Top 10 richest kings in Africa 2025 - Updated king of Africa Before colonisation of Africa, monarchy was the most widespread form of gover...
Top 10 richest kings in Africa 2025 - Updated
king of Africa Before colonisation of Africa, monarchy was the most widespread form of governance. Most of them were respectful and powerful among their nations despite their existence mainly being figurative amongst their towns and cities. They were also commanding quite a lot of wealth which had been inherited through their royal family.
It happens that Intel Region has discussed in the past the wealthiest kings in Nigeria and Yorubaland.
In this article we will discuss the 10 wealthiest kings in Africa. This is some of them:
King Hassan, the leader of the Alawi royal family died in 1999 after which his son, King Mohammed VI, became a ruler of Morocco. He owns an estimated net worth of 2.1Billion and he is the wealthiest king in Africa.
Otherwise King Mohammed VI is a famous banker and businessman along with king, and his family is not less famous as it owns one of the largest wealth of the world. He has a large share in Societe Nationale dInvestissement (SNI) which was once managed by the government and owned by the family.
King Mohammed VI is described as the wealthiest king of Africa. His net worth amounts to 2.1 billion.
Oba Obateru Akinruntan - $300M
Frederick Obateru Akinruntan is the traditional master of Ugbo Kingdom in Ilaje Local Government, Ondo state located at the southwest of Nigeria. He is a reputable king and the coiner of Obat Oil one of the largest private owned oil companies in Nigeria.
Even though he is not the richest oba in Nigeria, he is more wealthy and richer than popular figures such as the current Ooni of Ife, Oba Adeyeye Enitan Ogunwusi and the Alaafin of Oyo, Lamidi Adeyemi. He is the richest king in Nigeria with a net worth of $300 million which Forbes has placed him among the richest men in the world.
Oba Obateru Akinrutan became the Olugbo of Ugbo land in Ondo state in 2009. He is highly honored in the land of Yoruba. He has been known to lead a flamboyant lifestyle and his home is stocked with expensive automobiles. His purchase history contains a legendary mark when in 2012 he became the first black man who has purchased a 2014 model of Bentley that belonged to Queen Elizabeth of England.
Two rumours exist that the monarch has the most expensive yachts in Nigeria considering the riverine environment of his kingdom, Ugbo Kingdom where he grew up. This could be because he loved travelling around using water. In addition, he is among the fifty most influential people in Nigeria.
The ruler of the Nigerian royal family, Oba Obateru Akinrutan with estimated net worth of $300 million is still regarded as a symbol of money, power, and class.
Sultan Sa’adu Abubakar III of sokoto - $100 Million
A net worth of 100 Million dollars has made Sultan Sa a ddu Abubakar III rich and he is the 20 th Sultan of Sokoto.
Since he is Sultan of the Sokoto Caliphate this makes him the most influential traditional ruler in Northern Nigeria and also the spiritual master of the entire Muslims in the nation.
Sultan Saadu Abubakar III was sworn in as the new Sultan in November, 2006, after his brother Muhammadu Maccido, the former sultan passed on. He was an exceptional soldier and former employee in various administrative roles prior to assuming the position of the king.
King Mswati III of Swaziland - $100 Million
With net worth estimated to be at 100millions, king Mswati III of Swaziland is number four on the list of Africa greatest kings and he is considered amongst the richest royal people in the world.
His coronation saw him become the youngest leader in the history of the world after becoming a king upon the death of his father at the time when he was 18 years old. He is also the final uninhibited monarch in Africa.
This monarch is business oriented and an entrepreneur, King Mswati III. He holds a position of CEO in the investment company called Tibiyo TakaNgane and he does also much government and ceremonious work.
Oba Adeyeye Ogunwusi Enitan - $70M
Currently, Oba Adeyeye Enitan Ogunwusi (jájá II) CFR is the 51 st king of Yoruba country of Ile-Ife, and traditional ruler and monarch of the Yoruba kingdom called the Ooni of Ife.
In 2015, Oba Okunade Sijuwade, the 50th Ooni of Ife died and the throne that his ancestors had presided over was succeeded by Oba jiaji II. He is also among the wealthiest monarchs in the region as he happens to be one of the five richest kings in the Yoruba land with an estimated net worth of 70 million dollars.
