Goodluck Jonathan’s Net Worth: A Trace of How The Former Nigerian President Made His Money

A man of peace and integrity, Goodluck Jonathan is a distinguished Nigerian politician who has respect for rule of law and democratic governance. He is widely known as the peaceful Nigerian ex-president who conceded defeat to Muhammadu Buhari in 2015. Back in 2007, Jonathan declared his assets as a vice-president and it was pegged at ₦295,304,420. He followed the steps of the late Nigerian President Umaru Musa Yar’adua to declare his assets but his net worth has been kept under the radar since then. There is no exact figure the defines Goodluck Jonathan’s net worth as there are many speculations surrounding the actual amount he has.

It is noteworthy that Goodluck Jonathan’s net worth was mainly acquired through politics considering the years he has spent in Nigerian politics. Though his exact net worth is not known, Jonathan has already raked in more money since his days in politics came to an end and has occupied several notable positions since then.

Sources Of Goodluck Jonathan’s Net Worth

After obtaining his West African Examination Council Certificate in 1975, he joined the Department of Custom and Excise and worked as a Preventive officer.

Goodluck Jonathan is not just a politician but also an academician as he served as a classroom teacher in Iresi a community in Oyo, now in Osun. He was appointed as a classroom teacher in 1982 under the Rivers State Civil Service Commission. Following his outstanding performance, he was promoted to the Inspector of Education under the Ministry of Education.

The education guru moved on as a lecturer to Rivers State College of Education, Port Harcourt, Rivers State, carrying out his duties effectively from 1983 to 1993. His outstanding skills spoke for him as he was appointed as a Representative of Congress in the Senior Appointments and Promotion Committee of the College.

With the degrees and certificates acquired, he served in the Oil Minerals Producing Areas Development Commission, a government agency that is no longer active, as the deputy director from 1993 to 1998.

Goodluck Jonathan’s Net Worth

The Ex-president’s High-profile Positions

Leaving the OMPADEC in 1998, Goodluck Ebele Jonathan joined the huge umbrella known as the Peoples Democratic Party (PDP) which saw to his notable position as the Deputy Governor of Bayelsa State. He discharged his duties effectively from 1999 to 2005.

Being a corrupt-free politician, he was sworn in as the Governor of Bayelsa State in 2005, following the impeachment of the then incumbent governor on corruption charges. He then carried out his duties as a governor until the year 2007.

In 2007, Goodluck Jonathan was elected as the Vice President of Nigeria, a position he held until February 2010 when he became the acting president of the Federation following the absence of the then president, Late President Yar’adua due to medical issues. As a vice-president, his annual take-home pay was ₦3,031,572.50, aside from other entitlements.

Goodluck Jonathan was sworn in as the President of the Federal Republic of Nigeria on May 6, 2010, following the death of the president. He served earnestly in the position until 2015 when he lost the presidential election to the incumbent president Muhammadu Buhari which made him the first president to be defeated on the seat. As the president, Goodluck Jonathan pocketed an annual basic salary of ₦3,514,705, as well as other mouth-watering allowances.

A Summary Of Goodluck Jonathan’s Political Positions

  • Deputy Governor of Bayelsa State: 1999-2005
  • Governor of Bayelsa State: 2005-2007
  • Vice President of Nigeria: 2007-2010
  • President Of Nigeria: 2010-2015

Business Investments

Goodluck Jonathan is not just an academician and politician, but also a businessman as he has shares in about 15 companies across Nigeria, as well as a passenger boat which is specifically for hire. These have extremely added to his net worth over the years.

The ex-president has shares in various notable industries in Nigeria such as the banking sector, oil and gas sector, breweries, food and beverages sector, as well as the agro-allied sector.

The Ex-president Was Appointed As The Chairperson Of the International Summit Council for Peace

Goodluck Jonathan is seen to carry out his duties effectively as he was appointed as the honorary special adviser to the Bayelsa Education Trust Fund board in 2019. The appointment was a result of his impact as well as experience in the education sector.

A man of peace and tranquility, Goodluck Jonathan was appointed as the chairperson of the newly inaugurated International Summit Council for Peace (ISPC). This is an association that was established in 2019 by the Universal Peace Federation set apart for the incumbent and former heads of states, as well as their deputies.

Being a man of peace, Goodluck Jonathan was appointed by the President of ECOWAS Jean-Claude Kassi Brou as ECOWAS’s Special Envoy following the sociopolitical crises in Mali in 2020.

Goodluck Jonathan Is The Current Chancellor Of Cavendish University

Having built his profile in the education sector, the ex-president of Nigeria was appointed as the Chancellor of the Cavendish University Uganda in 2021, a private university that was established in 2008. The university ranks as the 20th best university in the country and 10,593rd in the world. Cavendish University is located in Kampala, Uganda.

Quick Rundown Of Goodluck Jonathan’s Achievements

It is noteworthy that this ex-president of Nigeria has been active in politics, recording accomplishments in high-profile positions. Below is a list of his career achievements to date:

  • Goodluck Jonathan joined the Department of Customs and Excise in 1975.
  • He became a classroom teacher under the Rivers State Civil Service Commission in 1982.
  • The politician served as an Education Inspector under Rivers State Ministry of Education.
  • He lectured in the Rivers State College of Education from 1983 to 1993 and was also appointed as a Representative of Congress in the Senior Appointments and Promotion Committee of the College.
  • He became the deputy director of the Oil Minerals Producing Areas Development Commission from 1993 to 1998.
  • He became the deputy governor of Bayelsa State in 1999 and served until 2005.
  • He took over the seat of the Governor of Bayelsa State and served until 2007.
  • The politician attained the seat of vice-president in 2007 and was active until 2010.
  • He took over the seat of the President in May 2010 and discharged his duties effectively until 2015.
  • He joined the Bayelsa Education Trust Fund board in 2019.
  • He was appointed as the chairperson of the newly inaugurated International Summit Council for Peace (ISPC).
  • He was appointed as the ECOWAS’s Special Envoy following the sociopolitical crises in Mali in 2020.
  • Currently, he was appointed as the Chancellor of the Cavendish University Uganda in 2021 and has been in the position to date.
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