Top 10 Richest Kings in Nigeria Today (2021)

With a good number of Nigerian traditional rulers being affluent, it can be depicted that the country has rich kings. Being one of the most honoured set of people, these first class kings are greatly rewarded with riches. This owes a great extent to their positions in the general public, and the measure of wealth they’ve had the option to gather over the long run.

richest kings in nigeria

On important events when these stately rulers are out in the public, it’s obvious their riches depicts in their extravagant convoys and cars. Talking about their net worth, cars and lifestyle, here are the top ten richest kings in the country. Continue reading as we will highlight them below.

Nonetheless, in the event that you have ever pondered which are the most richest kings in the country today, then this write-up will answer this topic. We will also incorporate their net worth, and furthermore what sort of cars they drive.

LIST OF TOP 10 RICHEST KINGS IN NIGERIA, THEIR CARS, LIFESTYLE AND NET WORTH

This is a complete rundown of the top 10 richest/most wealthy traditional rulers in Nigeria presently. This list will include their cars, lifestyle and net worth:

OBA OBATERU AKINRUNTAN – THE OLUGBO OF UGBO KINGDOM

The current Olugbo of Ugbo Kingdom, Oba Fredrick Obateru Akinrutan is presently the most richest king in Nigeria. He is the current Olugbo of Ugbo Kingdom that is situated in Ondo State in the South-Western part of the country. A great deal of the Oba’s wealth is generated from his business — as he is a business magnate and the owner of Obat Oil.

As per Forbes ranking in 2014, Oba Obateru Akinrutan merits a mammoth $300 million as net worth, which is equivalent to ₦114 billion in Naira. With regards to car assortments, the Olugbo of Ugbo is absolutely one that has a high taste. He is a proud owner of a 2014 Bentley Mulsanne which is esteemed at over ₦100 million.

MUHAMMADU SA’AD ABUBAKAR IV – THE SULTAN OF SOKOTO

The current Sultan of Sokoto, Mohammadu Abubakar is valued at $100 million to make him the second most richest king in Nigeria. Certainly, the rundown of most extravagant traditional rulers in the country can’t be completed without the Sultan.

He sits over the Sokoto Caliphate, making him the otherworldly top of the Muslims in the country. He is additionally the co-executive of the Nigerian Council of Traditional Rulers. The current Sultan of Sokoto has great preference for extravagance vehicles and quite possibly the most amazing in his armada is his 2017 Rolls Royce.

MUHAMMADU SANUSI II – THE FORMER EMIR OF KANO

Kano’s former Emir, Sanusi Lamido Sanusi (2014-2020) counts as one of the richest kings in the country. He is likewise known by his regnal name, Muhammadu Sanusi II, and he was the executive head of the Central Bank of Nigeria between 2009-2014.

Albeit, not any more the authoritative ruler of Kano, he is as yet a well known figure, and at present, he is the third most extravagant traditional ruler in the country today. He is the richest traditional ruler in Kano, with an estimated net worth of $80 million, which when changed over to Nigerian Naira, remains at an astounding ₦30.5 billion.

The former Emir likewise has a noteworthy collection of extravagance cars in his armada, head of which is his Rolls Royce which merits a few large number of dollars.

OBA ADEYEYE ENITAN OGUNWUSI, OJAJA II – THE OONI OF IFE

Oba Adeyeye Enitan Ogunwusi, Ojaja II, is the current Ooni of Ife and the fourth most extravagant traditional ruler in Nigeria at present. With an expected net worth of $70 million which when changed over to Nigerian Naira, remains at ₦27 billion, he is truly rich. He is a first class ruler and a compelling illustrious father in the country. As Ooni of Ife, he sits on the seat of Oduduwa, the begetter of the Yoruba race.

Additionally, the Ooni of Ife is a vehicle lover and he possesses some costly extravagance vehicles in his armada, some of which incorporate a 2011 model Rolls Royce Phantom, a Mercedes Benz S550 and 2 Bentley cars.

