The 10 Richest Kings/Obas In Nigeria 2020

The 10 Richest Kings/Obas In Nigeria 2020

The Richest Kings in Nigeria 2020

Traditional rulers also have relevance and power in Nigeria. Some affairs of the state are referred to them to take care of especially when it concerns the people they are ruling over.

These kings are made men with huge wealth. Like in some places, kingship can't be given to someone that is not well known or rich. Most are businessmen having various investments and companies.

So if you want to know who the richest king in Nigeria is, keep scrolling to read. Below goes The 10 Ten Richest Kings in Nigeria 2020.

Contents of this post includes 
  • Dein Of Agbor - $10 million ~ N3.6 Billion 
  • Olu of Warri - $30 million ~ N10.8 billion 
  • Oba of Lagos - $40 million ~ N14.6 billion 
  • Alaafin of Oyo - $40 million ~ N14.6 billion 
  • Obi of Onitsha - $50 million ~ N18.1 billion
  • Oba of Benin - $60 million ~ N21.7 billion 
  • Ooni of Ife - $70 million ~ N25.3 billion 
  • Emir of Kano - $80 million ~ N30 billion 
  • Sultan of Sokoto - $100 million ~ N36.1 billion 
  • Olugbo of Ugbo Kingdom - $300 million ~ N108.2 Billion 

The Dein Of Agbor is the royal leader of Agbor
The Dein Of Agbor is the royal leader of Agbor

10) Dein of Agbor (Benjamin Ikenchuku Keagborekuzi I) 
Net Worth - $10 million ~ N3.6 billion 

The Dein Of Agbor is the royal leader of Agbor, which is a town in the oil rich Delta State. His real name is Benjamin Ikenchuku Keagborekuzi I and got crowned after the sudden death of his father. The Dein of Agbor was appointed as the chancellor of the University of illorin and he is also the youngest monarch in history as he entered Guinness Book of records. 

Dein of Agbor net worth is estimated at $10 million which is approximately N3.6 Billion. 


The Olu of Warri is Godfrey Emiko
The Olu of Warri 

9) Olu of Warri (Godfrey Emiko)
Net Worth - $30 million ~ N10.8 billion 

The Olu of Warri is Godfrey Emiko and the most reason for him being on the list is his oil money source. He is known to control gas and crude resources in the Niger Delta region of Nigeria.

The Olu of Warri is one of the richest kings in Nigeria and his net worth is estimated at $30 million which is approximately N10.8 billion. 

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Oba Babatunde Aremu is the traditional ruler of Lagos
Oba Babatunde Aremu is the traditional ruler of Lagos


8) Oba Of Lagos (Oba Babatunde Aramukiolu)
Net Worth - $40 million ~ N14.6 billion 

Oba Babatunde Aremu is the traditional ruler of Lagos. He formerly served in the Nigerian Police Force for 32 years before he became the Oba of Lagos. According to naijauto, his palace is said to be worth around a N2 billion. He is sure one of the richest traditional rulers in Nigeria. 

Oba of Lagos net worth is estimated at $40 million as of 2020.


Alaafin of Oyo
Alaafin of Oyo 

7) Alaafin of Oyo (Oba Lamidi Adeyemi)
Net Worth - $40 million ~ N14.6 billion 

Alaafin of Oyo is also very wealthy and shares the same net worth of $40 million with the oba of Lagos. He is the second most influential king in the Yoruba land. The Alaafin's Palace has been adjudged as a Historical Monument by both local and foreign experts and has over 200 buildings, thus making it the largest in Nigeria.

The Alaafin of Oyo net worth is estimated at $40 million approximately N14.6 billion. 


Obi of Onitsha
Obi of Onitsha 

6) Obi of Onitsha (Nnaemeka Alfred Ugochukwu Achebe)
Net Worth - $50 million ~ N18.6 billion 

His real name is Nnaemeka Alfred Ugochukwu Achebe and he is a notable monarch for the eastern part of Nigeria. Prior to his crowning, he was the executive director at Shell Petroleum Development Company and once the chancellor of Ahmadu Bello University. His famous cars includes 100 million naira worth Rolls Royce. 

Oba of Onitsha net worth is estimated at $50 million approximately N18.1 billion as of 2020.

Read Also: These are the richest men in Nigeria


Oba Adeyeye Ogunwusi Eniitan is the Ooni of Ife
Oba Adeyeye Ogunwusi Eniitan is the Ooni of Ife

4) Ooni of Ife (Oba Adeyeye Ogunwusi Eniitan)
Net Worth - $70 million ~ N25.3 billion 

Oba Adeyeye Ogunwusi Eniitan is the Ooni of Ife. He is one of the most respected rulers in the country and has lots of influence in the Yoruba land. Ooni of Ife is the chancellor of the University of Nigeria, Nsukka (UNN) and also a businessman with some publications claiming he is mainly into real estate. The palace of the Ooni of Ife is really breathtaking and loads of luxury cars owned by him are impressive. 

Emir of Kano
Emir of Kano 

3) Emir of Kano (Lamido Sanusi Lamido)
Net Worth - $80 million ~ N30 billion 

The Emir of Kano is a very popular man. He is Sanusi Lamido Sanusi who was once the governor of the Central Bank of Nigeria. Time magazine listed Sanusi as one of the most influential people of the year. He has wide range recognition and influence and he is one of the richest kings in Nigeria. 

Emir of Kano net worth is estimated at $80 million approximately N30 billion. 


The sultan of Sokoto is Sa'adu Abubakar
The sultan of Sokoto is Sa'adu Abubakar

2) Sultan of Sokoto (Sa'adu Abubakar)

Net Worth - $100 million ~ N36.1 billion 

The sultan of Sokoto is Sa'adu Abubakar and he is the most powerful traditional ruler in the north and among the richest in Africa. Sa'adu is also the co chairman of the Nigerian council of traditional rulers and sits over the Sokoto caliphate therefore being the spiritual head of the Muslim in Nigeria.

The Sultan of Sokoto net worth is estimated at $100 million approximately at N36.1 billion. 

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Oba Obateru - richest king in Nigeria
Oba Obateru - richest king in Nigeria 

1) Olugbo Of Ugbo (Oba Obateru)
Net Worth - $300 million ~ N108.2 billion 

Oba Obateru Akinruntan is the head of Ugbo, Ondo state. 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.

Olugbo of Ugbo is the richest king in Nigeria and has a huge net worth of $300 million which is approximately N108.2 billion. 


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