List Of The Richest Kings In Nigeria

And Oh Yes - These Kingdoms Are Really Milking

By  | Jul 25, 2022, 09:06 AM  | Top of The

The royal system is still highly regarded in Nigeria, with various kingdoms submitting to their kings. Because kings collect a lot of money in Nigeria, we'll look at the richest kings in Nigeria at the moment.

Nigerian kings must live exemplary lives and ensure that their image represents the people they govern, their culture, and their homeland in their capacity as head of state.

Many prominent monarchs in Nigeria are viewed as respectable characters by the general public since the country is home to multiple kingdoms.

Don't be surprised if you see any of these monarchs coming on major occasions in convoys of fancy vehicles. The bulk of them have amassed significant fortune throughout the years, making them wealthy kings.

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1. The Olugbo of Ugbo, Oba Obateru Akinrutan

Oba Obateru Akinrutan, the Olugbo of Ugbo in the Yoruba kingdom, is the richest King in Nigeria.

Oba Obateru Akinruntan is the traditional ruler of Ugbo, which is located in Ondo state. He is a business magnate in addition to being a traditional ruler. He is the founder and owner of Obat Petroleum, one of Nigeria's largest private oil trading enterprises.

Oba Obateru Akinrutan cars: The Olugbo of Ugbo, Nigeria's richest king, owns and rides a Bentley Mulsanne (2014 model) worth over N100 million and a customised Rolls-Royce (2012 edition) built to the Queen of England's standards.

Oba Obateru Akinrutan net worth: According to Forbes, the Olugbo of Ugbo kingdom, whom we rank as the richest king in Nigeria, has a net worth of $300 million (N117 billion).

As a result, he is ranked first among the richest kings in Nigeria.

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2. Sultan of Sokoto, Sa'adu Abubakar

The Sultan of Sokoto, Sa'adu Abubakar, is the second among Nigeria’s richest rulers.

The Sultan of Sokoto is unquestionably one of the richest kings in Nigeria, as well as one of Africa's wealthiest. The Sultan of Sokoto is the most powerful ruler in Nigeria's northern region.

Sa'adu Abubakar is the Caliph of Sokoto, making him the most powerful traditional ruler in the north and the spiritual leader of Nigeria's Muslims.

The Sultan of Sokoto, Nigeria's second-wealthiest monarch, is also the co-chairman of the Nigerian Council of Traditional Rulers. He is the 20th Sultan of Sokoto, having succeeded his predecessor, Sultan Miccado, in 2016.

Sa'adu Abubakar cars

The Sultan of Sokoto, Sa'adu Abubakar, owns his own fleet of automobiles. His Rolls-Royce, though, is the most astonishing (2017 model).

Sa'adu Abubakar's net worth

The Sultan of Sokoto's net worth is reported to be in the billions of dollars (N39 billion). His net worth places him among the top ten wealthiest rulers in Nigeria.

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3. Former Emir of Kano, Lamido Sanusi Lamido

Sanusi Lamido is a fictional character created by Sanusi Lamido Sanusi is the third richest king in Nigeria.

Lamido Sanusi Lamido, the previous Emir of Kano, is a name that almost everyone in Nigeria is familiar with. He was the governor of Nigeria's Central Bank.

The governorship of the CBN alone brought him national and international notoriety, riches, and power. He owns a large number of assets and has made several investments.

He was named one of Time Magazine's most important persons, and according to his net worth, he is one of the richest kings in Nigeria.

Sanusi Lamido Sanusi cars: 

Despite frequent attacks by Kano state governor Ganduje, the former Emir of Kano, Sanusi Lamido Sanusi, was the second most powerful monarch in the north after the Sultan of Sokoto.

Sanusi Muhammad II was deposed as emir of Kano by Kano State Governor Umar Ganduje in March 2020, months after their relationship soured.

He believes that with an annual income of N14 million as Emir, he can purchase luxury automobiles and can boast of having fleets of them.

He just purchased the newest Rolls-Royce, which sparked a lot of interest among Nigerians because the automobile is worth millions of dollars.

Aside from the new model Rolls-Royce, Sanusi also owns a 1952 Rolls-Royce Silver Wraith ALW 11, which was passed down through the Emirs of Kano's generation.

Sanusi Lamido is a fictional character created by Sanusi Lamido Sanusi's net worth is unknown.
The net worth of the former Emir and business mogul is reported to be about 80 million dollars (N31.2 billion).

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4. Ooni of Ife, Oba Adeyeye Ogunwusi Enitan

The Ooni of Ife, Oba Adeyeye Ogunwusi Enitan, is the fourth-richest king in Nigeria.

In Yoruba nation, Oba Adeyeye Ogunwusi Enitan is a powerful ruler. When speaking to him, you must treat him with respect.

Aside from his authority and influence in Yoruba nation, the Ooni is also regarded as one of the world's most renowned kings.

Apart from being a member of the royal family, Oba Adeyeye Ogunwusi Enitan is also the Chancellor of the University of Nigeria Nsukka and a real estate businessman.

The Ooni of Ife has a large number of automobiles, many of which are high-end international models. His Rolls-Royce Phantom is one of the most opulent vehicles in his collection (2011 model).

He also owns a Mercedes Benz S550 and two Bentleys, in addition to the Rolls-Royce.

Oba Adeyeye Ogunwusi Enitan Net Worth

The Ooni of Ife, Oba Adeyeye Ogunwusi Enitan, is worth roughly 70 million dollars (N27.3 billion), making him one of the richest kings in Nigeria.

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5. Oba Ewuare II Ogidigan, Benin's Oba

Oba Ewuare II Ogidigan is the traditional ruler of Benin and Nigeria's sixth wealthiest king. He has a tremendous amount of power, authority, and clout.

He also has a bachelor's degree in economics from the University of Wales in the United Kingdom and a master's degree in public administration from Rutgers University Graduate School in New Jersey, United States.

The Oba of Benin also serves as Nigeria's ambassador to a number of countries. He lives in a magnificent palace that is fit for a world-class ruler. Oba Ewuare II Ogidigan is the Benin Kingdom's 40th Oba.

Oba Ewuare II Ogidigan cars

The Oba of Benin has a Rolls-Royce Phantom (2016 model), which is valued at over N150 million.

Oba Ewuare II Ogidigan Net worth

Oba Ewuare II Ogidigan is one of the richest kings in Nigeria, with a net worth of over $60 million dollars (N23.5 billion).
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