Top 10 richest kings in Nigeria, net worth and kingdoms

Nigeria's monarchy system is still highly regarded as many kingdoms bow to hail their kings. Kings accumulate lots of wealth in Nigeria, so we want to look at Nigeria's top ten richest kings.

As the head of the kingdom, kings in Nigeria must ensure that they live exemplary life and see that their image represents the people they lead, the culture, and their motherland.

Nigeria is home to many kingdoms, and thus, many influential kings in the nation are seen as dignified personalities by citizens.

Don't be surprised when you see some of these kings arrive on special occasions with convoys of expensive cars. Most of them have amassed wealth over time, thus making them wealthy kings.

Have you ever wondered who the richest kings in Nigeria are? Let's see the top ten richest kings in Nigeria and their net worth.

 1. Oba Obateru Akinrutan - The Olugbo of Ugbo

The number one richest king in Nigeria is Oba Obateru Akinrutan, the Olugbo of Ugbo in the Yoruba kingdom.

Oba Obateru Akinruntan is the head and traditional ruler of Ugbo in Ondo State. Apart from his role as a traditional ruler, Oba Akinruntan is also a business mogul. He is the owner of Obat Petroleum, one of Nigeria's largest private oil trading companies.

 Oba Obateru Akinrutan's cars:

The Olugbo of Ugbo, the richest king in Nigeria, owns and rides a Bentley Mulsanne (2014 model) valued at over N100m and a customised Rolls-Royce (2012 edition) is built-in line with the standards of that of the Queen of England.

 Oba Obateru Akinrutan's net worth:

According to Forbes' list, the Olugbo of Ugbo kingdom, whom we rate as the richest king in Nigeria, has an estimated net worth of 300 million dollars (N117 billion).

This gives him the first position on the list of the top 10 richest kings in Nigeria.

 2. Sa'adu Abubakar - The Sultan of Sokoto

Sa'adu Abubakar, the Sultan of Sokoto, is the second richest king in Nigeria.

Undoubtedly, the Sultan of Sokoto is among the richest kings in Nigeria and also among the richest in Africa. The Sultan of Sokoto is, in fact, the most powerful ruler in the northern part of Nigeria.

Sa'adu Abubakar sits over the Sokoto Caliphate, thus making him the most powerful traditional ruler in the north and the spiritual head of the Muslims in Nigeria.

Sa'adu Abubakar, the Sultan of Sokoto, the second richest king in Nigeria, is also the Nigerian Council of Traditional Rulers' co-chairman. He is the 20th Sultan of Sokoto and ascended to the throne in 2016, following his predecessor, Sultan Miccado.

 Sa'adu Abubakar's cars:

Sa'adu Abubakar, the Sultan of Sokoto, has a fleet of cars to himself. However, the most remarkable is his Rolls-Royce (2017 model).

 Sa'adu Abubakar's Net worth

The Sultan of Sokoto's net worth is estimated at 100 million USD (N39 billion). His net worth ranks him high on this list of the top 10 richest kings in Nigeria.

 3. Lamido Sanusi Lamido - The Former Emir of Kano

Sanusi Lamido Sanusi is the third richest king in Nigeria.

Almost everyone in Nigeria would know Lamido Sanusi Lamido, the former Emir of Kano. He was governor of the Central Bank of Nigeria.

The position as the governor of CBN alone attracted him both national and international recognition, wealth, and influence. He has lots of assets and has made many investments.

Time Magazine had listed him as one of the most influential people, and judging by his net worth, he is one of the richest kings in Nigeria.

 Sanusi Lamido Sanusi's cars:

The former Emir of Kano, Sanusi Lamido Sanusi, was the second most powerful monarch in the north after the Sultan of Sokoto, even though he had received constant attacks from the Kano state governor, Ganduje.

Kano State Governor Umar Ganduje in March 2020 removed Sanusi Muhammad II as the emir of Kano, months after the relationship between the two went sour.

With a yearly salary of N14 million when he was Emir, he trusts he could afford luxury cars and indeed boast of possessing fleets of cars.

Recently, he acquired the latest Rolls-Royce, which got many Nigerians talking as the car is worth millions of dollars.

Asides from the new model Rolls-Royce, Sanusi also has in his possession a 1952 Rolls-Royce Silver Wraith ALW 11, which is an inherited car passed down from the generation of Emirs of Kano.

 Sanusi Lamido Sanusi's net worth

The former Emir and business tycoon's net worth is estimated at 80 million USD (N31.2 billion).

 4. Oba Adeyeye Ogunwusi Enitan - The Ooni of Ife

Oba Adeyeye Ogunwusi Enitan, the Ooni of Ife, is the fourth richest king in Nigeria.

Oba Adeyeye Ogunwusi Enitan is a very influential king in Yoruba land. You must indeed accord him some respect when addressing him.

Apart from the authority and power he holds in Yoruba land, the Ooni is also rated as one of the most respected rulers in the world.

Besides being royalty, Oba Adeyeye Ogunwusi Enitan is also the Chancellor of the University of Nigeria Nsukka and a businessman in the real estate industry.

 Oba Adeyeye Ogunwusi Enitan's cars

The Ooni of Ife owns many cars, particularly expensive foreign models. One of the grandest of all in his fleet of cars is his Rolls-Royce Phantom (2011 model).

Aside from Rolls-Royce, he also owns a Mercedes-Benz S550 and two Bentleys.

 Oba Adeyeye Ogunwusi Enitan's net worth

Oba Adeyeye Ogunwusi Enitan, the Ooni of Ife, is worth about 70 million USD (N27.3 billion), thus putting him on the list of the top 10 richest kings in Nigeria.

