Raymond Dokpesi Net Worth (Updated 2023)

Raymond Dokpesi Net Worth

Raymond Dokpesi’s contributions to the media industry, as well as his business activities, propelled him to financial success. He rose to become one of Nigeria’s most powerful and wealthiest businessmen, with a net worth of $50 million.

Raymond Dokpesi is a well-known businessman and media mogul from Nigeria. He was born in Ibadan, Oyo State, Nigeria on October 25, 1951, and is originally from Agenebode, Edo State. Dokpesi is most known for founding and leading Daar Communications PLC, a media conglomerate that owns and manages several Nigerian television and radio stations.

Raymond Dokpesi Biography & Profile Summary

Name Raymond Dokpesi
Born 25 October 1951 (age 71)
Died May 29, 2023
Place of Death Abuja
Political party People’s Democratic Party
Alma mater University of Gdańsk
Website raymonddokpesi.com


Age of Raymond Dokpesi

At the time, he was 71 years old.

Education and Early Career of Raymond Dokpesi

Dokpesi attended Loyola College in Ibadan for his basic and secondary studies. He pursued his education at Immaculate Conception College (ICC) in Benin City, where he even created a dance/drama ensemble.

Dokpesi graduated from the University of Benin in Edo State with a bachelor’s degree in marine engineering and a master’s degree in marine engineering from the University of Gdansk in Poland. Notably, Alhaji Bamanga Tukur provided financial support for his studies, displaying his confidence in his ability.

Dokpesi’s career in the Nigerian media environment was marked by his insight. He established DAAR Communications, which grew to be a prominent player in the mass media sector.


He founded Africa Independent Television (AIT), Nigeria’s first private television network, under its auspices. This endeavor altered the media landscape of the country.

Dokpesi’s entrepreneurial spirit extended beyond radio. Raypower FM, Nigeria’s first privately owned radio station, and the Nigerian Compass newspaper were both founded by him.

In addition to his media activities, Dokpesi was involved in Nigerian politics. He was a People’s Democratic Party (PDP) activist who held several positions within the party.

Daar Communications Plc and AIT

Daar Communications Plc, a media conglomerate formed by Raymond Dokpesi in 1989, has grown to become one of Nigeria’s top media businesses. Daar Communications owns the Africa Independent Television (AIT) network, one of Nigeria’s biggest private television channels. AIT is well-known for providing comprehensive news coverage, engaging programming, and thought-provoking documentaries.

Family of Raymond Dokpesi

Raymond Dokpesi is a family man, and his family has always been important to him. He is married to Angela Dokpesi, with whom he has several children. Raymond Dokpesi’s children have earned their own names in various fields, carrying on the family tradition of achievement.


Raymond has grown children, one of them is famous: Regina Dokpesi. Regina serves as an on-air personality for DAAR Communications Plc, her father’s Nigerian media company.


Raymond Dokpesi, Chairman of DAAR Communications Plc, has had a wide range of personal experiences and difficulties. He made the mistake of entering polygamy due to internal family disputes, which he now believes to be one of the biggest regrets of his life.

Dokpesi, Tosin
Dokpesi, precious Dokpesi

Dokpesi had previously married various women, and his second marriage was the result of familial issues. He acknowledges that, as a devout Catholic, he did not want polygamy but was compelled to accept it owing to circumstances.

Dokpesi cherishes his first wife, a Polish immigrant, despite his problematic marital status. He had hoped to be with her for the rest of his life. They were physically separated, though, because she was the sole child of her parents in Poland.

Mr. Raymond Dokpesi Philanthropy

Raymond Dokpesi has developed community schools and given promising students scholarships to attend university institutions.

Raymond Dokpesi Criticism and debate

On October 4, 2010, Dokpesi was detained for his alleged involvement in an Abuja vehicle bombing. He was released after nine hours in detention and later sued the country’s secret police for illegal confinement.

On November 11, 2015, Dokpesi delivered a public apology on behalf of the PDP party for Nigeria’s mismanagement under PDP governments.

Make no mistake: the PDP is well aware that errors occurred along the route.” We recognize that we have made mistakes in the past and have fallen short of Nigerians’ expectations at times. We deeply regret this. But that is precisely what history is. We strongly encourage all party members, supporters, and sympathizers to join us in the future.

In addition, he criticised the PDP for picking Jonathan Goodluck as their presidential candidate in the March 2015 elections.

Raymond Dokpesi – COVID-19 Survival and Health Challenges

Raymond Dokpesi has recently dealt with health challenges that have had an influence on both his personal and professional life. He suffered a stroke in 2017, necessitating considerable medical treatment and rehabilitation. In his recuperation, he did, however, demonstrate perseverance and resolve.

In 2020, Dokpesi and certain members of his family tested positive with COVID-19. Despite the virus’s severity, he survived and utilized his ordeal to raise awareness about the pandemic’s consequences.

Cause of Death for Raymond Dokpesi

Dokpesi died while being treated in an Abuja hospital, according to family members. He suffered a stroke after fasting during Ramadan and was in the hospital recovering.

He was electrocuted while utilizing the equipment during a typical gym workout, culminating in a stroke and, regrettably, his death.


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