Matthew Ashimolowo is one of the prominent figures in the world of religious leadership. A pastor with a thriving career, his role as Senior Pastor of Kingsway International Christian Centre (KICC) in London has led to both spiritual influence and significant wealth.
But what exactly is Matthew Ashimolowo net worth, and how did he achieve his financial status? At PennbookCenter, we dive deep into his earnings, salary, and sources of wealth that contribute to his net worth.
Let’s explore the life and finances of this influential religious leader.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Matthew Ashimolowo |
| Popular Name | Matthew Ashimolowo |
| Gender | Male |
| Birth Date | March 17, 1952 |
| Age | 72 |
| Parents | Salau Asimolowo, Aishat Asimolowo |
| Siblings | N/A |
| Birthplace | Nigeria |
| Nationality | Nigerian |
| Ethnicity | N/A |
| Education | Attended a Bible school |
| Marital Status | Married |
| Spouse | Yemisi Ashimolowo |
| Children | 2 |
| Dating | N/A |
| Net Worth | $6-10 million |
| Source of Wealth | KICC salary, media sales |
| Height | N/A |
What Is the Net Worth of Matthew Ashimolowo in 2024?
As of 2024, Matthew Ashimolowo‘s estimated net worth is around $6 million, making him one of the wealthiest pastors in the UK. Compared to other influential figures in similar circles, his financial status is impressive.
Here’s a look at some related names in religious and literary spheres:
- Kingsway International Christian Centre (KICC)
- Nigerian clergy
- Charity Commission of England and Wales
- Prosperity gospel preachers
- Matthew Ashimolowo Media
- Trinity Broadcasting Network (TBN)
- Foursquare Gospel Church
- London churches
- KPMG
For readers interested in learning more about influential personalities with significant wealth, take a look at our comprehensive list of the most successful authors and their finances.
Salary and Finance Overview
How He Built His Wealth and Achievements
Matthew Ashimolowo’s journey to financial success is tied closely to his role in the Christian ministry. He transitioned from being part of the Nigerian Foursquare Gospel Church to founding Kingsway International Christian Centre (KICC) in 1992.
With KICC growing to become the largest Pentecostal church in the UK, his influence and wealth soared. The church’s rapid growth played a significant role in elevating his status and income, paving the way for numerous achievements in religious circles.
Revenue Sources from Christian Media and Literature
A significant source of Matthew Ashimolowo’s wealth is his media company, Matthew Ashimolowo Media, which focuses on the sale of Christian literature and documentaries.
These publications resonate with his teachings and serve as revenue streams. The daily broadcast of his program, Winning Ways, airs across various channels, including Premier Radio in London and television networks in Ghana, Nigeria, Zimbabwe, and more.
The reach and impact of his media presence greatly contribute to his financial growth, making it a core part of his wealth generation.
Salary and Earnings as Senior Pastor of KICC
As the Senior Pastor of KICC, he earns an annual salary of approximately £100,000. His role within the church is multifaceted, involving leadership, preaching, and overseeing church operations.
While the salary is significant, it’s not the main contributor to his wealth. The church’s prominence in the UK’s religious landscape helped establish a platform for other financial ventures.
The Prosperity Gospel Connection and Financial Success
Matthew Ashimolowo is known as a preacher of the prosperity gospel, a theology that links faith to financial success. This philosophy aligns closely with his financial achievements, as he has successfully merged spiritual teachings with wealth-building strategies.
The prosperity gospel often attracts attention and controversy due to its focus on wealth. However, Ashimolowo’s teachings and financial growth demonstrate the practical application of his beliefs, which has attracted a large congregation and audience.
Financial Irregularities and Charity Investigations
One notable event in Ashimolowo’s financial journey was the Charity Commission of England and Wales‘s investigation into the financial management of KICC.
The investigation, which took place from 2002 to 2005, revealed mismanagement of funds, personal benefits, and unclear use of church finances. It was concluded that Ashimolowo had to repay £200,000.
While this incident cast a shadow over his financial practices, it also highlighted the complexities of managing a large church’s finances.
Leadership Changes and Future of KICC
In January 2022, a major transition took place when Ashimolowo appointed his first son as the resident pastor of KICC London. This move indicated a potential shift toward retirement for Matthew Ashimolowo and pointed to a future of continued growth for KICC under new leadership.
The financial implications of this change remain to be seen, but it could impact how wealth is managed and generated within the church.
Influence on the Christian Community and Wealth Generation
His influence extends far beyond his church, impacting the broader Christian community. His leadership style, teachings on prosperity, and presence in media have made him a significant figure in religious and financial circles.
His work with KICC and beyond has not only shaped the church’s growth but also opened up financial opportunities for other Christian leaders.
Contributions to Charity and Community Work
Despite financial controversies, Matthew Ashimolowo has been involved in charitable work through KICC. Community projects and outreach programs funded by the church are part of his efforts to give back.
These contributions to charity have helped shape his public image and support his teachings on prosperity and giving.
FAQs About Matthew Ashimolowo
What Is Matthew Ashimolowo’s Role in KICC?
He is the Senior Pastor and founder of Kingsway International Christian Centre (KICC), overseeing its growth and operations.
What Does His Media Company Do?
Matthew Ashimolowo Media produces and sells Christian literature and documentaries, contributing to his revenue and expanding his teachings.
What Is the Purpose of the Winning Ways Program?
Winning Ways is a daily broadcast featuring his teachings, which airs on radio and television across multiple countries.
How Did He Start His Ministry?
He began as part of the Nigerian Foursquare Gospel Church but founded KICC in 1992 in London to establish his own ministry.
How Has the Charity Commission’s Investigation Impacted Him?
The investigation into KICC’s financial management led to a repayment order for Ashimolowo and heightened scrutiny of his financial practices.
What Are His Views on Prosperity Gospel?
He promotes prosperity theology, emphasizing the connection between faith and financial success.
Who Is His Successor at KICC London?
In 2022, his first son was appointed as the resident pastor of KICC London.
What Are His Major Sources of Wealth?
His wealth comes from his KICC salary, Christian literature sales, media broadcasts, and financial management of church activities.
How Has His Wealth Influenced the Christian Community?
Ashimolowo’s wealth and teachings on prosperity have significantly influenced the Christian community, especially in the UK and Nigeria.
Conclusion
Matthew Ashimolowo’s journey showcases the intersection of faith and finance, making his story one of inspiration and intrigue. For more insights on the lives of famous personalities, readers are welcome to explore and share their thoughts at PennbookCenter.
Social Media
Follow him on social media:
Facebook: https://www.facebook.com/MatthewAshimolowo/
Instagram: https://www.instagram.com/matthewashimolowo.official/
X (Twitter): https://twitter.com/MatAshimolowo
