Zamfara State, located in Nigeria's northwestern region, is widely known for its agricultural and mineral resources, particularly gold. While the state has faced numerous developmental and security challenges over the years, it has also produced notable individuals who have accumulated considerable wealth. This wealth is often derived from strategic investments in politics, mining, real estate, agriculture, and public service. In this blog post, we explore the top 10 richest men in Zamfara State who are not only natives but are also alive as of May 2025.
We have based this list on publicly verified reports, professional accomplishments, political relevance, and available data from reputable platforms like Kashgain.net and news sources.
1. Alhaji Mukhtar Shehu Idris
Estimated Net Worth: Undisclosed but substantial
Industries: Politics, Real Estate, Agriculture
Alhaji Mukhtar Shehu Idris is one of Zamfara's most politically influential and financially successful individuals. Born on April 4, 1974, in Tudun Wada, Gusau, he holds degrees in Economics, Banking & Finance, and International Affairs. He served as Commissioner for Finance and Budget before becoming the APC's gubernatorial candidate in 2019. Though his election was annulled, his time in public office and affiliations allowed him to build a robust portfolio in real estate and agriculture, positioning him among Zamfara's wealthiest.
2. Alhaji Bello Matawalle
Estimated Net Worth: $187 million
Industries: Politics, Mining, Real Estate
Born in Maradun, Zamfara State, Bello Matawalle served as Governor of Zamfara from 2019 to 2023 and currently serves as the Minister of State for Defence. His net worth is estimated at $187 million, thanks to investments in gold mining and property. Matawalle capitalized on Zamfara's gold wealth, securing mining licenses and channeling funds into infrastructure and real estate developments. His leadership in both state and federal government roles has made him a key economic force.
3. General Aliyu Mohammed Gusau (Retired)
Estimated Net Worth: Not publicly disclosed
Industries: Oil & Gas, Real Estate, National Security
General Aliyu Gusau, a former National Security Adviser and Minister of Defence, hails from Gusau LGA. With a distinguished military career, he leveraged his national influence into major investments in oil and gas, telecommunications, and high-end real estate. He remains an iconic figure in Zamfara’s elite class due to his vast experience, connections, and wealth accumulated through both public service and private enterprise.
4. Alhaji Sani Abdullahi Shinkafi
Estimated Net Worth: Undisclosed
Industries: Politics, Agriculture, Transportation
Alhaji Sani Abdullahi Shinkafi is a seasoned politician and a former governorship aspirant. He has served as an adviser to past state governors and is recognized for his investments in commercial farming and logistics. A respected advocate for peace and development, Shinkafi combines political strategy with profitable investments in agribusiness and transport.
5. Alhaji Lawal Mohammed Liman
Estimated Net Worth: Undisclosed
Industries: Real Estate, Construction
Liman is a notable figure in the state’s construction and real estate sector. His background in public service and contracts earned through government connections have translated into a sprawling property portfolio. He is known for developing housing estates and managing large construction projects in urban areas like Gusau and Kaura Namoda.
6. Alhaji Muhammad Dan Sadau
Estimated Net Worth: Undisclosed
Industries: Gold Mining, Agriculture
One of the top figures in Zamfara's gold mining sector, Alhaji Muhammad Dan Sadau owns and operates some of the state's largest mining concessions. He has expanded into agriculture, operating mechanized farms and processing units. His dual control of mineral and agricultural wealth makes him a powerful economic player.
7. Hon. Ibrahim Dosara
Estimated Net Worth: Undisclosed
Industries: Transportation, Real Estate
Hon. Ibrahim Dosara, a former legislator, runs a successful transport company providing inter-state and intra-state logistics services. He has invested heavily in commercial real estate, including shopping plazas and office spaces, particularly in Gusau. His influence in both transport and property sectors places him firmly among the state’s richest.
8. Alhaji Lawali Dauda Dan Yakubu
Estimated Net Worth: Undisclosed
Industries: Agribusiness, Livestock, Real Estate
Known for his pioneering work in agricultural development, Lawali Dauda Dan Yakubu operates one of Zamfara's largest integrated farms. He has interests in poultry, dairy production, and crop cultivation. His efforts have also expanded into agricultural real estate and rural development initiatives, significantly boosting his economic footprint.
9. Alhaji Ahmed Gusau
Estimated Net Worth: Undisclosed
Industries: Gold Mining, Construction
A relative of General Aliyu Gusau, Ahmed Gusau has built a legacy through gold mining and construction. He has developed several government buildings and barracks across the state, supported by lucrative contracts. His mining operations yield steady returns, consolidating his status among Zamfara’s wealthy elite.
10. Dr. Dauda Lawal Dare
Estimated Net Worth: Undisclosed
Industries: Banking, Real Estate, Politics
Dr. Dauda Lawal Dare is a former Executive Director at First Bank Nigeria and a major figure in the financial sector. A native of Zamfara, he transitioned from banking to politics, running for governor in 2019. His investments in real estate and microfinance have made him a silent powerhouse in the state’s economy.
Conclusion
Despite socio-economic hurdles, Zamfara State has produced high-achieving individuals whose wealth and influence span multiple industries. From mining and agriculture to politics and finance, these ten men exemplify the economic potential within the state. While not all their fortunes are publicly declared, their investments and influence are visible across Zamfara’s economic landscape. As the state continues to harness its resources and push for development, these figures will undoubtedly play central roles.
