As we delve into Nigeria’s fascinating cultural heritage, it becomes evident that numerous traditional kingdoms are led by powerful monarchs who wield significant influence and wealth. Within these ancient domains, these royal rulers control vast fortunes, a fact that has captured the interest of many. Today, we’ll highlight the ten richest kings in Nigeria, who are prominent figures in their respective regions.
1. Oba Obateru Akinruntan
At the pinnacle of our list is the esteemed Olugbo of Ugbo land in Ondo State. Esteemed for his wealth, he has diligently invested in various sectors, including oil, real estate, and the stock market, resulting in an impressive net worth exceeding $300 million.
2. Saadu Abubakar
Sitting as the Sultan of Sokoto and spiritual leader of Nigeria’s Muslims, Saadu Abubakar commands a significant fortune estimated at $100 million. His real estate ventures and benevolent contributions to his community contribute to his remarkable wealth.
3. Ooni Adeyeye Enitan Ogunwusi
As the powerful Ooni of Ife, he presides over the Yoruba kingdom and has inherited substantial wealth from his father’s successful real estate business. His net worth stands at a notable $70 million.
4. Oba Ewuare II
Leading the historic Benin Kingdom, the Oba of Benin has accumulated a wealth of around $30 million, attributing it to wise investments and diversified business interests.
5. Oba Adeyeye Ogunwusi
The 43rd Ooni of Ile-Ife holds a net worth of $30 million, primarily derived from his family’s extensive real estate holdings.
6. Igwe Nnaemeka Achebe
As the revered Obi of Onitsha in Anambra state, Achebe’s wealth is estimated at $21 million, earned through successful investments and business endeavors.
7. Oba Lamidi Olayiwola Adeyemi III
The Alaafin of Oyo, with lucrative oil reserves under his dominion, boasts an estimated fortune of $18 million.
8. Oba Babatunde Aremu Akiolu
Governing Lagos, Nigeria’s most prosperous city, the Oba of Lagos’ net worth reaches approximately $15 million, thanks to his property ownership and strategic investments.
9. Igwe Kenneth Orizu III
As Igwe of Nnewi, Orizu oversees a kingdom with many influential billionaires, contributing to his net worth of $14 million.
10. Oba Frederick Obateru Akinruntan
With vast real estate assets in Ugbo Kingdom, Kogi state, Oba Frederick Obateru Akinruntan’s wealth is estimated at $13 million.
In conclusion, these ten esteemed monarchs skillfully balance tradition and modernity, preserving their cultural heritage while actively contributing to Nigeria’s economic growth. Their impressive wealth is a testament to their astute business acumen and dedication to their respective communities.