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5 Richest Kings In Nigeria 2019. #1 Made Forbe's List

Nigeria accommodates various traditional rulers who are influential and dignified persons in society. This owes to a large extent to their positions in the society, and the amount of wealth they’ve been able to amass over time. On special occasions when these ceremonial rulers have to be in public, they move in their highly expensive fleet of cars. 


Below is a list of the 5 richest kings in Nigeria 

#1. Oba Obateru Akinrutan - Olugbo of Ugbo ($300 Million ~ ₦108.2 Billion) - the richest king in Nigeria

Oba Obateru Akinruntan is the head of Ugbo, Ondo state. Besides being the royal leader of Ugbo, he owns Obat Petroleum, one of the largest private oil trading companies in Nigeria which controls Africa's largest oil depots.

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According to Forbe's list, Oba Akinrutan, the Olugbo of Ugbo kingdom is the wealthiest monarchs in Nigeria with his net worth estimated at 300 million USD.



#2. Sa'adu Abubakar - Sultan of Sokoto ($100 Million ~ ₦36.1 Billion)

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The list of richest kings in Nigeria can't be complete without the Sultan of Sokoto - the most powerful ruler in the north and among the richest in Africa.

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He sits over the Sokoto Caliphate, making him the spiritual head of the Muslims in the country. He is also the co-chairman of the Nigerian Council of Traditional Rulers. The sultan of Sokoto net worth is estimated at around $100 Million. 


#3. Lamido Sanusi Lamido - Emir of Kano ($80 Million ~ ₦30 Billion)

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Now, who wouldn’t know the Emir of Kano, Lamido Sanusi Lamido? The Emir is a one-time governor of the Central Bank of Nigeria.

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That position alone attracted recognition, influence and wealth, not even to mention his financial investments and assets.

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He has been listed as one of the most influential people of the year by the renowned Time magazine. The prolific leader and ruler of the Kano empire net worth is estimated to be about $80 million. 



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

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You sure have to accord the Oni of Ife some respect, if you’re to talk about him. Oba Adeyeye is influential in every meaning of it.

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The Ooni ranks as one of the most respected rulers in the world and holds a lot of power and authority in the Yoruba land.

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Besides his royal status, he is a successful real estate businessman and the Chancellor of the University of Nigeria, Nsukka. With an estimated net worth of about $70 Million, Oba Adeyeye is the 4th richest king in Nigeria.


#5. Oba Ewuare II Ogidigan - Oba of Benin ($60 Million ~ ₦21.7 Billion)

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Oba Ewuare is the traditional ruler of the people of Benin state, Nigeria. He wields power and influence that cannot be undermined.

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He holds a degree of Economics from the University of Wales, UK, and a Master degree of Public Administration from Rutgers University Graduate School, New Jersey, USA. He is also Nigeria's ambassador to a number of foreign countries. His net worth amounts to about 60 million USD.


Content created and supplied by: Samade (via Opera News )

Forbe Nigeria Oba Akinrutan Sa'adu Abubakar Sokoto

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