Pastor Matthew Ashimolowo, a prominent Nigerian pastor and founder of Kingsway International Christian Centre (KICC), has built a significant business empire over the years, which includes investments in real estate, media, publishing, and hospitality. While details about all his business ventures are not always publicly disclosed, the following are some key areas where he is known to have invested:
1. Kingsway International Christian Centre (KICC)
- Church and Ministry: KICC, one of the largest Pentecostal churches in Europe, is not only a religious organization but also serves as the basis for several business ventures linked to the ministry. The church runs various programs and events that generate income.
- Property Ownership: The church itself owns significant properties, particularly in London, including their large headquarters in the Heart of London. KICC also operates out of a prominent venue known as the KICC Prayer City in Kent, which is used for major church events, conferences, and retreats.
2. Real Estate Investments
- Pastor Ashimolowo has made considerable investments in real estate, particularly in both the UK and Nigeria. He owns several properties, including high-value residential and commercial real estate. Some of these properties are linked to his ministry’s expansion but also for personal and business purposes.
- KICC Property Portfolio: The church itself holds a number of real estate assets for both its activities and other commercial purposes.
3. Media and Publishing
- Kingsway Media: Pastor Ashimolowo is heavily involved in media, including television and radio broadcasts, with KICC running various media platforms, including a TV network, that broadcast his sermons and teachings.
- Books and Publishing: He is an author of numerous books, many of which are sold through KICC’s publishing arm. His works cover topics ranging from leadership and personal growth to Christian living and prosperity.
- Magazine: The KICC Church runs publications such as “The Overcomer Magazine,” which is a Christian magazine, and other related publications.
4. Hospitality and Event Management
- Pastor Ashimolowo is involved in the hospitality sector, leveraging his international network to establish businesses around event management and related services. This includes hosting large-scale conferences and retreats, which generate significant income.
- He has hosted conferences, both in the UK and internationally, that draw large crowds and often feature high-profile international speakers and gospel artists.
5. The Success of His Books and Ministry
- The popularity of Pastor Ashimolowo’s books and his international speaking engagements are also considered part of his broader business portfolio. His teachings on financial prosperity, leadership, and personal development have attracted large audiences, making his ministry profitable beyond traditional offerings.
6. Other Investments
- International Business Ventures: Pastor Ashimolowo has also ventured into several international business opportunities, particularly in Africa. These include investments in sectors such as telecommunications, construction, and agriculture, although details are generally kept private.
7. Personal Wealth
- Pastor Ashimolowo is often mentioned among the wealthiest Nigerian pastors due to his diversified business activities. Reports suggest that much of his wealth is tied to his businesses rather than just donations to his church, with investments in sectors like real estate, media, and more.
Summary of Key Businesses and Properties:
- Kingsway International Christian Centre (KICC) – Large church headquarters, KICC Prayer City in Kent, and other real estate linked to the church.
- Real Estate Investments – Both in the UK and Nigeria.
- Media and Publishing – Kingsway Media, TV networks, books, and publications.
- Hospitality & Event Management – Hosting large conferences and retreats.
- International Business Ventures – Investments in various sectors like telecom, construction, and agriculture.
While Pastor Ashimolowo’s exact portfolio remains partially private, his businesses and assets are diverse and reflect his success in both religious and secular ventures.
