1. Oba Obateru Akinrutan – Olugbo of Ugbo. (N108.2 Billion) Besides being the royal leader of Ugbo, he owns Obat Petroleum, one of the largest private oil trading companies in Nigeria which controls Africa’s largest oil depots.
2. Sa’adu Abubakar – Sultan of Sokoto. The most powerful ruler in the north and among the richest in Africa. He sits over the Sokoto Caliphate, making him the spiritual head of the Muslims in the country. He is also the co-chairman of the Nigerian Council of Traditional Rulers.
3. Lamido Sanusi Lamido – Emir of Kano Now, who wouldn’t know the Emir of Kano, Lamido Sanusi Lamido? The Emir was once the governor of the Central Bank of Nigeria. That position alone attracted recognition, influence and wealth, not even to mention his financial investments.
4. Oba Adeyeye Ogunwusi Eniitan- Ooni Of Ife The Ooni ranks as one of the most respected rulers in the world and holds a lot of power and authority. Besides his royal status, he is a successful real estate businessman and the Chancellor of the University of Nigeria, Nsukka.
5. Oba Ewuare II Ogidigan – Oba of Benin Oba Ewuare wields power and influence that cannot be undermined. He holds a degree of Economics from the University of Wales, UK, and a Master degree in Public Administration from Rutgers University Graduate School, New Jersey, USA.
6. Nnaemeka Alfred Ugochukwu Achebe – Obi of Onitsha A notable monarch from the eastern part of Nigeria, the Obi of Onitsha has sure made a name for himself. Before being crowned, the Obi has served as executive director at Shell Petroleum Development Company.
7. Oba Lamidi Adeyemi – Alaafin of Oyo The Alaafin of Oyo, Oba Lamidi Adeyemi is the monarch in the Oyo state of Nigeria. He ranks as the second most influential king in Yoruba land. His net worth is about 40 million USD, so it’s easy to tell that the Oba is loaded.
8. Oba Babatunde Aremu Akiolu – Oba of Lagos The Oba of Lagos is one traditional ruler we cannot overlook. He is just as wealthy. Having bagged his LL.B. degree from the University of Lagos and also served in the Nigerian Police Force for 32 years before ascending the throne.
9. Godfrey Emiko – Olu of Warri Godfrey Emiko, the Olu of Warri, falls among the richest kings in Nigeria with his net worth at 30 million USD. The Olu who has his domain in the Niger-delta region of Nigeria is known there to control gas and crude resources.
10. Benjamin Ikenchuku Keagborekuzi I The royal leader 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. He entered the Guinness Book as the youngest monarch in history.