The world is blessed with so many countries with different tribes. Both the European countries, Americans, Asians and also African countries have traditional rulers that rules over different tribes in different regions. Though the emergence of modern day government has reduced the power and control of traditional rulers of different tribes but still they are a force to reckon with in the society.
Here we would be taking look at the top richest traditional rulers in Africa and their networths.
1) King Mohammed IV
His majesty King Mohammed IV of Morroco is considered to be the richest King in the whole of Africa. The king in the Northern Africa is considered the most wealthy king I the whole of Africa has he boost of an estimated worth of about $2billion. He ascended the throne on July 1999 as he became the 27th ruler of the Alaouite dynasty. The king accumulated his wealth from his control of Société Nationale d'investissement (SNI) a Moroccan investment company holding an asset of around $10billion.
He is a native of Ondo state,in the western part of Nigeria. He comes from a town in Ondo state that is blessed with crude oil. He ascended the throne in 2009 and is the founder of one of Nigeria leading oil firm 'Obat oil'. He his said to have an estimated net worth of about $300 million. He also has alot of investment both in Nigeria and other parts of the world.
3 King Mswatt III
The king is a very popular king from Swaziland a small country in Africa. He his king known for his flamboyant life style. He his said to have an estimated net worth of $50million. His major investment is in the sugar industry of the country has he posses large stake in Tibiyo TakaNgwane an investment company who own stake sugar refining giant such as Royal Swaziland Sugar Corperation.
So many king's are still in Africa that has mass amount of wealth and investment.
Content created and supplied by: Phelolo (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More