Forbes' 5 richest kings in Africa: 2 Nigerian monarchs make the list

Two Nigerian monarchs; Oba Obateru Akinrutan of Ugbo Land and Oba Okunade Sijuwade of Ile-Ife have made Forbes Africa's list of the richest Kings in Africa. The popular kings who occupied the 2nd and 3rd spots have an estimated net worths of $300 million and at least $75 million respectively.





(1.) King Mohammed VI, (Morocco)

Estimated net worth: $2 billion

Source: Investments 







(2.) Oba Obateru Akinrutan, Ugbo Land, (Nigeria)

Estimated net worth: $300 million

Source: Oil





(3.) Oba Okunade Sijuwade, Ile-Ife, (Nigeria)

Estimated net worth: At least $75 million Source: Construction, Property, Oil 


(4.) King Mswati III, (Swaziland)

Estimated net worth: At least $50 million

Source: Investments 







(5.) Otumfuo Osei Tutu II, Ashanti, (Ghana)

Estimated net worth: $10 million

Source: Jewelry, Mining Equipment, Property