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Tinubu Vs. Peter Obi Net Worth: Who Is Richer? — Cars They Own

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Tinubu and Peter Obi are wealthy Nigerian men aspiring for the position of Nigerian president in the 2023 election. Despite how wealthy they are, many people are still curious about who amongst them is richer than the other. These two politicians are wealthy in all ramifications. They own large investments and, in every nature, are wealthy enough to sustain the rest of their lives.

In this article, we compare Tinubu and Peter Obi’s net worth to determine which is richer than the other. Keep reading to find out more.

Bola Ahmed Tinubu’s Net Worth

Bola Ahmed Tinubu
Bola Ahmed Tinubu

Bola Ahmed Tinubu is a Nigerian politician who served as the 12th Governor of Lagos State from 1999 to 2007. Before then, he was a member of the House of Senate, representing Lagos West Senatorial District in 1993.

He owns several businesses in Lagos, around Nigeria, and abroad. His net worth is currently valued at $4 Billion and even more. Some of his alleged owned businesses include Lagos Oriental Hotel, TVC Television and Radio, Radio Continental, Ikeja Shopping mall, Oando PLC, and many others businesses.

Bola Ahmed Tinubu Cars

Bola Ahmed Tinubu cars
Bola Ahmed Tinubu cars

In 2018, it was reported that a bullion van conveying money to Tinubu’s residence in Ikoyi, Lagos, was attacked. This does not even give the full depth of Tinubu’s wealth. If Tinubu could afford a bullion van to bring money to his home, imagine the series of cars he has.

However, there’s no knowledge of the number of cars he has. But, these are some of the cars he owns that are of public knowledge.

  • An Armoured Jeep Prado

A brand new Prado SUV costs 25 million Naira, which does not include the cost of the armour. The armour is a customization that costs extra millions of Naira. However, adding the cost of the vehicle and the customization, the vehicle costs around 50 million Naira. 

Bola Ahmed Tinubu Net Worth, Biography, Cars, Houses
Bola Ahmed Tinubu Net Worth, Biography, Cars, Houses
  • Armoured Land Rover

A fully armoured Land Rover SUV costs around $76,000 to $175,000. It also has a V6 engine that produces 254 horsepower on 19-inch wheels.

  • A Mercedes-Benz
  • A Porsche
  • A Luxury Lexus SUV

Peter Obi’s Net Worth

Peter Obi
Peter Obi

Peter Obi is another staunch politician in Nigeria. He first contested for the governorship seat in Anambra State in 2003 under the All Progressive Grand Alliance (APGA). However, his opponent Chris Ngige was declared the winner by INEC. Refusing to accept the verdict, Peter Obi fought the case in court for three years until they declared him the winner and took the governorship seat on 17th March 2006.

In 2010, he contested for a second term as Governor of Anambra State. He won the election, defeating his opponent Professor Charles Soludo, former CBN governor. After four years, he handed over to Willie Obiano in 2014.

In 2019, he was Atiku Abubakar’s running mate for the 2019 presidential election under the People’s Democratic Party. Unfortunately, he lost to the incumbent President, Muhammadu Buhari.

As a Governor, he won several awards and got several recognitions that followed through even when he left office. 

Peter Obi’s Cars


A man as wealthy and influential as Peter Obi can afford to buy as many luxury cars as possible. During his tenure as Governor, it is reported that he rode in a convoy containing exotic and luxurious cars. Possible luxurious cars in Peter Obi’s garage include:

  • Mercedes Benz C63

This is a vehicle Peter Obi drives for business and political meetings within Nigeria. The car features a SiriusXM satellite radio with a six-month trial, Andriod Auto, Apple CarPlay, and Bluetooth audio streaming. The car’s price is scheduled at 65 million Naira.

  • Lexus LX 570

The Lexus is characterized by producing quality cars built for the best performance and comfort. With a 5.7-litre V8 that generates 403 lb-ft of torque, Lexus LX 570 is one of the toughest models of the Lexus car brand. The car’s cost is approximately 75 million Naira.

  • Toyota Land Cruiser

Who Is Richer?: Peter Obi Or Tinubu?

 Peter Obi Or Tinubu
Peter Obi Or Tinubu

The net worth show of Bola Ahmed Tinubu shows that he is richer than Peter Obi. Especially in terms of properties owned, houses, and vehicles. On the other hand, Peter Obi has a lot of investments, some notable properties, and a fat net worth. But, they are not to be compared with Tinubu’s net worth.

Currently, Tinubu’s net worth is valued at $4 Billion, whereas Peter Obi’s net worth is valued at $10 million. That’s a huge net worth gap between both parties. However, Peter Obi has never been associated with any financial irregularities from his time in office till this moment. Instead, he is the only Anambra state Governor who built wealth for the Anambra State government even before leaving office.

The articles published by the Carmart team are a well-researched and informative collection of content contributed by the entire team of Carmart Nigeria. This content spectrum covers a wide range of topics in the automotive sector, including press releases, formal announcements, celebrity cars, new car releases, African car posts, car maintenance tips, safety tips, and much more. Carmart.ng is a blog that focuses on vehicle news in Nigeria. The blog covers a variety of topics such as car reviews, industry news, buying guides, maintenance tips, and automotive technology updates. These blogs can be a valuable resource for car enthusiasts, buyers, and anyone interested in staying up-to-date with the latest trends in the automotive world.

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