7 Richest Monarchs in Nigeria What They Do For Living
NIGERIAN NEWS brings you a follow up on the rich circles. Just recently, NIGERIAN NEWS published an article on the 7 richest Nigerian actresses, and today is bringing to your doorstep, the list of 7 richest kings in Nigeria.
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To talk about the monarchy is to talk about wealth, royalty and influence. Though Nigeria does not operate on a monarchical government, the traditional institutions have through eminence become influence building tool in Nigeria’s politics.
Below is NIGERIAN NEWS list of 7 Richest Kings In Nigeria arranged in an order of descent;
Oba Obateru Akinruntan
Kabiyesi is the Olugbo of Ugbo kingdom, a small kingdom in Ondo state. Today, he ranks as number one on our list of 7 richest kings in Nigeria. Oba Obateru rules a very tiny kingdom that is in rich oil.
His net worth is estimated to be 300 million dollars. Oba Akinruntan is the owner of the largest oil depot in Africa. He is the founder and chairman of Obat Oil and has relatively gathered the major bulk of his wealth from oil and gas.
Oba Akinruntan has investment interests in real estate within and outside Nigeria. He is the owner of Febson Hotels and Malls, and also owns the custom made 2014 model of Rolls Royce- a replica of Queen Elizabeth’s.
Oba Adeyeye Ogunwusi Enitan
Oba Enitan is the one true king (Ooni) of Ife. Oba Ogunwusi falls as number two on the list of 7 richest kings in Nigeria with a net worth almost accruing to at least 40 million Dollars.
Before ascending the throne, Oba Adeyeye was a successful business tycoon with interest cutting across imports, construction and real estate. On ascending the throne, he brought style and elegance to it.
He is ranked one of the most fashionable monarchs in Nigeria. He currently sits as the co-chairperson of the Nigerian Council of Traditional Rulers with the Sultan of Sokoto.
Sultan Sa’ad Abubakar
Sultan falls as number three amongst the 7 richest kings in Nigeria. The monarch and spiritual leader was ranked by Forbes as the third richest monarch in Nigeria with a net worth of at least 35 million dollars.
The Sultan is the most honoured monarch in the North, and leader of all Muslim in Nigeria. His influence cannot be overemphasized.
He currently sits as the co-chairperson of the Nigerian Council of Traditional Rulers. Sultan Abubakar has his investments cut across hotels, real estate, oil and gas and agriculture.
Emir Muhammad Sanusi:
Former CBN governor turned monarch, Sanusi Lamido Sanusi is the fourth richest monarch in Nigeria, and has fallen on the list as number four on a list of 7 richest kings in Nigeria.
He is reported to have a net worth of at least 25 million dollars. He is the Emir of Kano and is ranked among the first class monarchs in Nigeria. Emir Sanusi has investment interests in real estate and agriculture, consulting and a host of others.
Oba Lamidi Olayiwole
Oba Lamidi is the Alaafin of Oyo. He falls as the fifth richest monarch on the list of 7 richest kings in Nigeria. He was also ranked as the fifth richest monarch in Nigeria by Forbes.
Oba Olayiwole has his wealth sourced from real estate, imports and hotels. He also has investment interest cutting across oil and gas, agriculture amongst others. His net worth is estimated to be at least 20 million Dollars.
Oba Adedotun Aremu Gbadebo
Oba Gbadebo is the Alake of Egbaland. He is the sixth richest king in Nigeria with a net worth of at least 15 million dollars.
He is the founder and chairman of Oando Nigeria Plc, a leading marketer of oil and gas in Nigeria. Oba Adedotun also has the good list of landed properties including a well-furnished mansion in his hometown of Abeokuta.
He has investment interests in real estate, manufacturing, hotels, and agriculture.
Chief Nnaemeka Alfred Ugochukwu Achebe
Chief Achebe is the Obi of Onitsha and has today fallen on the list of 7 richest kings in Nigeria as the seventh. The king is said to have a net worth of at least 12 million Dollars.
Before ascending the throne, Chief Alfred was a Chief Executive at Shell Corporation. He was once a chairman of a leading commercial bank- Diamond Bank Plc
Chief Achebe owns quite a number of landed properties across the country. He also has an investment interest in oil and gas.
He is currently a non-Executive chairman at Unilever Nigerian Plc, a manufacturing company dealing in the production of consumable products.