Ned Nwoko Net Worth, Biography, Age, Wives – Source of Wealth

Ned Nwoko is a wealthy Nigerian politician, Philanthropist, and successful businessman who is always in the news.

Whether it’s splurging on his wives or buying a new luxury collection, Ned never shies away from spending his money publicly.

In this article, we’ll look into the billionaire’s life and take a look at his journey from being a law student in the United Kingdom to becoming one of the wealthiest men in Nigeria.

Profile Summary

Biography

Prince Chinedu Munir Ned Nwoko was born into the royal family of the Nwoko’s of Idumuje Ugboko Kingdom in Aniocha North LGA, Delta State, Nigeria on the 21st of December, 1960.

He started his high school education in Nigeria before moving to the United Kingdom to study Law and History at the University of Keele, Staffordshire, UK.

After getting his first degree, he attended Kings College London, where he obtained an LLM in Maritime and Commercial Law.

With his master’s and bachelor’s degree in hand, he got called to the English bar at Lincoln Inn.

He then proceeded to establish his own Law firm, Ned Nwoko Solicitors in London. He was 24 at the time.

Ned’s Law firm handled cases related to International conflict laws, Matrimonial laws and others.

He moved back to Nigeria at the age of 38 and became a house of rep. member from 1993 to 2003.

He represented Aniocha North-South and Oshimili North-South in Delta State.

Ned Nwoko’s Net Worth

As a successful Nigerian politician, Ned Nwoko has an estimated net worth of $1.2 billion as of 2025. He made his money from various businesses in Nigeria and abroad, investing in properties, real estate, oil and gas, and from politics.

Ned Nwoko’s Sources of Income

Prince Ned Nwoko’s wealth is a combination of his legal expertise, various businesses, and political influence that together made him one of the most affluent Nigerians.

Legal Career

Ned Nwoko studied Law and History at the University of Keele in the United Kingdom before earning an LLM in Maritime and Commercial Law from King’s College, London.

He was called to the English Bar at Lincoln’s Inn, where he began his legal career working with several law firms in the UK and earned in pounds.

Eventually, he founded his own firm, Ned Nwoko Solicitors, which reportedly handled a range of international legal and commercial cases.

Ned Nwoko Solicitors

Through his law firm, Ned Nwoko Solicitors, and his company, Linas International, Nwoko played a major role in uncovering financial discrepancies between Nigeria and its multinational creditors.

His investigations led to the discovery of irregularities in loan repayments, resulting in the refund of the first tranches of the Paris and London Club loans during the Obasanjo administration.

He also took legal action against the Federal Government of Nigeria on behalf of the 774 local government areas, demanding a refund of illegally deducted funds.

The court ruled in his favor, awarding a $3.2 billion judgment for the local governments.

Business Ventures and Investments

Beyond law, Nwoko expanded his interests across multiple sectors. He has major investments in real estate, owning several luxury properties in Nigeria and abroad, including his famous mansion in Delta State.

He also founded Mount Ned Nwoko Resort, a beautiful tourist destination that consists of a museum, farm, zoo, fishponds, poultry and a 9-hole golf course in Delta State.

In addition, many sources claim that he is involved in agriculture, running farms and livestock projects.

Political Career and Influence

Nwoko’s political career further elevated his wealth. He served as a member of the House of Representatives from 1999 to 2003, and later became the Senator representing Delta North.

His political career provided access to strategic networks, business opportunities, and government partnerships that supported his business growth.

Sports University

Nwoko is the founder of Sports University, located at Idumuje ugboko, the first sports University in sub Saharan Africa.

The university which was granted operational license in 2022 by the federal government of Nigeria, through the National Universities Commission NUC, is offering courses in sports and other disciplines and would resume full academic activities soon.

Lifestyle and Assets

Ned Nwoko’s luxury lifestyle reflects his financial success, there’s no denying that the politician has a truckload of money he enjoys spending on a luxurious lifestyle.

Ned Nwoko’s luxury lifestyle reflects his financial success. He owns a Falcon 7X private jet, multiple estates, and one of the biggest mansions in Idumuje-Ugboko, which has a swimming pool, tennis courts, and a private zoo

Houses, Cars and other Properties

In his hometown in Idumuje-Ugboko, Niger Delta, Ned built a one-of-a-kind mansion which has a tennis court, private zoo, and a large swimming pool.

He owns a Falcon 7X private jet, multiple estates and houses in other countries like the United Kingdom and America.

