going on to work in the banking sector with African Continental Bank for two years.
Bishop Mike Okonkwo became born again in November 1970 and by 1972 he became an active member of the United Church of Christ (UCC) where he worshipped until 1980 when he left the church to found TREM. His church is one of the most popular churches in Nigeria with over 180 branches all together in Nigeria and across 10 countries in the world. He is worth an estimated $12 million.
PASTOR CHRIS OKOTIE – NET WORTH $10 MILLION
Pastor Chris Oghenebrorie Okotie is a former musician, he is an author, a televangelist, a politician and the founder and senior pastor of Household of God Church International Ministries with its headquarters in Ikeja, Lagos State. He founded the church in 1987. His net worth is estimated to be $10 million currently.