Riches and royalty go hand in hand.
It is a rare phenomenon to find a poor ruler.
Their net worth is estimated based on the assets held after accounting for debt.
Photo: canva.com (modified by author)Source: UGC
Here is a look at the top 10 richest kings in Africa.
The list of the richest kings in Africa entails rulers who inherited kingdoms thriving before colonialism.
The data is analysed based on several investments they have made and the financial holdings of wealthy individuals.
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Who is the wealthiest traditional ruler on the continent?
In contemporary Africa, mosttraditional rulersare governed by written national laws and constitutions.
Eswatini remains the only absolute monarch on the continent.
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Here is a detailed list of the wealthiest kings in Africa.
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15.
In June, he was selected to succeed his granduncle, Ado Bayero, as the Emir of Kano.
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Dein Keagborekuzi - $10 million
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He is also the Chancellor of the Nkrumah University of Science and Technology.
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12.
King Otumfuo Nana Osei Tutu II is seen at Durbar and Tea with the Asantehene at Manhiya Palace in Kumasi, Ghana. Photo: Chris JacksonSource: Getty Images
He succeeded Oba Okunade Sijuwade in 2015.
Oba Adeyeye is also one of the richest kings in Nigeria.
Oba Rilwan Akiolu - $40 million
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Oba Rilwan Akiolu was crowned the 21st Oba of Lagos in May 2003.
He is a law graduate from the University of Lagos.
As of 2024,Oba Rilwan Akiolu’s net worthis $40 million.
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi sits during his coronation at Ile-Ife, southwestern Nigeria. Photo: Pius Utomi EkpeiSource: Getty Images
He is adevoted Muslimwith four wives, children, and grandchildren.
His first wife is Olori Titilola Akiolu.
His palace is reportedly worth $5,000,000.
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He is among the top 10 richest kings in Africa in 2024.
Obi Nnaemeka Alfred Ugochukwu Achebe - $50 million
Nnaemka Alfred was crowned the 21stObi of Onitshain May 2002.
He is one of the most prominent kings in Eastern Nigeria.
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He worked in theUSAbefore relocating to Nigeria in 1972.
In 1972, he started working with Shell Petroleum Company and was a National Traditional Rulers Council trustee.
He has six children four daughters and two sons.
King Obi Nnaemeka Alfred Ugochukwu Achebe. Photo: @Punch Newspapers (modified by author)Source: UGC
Oba Ewuare II - $60 million
Oba Ewuare II Ogidigan is the 40th Emperor of the Benin Empire.
He hasseveral wivesand many children.
Oba Ewuare II got into power in October 2016 and is among the wealthiest kings in Nigeria.
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He was crowned on 6 December 1980 as the Yoruba Kingdom of Ile-Ife.
He is thespiritual leaderof the Tijanniyah Sufi in Nigeria.
King Sanusi II succeeded his uncle, the emir of the ancient Kano state.
King Ewuare II looks on while receiving repatriated artefacts that were looted from Nigeria over 125 years ago by the British military force in Benin City. Photo: Kola SulaimonSource: Getty Images
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Sanusi is a banker and economist.
He served as the Central Bank of Nigeria Governor between 2009 and 2014.
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He became the worlds youngest monarch to rule at the time.
King Mswati III has been criticized for hislavish lifestylewhile his people starved.
Who is Mothusi Magano?
The traditional Monarch of Ife, Oba Okunade Sijuwade Olubuse ll, during an exhibition held at Lagos' National Museum. Photo: Pius UtomiSource: Getty Images
He has 15 wives and 36 children.
Sultan Saadu Abubakar III - $100 million
Muhammadu Sa’ad Abubakar is the 20th Sultan of Sokoto.
He is also a spiritual leader for Muslims in Nigeria.
Sanusi Lamido Sanusi speaks during the Milken Institute Global Conference in Beverly Hills, California. Photo: Patrick T. Fallon/BloombergSource: Getty Images
He became Sultan in November 2006.
Before he got into power as the Sultan of Sokoto, he served in the military.
He was commissioned as a Second Lieutenant in 1977.
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In the late 1980s, he headed the Armoured Corps that guarded General Babangida.
Sultan Sa’adu Abubakar III is among the richest kings in Nigeria, with a $100 millionnet worth.
There is no specific heir apparent in the Sokoto Caliphate.
Swaziland’s King Mswati III delivers a speech. Photo: Jinty Jackson/AFPSource: Getty Images
He declared the orphans of insurgency as his children.
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3.
He holds a Business Administration degree from the University of Ghana and an MBA from Yale School of Management.
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Togbe is agreat investor.
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2.
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The Ugbo Kingdom is in the Ilaje Local Government of the Ondo State of southwest Nigeria.
He got into power in 2009.
Oba Fredrick Obateru Akinruntan founded Obat Oil, one of Nigeria’s largest private oil companies.
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He hails from the Alaouite dynasty.
The Moroccan Royal Family is famous for having one of the largest fortunes in the world.
They hold majority stakes in the Societe Nationale d’Investissement (SNI), which was initially state-owned.
King Fredrick Obateru Akinruntan. Photo: @Akinruntan CON (modified by author)Source: UGC
King Mohammed VI is Morocco’s leading banker and businessman.
He is among the leading agricultural producers and landowners in the country.
Agriculture is one of his biggest sources of income because it is untaxed.
Mohammed VI, King of Morocco, leaves the Elysee Palace after a lunch hosted by French President Emmanuel Macron. Photo: Aurelien MeunierSource: Getty Images
Who is the richest man in Africa?
Aliko Dangote is the richest black man in the world, with anet worthof $14.8 billion.
He founded and chairs Dangote Cement, the African largest cement producer.
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Was Mansa Musa the richest man in history?
King Mansa Musa of the Mali Empire in Africa is the wealthiest person in history.
Mansa Musa’s net worth exceeded $400 billion in today’s money.
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Which is the richest family in the world?
The richest family in the world is the Al Nahyan family.
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The family’s net worth is estimated to be around $305 billion.
Who is the richest king in Africa?
He is among the few African billionaires.
Who is the greatest king in Africa?
Africa has had many great ancient kings.
Who was the most powerful king in East Africa?
Nabongo Mumia was the most powerful and famous ruler in East Africa.
He ruled the Wanga Kingdom in the 20th century.
Africa is a wealthy continent, as seen from the net worth of the richest kings in Africa.
These rulers often play crucial roles in maintaining social order, overseeing trade, and upholding cultural practices.
Briefly.co.za recently published a list of the most famousSouth African musicians.
These singers and rappers are passionate aboutmusic.
They invest time, money, and labour into their craft.
They are also successful on the national and international front.
They are known and respected for writing, creating, and releasing high-quality music.
Read on to discover who they are.
She has a Bachelor of Commerce & IT from the University of Nairobi and joined Briefly.co.za in November 2019.
The writer completed a Google News Initiate Course.
you’re free to email her at perisrodah254@gmail.com.
Recognized for her exceptional talent, she clinched the Writer of the Year Award.
Beyond her professional endeavours, Alice is an engaged member of the Rotaract Club of Kabete.
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