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Top 10 Richest Kings in Africa 2023 and Thier Net Worth

Dreal Frankie by Dreal Frankie
January 2, 2023
in News
0

Africa may be full of democratically governed countries, but it is still the land of many kings. Sure, there are only three African countries with constitutional monarchies Morocco, Swaziland and Lesotho, but there are several hundred traditional monarchs dispersed across Africa in urban, semi-urban and rural communities in independent countries.

Mostly, these monarchs wield little or no formal political power, but they fulfill spiritual and ceremonial obligations to members of their community.

African royalty are referred to as kings, queens emperors, or empresses. Before the Roman empire took control of parts of Africa, pharaohs ruled the kingdoms.

Some African kings ruled up to 1 million people, as in the YORUBA and Benin kingdoms of Nigeria, the ASANTE kingdom of Ghana, and the ZULU, Sotho, and Swazi kingdoms, of southern Africa.

Without much furtherado Auchijeffblog have gathered below the top 10 Richest Kings in Africa and their estimated net worth.

RankNamesNet Worth
1King Mohammed VI 2.1 Billion
2Oba Fedrick Obateru Akinrutan$300 Million
3Sultan Sa’adu abubakar III $110 Million
4Lamido Sanusi Lamido$100 Million

5

King Mswati III

$80 Million
6Oba Adeyeye Ogunwusi Enitan$70 Million
7Oba Ewuare II Odidigan$60 Million
8Obi Nnaemeka AlfredUgochukwu Achebe $50 Million
9Oba Rilwan Akiolu$40 Million
10Togbe Afede XIV $30 Million

10. Togbe Afede XIV – $30 Million

Togbe Afede XIV born 23 April 1957 and as at the time this article was published he is 65 years old. He is the Agbogbomefia of the Asogli State, President of Asogli Traditional Area, and former President of the National House of Chiefs. Togbe Afede XIV is also a traditional ruler. He is the Agbogbomefia of the Asogli State in Ghana. He was coronated in October 2003 and currently he is ranked the tenth richest kings in Africa.

He hails from Volta region, Ghana and also the President of the Volta Region House of Chiefs and a member of the Standing Committee of Ghana National House of Chiefs. Togbe received his MBA from Yale University in 1989.

9. Oba Rilwan Akiolu of Lagos Nigeria – $40 Million

Rilwan Babatunde Osuolale Aremu Akiolu born 29 of October 1943 is currently as at the time this article was published 78 years old, He is the incumbent Oba of Lagos. Riliwan served in the Nigerian Police Force and rose to the rank of Assistant Inspector-General of Police before his appointment as the 21st Oba of Lagos.

As the 21st incumbent Ọba of Lagos, Oba Akiolu is a descendant of the Ologunkutere Ruling House in Isale Eko (downtown Lagos), a haven of Lagos indigenes and he is one who is forever committed to the welfare and development of his people there.

8. Obi Nnaemeka Alfred Ugochukwu Achebe of Onitsha Nigeria – $50 Million

Nnaemeka Alfred Achebe was born on the 14 May 1941, he is a traditional ruler and the 21st Obi of Onitsha, in Anambra State, South-Eastern Nigeria. The Obi of Onitsha is the traditional leader of Onitsha, Anambra State, southeast Nigeria.

His Royal majesty Nnaemeka Alfred Ugochukwu Achebe. CFR, mni is 80 years old today. He is currently the Chancellor of Alhmadu Bello University and the former Chancellor of Kogi State University.

7. Oba Ewuare II Odidigan – $60 million

Oba Ewuare II Odidiga was born on the 20 October 1953 and was crowned the Oba of Benin on 20 October 2016. He is the 40th Oba, a title created for the Head of State (Emperor) of the Benin Empire at some time between 1180 and 1300.

He worked at the United Nations between 1981 and 1982. He also served as Nigeria’s Ambassador to Angola and Sweden, with accreditation to Norway, Denmark and the Republic of Finland. He was also Nigeria’s Ambassador to Italy.The current Oba Ewuare II of Benin, Edo State, is arguably a reincarnation of his forefathers. Upon his ascension to the throne Oba Ewuare II.

6. Oba Adeyeye Ogunwusi Enitan – $70 Million

Oba Adeyeye Enitan Ogunwusi was born on the 17 October 1974 and as at the time this article was written he is 47 years old, he is the 51st and current Ooni of Ife.

