Top Richest Kings in Nigeria 2020 – Latest Ranking Update.
Richest Kings in Nigeria: Are you wondering who the richest king in Nigeria is? It is no surprise that these powerful monarchs in Nigeria have undiluted wealth as they have businesses and investments scattered home and abroad.
Top 10 Richest Kings in Nigeria And Their Net Worth 2020
We very well know kings to be very important people in the society, Have you ever wondered who the richest kings in Nigeria are? Here is a list of the Top 10 richest kings in Nigeria and their Networths.
- Oba Obateru Akinrutan – Olugbo of Ugbo ($300 Million ~ ₦108.2 Billion) – the richest king in Nigeria
Oba Obateru Akinruntan is the head of Ugbo, Ondo state. Besides being the royal leader of Ugbo, he owns Obat Petroleum, one of the largest private oil trading companies in Nigeria which controls Africa’s largest oil depots.
The Olugbo of Ugbo Kingdom made Forbes’ list as one of the wealthiest monarchs in Nigeria with his net worth estimated at 300 million USD.
- Sa’adu Abubakar – Sultan of Sokoto ($100 Million ~ ₦36.1 Billion)
The list of richest kings in Nigeria can’t be complete without the Sultan of Sokoto – the most powerful ruler in the north and among the richest in Africa. He sits over the Sokoto Caliphate, making him the spiritual head of the Muslims in the country. He is also the co-chairman of the Nigerian Council of Traditional Rulers.
- Lamido Sanusi Lamido – Emir of Kano ($80 Million ~ ₦30 Billion)
Now, who wouldn’t know the Emir of Kano, Lamido Sanusi Lamido? The Emir was once the governor of the Central Bank of Nigeria. That position alone attracted recognition, influence and wealth, not even to mention his financial investments and assets. He has been listed as one of the most influential people of the year by the renowned Time magazine.A business mogul, the Emir’s net worth is rightly estimated at 80 million USD.
- Oba Adeyeye Ogunwusi Eniitan– Ooni Of Ife ($70 Million ~ ₦25.3 Billion)
You sure have to accord the Oni of Ife some respect, if you’re to talk about him. Oba Adeyeye is influential in every meaning of it. The Ooni ranks as one of the most respected rulers in the world and holds a lot of power and authority in the Yoruba land. Besides his royal status, he is a successful real estate businessman and the Chancellor of the University of Nigeria, Nsukka. His net worth is estimated at about $70 Million, making him the 4th richest king in Nigeria.
- Oba Ewuare II Ogidigan – Oba of Benin ($60 Million ~ ₦21.7 Billion)
Oba Ewuare is the traditional authority in the Benin state of Nigeria. He wields power and influence that cannot be undermined. He holds a degree of Economics from the University of Wales, UK, and a Master degree in Public Administration from Rutgers University Graduate School, New Jersey, USA. He is also Nigeria’s ambassador to a number of foreign countries. His net worth amounts to about 60 million USD.
- 6. Nnaemeka Alfred Ugochukwu Achebe – Obi of Onitsha ($50 Million ~ ₦18.1 Billion)
A notable monarch from the eastern part of Nigeria, the Obi of Onitsha has sure made a name for himself. Before being crowned, the Obi has served as executive director at Shell Petroleum Development Company and was once the Chancellor of Ahmadu Bello University, Zaria. Being the King sums it all up, and magnifies the equation altogether.
- Oba Lamidi Adeyemi – Alaafin of Oyo ($40 Million ~ ₦14.6 Billion)
The Alaafin of Oyo, Oba Lamidi Adeyemi is the monarch in the Oyo state of Nigeria. He ranks as the second most influential king in Yoruba land. His net worth is about 40 million USD, so it’s easy to tell that the Oba is loadedHe drives a stretched limousine, a Lexus GX 470, a Toyota Land Cruiser among his fleet of cars.
- Oba Babatunde Aremu Akiolu – Oba of Lagos ($40 Million ~ ₦14.6 Billion)
The Oba of Lagos is one traditional ruler we cannot overlook. He is just as wealthy. Having bagged his LL.B. degree from the University of Lagos and also served in the Nigerian Police Force for 32 years before ascending the throne. Oba Rilwan Babatunde Akiolu’s net worth is estimated at around 40 million USD. Not only that, his palace is worth 2 billion nairas. And that’s not even mentioning the other assets he has to his title or half of the other properties in his possession.Talk of his car, the former AIG in the Nigerian Police Force uses the 2016 Mercedes-Benz S550 which sells for over N34 million, the most gracious of all the ones that sleep in his garage. Oba Akiolu’s official palace, the Iga Idunganran after its recent renovation is said to worth a heavy N2 billion
- Godfrey Emiko – Olu of Warri ($30 Million ~ ₦10.8 Billion)
Godfrey Emiko, the Olu of Warri, falls among the richest kings in Nigeria with his net worth at 30 million USD. The Olu who has his domain in the Niger-delta region of Nigeria is known there to control gas and crude resources. Thus, we may link a part of his source to oil money, which is fair.
- Benjamin Ikenchuku Keagborekuzi I – Dein of Agbor ($10 Million ~ ₦3.62 Billion)
Benjamin Ikenchuku Keagborekuzi I is the royal leader of Agbor – a town in the oil-rich Delta state. He was crowned when he was 2 years and 4 months old following the sudden death of his father – the late Obi. He entered the Guinness Book as the youngest monarch in history. After coming back from the UK where he obtained multiple degrees and certificates, he is appointed as the Chancellor at the University of Ilorin – the youngest chancellor of this university.
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