Howard Roark Gardens Limited was managed by Oba Adeyeye Enitan Ogunwusi who was a king as well. As a real estate investor in Lagos, he accomplished a lot of significant accomplishments. Some of the major projects he worked on involved a multimillion dollar estate project such as Jacob Mews Estate in Yaba and Lakeview real estate development in Lekki.
Oba Adeyeye Enitan Ogunwusi is extremely wealthy. He owns a giant garage and has a 2011 Rolls-Royce phantom, a Mercedes-Benz S550 and two Bentley cars among other luxurious automobiles. This is in real sense the evidence of the massive wealth and net worth of Ooni of Ife.
Oba Ewuare II Odidigan $60M
The 40th Oba of the renowned Benin Kingdom, Oba Ewuare II Odidigan is one of the wealthiest monarchs in Africa with a net worth projected to be worth 60 million dollars.
He was the successor of Oba Erediauwa as, Oba of the Benin Kingdom which was quite a high ranking title of the kingdom. The Benin Kingdom was the biggest west African empire at that time.
Besides that, Oba Ewuare II is a businessman and participates in several projects, besides being a traditional ruler of Benin. He is also an ambassador of various other foreign departments including, the United Nations.
Obi Nnaemeka Alfred Ugochukwu $50M
Obi Nnaemeka Alfred, the 21 st Obi of Onitsha has an estimated net worth of 50 million dollars making him one of the richest kings in Africa. After his successful business career, his ascendancy to the throne in 2002 was part and parcel of an extended period of success.
He has a successful career history behind him in the Royal Dutch Shell Group where he directed other companies before becoming Obi. Currently, he is a board chairman of the Unilever Nigeria.
Obi Nnaemeka Alfred also engages in traditional leadership besides being a business person. He belongs to the National Traditional Rulers Council and he is the chairman of the council in Anambra State. Currently, he holds the revered position of the Chancellor of Ahmadu Bello University and he was the former Chancellor of Kogi state University.
Oba Rilwan Akiolu of Lagos - $40M
Oba Babatunde Aremu Akiolu, the Lagos king, is happy as the oba of Lagos because he is set to become one of the richest African kings with an estimated net worth of 40 million dollars by the year 2023.
Oba Akiolu served 32 years in the Nigeria Police Force before becoming the respected Oba of Lagos and was October 1999 promoted as assistant inspector-general of Police. He retired as a police officer in 2002 thus ending a long and successful career as a police officer.
Oba Babatunde Aremu Akiolu was a chief in the Nigerian Institute of Management, a fellow of the Nigerian Law School and once a police officer. In 2003, he was made a king when he succeeded Oba Adeyinka Oyekan as the king of the Lagos traditional kingdom.
Togbe Afede XIV of Asogli - $30M
Asogli Togbe Afede XIV is the president of Asogli Traditional Area in Asogli State Ghana. He is also the National House of Chiefs. He is also referred to as the among the richest Kings of Africa with a net worth of 30 million dollars.
He acquired undergraduate degree in accounting in the year 1979 at the University of Ghana. A decade after, in October 2003 he became king. He also has an MBA degree in Yale School of Management that he acquired in 1989.
Togbe Afede has one of the positions of being the executive head of the World Trade Centre Accra. Other than that, he was a founder of SAS Finance Group Ltd, a company which provides corporate finance advice and stock broking services. This goes to indicate his successful and diverse career.
Otumfuo Osei Tutu II - $30M
Otumfuo Osei Tutu II is the King of the Ashanti Kingdom in Ghana which is rich in gold and therefore inhabited by the Asantes who are the largest ethnic group in the country. He became the political and the spiritual leader of the Asante people and came to the throne in 1999.
Osei Tutu II has attended a school in the UK and later laboured briefly in both state and private organisations in UK and Canada. He went back to Ghana in 1989 to commence Transpomech Ghana.
Transpomech, a twelve million dollar firm, also markets mining equipment to some of the large Ghanaian companies. Gold crown jewels are also not cheap and the King owns much land in South Africa and Ghana.