The rift and fight for the strongest drug cartel or the most stabilized nation is common. Anyways, there may not be a recorded competition for who is the richest traditional ruler in Nigeria, but it’s honestly lingering some where.
However, have you wondered:
Who is the richest traditional ruler in Nigeria?
Anyways, Nigeria is a country with lot of ethnic diversity and culture, so does the rulers varries. This article does not specify a name as the richest traditional ruler in Nigeria.
Rather, it’s entails list of the richest traditional rulers in Nigeria with no specific rankings. And that’s why all will be referred with one sub title.
Is Oba Obateru Akinrutan the Richest Traditional Ruler In Nigeria ?
Quoting Frobes “Obateru Akinrutan is the richest king in Nigeria”. Clearly, this rich traditional ruler was born in 1950 and he leads the people of Ugbo Kingdom. This City is located in Ilaje Local Government of Ondo State.
Undoubtedly, he is listed among the Billionaires Monarch in Nigeria.
Oba Akinrutan Investments
The wealth the investment of Oba Akinrutan is so vast from Oil and Gas to real estate, international business deals and so on.
The popular Obat Oil is to his credit. And as of today, the Oil company has over 50 gas stations across every state in Nigeria
Estimated Net worth
According to Forbes, Oba Akinrutan net worth is estimated to be $300 Million. If this is true, he is the second richest king in Africa after king Mohammed and the wealthiest in Nigeria.
Is King Edward Asimini William Dappa Pepple III – The Richest Traditional Ruler In Nigeria ?
His Royal Majesty, King Edward Asimini William Dappa Pepple III, CON, JP, Perekule XI. Is the ruling leader of the Ancient Grand Bonny Kingdom.
His Majesty was Born on the 11th of June 1965 into the Perekule Royal family in Port Harcourt. His father King Eugene William Dappa Pepple II, Perekule IX was the Amanyanabo of Bonny from 1957 to 1972.
King Edward bagged a Bachelor of Science Degree(Bsc) in Accounting from the then Rivers State University of Science and Technology Nkoplu, Port Harcourt.
This merit enabled him to secure a job at Allied Bank Plc. Following the transmigration of his uncle, King Captain Opuada Secondus Pepple, Perekule X, he was forced to leave his job and ascend the throne of his fathers.
On the 21st of December 1996, he was enthroned and crowned as the 23rd King of The Ancient Grand Bonny Kingdom.
His Majesty is married to Her Royal Majesty, Queen Paula Edward Pepple, a conjugality that has been proven fruitful with four Children.
Owing to his majesty’s shrewed administrative skills, he is conferred with a Doctorate Award of Law, Justice of Peace(JP) and the National Honour of the commander of the Order of the Niger(CON).
He is on record as the longest sitting monarch in Bonny Kingdom history.
Estimated Net Worth
King Edward Asimini William Dappa Pepple III estimated net worth is $5.9 Billion
Is Ooni of Ile-ife the Richest Traditional Ruler In Nigeria ?
The most Powerful King in Yoruba land according to most scholars is Oba Adeyeye Ogunwusi Eniitan – the current Ooni of Ife.
This elite Nigerian traditional ruler was born in 1974 and was crowned Ooni of Ife in 2015 after the death of his predecessor.
Oba Adeyeye is a highly respected ruler and highly Educated. His Majesty Graduated with distinction in Accounting from Ibadan Polytechnic, he is also one of the top members of the Institute of Chartered Accountants of Nigeria and the Chancellor at the University of Nigeria.
Is Alaafin of Oyo the Richest Traditional Ruler In Nigeria ?
While the tussle as to who is the most influential between the Alaafin of Oyo and the Ooni of Ife rages on, note that this influential traditional ruler is the second Richest Kings in the Yoruba land. Lamidi Olayiwole III is the current Alaafin of Oyo who was crowned in 1970.
Before he became the Alaafin, he was and is still a business man. He served as an insurance clerk to a firm and he was also engaged in boxing. For a maximum of 12 years, he was the Chancellor of the University of Sokoto. The Alaafin of Oyo one of the most powerful monarchs in the country especially to the Yoruba speaking community.
Is Sultan of Sokoto The Richest Traditional Ruler In Nigeria ?
Sultan Muhammadu Sa’ad Abubakar IV is one of the richest kings in Nigeria, highly respected and powerful in the Northern part of the country.
He is also considered as the Spiritual Leader of the Muslims residing in the country today.
He has lots of assets, investments and has occupied various revered positions in the country. As of present, the Sultan of Sokoto is the chairman of the Nigerian Council of Traditional Rulers and the head of the Nigerian National Supreme Council for Islamic Affairs (NSCIA).
Before he ascended the throne as the 20th Sultan of Sokoto Caliphate, he served in the military as a Brigadier-general. After the demise of Sultan Maccido in 2006, that he was chosen to take over the throne of his fore-fathers.
Sultan of Sokoto Net Worth
The Sultan of Sokoto Net Worth $1.6 Billion
Video Of The Top Richest Leaders
You just finished reading our Top5 picked richest traditional rulers. Anyways, we believe some are so powerful, others are highly politically inclined, some of the richest traditional rulers mentioned are highly devoted to business.
Anyways, you tell us in the comment section below : Who is the Richest Traditional Ruler from the article above ?