Osun State, located in the heart of southwestern Nigeria, is renowned for its deep cultural heritage, ancient kingdoms, and spiritual significance. From the sacred groves of Osogbo to the royal courts of Ile-Ife, Osun’s history is filled with tradition. But beyond the culture and festivities lies a different kind of legacy — one built on wealth, influence, and enterprise.
This article takes you deep into the lives of the 10 richest men in Osun State as of May 2025. All individuals featured are not only natives of Osun State but are also alive and actively contributing to society. Their wealth stems from a variety of sectors — from oil and gas to religion, politics, entertainment, and manufacturing.
Let’s explore the stories of these prominent Osun-born billionaires and multimillionaires who are shaping Nigeria’s economic and cultural landscape.
1. Dr. Adedeji Adeleke – Estimated Net Worth: $700 Million
Dr. Adedeji Adeleke stands tall as the richest native of Osun State in 2025. A successful businessman and philanthropist, he is the chairman of Pacific Holdings Limited, a conglomerate with interests in logistics, energy, real estate, and finance. He is also the founder of Adeleke University in Ede, his hometown, showcasing his commitment to education and human capital development.
Aside from his corporate success, Dr. Adeleke is widely recognized as the father of global Afrobeats superstar, Davido. Despite the celebrity ties, he maintains a quiet and humble lifestyle, often supporting developmental projects across Osun State.
2. Pastor Enoch Adejare Adeboye – Estimated Net Worth: $100 Million
Born in the small town of Ifewara in Osun State, Pastor E.A. Adeboye is a spiritual titan. He is the General Overseer Emeritus of the Redeemed Christian Church of God (RCCG) — one of the largest Christian denominations in Africa with branches in over 190 countries.
Adeboye’s wealth is largely derived from book sales, international preaching engagements, and real estate tied to RCCG’s massive global infrastructure. He also plays a major role in education through institutions like Redeemer’s University. Pastor Adeboye remains a respected voice in Nigeria’s moral and spiritual development.
3. Governor Ademola Adeleke – Estimated Net Worth: $100 Million
Known for his charismatic personality and love for dancing, Governor Ademola Adeleke is more than a political figure — he is also a successful businessman. Before becoming the Governor of Osun State in 2022, he was an executive director at Pacific Holdings and previously served as a Senator.
As a member of the affluent Adeleke family, he has a stake in numerous ventures, ranging from oil and gas to education. His net worth is estimated at $100 million, making him one of the wealthiest governors in Nigeria.
4. Senator Olusola Adeyeye – Estimated Net Worth: $80 Million
A respected academic and public servant, Professor Olusola Adeyeye hails from Ila Orangun in Osun State. Before venturing into politics, he earned acclaim as a biologist and university professor. He later served in the Nigerian House of Representatives and was Senator for Osun Central.
Adeyeye is also known for his work in the pharmaceutical industry and his role in various educational programs. His combined wealth from public service and private initiatives is estimated at $80 million.
5. Oba Adeyeye Enitan Ogunwusi (Ọjájá II) – Estimated Net Worth: $70 Million
The 51st Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, is one of Nigeria’s most respected traditional rulers. A native of Ile-Ife, the spiritual headquarters of the Yoruba people, he came from a business background in accounting and real estate before ascending the throne in 2015.
The Ooni has used his influence to promote peace, African culture, and youth empowerment. His investments in real estate, tourism, and community development projects account for his estimated $70 million net worth.
6. Pastor William Folorunsho Kumuyi – Estimated Net Worth: $50 Million
Born in Erin-Ijesha, Osun State, Pastor W.F. Kumuyi is the founder and General Superintendent of the Deeper Life Bible Church, a denomination with millions of followers in Nigeria and abroad.
A former lecturer in mathematics at the University of Lagos, Kumuyi has authored best-selling Christian literature and led the construction of a 30,000-seater headquarters church in Lagos. His estimated wealth of $50 million is a result of his spiritual leadership and ministry assets.
7. Senator Iyiola Omisore – Estimated Net Worth: $40 Million
An engineer by training and politician by calling, Iyiola Omisore is a native of Ile-Ife. He served as Deputy Governor of Osun State (1999–2003) and represented Osun East Senatorial District in the Nigerian Senate.
He also owns engineering and consultancy firms, which have executed numerous government projects in Nigeria. His political influence and business dealings combine to place his net worth at around $40 million.
8. Chief Femi Fani-Kayode – Estimated Net Worth: $40 Million
Though born in Lagos, Femi Fani-Kayode traces his roots to Ile-Ife. A lawyer, politician, and public affairs commentator, Fani-Kayode served as Nigeria’s Minister of Aviation and as a spokesperson for several presidential campaigns.
He is known for his luxurious lifestyle, strong opinions, and high-level political connections. His income sources include law practice, consultancy, and royalties from writing. His estimated wealth stands at $40 million.
9. Chief Adebisi Akande – Estimated Net Worth: $35 Million
Chief Adebisi Akande was the first civilian Governor of Osun State (1999–2003) and later served as the interim National Chairman of the All Progressives Congress (APC).
A respected elder statesman, Akande is revered for his simplicity and strategic thinking. Over the decades, he has built a fortune through real estate and strategic political positioning, with a net worth estimated at $35 million.
10. David Adeleke (Davido) – Estimated Net Worth: $30 Million
The youngest on this list but arguably the most internationally recognized, Davido (David Adedeji Adeleke) is a global Afrobeats superstar. Born in Atlanta but originally from Ede, Osun State, Davido has achieved incredible success in the music industry.
With millions of streams, high-paying endorsements, and sold-out tours around the world, Davido also runs a music label — DMW (Davido Music Worldwide). Despite his youth, his fortune already stands at around $30 million.
Final Thoughts
Osun State continues to produce outstanding individuals who have left significant marks in Nigeria and globally. Whether through faith-based institutions, political leadership, entertainment, or business, these 10 richest natives of Osun State have not only amassed wealth but also used their platforms to uplift communities.
Their stories remind us that greatness often begins at home — in small towns like Ifewara, Ila-Orangun, and Ede — and that with determination, strategic thinking, and a bit of luck, incredible success is possible.
As Osun State looks to the future, these men stand as icons of prosperity and legacy.