When it comes to cars, Ned Nwoko has one of the coolest car collections in Nigeria. He owns a Rolls Royce, Ferrari, Benz, and many other expensive cars.

Philanthropy

Here are some of his philantrophic works over the years:

Ned Nwoko Foundation

Through the Prince Ned Nwoko Foundation, he supports education, youth empowerment, and community development across Delta State and beyond.

In 2019, he donated N100 million (approximately $273,000) for the rehabilitation of failed road sections linking Southeastern Nigeria to Abuja.

Malaria eradication advocacy

Nwoko is a strong advocate of Malaria eradication in Africa. He is the initiator of the Ned Nwoko Malaria Eradication Project. He flagged off the Ned Nwoko Malaria

Eradication campaign via a symbolic expedition to the Antarctica in January 2020. The Foundation is supporting the existing efforts of vaccine development by funding a research for the anti-malaria vaccine through a partnership with leading universities in Africa and other research establishments.

Controversy and Challenges

Marriage and breakup with Regina Daniels

Ned Nwoko’s marriage to Nollywood actress Regina Daniels in 2019 has been one of the biggest controversies about the senator’s life.

The major reason was the large age difference between them, Ned was in his late fifties while Regina was just about 19.

Many Nigerians believed that Regina only married him because of his wealth. Her mother, Rita Daniels, was also accused of arranging the marriage for financial gains.

Soon after the wedding, rumors began to spread that Regina had been initiated into a spiritual cult to stop her from cheating on Ned.

She later explained that it was simply a traditional rite for married women in her husband’s hometown, not anything fetish.

However their marriage hit the rock on October 18 2025 after a video of Regina Daniels accusing Ned Nwoko of domestic abuse went viral, the scene was very chaotic with shot fired in the air.

In her defence, Regina’s brother called out the senator accusing him of physical abuse and allegedly sending thugs after the actress.

Senator Ned Nwoko would then break his silence in a lengthy instagram post, revealing that Regina Daniels had become a chronic alcohol and drug addict, who has refused to go for rehab.

He also alleged that Regina had abondoned their sick son Munir and physically assaulted her domestic staff while destroying properties in his house including the windscreen of his Ferarri.

The event has ignited heated debate on social media. While many support the actress decision to speak out, many have equally criticized and mocked her.

Chika Ike Pregnancy Rumors

In early 2024, actress Chika Ike was rumored to be pregnant for Ned, with claims that he intended to make her his seventh wife.

The story went viral after Chika announced her pregnancy on social media, and intensified when Regina Daniels briefly deactivated her Instagram account.

However, Chika Ike quickly denied the rumors, calling them “false and baseless.” She clarified that her pregnancy had nothing to do with the politician.

Social Media Backlash

Nwoko’s wife, Regina Daniels, often attracts attention for her social media content. One notable incident occurred when she posted a controversial TikTok video filmed in a bathroom with her husband.

In the clip, Nwoko was seen entering the restroom while Regina recorded, covering his body with her own and the word “mine” written across the screen.

What stirred controversy was the background soundtrack, which contained lyrics saying: “kill your husband, make your life better, If you kill your husband, you no go suffer.”

The video quickly went viral, with many people accusing her of disrespecting her husband.

Regina later explained that it was a harmless trend and that Nwoko himself was aware of the recording.

Personal Life

Ned Nwoko is a proud polygamist and has been open about his traditional beliefs regarding marriage.

He is married to several wives and reportedly has 19 to 21 children. His wives are from different parts of the world, from Nigeria to Morocco and the UK.

Among them are: Lily Nwoko (first wife) Laila Charani (fourth wife), Lina Nwoko (fifth wife) and Nollywood actress Regina Daniels, who became his sixth wife in 2019.

Ned Nwoko is known for showering her with lavish gifts. He has bought her luxury cars, a house in GRA Asaba, and even replaced her stolen Rolex with a new one.

He once made headlines for crediting her with N100,000 worth of airtime. The couple frequently travel together on his private jet, often between their homes in Abuja, Asaba, and Dubai.

Ned has explained that his wives live peacefully because he ensures fairness among them. He frequently shares photos of his wives and children on trips and family occasions.

In interviews, Nwoko has also described himself as disciplined and spiritual, revealing that he does not drink alcohol or eat meat.

Conclusion

Prince Ned Nwoko lives a successful life. He built his wealth through his passions, while maintaining strong ties to his royal roots.

Despite public attention on his polygamous lifestyle, he continues to focus on his family, philanthropy, and development projects in Nigeria.