Top 10 Richest Men in Taraba State 2025 and Their Net Worth Revealed

Taraba State, located in the northeastern part of Nigeria, is known for its rich agricultural land, beautiful landscapes, and growing commercial activities. Over the years, the state has produced several wealthy businessmen, politicians, and entrepreneurs who have built impressive fortunes from various industries.

In this article, we will explore the top 10 richest men in Taraba State 2025 and their net worth revealed, how they earned their wealth, and the sectors they dominate. If you are interested in knowing who holds the biggest financial influence in Taraba, this guide will provide all the details you need.

1. Theophilus Danjuma – Business Magnate and Philanthropist ($1.8 Billion)

General Theophilus Yakubu Danjuma is the richest man in Taraba State and one of the wealthiest individuals in Nigeria with an estimated net worth of $1.8 billion.

How He Made His Wealth

• Oil and Gas: Founder of South Atlantic Petroleum (SAPETRO), an oil exploration company.

• Investments: Strategic stakes in various multinational corporations.

• Real Estate: Ownership of luxury properties in Nigeria and abroad.

Contributions to Taraba State

Danjuma is also a major philanthropist who funds educational institutions, hospitals, and community development projects across Taraba State.

2. David Sabo Kente – Businessman and Politician ($500 Million)

David Sabo Kente is one of Taraba State’s most prominent businessmen with a net worth of $500 million.

Sources of Wealth

• Construction: Owns DS Kente Construction Company, one of the biggest construction firms in northern Nigeria.

• Hospitality: Large investments in hotels and resorts in Taraba and Abuja.

• Politics: His influence in politics has boosted his business growth.

Kente is also a philanthropist, supporting educational scholarships and health projects across the state.

3. Darius Ishaku – Former Governor and Architect ($400 Million)

Darius Ishaku, a former Governor of Taraba State, has built an estimated net worth of $400 million.

Wealth Sources

• Politics: Years in public service and political positions have boosted his fortune.

• Real Estate: Investment in residential estates and commercial properties.

• Architecture: Background in architecture and construction contracts.

4. Emmanuel Bwacha – Businessman and Politician ($350 Million)

Emmanuel Bwacha is a businessman and senator from Taraba State with an estimated net worth of $350 million.

Key Investments

• Agriculture: Large-scale farming of crops and livestock.

• Politics: Long years in political office have helped grow his wealth.

• Real Estate: Residential properties across Taraba, Abuja, and Lagos.

5. Haruna Manu – Entrepreneur and Politician ($300 Million)

Haruna Manu, a well-known politician and businessman, has a net worth of about $300 million.

Sources of Wealth

• Politics: Served in various government positions, including deputy governor.

• Transport and Logistics: Owns a logistics company servicing the northern region.

• Agriculture: Large investments in rice and maize farming.

6. Victor Bala Kona – Construction and Real Estate Mogul ($280 Million)

Victor Bala Kona is another wealthy Taraba businessman with a net worth of $280 million.

Main Businesses

• Construction: Contracts for roads, schools, and public buildings.

• Real Estate: Development of estates and commercial properties.

• Agriculture: Investments in ranching and mechanized farming.

7. Jeremiah Faruna – Oil and Hospitality Investor ($250 Million)

Jeremiah Faruna has investments in multiple sectors and a net worth of $250 million.

Wealth Sources

• Oil and Gas: Stake in petroleum distribution companies.

• Hospitality: Hotels and lodges across Taraba State.

• Import/Export: Trading in agricultural produce.

8. Adamu Danjuma – Agriculture and Trading Tycoon ($220 Million)

Adamu Danjuma is an influential businessman in the state with a net worth of $220 million.

Key Ventures

• Agriculture: Owns large farmlands producing rice, cassava, and yams.

• Trade: Engages in import and export of agricultural products.

• Real Estate: Residential and commercial property developments.

9. Kefas Agbu – Businessman and Political Leader ($200 Million)

Kefas Agbu, a political leader and entrepreneur, is worth about $200 million.

Main Wealth Streams

• Politics: Years of political involvement have grown his fortune.

• Construction: Contracts for government buildings and roads.

• Real Estate: Expansive property portfolio across Nigeria.

10. Philip Tumba – Investor and Industrialist ($180 Million)

Philip Tumba closes the list with a net worth of $180 million.

Sources of Wealth

• Industry: Ownership of small manufacturing plants in Taraba.

• Agriculture: Mechanized farms producing cereals and livestock.

• Real Estate: Rental properties and estates.

Summary Table of the Top 10 Richest Men in Taraba State

Frequently Asked Questions (FAQs)

1. Who is the richest man in Taraba State?

Theophilus Danjuma is the richest man in Taraba State with a net worth of $1.8 billion.

2. Which industries are most profitable in Taraba State?

Agriculture, oil and gas, real estate, and construction are the most lucrative industries in the state.

3. Do these billionaires invest in Taraba State?

Yes, most of them invest heavily in agriculture, real estate, hospitality, and community development projects.

4. How did Theophilus Danjuma become so wealthy?

Through oil and gas investments, real estate, and stakes in multinational corporations.

5. Are there young entrepreneurs in Taraba becoming wealthy?

Yes, several young entrepreneurs are emerging in agriculture, logistics, and real estate.

6. Which sectors should investors target in Taraba State?

Investors should target agriculture, hospitality, and renewable energy sectors.

7. Are these billionaires involved in politics?

Many of them have political backgrounds or hold influential political positions that have helped their business growth.

8. Do they contribute to job creation?

Yes, their businesses employ thousands of people in Taraba and other parts of Nigeria.

Conclusion

The top 10 richest men in Taraba State 2025 and their net worth revealed shows how wealth in the state is driven by industries such as agriculture, oil and gas, real estate, and politics. These billionaires are not only shaping the economy of Taraba State but also contributing to job creation and community development.

For young Nigerians, their success stories are a motivation to explore the opportunities in Taraba State. With its vast agricultural resources and growing business sector, Taraba remains one of the best places in Nigeria to build wealth.