Nigeria, a country known for its diverse ethnic groups, boasts numerous traditional rulers in various villages. Among these leaders, some stand out not only for their royal positions but also for their immense wealth acquired through their roles and various business endeavors. In this article, we delve into the lives of the top 10 richest kings in Nigeria, exploring their net worth and the luxurious cars they proudly own.
1. Oba Obateru Akinruntan
At the pinnacle of Nigeria’s wealthiest kings is Oba Obateru Akinruntan, the Olugbo of Ugbo in Ondo State. Renowned as one of the prominent Yoruba monarchs, he amassed his staggering $300 million net worth through his ventures, including founding Obat Oil in 1981. Forbes estimates his wealth, and in addition to his royal status, he owns an impressive fleet of luxury vehicles, including a 2014 Bentley Mulsanne worth 100 million Naira and a 2012 Rolls-Royce akin to that of Queen Elizabeth II.
2. Sa’adu Abubakar Sultan of Sokoto
Sa’adu Abubakar, the Sultan of Sokoto, holds the second spot with a net worth of $100 million. Commissioned as a second Lieutenant in 1977, he served in various capacities, including leading a presidential security unit and commanding peacekeepers in Chad. His notable luxury car is Lamido Sanusi Lamido.
3. Lamido Sanusi Lamido
Lamido Sanusi Lamido, the former Emir of Kano, ranks third with an $80 million net worth. Dethroned in 2020, he earned a yearly allowance from the Nigerian government and possessed a fleet of luxury cars, showcasing his opulence.
4. Oba Adeyeye Ogunwusi Enitan Ooni Of Ife
Oba Adeyeye, the Ooni of Ife, claims the fourth spot with a $70 million net worth. Aside from his royal duties, he is an entrepreneur actively involved in various projects, including housing development and resorts. His notable cars include a 2011 Rolls-Royce Phantom, 2 Bentleys, and a Mercedes Benz S550.
5. Oba Ewuare II Ogidigan
Oba Ewuare II of Benin, crowned in 2016, secures the fifth position with a net worth of $65 million. Having served as Nigeria’s Ambassador to several countries, he boasts a 2016 Rolls-Royce Phantom worth ₦150 million among his luxury cars.
6. Nnaemeka Alfred Ugochukwu Achebe
Nnaemeka Alfred Ugochukwu Achebe, the 21st Obi of Onitsha, ranks sixth with a net worth of $60 million. Also serving as the chancellor of Ahmadu Bello University, he possesses a fleet of luxury cars, including a Rolls-Royce.
7. Olu of Warri
The Olu of Warri, Utieyinoritsetsola Emiko, at 37 years old, secures the seventh spot with a net worth of $10 million. His recent coronation marked by a lavish ceremony showcased his determination to make a memorable impact during his reign. His self-gifted customized Rolls Royce Phantom and Bentley Continental reflect his regal taste.
8. Oba of Lagos
Rilwan Babatunde Osuolale Aremu Akiolu, the 21st Oba of Lagos, claims the eighth spot with a $9 million net worth. A former Assistant Inspector General of Police, he ascended the throne in 2003, accumulating both power and wealth.
9. Benjamin Ikenchuku Keagborekuzi I
Benjamin Ikenchuku Keagborekuzi I, the Dein of Agbor, takes the ninth spot with an $8 million net worth. Crowned at the tender age of two, he owns a 2015 Mercedes-Benz S550 Maybach among other luxury cars.
Conclusion
These kings not only bear the weight of their royal titles but also the immense wealth that comes with their positions. As symbols of tradition and opulence, their luxurious lifestyles, coupled with their notable achievements, make them stand out in Nigeria’s diverse and rich cultural tapestry. While other wealthy monarchs contribute to the country’s landscape, these top 10 kings reign supreme in both influence and affluence.
