5 richest monarchs in Nigeria

With Nigeria having a vast number of indigenous ethnic groups, and their respective royal fathers, here’s a list of the 5 richest Nigeria kings and their cars;

1. Oba Obateru Akinrutan – Olugbo of Ugbo ($300 Million ~ ₦108.2 Billion)

5 richest monarchs in Nigeria

Oba Obateru Akinrutan, the royal leader of Ugbo, a prominent town in Ondo State, is one of the capable Yoruba monarch no doubt. He bears the title of Olugbo of Ugbo. His wealth has earned him the title of the richest king not only in the Yoruba kingdom, but also in the entirety of Nigeria as a whole at this present time.

His net worth is $300 million according to Forbes, placing him over all other royal fathers in the country.

 Oba Obateru Akinruntan has many cars including; Bentley Mulsisanne (2014 model) which is worth over 100 million Naira, and Rolls-Royce(2012 edition) built to match the standard of that of the Queen of England, with which the Olugbo of Ugbo joins the royal list of Nigerian monarchs who ride Rolls-Royce. 

2. Sa’adu Abubakar – Sultan of Sokoto ($100 million ~ ₦36.1 billion)

5 richest monarchs in Nigeria

The Sultan of Sokoto is one of the respected king, not only in the country, but continent. He has embarked on so many missions to ensure the peace and stability of Nigeria. Sultan Abubakar ascended the throne in 2006 after the death of the 19th Sultan, Sultan Miccado. And he is the 20th Sultan of the Sokoto Caliphate. Before he took the throne, he served in the military and resigned as Brigadier General.

The Sultan Abubakar IV has many cars. Among his fleets of cars, most notable is Rolls-Royce 2017. He owns fleets of cars.

3. Lamido Sanusi Lamido – Emir of Kano ($ 80 million ~ ₦30 billion)

5 richest monarchs in Nigeria

The popular deposed Emir of Kano was a former Central bank governor, and the 14th Emir of Kano. He was born on 31st July, 1961. In 2014, he ascended the throne after the death of his grand uncle Ado Bayero. He was deposed by Governor Abdullahi Ganduje On 9th March, 2020.

The latest Rolls-Royce was acquired by him, and spurning a chain of reactions with Nigerians, as the car seems to cost quite a fortune. With a yearly salary of 14 million Naira, you will agree that he has plenty money to spend on luxury cars. The model of all his the cars aren’t completely grasped yet. 

4. Oba Adeyeye Ogunwusi Eniitan – Ooni Of Ife ($70 Million ~ ₦25.3 Billion)

5 richest monarchs in Nigeria

Oba Adeyeye Ogunwusi Eniitan (Ooni), the traditional leader of the Yoruba kingdom of Ile-Ife has held his title since 2015. He is a Chancellor of the University of Nigeria, Nsukka, and a successful real estate businessman aside from being a traditional ruler. His net worth is estimated at about $70 Million.

Oba Adeyeye Ogunwusi Eniitan – Ooni have many Cars, including a Mercedes Benz S550 and a Rolls- Royce.

5. Oba Ewuare II Ogidigan – Oba of Benin ($ 60 million – ₦21.7 billion)

5 richest monarchs in Nigeria

The present Oba of Benin, Ewuare II has great influence and power. He is the 40th Oba of Benin Kingdom, and he has a beautiful palace that suits a first-rate king.

He also has a Rolls-Royce Phantom 2016 model which cost over 150 million Naira, like other first-class traditional rulers of similar rank.

There you have it! Rich men who also have royalty running through their blood. We hope their mornarchical kingdoms get to taste in the fruit of their wealth through the creation of employment opportunities, else, their wealth all just remains a title, just like their royal authority.

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