Discover how rich are the local tribal kinds in Nigeria.
Nigeria is very proud of its outstanding people. There are lots of celebs, actresses, and musicians, who have become really prominent. But what about Nigerian tribes? Are there any significant personalities there? There are, for sure! Find out, who are the richest kings in the country and their net worth from this article.
Top African kings
There exists the ranking of the richest kings, found on African continent. Who are they? Let’s see:
- King Mohammed VI from Marocco. His main source of income is investment. He currently has $2 billion.
- Oba Obateru Akinrutan. He takes the most of his money from oil. He is of Ugbo origin, Nigeria. His net worth totals $300 million.
- Oba Okunade Sijuwade. This is another Nigerian. He owns $75 million and gets money from construction, property, and oil.
- King Mswati III. This man is from Swaziland. He is involved into investment activities and has more than $50 million net worth.
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Otumfuo Osei Tutu II. He is Ghanaian. To earn his $10 million, he has dealt with mining equipment, property, and jewelry.
Nigerian richest kings
Now, when we have observed all the wealthiest African personalities, we can pass on to Nigerian people. Let’s consider two richest kings from this country, who have been also mentioned in African ranking. They are:
Oba Obateru Akinrutan. His native state is Ondo. He lives in the Olugbo town of Ugbo Kingdom. It is a rich but small community. He is a traditional ruler of their land. His business started in 1981, when he founded a gas station to support his family and populated locality. Nowadays, this station has grown into a large private oil company, known as Obat Oil. It owns about 50 stations across the country. Besides, the reports say it has the biggest oil depot in whole Africa.
Oba Obateru Akinrutan became the king in 2009. Concerning his wealth, he was the first black man, who had purchased new version of Bentley car. Besides, he managed to do it even in 2012! While all the rest of the world had to wait until 2014. Along with this vehicle, he also owns a Rolls Royce (the same as Queen of England’s one). He also has several estate investments on the territory of the UK and Nigeria. Oba is an owner of Febson Hotel and mall in Abuja. As a businessman, he is interested in shipping, water purification, tourism, and production as well. According to Forbes, his net worth comprises more than $2 billion by now.
Oba Okunade Sijuwade was born in 1930. He was from Osun state and became the Ooni (traditional ruler) of Ife in 1980. During his life, he was a prominent businessman. His first, established in 1964, company was called WAATECO. It dealt with importing of vehicles and their parts into Nigeria. A bit later, he began investment activity and built Motel Royal Hotel. Oba Okunade Sijuwade also founded Sijuwade Group – business conglomerate dealing with gas, oil, property development, and construction. His total net worth was comprised of $75 million. This outstanding and rich king died in summer of 2015.
There is no data concerning any other Nigerian kings, as their net worth and activities are unknown. However, there are lots of them in various tribes and villages. They have different origins, but they have reached success on their land.
Now you know more about Nigerian native wealthy men. They managed not only earn large amounts of money, but also to become the rulers, the real kings of their land.