Ooni of Ife, Obateru Akinruntan, Among 5 Richest Kings in Africa
Michael Abimboye
Two Nigerian kings, Obateru Akinruntan of Ugbo land in Ondo State and Okunade Sijuwade, the Ooni of Ife in Osun State have been listed among the 5 richest kings in Africa by Forbes Africa.
The two Nigerian monarchs make the list at No.2 and No.3 respectively. Other rulers on the list are King Mohammed VI, of Morocco; King Mswati III, Swaziland; and Otumfuo Osei Tutu II, Ashanti, Ghana.
See their ranking and net worth below.
1. King Mohammed VI, Morocco
Estimated net worth: $2 billion
Source: Investments
2. Oba Obateru Akinruntan, Ugbo Land, Nigeria (pictured left)
Estimated net worth: $300 million
Source: Oil
3. Oba Okunade Sijuwade, Ile-Ife, Nigeria (pictured right)
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: Mining Equipment, Property, Jewellery