2023 Richest Presidents In Nigeria, Expensive Cars And Net Worth

Nigeria, popularly referred to as the giant of Africa, is the largest country in Africa. Having gained her independence on October 1st, 1960, Nigeria has been ruled by various heads of state, also called Presidents.

Nigerian presidents wield lots of power and they are wealthy too. In fact, being involved in Nigerian politics automatically grants you access to lots of money. Are you curious about the richest presidents in Nigeria this 2021? In this article, carmart.ng answers your curiosity.

Ibrahim Badamasi Babangida Gcfr

Ibrahim Badamasi Babangida is a businessman and politician who served as Nigeria’s military president from August 1985 to August 1993. Born on 17th August 1941, former President Ibrahim Badamasi Babangida is a native of NIger state. He also owns 65% of the London-based Fruitex International Limited in London, and 24% of Nigeria’s second-largest telecom company, Globacom. 

Ibrahim Babangida Net Worth: Ibrahim Babangida is not only famous amongst Nigerians, but he is also wealthy. His net worth is estimated at $5 billion. (₦2.5 trillion).

Ibrahim Babangida CARS:  

• BMW 760LI (₦35.2 million), 
• 2015 Mercedes-Benz S Class (₦33.7 million), 
• Toyota Land Cruiser (₦30.6 million. 

He also flies a Learjet 45 worth ₦594.7 million.

Olusegun Obasanjo

Former President Olusegun Obasanjo is one of the many people who shaped Nigeria’s politics. As an officer of the Nigerian Army, he served in the Congo Crisis and the Nigerian Civil War.  The first, of nine children, Olusegun Obasanjo was born on 5 March 1937 in Ibogun Olaogun, British Nigeria. General Olusegun Obasanjo ruled Nigeria during two different periods. The first was between 1976 and 1979 as the Military Head of State after succeeding Murtala Muhammed who was killed in a deadly coup. His second stint was between 1999 and 2007 in the democratic civilian rule. This brings the total of his ruling days to 11 years. Baba Obasanjo is a member of the People’s Democratic Party (PDP).

Olusegun Obasanjo Net Worth: The former Nigerian president is worth $1.6 billion (₦800 billion)

Olusegun Obasanjo Cars:

• Lexus 570 ( ₦45 million)
• Toyota Land Cruiser (₦45-70)
• Mercedes-Benz S63 Sedan (₦120 million)
• Toyota Highlander 2017 ( ₦90 million.)

Olusegun Obasanjo Net worth, Cars, Houses, And Latest Biography In 2021

Goodluck Ebele Jonathan

Goodluck Ebele Jonathan is a well-known Nigerian politician who served as the President of Nigeria between 2010-2015; before being succeeded by General Muhammadu Buhari. He left an indelible mark on his personality by being the first Nigerian president to concede defeat in the 2015 gubernatorial elections in Nigeria. Good luck Ebele Jonathan didn’t begin his career as a politician. He was the Assistant Director at the now-defunct Oil Mineral Producing Areas Development and Commission, OMPADEC. He also worked as an education inspector and a lecturer.

By diligence and consistency, he rose to become the Head of the Environmental Protection Sub-Department of the Commission, before voluntarily resigning from his appointment in 1998 to take up an active role in Politics. On 29 May 2011, he was sworn in as President, Commander-in-Chief of the Armed Forces of Nigeria, becoming Nigeria’s 14th Head of State. He lost the presidential office to Muhammadu Buhari during the 2015 elections.

Net Worth: Good luck Jonathan is a man of honour and fame. His net worth is estimated at $100 million (₦50billion)

Cars: Seated in his garage is a luxurious fleet of cars some of which are;

• Mercedes Benz S550 (₦150 million)
• Range Rover Sport (₦70 million)
• BMW i3 (₦85 million)

Goodluck Jonathan Net worth, Cars, Houses And Latest Biography

General Muhammadu Buhari

General Muhammadu Buhari currently the President of Nigeria resumed office in 2015.  He previously served as Nigeria’s head of state from December 31, 1983, to August 27, 1985, after taking power in a military coup d’etat. He was born on December 17, 1942, in Daura, Katsina state to a Fulani chief (Hardo Adamu) and was raised by his mother, Zulaihat after the death of his father when he was four years old.

General Muhammadu Buhari had several unsuccessful attempts at becoming the Nigeria President. He finally won the 2015 elections as the presidential candidate of the All Progressive Congress (APC).  He has received numerous awards and medals such as Congo Medal (CM), and Defence Service Medal (DSM). General Service Medal (GSM). Global Seal of Integrity (GSO), Grand Commander of the Federal.

Net Worth: His estimated net worth of $110 million (₦55 billion).

Cars: Being the President, President Buhari has several cars both for official and personal use. Below is the list of cars:

• Bulletproof Mercedes Benz Maybach S600 (₦70 million)
• Mercedes-Benz S 350 (₦60-80 million)