Ten Richest King in Nigeria 2020 - Updated

Ten Richest Kings in Nigeria 2020 – Updated

The Ten Richest Kings, Being among the Elite kings in Nigeria isn’t easy. These kings must ensure and maintain their images that represent their people and motherland. They inherit the thrones to live in honorable palaces and drive luxury cars.  naijabreakingnews.com.ng  takes its time to write an article on the Ten richest kings in Nigeria as of 2020 and their cars for your reading pleasure.
If you come from the Royal family, you will want to know the richest king in Nigeria. To give an answer to the question “who is the richest king in Nigeria as of 2020”. You need to figure out the person that holds the number one spot among the list!

Nigeria accommodates various traditional rulers who are influential and dignified persons in society. This owes to a large extent of 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, Nigerians are not surprised to see convoys, cars in their numbers.

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Who are These Ten Richest Kings in Nigeria 2020?

The nation “Nigeria” is one of the countries that has many ethnic groups with different traditional rulers. With the current evolution of things, some of these traditional rulers however have made a step-up in their car- game.

Here is a list of the Ten Richest Kings in Nigeria as of  2020

 

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1. Oba Obateru Akinrutan (Olugbo Of Ugbo) With The Net Worth At $300 Million Dollars Which Converted To ₦108.2 Billion Naira!

olugbo of ugbo land

Oba Obateru is the richest king in Nigeria which makes him the first richest on Naijabreakingnews.com.ng spot of the Ten Richest Kings in Nigeria as of  2020, Oba Obateru Akinruntan is the royal King of Ugbo, a prominent town in Ondo State. He bears the title of  “Olugbo of Ugbo”, it is no doubt that Oba Akinruntan is one of the eminent Yoruba monarchs within and outside Ondo State. His wealth has earned him the richest king not only in the Yoruba kingdom but also in the whole of Nigeria at this present time. His wealth and assets beat that of other traditional leaders with a net worth estimated at $300 million dollars (₦108.2 Billion naira) according to Forbes.

Oba Obateru Akinruntan Cars

He is the First Black Man To Own A Bentley Mulsanne. Oba Obateru Akinrutan owns a Bentley Mulsanne (2014 model) valued at over N100 million and also boasts of driving a Custom built Rolls-Royce (2012 edition) built to match the standard of that of the Queen of England, with which the Olugbo of Ugbo joins the royal list of Nigerian monarchs who ride Rolls-Royce. The end, very much similar to the vehicle Queen Elizabeth II of England goes around in. A business magnate chairman of Obat oil.

2. Sa’adu Abubakar (Sultan Of Sokoto) The Net Worth Of $100 Million Dollars Which Converted To ₦36.1 Billion Naira!

sultan  of sokoto

The net worth made him the second richest king in Nigeria as of 2020. An anthology of the ten richest kings in Nigeria will be incomplete without the entry of the sultan of Sokoto. The monarch, who is one of the most respected not just the country but the continent, has played a key role in ensuring the peace and stability of Nigeria.  Sultan Abubakar IV is the 20th Sultan of the Sokoto Caliphate and ascended the throne in 2006 after the death of the 19th Sultan Sultan Miccado. Sultan Abubakar served in the military and resigned as Brigadier General before he took up the throne.

Sa’adu Abubakar Car

The Sultan Abubakar IV has an A-game when it involves cars.. Sultan Abubakar IV owns fleets of cars, but the most eminent is his model Rolls-Royce 2017.

3. Lamido Sanusi Lamido (Emir Of Kano) With The Net Worth Of $ 80 Million Dollars Which Converted To ₦30 Billion Naira!

Ten Richest King in Nigeria 2020 - Updated

This name “Emir Of Kano” is also among the that is very popular amongst the traditional rulers as he was a one time governor of the Central bank. Muhammadu Sanusi II (Sanusi Lamido Sanusi; was born on the 31st of July, 1961) was the 14th Emir of Kano from the Fulani Sullubawa clan. He ascended the throne in 2014, following the death of his grand-uncle Ado Bayero. On the 9th of March, 2020, he was deposed by Governor Abdullahi Ganduje.

Muhammad Sanusi II has been dethroned as the Emir of Kano by the Governor Abdullahi Ganduje-led administration. The Emir of Kano was on a yearly salary of ₦14 Million naira from the Federal government of Nigeria

His Cars

The northern ruler recently acquired the latest Rolls-Royce, this didn’t go well with Nigerians as the car seems to cost quite a fortune. Moreso, with an annual salary of ₦14 million naira, you will agree that the Emir has quite enough money to spend on luxury cars. The model of the car is yet to be known. Lamido Sanusi Lamido’s net worth made him the third richest king in Nigeria.

4. Oba Adeyeye Ogunwusi Eniitan  (Ooni Of Ife) With The Net Worth Estimated At $70 Million Dollars  ₦25.3 Billion Niara!

Ten Richest King in Nigeria 2020 - Updated

The net worth of ₦25.3 billion naira made him the fourth richest king in Nigeria. Oba Adeyeye Ogunwusi Eniitan is the traditional ruler, or Ooni, of the Yoruba kingdom of Ile-Ife. He has been holding his title since 2015. Aside from being a traditional ruler, he is a successful real estate businessman and the Chancellor of the University of Nigeria, Nsukka. His net worth is estimated at about $70 million dollars which places him in the 4th spot among the Ten Richest King in Nigeria as of 2020. Ooni of Ife has been active during the COVID-19 pandemic to ensure that his region is free from the COVID-19.

