8 Black Pastors Whose Net Worth is 200 Times Greater Than Folks in Their Local Communities

Chris Oyakhilome

Christian Oyakhilome

Nigerian Chris Oyakhilome has a net worth of $50 million. He preaches at Christ Embassy in Lagos, Nigeria, a   mega-church that boasts more than 40,000 members, several of whom are successful business executives and politicians.

Oyakhilome accumulates his wealth through his businesses, which include newspapers, magazines, a television station, a record label, satellite TV, hotels and extensive real estate.

In Nigeria, where 54.98 percent of citizens live below poverty level, the median income is under $2 a day.

Still independent.

We hope this story was worth your time. For over 14 years, Atlanta Black Star has stayed Black-owned and independently run. We didn't get here by waiting on ad budgets that were never built to prioritize us. Our readers did that.

Corporate support for Black media has always been thin. Outlets like ours get roughly 1% of the $170 billion spent on U.S. advertising each year, and that margin is shrinking further as advertisers walk back the DEI-linked commitments they made in 2020. That's the backdrop. It's not why we're asking.

The wider picture isn't any steadier. Newspaper ad revenue has fallen more than 80% since 2005, and local newsrooms are closing at a rate of roughly two a week nationwide. When outlets go under, it's rarely the ones built to center a Black perspective from the ground up that get to stick around.

We know a request for support isn't why you came here. But without readers choosing to fund this work directly, the depth of reporting we can do at home and abroad shrinks along with everyone else's. If you're not in a position to give, that doesn't change how much we value you as a reader.

If you are able to, a recurring contribution does more for us than a single one-time gift, because it lets us plan the next investigation instead of just the next invoice. It takes about 30 seconds, no long form, no account. Thank you for continuing to support independent journalism and freedom of the press.

Back to top