Top 10 richest kings in Nigeria

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Top 10 richest kings in Nigeria


Nigeria, with its diverse ethnic groups, boasts a rich tapestry of cultural heritage, and country’s traditional rulers kings and chiefs who command both respect and immense wealth. In this article, we delve into the lives of the top 10 richest kings in Nigeria, exploring their net wort, and the luxurious vehicles that adorn their royal fleets.

Oba Obateru Akinruntan


Reigning over the prominent town of Ugbo in Ondo State, Oba Obateru Akinruntan, the “Olugbo of Ugbo,” stands as the wealthiest king in Nigeria. His net worth, estimated at $300 million, stems from his role as an oil magnate and founder of Obat Oil in 1981.

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Akinruntan’s opulent lifestyle is mirrored in his car collection, including a 2014 Bentley Mulsanne and a 2012 Rolls-Royce.

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Sa’adu Abubakar Sultan of Sokoto

The Sultan of Sokoto, Sa’adu Abubakar, follows closely with a net worth of $100 million. His journey to wealth involves a military career, commanding respect as the 20th Sultan of Sokoto.

His car collection features a 2017 Rolls-Royce, showcasing a taste for luxury and style.

Lamido Sanusi Lamido


Once the 14th Emir of Kano and a former Nigerian Central Bank Governor, Lamido Sanusi Lamido boasts a net worth of $80 million. Dethroned in 2020, Lamido maintains a lavish lifestyle with two Rolls-Royce cars.

Oba Adeyeye Ogunwusi Enitan Ooni Of Ife


Ascending the throne in 2015, Oba Adeyeye Ogunwusi is not only the traditional ruler of Ile-Ife but also a savvy entrepreneur.

With a net worth of $70 million, he has actively contributed to housing development and owns luxury cars, including a 2011 Rolls-Royce Phantom, 2 Bentleys, and a Mercedes Benz S550.

Oba Ewuare II Ogidigan — Oba of Benin


Crowned in 2016, Oba Ewuare II’s net worth stands at $65 million. His diplomatic background, having worked with the United Nations and served as Nigeria’s Ambassador to several countries, contributes to his wealth.

Notable in his car collection is a 2016 Rolls-Royce Phantom.

Nnaemeka Alfred Ugochukwu — Obi of Onitsha


As the 21st Obi of Onitsha and the chancellor of Ahmadu Bello University, Nnaemeka Alfred Ugochukwu possesses a net worth of $60 million. His 2016 Rolls-Royce reflects both his academic and royal stature.

Olu of Warri – Tsola Emiko’s Ascension


Utieyinoritsetsola Emiko, the 21st king of the Warri kingdom, inherited a royal bloodline and a net worth of $10 million. His coronation in 2021 marked by a lavish ceremony showcased his plans for a memorable reign.

The Olu of Warri’s car collection includes a customized Rolls Royce Phantom and Bentley Continental

Rilwan Babatunde Osuolale Aremu Akiolu—Oba of Lagos


Before ascending the throne in 2003, Rilwan Babatunde Osuolale served as an Assistant Inspector General of Police. With a net worth of $9 million, he has maintained his regal status, leading as the 21st Oba of Lagos

.Benjamin Ikenchuku Keagborekuzi I — Dein of Agbor


The Dein of Agbor in Delta State, Benjamin Ikenchuku Keagborekuzi I, rounds off the top 10 list with a net worth of $8 million.

Crowned at a remarkably young age, his car collection includes a 2015 Mercedes-Benz S550 Maybach.


While these monarchs represent the pinnacle of wealth among Nigeria’s traditional rulers, it’s essential to acknowledge the broader tapestry of rich cultural heritage and diverse royalty that contributes to the nation’s history and identity.

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