OBA EWUARE II – THE OBA OF BENIN

Omo N’Oba N’Edo Uku Akpolokpolo, Ewuare II, is the fifth most richest traditional ruler in Nigeria with a net worth of $60 million which is equal ₦29 billion in Nigerian Naira. His power and impact over the individuals of Edo State can never be overemphasized.

The Oba of Benin is one of the most powerful monarch in the country and he has various extravagance vehicles in his garage, head of which is his 2016 model Rolls Royce Phantom that is allegedly worth over ₦150 million.

IGWE NNAEMEKA ALFRED UGOCHUKWU ACHEBE – OBI OF ONITSHA

An eminent ruler from the eastern part of the country, the Obi of Onitsha has sure become very well known. Prior to being crowned in this position, the Obi had filled in as an executive director at Shell Petroleum Development Company and was before the Chancellor of Ahmadu Bello University, Zaria. Being the King summarizes it all, and amplifies the wealth he possesses.

Being among top ten most richest traditional rulers in Nigeria, the Obi himself is worth around 50 million USD and possesses a Rolls-Royce, 2016 model that will go under ₦100 million. Moreover, the Palace of the Obi of Onitsha is appraised as perhaps the most excellent royal residences in the country

OBA LAMIDI ADEYEMI – ALAAFIN OF OYO

The Alaafin of Oyo, Oba Lamidi Adeyemi is the ruler in the Oyo empire of Nigeria. He positions as the second most powerful ruler in Yoruba land and a first class king in Nigeria. His total assets (i.e net worth) is around 40 million USD, so it’s simple to tell that the Oba is stacked financially.

Obviously, the Monarch of the Oyo Kingdom is infatuated with SUVs as can be found in the selection of his cars. He drives an extended limousine, a Lexus GX 470, a Toyota Land Cruiser among his armada of vehicles.

OBA BABATUNDE AREMU AKIOLU – OBA OF LAGOS

Certainly, we can’t write off the Oba of Lagos, because of his prominence and popularity He is similarly one of the richest kings in Nigeria. Having obtained his LL.B. degree from the University of Lagos and furthermore served in the Nigerian Police Force for a very long time prior to becoming the king.

Oba Rilwan Babatunde Akiolu’s total net worth is put at around 40 million USD. Talking about the Oba’s cars, he uses the 2016 Mercedes-Benz S550 which sells for over ₦34 million. On the whole, Oba of Lagos is certainly one of the most extravagant traditional rulers in the country.

KING GODFREY EMIKO – OLU OF WARRI

Godfrey Emiko, the Olu of Warri, falls among the most extravagant traditional rulers in Nigeria with his total assets at 30 million USD. The Olu who is from the oil-rich Niger-Delta area of the country, he has a lot of business in the petroleum industry.

In this way, we may say most parts of his source of wealth comes from oil money. The Olu of Warri needn’t bother with extravagant cars to flaunt his riches; henceforth, it’s difficult to spot him in the extravagance vehicles.

OBI BENJAMIN IKENCHUKU KEAGBOREKUZI I – DEIN OF AGBOR

Yet another top ten richest king in Nigeria is Benjamin Ikenchuku Keagborekuzi I, the supreme head of Agbor – a town in the oil-rich Delta state. Benjamin entered the Guinness Book as the most youngest king ever. This was when he was crowned at 2 years and 4 months old after the abrupt demise of his father – the late Obi.

The traditional ruler is likewise named as the Chancellor at the University of Ilorin – the most youngest chancellor of this college. On the king’s cars, he is seen driving a plain dark Mercedes Benz S550 Maybach 2015 model worth ₦65 million.

CONCLUSION

Traditional rulers are very essential and respected people in Nigeria. These rulers have enough riches which shows how they are rewarded. Looking at the lifestyle of these kings, it’s crystal clear that they posses extravagant cars and have a great net worth. This article delineate on the list of the top ten of these richest traditional rulers in the country.

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The Author

Daniel Mfonobong

Daniel is a contributor on Nigerian Infofinder who craves for writing and researching. He also writes for Nigerian Infopedia

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