Oba Adeyeye Eniitan Car

Ooni Of Ife isn’t left out from kings that have a  Roll- Royce car in their garage. He owns a Rolls-Royce Phantom model year 2011, 2 Bentleys, and a Mercedes Benz S550.

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5. Oba Ewuare II Ogidigan (Oba Of Benin ) With The Net Worth Estimated At $ 60 Million Dollars Which Converted To ₦21.7 Billion Naira!

oba of benin

The traditional ruler for Benin bears the title “Oba of Benin”. The present Oba of Benin is Ewuare II. He authorizes great power and influence. The Benin monarch has a beautiful palace that suits a first-class monarch who is the 40th Oba of the Benin kingdom.

Oba Ewuare II Odidigan Car

The oba of Benin joins his other traditional rulers with the car choice of a Rolls-Royce Phantom 2016 model with an estimated cost of over ₦150 million naira.

The oba of Benin is believed to have a net worth of about $60 million.

6. Nnaemeka Alfred Ugochukwu Achebe (Obi Of Onitsha) With The Net Worth Of $ 50 Million Dollars Which Converted To ₦18.1 Billion Naira!

Obi of Onitsha

Obi Alfred Ugochukwu is the 21st traditional ruler of Onitsha. He served as the executive director at Shell Petroleum Development Company and was once the Chancellor of Ahmadu Bello University, Zaria. Being the King sums it all up, and magnifies the equation altogether. It’s no doubt that with all of his personal achievements, he has made wealth over time that could offer him the luxury and exotic cars he desires.

Nnaemeka Alfred Ugochukwu Achebe Car

The obi uses a  2016 Rolls-Royce model that costs no less than ₦100 million and he’s believed to have a net worth of $50 million.

7. Oba Lamidi Adeyemi (Alaafin Of Oyo) With The Net Worth Estimated At $40 Million Dollars Which Converted To ₦14.6 Billion Naira!

Ten Richest King in Nigeria 2020 - Updated

Lamidi Olayiwola Adeyemi III is the Alaafin Of Oyo or the traditional ruler of the Yoruba town of Oyo. Born on the 15th of October 1938, His net worth is estimated at $40 million dollars.

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Alaafin Of Oyo Car

He drives a stretch limousine, a Lexus GX 470, a Toyota Land Cruiser in his fleet including customized limousine for his interstate rides

8. Oba Babatunde Aremu Akiolu (Oba Of Lagos) With The Net Worth Of $40 Million Dollars Converted To ₦14.6 Billion Naira Same Net Worth With Alaafin Of Oyo!

Oba of Lagos

One traditional ruler that cannot be overlooked is the Oba of Lagos. He served as the Assistant Inspector General of Police before he was crowned Oba of Lagos. He is a very powerful person.

Oba Babatunde Arẹmu Akiolu Car

The oba uses a 2016 Mercedes-Benz S550 which sells for over N34 million, the most gracious of all the ones that sleep in his garage. Oba Rilwan Babatunde Akiolu’s net worth is estimated at around 40 million USD.

9. Godfrey Emiko (Olu Of Warri) With The Net Worth Estimated At $30 Million Dollars Which Converted To ₦10.8 Billion Naira!

Ten Richest King in Nigeria 2020 - Updated

Godfrey Emiko, the Olu of Warri, falls among the richest kings in Nigeria with his net worth at 30 million dollars. The Olu of Warri doesn’t need fancy cars to show off his wealth; hence, it’s hard to spot him in the luxury vehicles.

10. Benjamin Ikenchuku Keagborekuzi I (Dein Of Agbor) With The Net Worth Of $10 Million Dollars Converted To ₦3.62 Billion Naira!

Ten Richest King in Nigeria 2020 - Updated

Benjamin Ikenchuku Keagborekuzi I is the royal king of Agbor, a town in the oil-rich Delta state. He was crowned when he was 2 years and 4 months old following the sudden death of his father, the late Obi.

Benjamin Ikenchuku Keagborekuzi I Car

He drives a simple black model of the Mercedes Benz S550 Maybach 2015 worth ₦65 million.

 

Naijabreakingnews.com.ng has gotten to the final spot of Ten Richest Kings in Nigeria as of  2020  which Oba Obateru Akinrutan is the person that holds the first spot of the richest kings in Nigeria while Benjamin Ikenchuku Keagborekuzi is the last richest king in Nigeria on our spot list!

 

Below is the summary table for the richest kings in Nigeria as of 2020!

Top ten richest kings in Nigeria as of 2020 in summary

Spot LIST OF TOP 10 RICHEST KINGS IN NIGERIA & NET WORTH (2020)
Rank  Monarch Net worth in USD Net worth in Naira
#1 Olugbo of Ugbo Kingdom $300 Million dollars ₦117 Billion naira
#2 Sultan of Sokoto $100 Million dollars ₦39 Billion naira
#3 Emir of Kano $80 Million dollars ₦31.2 Billion naira
#4 Ooni of Ife $70 Million dollars ₦27.3 Billion naira
#5 Oba of Benin $60 Million dollars ₦23.4 Billion naira
#6 Obi of Onitsha $50 Million dollars ₦19.5 Billion naira
#7 Alaafin of Oyo $40 Million dollars ₦15.6 Billion naira
#8 Oba of Lagos $40 Million dollars ₦15.6 Billion naira
#9 Olu of Warri $30 Million dollars ₦11.7 Billion naira
#10 Dein of Agbor $10 Million dollars ₦3.9 Billion naira

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