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This is a list of richest monarchs and family members, as estimated by forbes.com in 2015, [1] Business Insider in 2018, [2] and the CEOWORLD magazine in 2019. [3]
Jun 3, 2014 · The King is one of Africa’s wealthiest royals. His personal net worth is at least $50 million, based on the annual $50 million salary that he is paid out of government coffers.
- Mfonobong Nsehe
- Oba Obateru Akinrutan
- Sultan of Sokoto, Sa’ad Abubakar
- Oba Adeyeye Ogunwusi Eniitan
- Oba Ewuare II Ogidigan
- Nnaemeka Alfred Ugochukwu Achebe
- Oba Babatunde Aremu Akiolu
- Aminu Ado Bayero
- Benjamin Keagborekuzi
- Adedotun Aremu Gbadebo III
- Ogiame Atuwatse III
Oba Obateru Akinrutan also known as the Ulugbo of Ugbo is the traditional ruler of the Ugbo Kingdom, an Ilaje town in Ondo State. He is touted to be the richest traditional ruler in Nigeria, and the second richest in Africa with an estimated net worth of $300 million according to Forbes. He is also the founder of Obat Oil, one of the largest privat...
The 20th Sultan of Sokoto, Sa’ad Abubakar is reportedly worth, $100 Million As the Sultan of the Sokoto Caliphate, Abubakar is believed to be the spiritual leader of Muslims in Nigeria and the most powerful traditional ruler in the northern parts of the country. Born on August 24, 1956, and is the youngest son of the 17th Sultan, Sir Siddiq Abubaka...
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi is the traditional ruler of the Yoruba kingdom of Ile-Ife. He ascended to the throne in 2015 after succeeding Oba Okunade Sijuwade. The real estate tycoon has a net worth of $70 Million. Oba Adeyeye is a member of the Institute of Chartered Accountants of Nigeria, an Associate Accounting Technician and a...
The 40th Oba of Benin, Oba Ewuare II Ogidigan has an estimated net worth of $60 Million. He is the traditional ruler of the people of Benin in Edo State, Nigeria and ascended the throne in October 2016. One of his biggest legacies is the championing of the return of stolen artfact by the British to be returned to Benin Kingdom He was also Nigeria’s...
The Obi of Onitsha, Nnaemeka Alfred Achebe is the traditional ruler of Onitsha in Anambra State. He is also touted as one of the richest traditional rulers in Nigeria with an estimated net worth of $50 Million. Before he became the Obi of Onitsha in 2002, he had a long and distinguished career in the Royal Dutch Shell Group where he served as Direc...
The erstwhile police chief, the Oba of Lagos, Oba Babatunde Aremu Akiolu is estimated to be worth of $40 million. The traditional ruler in Lagos was selectedby the kingmakers of the Lagos traditional kingdom and crowned in 2003, succeeding Oba Adeyinka Oyekan. Prior to his emergence as the Oba of Lagos, he was a policeman for 32 years and rose to t...
The 15th Emir of Kano, Aminu Ado Bayero is the traditional ruler of the ancient city of Kano. He became the Emir of Kano on 9 March 2020, after the dethronement of his nephew Muhammad Sanusi II by Governor Dr Abdullahi Umar Ganduje. He has an estimated net worth of $20 million,
Benjamin Keagborekuzi Ikenchuku is the Dein of Agbor kingdomin Delta State. He was named the world’s youngest crowned monarch in the 1980 edition of the Guinness Book of World Records. He has an estimated net worth of $10 million. Benjamin was crowned the Dein of Agbo at the age of 2 in 1979, after the unexpected demise of his father after which he...
The Incumbent Alake of Egba, Adedotun Aremu Gbadebo III is reportedly worth $ 5 million. Born on 14 September 1943, he is a grandson of the sixth Alake of Egbaland, Oba Gbadebo, who ruled from 1898 to 1920.
The 21st Orlu of Warri, Ogiame Atuwatse III, with an estimated ro be worth $30 million was crowned the 21st Olu of Warri in 2021 at Ode-Itsekiri succeeding his uncle, Ogiame Ikenwoli I the 20th Olu of Warri. He also has a master of science degree in management from the same university’s Weatherhead School of Management in 2007.
- Frederick Obateru Akinruntan. Estimated net worth: $300 million. The royal head of Ugbo, a well-known town in Ondo State, is Oba Obateru Akinruntan. “Olugbo of Ugbo” is his title of regent and he has been reigning since 2009.
- Muhammadu Sa’adu Abubakar. Estimated net worth: $100 million. With a $100 million fortune, the Sultan of Sokoto is another wealthy monarch in Nigeria. Following the death of his brother Muhammadu Maccido, he became the 20th Sultan of Sokoto.
- Lamido Sanusi Lamido. Lamido Sanusi Lamido was the 14th Emir of Kano and the former governor of the Central Bank of Nigeria. In 2014, after the death of his great-uncle Ado Bayero, he became the reigning Emir.
- Adeyeye Enitan Ogunwusi. Estimated net worth: $70 million. The traditional head of Ile-Ife in Osun State is Oba Adeyeye. He was born into the Ojaja Royal Compound of Agbedegbede in Ile-Ife, into the Giesi Ruling House.
The following is a list of Nigerian billionaires. It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine. [1]
Sep 2, 2024 · According to Forbes' list, the Olugbo of Ugbo kingdom, whom we rate as the richest king in Nigeria, has an estimated net worth of 300 million dollars (N117 billion). This gives him the first position on the list of the top 10 richest kings in Nigeria.
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Sep 14, 2022 · While no one knows exactly how wealthy the family is, Queen Elizabeth left behind a fortune of $500 million when she died in September 2022 (per Fortune). King Charles III has inherited that fortune, and will not be required to pay taxes on the inheritance (per The Guardian).
