Lucky Igbinedion Net Worth

Lucky Igbinedion Net Worth

NetWorth: $500 million
State: Edo state
Born: May 13, 1957
Country Nigeria
Nigerian politician
Last Updated: 2020

How much is Lucky Igbinedion Net Worth?

Lucky Nosakhare Igbinedion (born May 13, 1957 in Nigeria) was from May 29, 1999 to May 29, 2007 Governor of  Edo state. He is a member of the Democratic People’s Party (PDP). Lucky is a son of Gabriel Igbinedion, Esama from the Kingdom of Benin. He holds a BSc in Marketing (1982) from the University of Wyoming in Laramie and an MBA (1983) from Jackson State University in Mississippi (USA).

Chief Igbinedion was appointed Mayor of Oredo Municipality (a local government in Nigeria) in 1987 and held this position until 1989. In 1989, he was voted best mayor in Nigeria and received an award for his development efforts. Lucky Nosakhare Igbinedion was elected Governor of the State of Edo in April 1999 and re-elected in 2003. He and his deputy Mike Oghiadomhe were in office from May 29, 1999 to May 29, 2007.

During his term as governor, he founded the Edo State Polytechnic Usen and was elected by his colleagues to chair the Nigerian Governor Forum.

Lucky is married to Princess (Mrs) Eki Igbinedion. Mrs. Eki was into the royal family of Prince and Princess Oyemarense in the ancient Benin. While abroad, she graduated with a Masters Degree in Economics and Statistics. They are blessed with children – Osasu, Ehi, Azie, Zena, Osaretin and Nosa.

Lucky’s brother Charles, was a Local Government Chairman and one time Edo State Commissioner of Education, while yet another, Peter, was the Managing Director of Nigerian Aviation Authority. His sister, Omosede is in the House of Representatives for Edo State.

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In January 2008, he was declared wanted by the Economic and Financial Crime Commission for 142 financial fraud cases. This concerns allegations that he has embezzled $ 24 million (£ 12 million) using front companies. He vomited later this month. The Benin Youth Council demanded an apology for statements stating that he had fled justice.

Lucky Igbinedion is currently one of the richest and most influential politicians in Nigeria with an estimated net worth of $500 million.