Billionaire Nigerian oil and telecom tycoon, Mike Adenuga, got richer in 2016. According to Forbes…
Top 7 Richest Lawyers In Nigeria.
Top 7 Richest Lawyers In NIGERIA.
While growing up, there were usually three
professions extolled by the average Nigerian parent.
They either wanted their children to be doctors,
engineers or lawyers. Sometimes this dream did not
come to pass.
Why a lawyer? The favorite reasons were and still are:
money, power and the prestige that come with having
a lawyer as a child. Apparently, there is money in the
VICTOREZ MEDIA recently gathered the names and a little
background information on the wealthiest lawyers in
Nigeria. Below are their names according to a website
on law and lawyers in Nigeria known as
1. Tunde Folawiyo
Tunde Folawiyo has been featured on Forbes Magazine
Mr Tijani Babatunde Folawiyo popularly known as
Tunde Folawiyo is a lawyer and a businessman. He is
the managing director of Yinka Folawiyo Group and
director of MTN Nigeria. According to Forbes, he has
an estimated net worth of $650 million.
2. John Olatunde Ayeni
John Olatunde Ayeni is also the chairman of Skye bank and
worth millions of dollars
John Olatunde Ayeni was born on April 4, 1967. He is
a Nigerian lawyer, investor and business magnate. He
holds board positions on companies throughout
In 2011, Ayeni became chairman of Skye Bank, which
was formed in 2005 when five commercial banks
merged to create a new entity with a balance sheet in
excess of ₦1 trillion. He is currently worth about $600
3. Adewumi Ogunsanya SAN
Ogunsanya who is the chairman of Multichoice Nigeria is
also on the board of Heritage Bank
Mr Ogunsanya is a managing partner in the law firm
of Ogunsanya & Ogunsanya and he is one of the newest
senior advocates in Nigeria.
He is also the chairman of several companies like
Smile Nigeria, Trocadero Group of Companies,
Multichoice Nigeria and a host of others.
Mr Ogunsanya who is a board member of Heritage
Bank is reportedly worth over over $250 million.
4. Barrister Jimoh Ibrahim
Jimoh Ibrahim once contested for governor of Ondo state
Jimoh Ibrahim was born on February 24, 1967, same
year as Mr Ayeni. He is a lawyer, politician,
businessman, and philanthropist.
He is the chairman of Global Fleet Group, which
controls such companies as Air Nigeria, NICON
Insurance, Nigeria Reinsurance Corporation, NICON
Luxury Hotel, formerly Le’ Meridien Hotel and about 8
others. He is reportedly worth about $200 million.
5. Aare Afe Babalola
Aare Afe Babalola is the founder of one of Nigeria’s most
popular universities named after him
Afe Babalola SAN, OFR, CON, born 1929, is the
founding partner of Afe Babalola & Co (Emmanuel
Chambers), one of the largest law firms in Nigeria.
He is also the founder of the popular Afe Babalola
University. He has an estimated net worth of $150
6. Wole Olanipekun
Wole Olanipekun was once the president of the Nigerian Bar
Mr Wole Olanipekun SAN, is a former President of the
Nigerian Bar Association (NBA) in 2002 and the
managing partner of Wole Olanipekun & Co, a firm he
With litigation costs running into several millions of
dollars, Mr. Olanipekun is worth an estimated $122
7. Gbenga Oyebode MFR
Gbenga Oyebode who holds a minority share in MTN is a
Gbenga Oyebode is a founder and managing partner of
Aluko & Oyebode who also owns a minority
shareholding in MTN Nigeria, and sits on the
He has an estimated net worth of $120 million and was
the former chairman of Access Bank PLC and the
current chairman of Okomu Oil and Crusade
What do you think about this list??