He is the traditional ruler/monarch of the Yoruba kingdom of Ile-Ife. He acceded to the throne in 2015 succeeding the deceased Oba Okunade Sijuwade who was the 50th Ooni of Ife. Ife is a traditional Yoruba state based in the town of Ife in Osun State, Nigeria.

5. Lamido Sanusi Lamido – $80 Million

Muhammadu Sanusi II was born on the 31 of July 1961 and as at the time this article was published he is 61 years old, he is known by the religious title Khalifa Sanusi II, is a spiritual leader in the Tijanniyah Sufi order of Nigeria.

He is a member of the Dabo dynasty and was emir of the ancient city-state of Kano. Sanusi is also a banker and an economist who served as the Governor of the Central Bank of Nigeria between 2009 and 2014.

4. King Mswati III of Switzerland – $100 million

King Mswati III was born on the 19 April 1968, he is the king of Eswatini and head of the Swazi royal family. He was born in Manzini in the Protectorate of Swaziland to King Sobhuza II and one of his younger wives, Ntfombi Tfwala.

He was crowned as Mswati III, Ingwenyama and King of Swaziland, on 25 April 1986 at the age of 18, thus becoming the youngest ruling monarch in the world at that time. Together with his mother, Ntfombi Tfwala, now Queen Mother Ndlovukati, he rules the country as an absolute monarch.

Mswati III is known for his practice of polygamy although at least two wives are appointed by the state and currently has 15 wives. For 35 years, King Mswati III has ruled as absolute monarch of the Kingdom of Eswatini, formerly known as Swaziland

3. Sultan Sa’adu Abubakar III of sokoto – $110 Million

Muhammadu Sa’ad Abubakar was born on the 24 of August 1956, he is the 20th Sultan of Sokoto. As Sultan of Sokoto, he is considered the spiritual leader of Northern Nigeria’s Muslims, the majority of the nation’s population.

Abubakar is the heir to the two century-old throne founded by his ancestor, Sheikh Usman Dan Fodio (1754–1817) leader of the Maliki school of Islam and the Qadiri branch of Sufism. He also served Nigerian Military and in 1977 commissioned as the second lieutenant.

On 2 November 2006, Abubakar ascended the throne following the death of his brother, Muhammadu Maccido, who died on ADC Airlines Flight 53.

2. Oba Fedrick Obateru Akinrutan – $300 Million

Fredrick Obateru Akinruntan who is a Nigerian monarch was born in the year 1950 amyd as at the time this article was published he is 72 years old, the traditional ruler of Ugbo Kingdom, a town in Ilaje Local Government, Ondo State, southwestern Nigeria.

He is an oil magnate and founder of Obat Oil, one of Nigeria’s largest and leading privately held oil companies. Abayomi is the son of King Fredrick Obateru Akinruntan, a wealthy traditional ruler in Ugbo Kingdom, a town in Ilaje Local Government, Ondo State, Nigeria.

1. King Mohammed VI of Morocco – $2.1 Billion

Mohammed VI who is the King of Morocco was born on the 21 of August 1963 and as at the time this article was published 59 year old, He belongs to the ‘Alawi dynasty and acceded to the throne on 23 July 1999, upon the death of his father, King Hassan II.

Upon ascending to the throne, Mohammed initially introduced a number of reforms and changed the family code, Mudawana, which granted women more power.

King Mohammed VI made a national televised address, promising to take on poverty and corruption, while creating jobs and improving Morocco’s human rights record. His reformist rhetoric was opposed by Islamist conservatives, and some of his reforms angered fundamentalists.

Brief Summary of the Richest Kings in Africa in 2022

  • King Mohammed VI – $2.1 Billion
  • Oba Fedrick Obateru Akinrutan – $300 Million
  • Sultan Sa’adu abubakar III – $100 Million
  • King Mswati III – $100 Million
  • Lamido Sanusi Lamido – $80 Million
  • Oba Adeyeye Ogunwusi Enitan – $70 Million
  • Oba Ewuare II Odidigan – $60 Million
  • Obi Nnaemeka AlfredUgochukwu Achebe – $50 Million
  • Oba Rilwan Akiolu – $40 Million
  • Togbe Afede XIV – $30 Million

Conclusion

In conclusion, the above gathered cities are currently as at the time this article was published top richest Kings in Africa. If you feel your otherwise, feel free to comment below.

Drop comment below

Tags: AfricaPolitical powerRichest Kings in AfricaUnited nation
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