Tunde Folawiyos business interests range from energy, agriculture, shipping, and real estate. He is also the chairman of Forte Oil Plc, a major importer of fuel products. Before becoming the traditional ruler of the Oyo kingdom, Lamidi Adeyemi was an insurance clerk and a boxer. Oba Obateru Akinruntan is the Olugbo (traditional ruler) of Ugbo Kingdom, a town in Ilaje, Ondo State Net worth In 2014, Forbes Africa ranked him the second richest king in Africa with an estimated net worth of $300 million. His net worth is estimated at about $70 Million, making him the 4th richest king in Nigeria. Bola Akindele is the founder and chairman of Mondola Group, Nigerias most significant agricultural corporation. Top 10 Richest Kings In Africa (2022) - Read Nigeria Network They inherit the thrones to live in honorable palaces and drive luxury cars. He is a direct descendant of Oranmiyan, the founder of the Oyo Empire. Lamidi was a one-time Chancellor of the University of Sokoto, a position which he held for 12 years. However, the richest men will be the sole focus of this article; just 33 out of 50. His business interests include construction, banking, automobile importation, sales and service, and oil. Although these traditional rulers do not hold formal political powers, they are well respected in the society and are quite influential. He was crowned as the traditional ruler of the Oyo Kingdom after Alaafin Gbadegeshin Ladigbolu II left the throne in 1970. 10 richest kings in Africa and their current net worth in 2023 Prior to his coronation, Ewuare schooled in the United Kingdom where he bagged a degree in Economics from the University of Wales, UK. He was born on the 29th of October 1943 and he attended the University of Lagos where he bagged a Bachelor of Laws degree (LL.B). HRM Frederick Obateru Akinruntan. He specialized in growing financial institutions. His investments include furniture manufacturing and the oil industry. Do you think any Nigerian monarch should be on this list? Sources of Wealth: Banking and Finance. Sanusi is the grandson of Muhammadu Sanusi I, the 11th Fulani Emir of Kano and in 2011, Times Magazine listed him on its list of the 100 most influential people for the year. Regarding their influence, lifestyle, and net worth, weve compiled the list of the Top 5 richest Kings in Nigeria in 2022. Top 10 Richest Men In Delta State. He was named as the successor to the throne by the Itsekiri traditional council following the death of Ogiame Atuwatse II in 2015. Wizkid ranks in the elite spot among the top 50 richest musicians in Africa. 10 Richest Kings in Nigeria & Their Net Worths (2023) - Nigerian Finder Now, who wouldnt know the Emir of Kano, Lamido Sanusi Lamido? Emmanuel Ojei is another Nigerian billionaire who amassed his wealth through investments. The Alaafin of Oyo, Oba Lamidi Adeyemi is the monarch in the Oyo state of Nigeria. then youre reading the right article as we would be covering that in a moment. Forbes World's Billionaires List 2023: The Top 200 Some Nigerian billionaires have made it to the most recent Forbes Worlds Billionaire List 2023, as well as those who have risen from their previous position on the list. It is a modern storage facility that is currently able to store over 65 million liters of petroleum products. IS DEMOCRACY THE BEST SYSTEM OF GOVERNMENT?. Orji Uzor Kalu is yet another self-made billionaire who made his fortune in business before becoming a politician. Nigeria is home to several monarchs. Oba Obateru Akinruntan is one of the few Nigerian monarchs that didnt acquire his wealth from being a Monarch but by sheer entrepreneurial efforts. Although they do not have formal political power, in many cases they continue to command respect from their people and have considerable influence; they are also recognized and highly respected by political leaders. Now you know who aretherichest kingsin Nigeria and their cars, now I'm guessing you already have an idea why some Kingdoms experience a real