|Residence London, England|
Spouse Pastor Yemisi Ashimolowo
Name Matthew Ashimolowo
|Born 17 March 1952 (age 63) (1952-03-17) Nigeria|
Occupation Senior Pastor, Kingsway International Christian Centre (KICC)
Net worth $6-10 million (Forbes, 2011)
Children Tomi Ashimolowo, Tobi Ashimolowo
Similar People David Oyedepo, Enoch Adeboye, Chris Oyakhilome, Bimbo Odukoya, Chris Okotie
PROPHECY FOR UNUSUAL PROGRESS - Pastor Matthew Ashimolowo
- PROPHECY FOR UNUSUAL PROGRESS Pastor Matthew Ashimolowo
- 50 blessings by pastor matthew ashimolowo
- Personal life
- Financial irregularities
His Winning Ways programme is aired daily on Premier Radio (London) and Spirit FM (Amsterdam) and on television in Nigeria, Ghana, Zimbabwe, FaithAfrica (DSTV 341), the Trinity Broadcasting Network (TBN) and Europe on The God Channel and Inspirational Network.
50 blessings by pastor matthew ashimolowo
Ashimolowo converted to Christianity from Islam at the age of 20 after the death of his father before enrolling with a Bible school.
Forbes estimated Ashimolowo's net worth is at between $6-10 million. KICC annual accounts confirmed that he earns an annual salary of £100,000 but the majority of his wealth comes from the sale of Christian literature and documentaries from his media company, Matthew Ashimolowo media. This is consistent with the fact that Ashimolowo subscribes to and teaches success in the vein of Prosperity theology, which in most respects is considered controversial.
The charity behind Kingsway International Christian Centre is The King's Ministries Trust. This was investigated by the Charity Commission of England and Wales between 2002 and 2005. A report of the inquiry was released in October 2005. The report concluded that there had been serious misconduct and mismanagement in the administration of the charity. At an early stage in the investigation, it was considered that the charity's assets were at risk, and control was removed from the existing trustees and placed in the hands of an independent external company (the accountancy and management consultancy practice KPMG), who regularised the charity's affairs.
The report found that:
He was ordered (section 34) to repay £200,000.
In a subsequent debate in the House of Lords, Lord Swinfen questioned the Charity Commission's running of this investigation. He acknowledged the technical breach, but highlighted its openness, "This unincorporated trust has for some years been remunerating its trustees for various services and doing so quite openly. It made the mistake of not realising that it should have altered its constitution explicitly to allow that to be done." He then questioned the cost of the investigation "With some advice from the commission and the use of the charity lawyer, the trustees of this charity could have affected these changes for some £12,000—one-hundredth of the sum the commission has already spent." He added "The commission believes, understandably, that the future success of this charity is assured by the charity having new trustees".