 5. Oba Ewuare II Ogidigan - The Oba of Benin

Oba Ewuare II Ogidigan is the traditional ruler of the Benin Kingdom and the fifth richest king in Nigeria. He wields an enormous deal of power, authority, and influence.

Oba Ewuare II Ogidigan holds a degree in Economics from the University of Wales, UK, and a Master's degree in Public Administration from Rutgers University Graduate School, New Jersey, USA.

The Oba of Benin is also Nigeria's ambassador to some foreign nations. He lives in a beautiful palace built to the standards of a world-class monarch. Oba Ewuare II Ogidigan is the 40th Oba of the Benin Kingdom.

 Oba Ewuare II Ogidigan's cars:

In addition to his other cars, the Oba of Benin owns a Rolls-Royce Phantom (2016 model), which is worth over N150 million.

 Oba Ewuare II Ogidigan's net worth

Oba Ewuare II Ogidigan's is one of Nigeria's top 10 richest kings as his net worth amounts to about 60 million USD (N23.5 billion).

 6. Nnaemeka Alfred Ugochukwu Achebe - The Obi of Onitsha

Nnaemeka Alfred Ugochukwu Achebe is the Obi of Onitsha and is recorded as the sixth richest king in Nigeria. He is undoubtedly one of the most prominent monarchs in the eastern part of Nigeria.

This monarch has made a name for himself in royalty and business. He was once the Chancellor of Ahmadu Bello University, Zaria, and served as executive director at Shell Petroleum Development Company.

 Nnaemeka Alfred Ugochukwu Achebe's cars

Nnaemeka Alfred Ugochukwu Achebe, the Oba of Onitsha, is one of the richest kings in Nigeria. Amongst his top cars is a Rolls-Royce (2016 model) priced at no less than N100m.

 Nnaemeka Alfred Ugochukwu Achebe's net worth

The Obi of Onitsha, one of the top 10 richest kings in Nigeria, is worth about 50 million USD (N19.5 billion).

 7. Oba Lamidi Adeyemi - The Alaafin of Oyo

Oba Lamidi Adeyemi is the seventh richest king in Nigeria. Oba Lamidi Adeyemi is the Alaafin and traditional ruler of Oyo State. In Yoruba land, he is ranked as the second most influential king.

The Alaafin, also known for his many beautiful wives, lives a flamboyant lifestyle. The Alaafin's palace has over 200 buildings and has been deemed a historical monument by foreign and local experts.

 Oba Lamidi Adeyemi's cars:

Oba Lamidi Adeyemi is a lover of SUVs. He owns a Toyota Land Cruiser, a Lexus GX 470, and a stretched limousine, among other cars.

 Oba Lamidi Adeyemi's net worth

Oba Lamidi Adeyemi's net worth is about 40 million USD (N15.6 billion). This placed him on the list of the top 10 richest kings in Nigeria.

 8. Oba Babatunde Aremu Akiolu - The Oba of Lagos

Oba Babatunde Aremu Akiolu is the eighth richest king in Nigeria. He is the Oba of Lagos and one of the traditional rulers in Nigeria who cannot be overlooked. Of course, he is one of the richest kings in Nigeria.

The wealthy king had bagged his LL.B. degree from the University of Lagos and served in the Nigerian Police Force for 32 years before he ascended.

The palace of the Oba of Lagos alone is worth as much as 2 billion naira. The king himself has many assets in his possession.

 Oba Babatunde Aremu Akiolu's cars

One of the top cars in the garage of this Lagos state monarch is a 2016 Mercedes-Benz S550, which is priced at over N34m.

 Oba Babatunde Aremu Akiolu's net worth

Oba Babatunde Aremu Akiolu's net worth is estimated at 40 million USD (N15.6 billion).

 9. Godfrey Emiko - The Orlu of Warri

Godfrey Emiko, the Orlu of Warri, is the ninth richest king in Nigeria. He is rated as one of the top 10 richest kings in Nigeria because of his affluence.

He reigns in the Niger-delta region of Nigeria and controls oil and gas resources in that region.

It would be fair to say that part of this king's wealth comes from the oil and gas sector.

 Godfrey Emiko's cars

It seems Godfrey Emiko, the Orlu of Warri, is not into cars as he's hardly spotted in luxury cars. It is noteworthy that this king doesn't need fancy cars to show off his wealth.

 Godfrey Emiko's net worth

Being one of the richest kings in Nigeria, the Orlu of Warri has a net worth estimated at 30 million USD (N11.7 billion).

 10. Benjamin Ikenchuku Keagborekuzi I - The Dein of Agbor

Benjamin Ikenchuku Keagborekuzi I is the tenth richest king in Nigeria.

Benjamin Ikenchuku Keagborekuzi is the traditional leader of Agbor in Delta state. He was crowned king when he was just two years old, following his father's death. Thus, his name entered the Guinness Book as the youngest monarch.

He earned multiple degrees and certificates in the United Kingdom, and on his return, he was appointed the Chancellor of the University of Ilorin. He became the youngest Chancellor of the university.

 Benjamin Ikenchuku Keagborekuzi I cars:

This royal leader of Agbor has been spotted riding in a plain black Mercedes Benz S550 Maybach (2015 model) worth about N65m.

 Benjamin Ikenchuku Keagborekuzi I networth

Benjamin Ikenchuku Keagborekuzi I, the Dein of Agbor, is worth an estimated 10 million USD (N3.9 billion); thus, he made it to the list of the top 10 richest kings in Nigeria.