tussle when a new King as to be crowned. He has a net worth and has been estimated to be worth over $40 million. In 2013, he was honoured at the third Global Islamic Finance Awards (GIFA) in Dubai for his advocacy in promoting Islamic banking and finance during his tenure as governor of Nigerias central bank. Rilwan Babatunde Osuolale Aremu Akiolu who was born on the 18th of November 1970 is the current Oba of Lagos. Top 5 Royal Families In Africa - Olatorera For Greater Nigeria ADS - Get in touch with thousands of people , Advertise with Inside OAU Innovations for as low as #500, click here to get started. Yet another top ten richest king in . Henry Egan a poet, essayist, content writer, blogger and technical writer who is willing to read just that last material to developthe best content possible. You sure have to accord the Oni of Ife some respect, if youre to talk about him. The Ooni of Ife owns a 2011 Rolls-Royce Phantom that goes for over N130 Million. Your email address will not be published. Besides his royal status, he is a successful real estate businessman and the Chancellor of the University of Nigeria, Nsukka. Moreso, the Emir of Kano who is on a yearly salary of N14 Million is capable of affording these luxury cars too. He is CEO of Ibeto Group, one of Africas largest conglomerates, with interests in automobile parts, cement production, energy, petrochemicals, and real estate. He is the founder of Honeywell Group and serves as the chairman of FBN Holding Plc. HRM Frederick Obateru Akinruntan also known as the Ulugbo of Ugbo is the traditional ruler (King) of the Ugbo Kingdom, a town in Ilaje, Ondo State. He has real estate properties in Nigeria, Dubai, London, and the US. He is a very important monarch especially in the northern part of Nigeria. He is a businessman who amassed a fortune while working as the comptroller general of Nigerian Customs for 20 years. He owns landed properties in Nigeria worth over N120 billion, including a 5-billion-dollar mansion on Bourdillon Drive in Ikoyi, Lagos. Benedict began his career with Ocean and Oil, now known as Oando Plc, before moving to MRS Oil Nigeria Plc. As the Sultan, Muhammadu Saad Abubakar IV is considered the spiritual leader of Nigerias seventy-million Muslims. Oba Obateru Akiruntan ($300 million) Oba Obateru Akinruntan is the head of Ugbo, Ondo state. He then proceeded to the Ibadan Polytechnic where he graduated as an accountant. He is a well-educated individual and an expert in the field of accountancy. WEALTHIEST KINGS IN NIGERIA AND THEIR NET-WORTH. Oba Adeyeye Ogunwusi enitan, the Ooni of Ife is the most respected and influential king in Yoruba Land. After his secondary education, he served for 32 years in the Nigeria Police Force, entering the force in 1970. Godfrey Emiko, the Olu of Warri, falls among the richest kings in Nigeria with his net worth at 30 million USD. 1) Oba Obateru Akinrutan Oba Obateru Estimated Networth (Forbes) - $300 Million Age - 65 Years Date of Birth - 1950 Title - Olugbo of Ugbo Kingdom - Ugbo Kingdom, Ondo State Oba Fedrick Obateru Akinrutan is a Nigerian monarch who is the ruler of the Ugbo Kingdom located in Ilaje local government in Ondo State, South-Western Nigeria. He has investments in real estate management, shipping, and finance. Mr. Tony is the founder of Heirs Holdings as well as The . The net worth of the top 50 richest men in Nigeria is estimated to be more than $30 billion. 