Top 10 Richest Kings in Nigeria (2023)

The Richest King in Nigeria

Before the advent of colonial masters, Kings in Nigeria are very powerful, respected and rich.

Richest kings in Nigeria

After colonial rule and independence in Nigeria, the status of Kings and monarchs in Nigeria is still held very high.

Nigeria has a special regard and respect for Royal fathers in Nigeria.

This article will center on Nigeria richest kings. The richest kings in Nigeria are those with biggest kingdom empires, assets and businesses in Nigeria.

Coming up with the wealthiest kings in Nigeria is an upheaval task as there are numerous kings in Nigeria.

However, after our intensive research and collation of data, we present our readers with the richest kings in Nigeria.

Top Kings in Nigeria

It is not a coincidence that richest kings in Nigeria are among the first class kings or monarchs in Nigeria.

Sometimes these top royal empires custodians in Nigeria are referee as Top kings in Nigeria. Below is the richest Kings in Nigeria.

Oba Obateru Akinrutan

Oba Obateru Akinrutan is the richest king in Nigeria.

The monarch from Yourba land is top entrepreneurs in Nigeria oil and gas industry.

He is king of Ugbo Kingdom, a town in Ondo state Nigeria. Oba Obateru is the founder and chairman of Obat Oil.

Oba Obateru Akinrutan ia not just the richest king in Nigeria, he is also rated the second richest king in Africa by Forbes with an estimate net worth of $300 million.

The Nigeria rich monarch love for luxury is second to non.

He acknowledged acquiring a wristwatch worth $1 million. Some of the most expensive cars in his fleet are Rolls-Royce and Bentley.

Oba Obateru Akinrutan net worth makes him the richest king in Nigeria.

So, he answers the question of who is the richest king in Nigeria.

Obi of Onitsha

The Onitsha Monarch, Igwe Alfred Nnaemeka Achebe is also rated second richest king in Nigeria.

The elegant and erudite king is estimated to worth over $50 million according to multiple online sources.

Before his ascention to the throne, Obi served executive director at Shell Petroleum Development Company.

He also worked in Nigeria banking industry. Currently, he is the Chancellor of Ahmadu Bello University, Zaria.

Annually the commercial city of Onitsha, holds offala festival in respect and solidarity with the Obi of Onitsha.

The festival is adjudged one of top ten biggest festivals in Nigeria.

Sultan of Sokoto

Muhammadu Sa’ad Abubakar IV, Sultan of Sokoto is ranked one of the richest kings in Nigeria.

Sultan is the most respected Monarch in Nigeria.

This may not be unconnected to his position as the leader of Islam in Nigeria.

Prior to his ascention to the Sultan throne, he headed a presidential security unit of the Armoured Corps that guarded then military ruler General Ibrahim Babangida in the late 1980s.

He retired as Brigadier General in Nigeria Army before his coronation as Sultan of Sokoto. He is one of the wealthiest kings in Nigeria.

Ooni of Ile-ife

The most popular Yoruba King, Ooni of Ife, Oba Adeyeye Ogunwusi Eniitan is in the list of richest kings in Nigeria.

The Young Monarch presides over one of the largest Kingdom in Nigeria. He is highly regarded across Nigeria.

He owns a fleet of luxurious cars. He is a chartered accountant and the Chancellor at the University of Nigeria, Nsukka.

Oba Ogunwusi ascended to the Ooni throne in the year 2015.

Oba of Benin

This is one of most respected kings in Nigeria. The throne is currently occupied by Oba is Ewuare II who was crowned the Oba of Benin on 20 October 2016 representing the 40th Oba of Benin.

He is one Nigeria Richest kings. It is alleged that annually, Oba of Benin receives over N100 million in gifts especially during annual homage ceremony.

Oba Ewuare before his coronation is career Ambassador and represented Nigeria in some top countries of the world like Italy, Sweden etc.

Amanyanabo of Grand Bonny Kingdom

King Edward Asimini William Dappa Pepple III, Amanyanabo of Grand Bonny Kingdom and Natural Ruler of Grand Bonny Kingdom, is in the league of richest kings in Nigeria.

The monarch is the ruler and custodian of Bonny kingdom, the oil rich region of Rivers state.

The King of Bonny is the only recognized 1st Class Chief in Bonny and still commands immense traditional power in the Kingdom.

Alaafin Of Oyo

List of Richest kings in Nigeria also has another top Yoruba monarch, Lamidi Olayiwole III, the Alaafin of Oyo.

He is currently one of the oldest among first class kings in Nigeria. He is former boxer and insurance clerk.

The Yoruba top king has about Five (5)wives and is a wealthy kings. He is the biggest king in Oyo State.

Olu of Warri

The traditional ruler of oil rich Warri kingdom, Godfrey Emiko, the Olu of Warri is also rated among richest kings in Nigeria.

He is the ruler of Itsekiri people and entire Warri town. Warri is one of the Nigeria oil rich region and home of some top IOCs.

Emir of Kano

Kano Emirate is the biggest and richest Emirate in Nigeria.

The Emir of Kano, Aminu Ado Bayero is no doubt one of the richest monarchs in Nigeria.

The top respected Monarch ascended to the throne on March 2020 following the banishment of former Emir of the Emirate, Lamido Sanusi.

The Emir of Kano, Amina Ado Bayero prior to his ascention to throne worked in the aviation industry and served as flight engineer.


The Author

Emmanuel Igwenagu

Igwenagu Emmanuel is the founder of Nigerian Informer. He holds B.A, M.Sc in Mass Communication. He is a Communication researcher and 112 emergency help line dispatcher.

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