Forbes an American business magazine just
released a list of the richest Kings in Africa and
two Nigerian monarchs made the list.
At the top of the list is King Mohammed VI,
Morocco who is said to be the wealthiest monarch
in Africa. He derives his fortune from his control of
Société Nationale d’Investissement (SNI), a large
Moroccan investment holding company with assets
valued at more than $10 billion.
King Mohammed VI, Morocco
Estimated net worth: $2 billion
Source: Investments
2. Oba Obateru Akinrutan, Ugbo Land, Nigeria
Oba Obateru Akinrutan
He is the Olugbo (traditional King) of Ugbo land, a
small oil-rich community in Ondo state, Nigeria. He
is the founder of Obat Oil, one of Nigeria’s largest
privately-held oil trading companies which now
owns more than 50 gas stations across Nigeria as
well as one of the largest tank farms in Africa. He
also owns an extensive portfolio of prime
commercial and residential real estate in London
and Nigeria.
Estimated net worth: $300 million
Source: Oil
3. Alayeluwa Oba Okunade Sijuwade, Olubuse II,
Ile-Ife, Nigeria
Alayeluwa Oba Okunade Sijuwade
He is the traditional King (Ọọ̀ni) of Ile-Ife’, an ancient
city located in Osun state, Nigeria. He is the founder
of the Sijuwade Group, a Nigerian conglomerate
with interests in oil & gas, construction, property
development and hospitality which owns stakes in
two onshore oil blocks in partnership with London-
listed energy giant Centrica PLC as well as a
construction outfit that handles large-ticket road
construction projects in Nigeria
Estimated net worth: At least $75 million
Source: Construction, Property, Oil
4. King Mswati III, Swaziland
King Mswati III
He controls Tibiyo TakaNgwane, an investment
holding company that owns stakes in sugar refining
giants Ubombo Sugar and Royal Swaziland Sugar
Corporation (RSSC), dairy
company Parmalat Swaziland, spirits manufacturer
Swaziland Beverages and hotel chain Swazi Spa
Holdings. His personal net worth is at least $50
million, based on the annual $50 million salary that
he is paid out of government coffers.
Estimated net worth: At least $50 million
Source: Investments
5. Otumfuo Osei Tutu II, Ashanti, Ghana
Otumfuo Osei Tutu II
He is the King of Ghana’s gold-rich Ashanti kingdom.
He set up Transpomech Ghana, a $12 million (sales)
company that provides mining equipment to several
large industrial companies in Ghana. The King also
owns extensive real estate in Ghana and South
Africa as well as a collection of valuable gold crown
jewels.
Estimated net worth: $10 million

@Op, are u trying to tell me that one of our Oba of Lagos didn't make that list?
that all the noises is a demand fr Ambode to get him to the list?
Op fear God o

is time l travel to ondo state to work one of my nieces for d ugbo boy.money too much

Issokay!

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Pinkiedearie:
This is cool..getting there soon




*watch out for me!!

are you in need of maid ma'am?