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. All rights reserved. #IOIAnonymous 7 Nigerians Shared with Us How They Lost Their Virginity (Part 1), 5 Legendary Nollywood Actors that can never be forgotten. Jim Ovia is the founder and Chairman of one of Nigeria's leading banks, Zenith Bank PLC. This is a list of richest monarchs and family members, as estimated by the CEOWORLD magazine in 2019 and Business Insider in 2018, by their personal net worth, excluding properties held by the state, government or Crown, in U.S. dollars. In this video, I bring to you a list of 10 Richest Kings in Nigeria and Networth.Top 10 Richest King in 2023, Oba Obateru Akinrutan, Sa'adu Abubakar, Oba Ade. He also served as the Defence Attach to Pakistan from 2003 to 2006 amongst many other military operations both in Nigeria and outside the shores of the country. His net worth is currently $1.1 billion. Orjiako began his entrepreneurial journey by establishing and managing several companies in the oil and gas industrys upstream, downstream, and service sectors. THE LOOPHOLE IN THE DEMOCRATIC SYSTEM OF GOVERNMENT. The Benin Monarch has a beautifulpalace that is befitting of a first-class monarch who is the 40th Oba of the Benin Kingdom. He heads the Nigerian National Supreme Council for Islamic Affairs (NSCIA) as President General. Commentdocument.getElementById("comment").setAttribute( "id", "a26cb726455fa06ffc324622f198d373" );document.getElementById("a709592583").setAttribute( "id", "comment" ); For Sponsorship opportunities, kindly reach out to us through our email or what's app link via the contact us page. He is a businessman with the Chairman of Diamond Bank PLC, one of Nigerias leading commercial banks. Abdul Samad Rabiu is a Nigerian billionaire with a net worth of $1.1 billion. Before being crowned, the Obi has served as executive director at Shell Petroleum Development Companyand was once theChancellor of Ahmadu Bello University, Zaria. Warri is the oil hub of the South-South and it is home to several oil and gas companies. Sultan Abubakar IV owns fleets of cars, but the most notable is his model Rolls-Royce 2017. He has been listed as one of the most influential people of the year by the renowned Time magazine. He owns over 36 SUVs cars from different Japanese brands. He wields an enormous deal of power, authority, and influence. He is also rumored to be the owner of Oando PLC, Nigerias largest oil-producing company, with a revenue of $449 million. The Obi of Onitsha is also the Chancellor of Ahmudu Bello University, Zaria and he was formerly the chancellor of Kogi State University. He also once revealed in an interview with a popular online newspaper DailyPostNG that he owns a wristwatch worth around $1 million. He was once the governor of Rivers State from 2007 to 2015 and the Minister of Transportation in Nigeria until May 16, 2022, when he resigned to contest Nigerias presidency. He is a chemical and mechanical engineer and a politician. Apart from their influence, these kings are also well-known for their affluence. Top 10 Richest Kings in Nigeria, Their Kingdoms, Source of Wealth and Besides the vintage Rolls-Royce, the Emir of Kano also owns modern models from the British car maker, The Emir of Kano is on a yearly salary of N14 Million from the FGN. He manages real estate, cement production, oil and gas, energy distribution, and automobile parts. Terry Waya Biography, Net Worth, Real Business. Best MTN Tariff Plan For Calls And Data 2023 Benefits & Code To Migrate, The Top Forex Brokers to Consider in 2023, Do Menards Rebates Expire? Subscribe to Naijauto for our LATEST DEALS and HOT CARS, [Photos] Kano acquires 100 buses and 50 cabs for mass transit scheme -, Three persons survive a horrific car crash in Osun FRSC -, [Video] Portable Zazu mocks Nigerians after seeing Mercedes Taxi in Germany -, 10richest kings in Nigeriaand their cars, royal list of Nigerian monarchs who ride Rolls-Royce, 10 richest men in Nigeria 2021& their cars, Top 10 richest men in Africa & their cars (2021). Aliko Dangote - Forbes Obasanjo is a politician and business mogul with a net worth of $2 billion. However, his investments are not restricted to the oil and gas industry. His other wives are Ayaba Rahmat Adedayo Adeyemi, Ayaba Mujidat Adeyemi, Ayaba Rukayat Adeyemi, Ayaba Folashade Adeyemi, Ayaba Badirat Ajoke Adeyemi, Ayaba Memunat Omowunmi Adeyemi, Ayaba Omobolanle Adeyemi, Ayaba Moji Adeyemi, Ayaba Anuoluwapo Adeyemi, and Ayaba Damilola Adeyemi. TheOba has more than 50 stations throughout the country.