The Top Five Richest Kings In Nigeria

Nigerian history is filled with not only memorable events, but also outstanding personalities. Some of the most famous personalities in Nigeria are the numerous kings who are known, among other things, for their wealth. Check out the top 5 richest kings in Nigeria!

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5. Alaafin Oyo

Alaafin Oyo is one of the fifth richest kings in Nigeria, but that is not even the most famous thing about him. Alaafin Oyo made his name in history when he became the most powerful Yoruba monarch of all times. He made some immense contributions and established a respectable place for the Yoruba people on the world map.


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Besides being the fifth richest Nigerian king and the strongest Yoruba monarch, Alaafin Oyo is also considered to be one of the three most powerful kings in the history of Nigeria, which is definitely not a small feat.

4. Emir of Kano

The Emir of Kano, who was known as Mallam Muhammad Sanusi II prior to his coronation, landed the fourth position in the rating of the richest Nigerian kings. In addition to this coveted achievement, he is also viewed as the second most respected monarch in Northern Nigeria.

What’s particularly interesting about the Emir of Kano is that unlike most other monarchs on our list, he has only been serving for a few years. He was crowned in 2014, which means it took him only five years to surpass many of other renowned kings in terms of wealth.

3. Sultan of Sokoto

The Sultan of Sokoto, Sa’ad Abubakar, may be only the third on our list of the richest kings in Nigeria, but he can certainly take solace in being considered the strongest king in Northern Nigeria. Millions of Nigerian Muslims look up to the Sa’ad Abubakar and follow his every word.


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In fact, the duties of the Sultan of Sokoto reach beyond the borders of Sokoto state. Together with another famed monarch, Ooni of Ife, he presides over the Nigerian Council of Traditional Rulers, which is a very respectable position.

2. Oba Adeyeye

Oba Adeyeye was crowned as Ooni of Ife only in 2015, after the death of Oba Sijuwade, the previous Ooni of Ife. In just under four years, Oba Adeyeye reached the second spot in the rating of the richest Nigerian kings. However, it’s worth noting that he didn’t accumulate his wealth overnight – before becoming a monarch, he built a successful business empire.

Despite being the 51st person to be crowned as Ooni of Ife, Oba Adeyeye managed to make a difference even during his still short reign. He is said to genuinely care about the Ife people and their wellbeing, which we can only admire.

1. Oba Obateru Akinruntan

Oba Obateru Akinruntan from the Ugbo Kingdom has held his title since 2009. In this decade, he established himself as not only one of the most powerful Yoruba monarchs in history, but also the wealthiest kings currently ruling in Nigeria.


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Like many other rich kings on our list, Oba Obateru Akinruntan accumulated his fortune years before being crowned. Since the early 1980s, he built the Obat Oil network of gas stations that are still active today and are the main source of his incredible wealth.

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My name is Inna. I am a content writer with an English and literature background. As a mother of a 3-year old son, I love learning about children’s health and development, as well as finding new interesting toys and activities for my little one. I am also in love with all things tech and always keep my finger on the pulse of new smartphone and gadget releases. Another big passion of mine is beauty and makeup – every day I read about new trends in skin care and makeup and always look forward to trying them. Plus, I love pop culture, travelling, crafts, and anything that can make our daily life more thrilling!