Kings In Nigeria | Nigeria Traditional Rulers

Nigeria’s wealthiest kings (2021), their net worths, and their automobiles

As rulers of a country, kings must ensure that their pictures reflect their people and nation. They inherit the thrones to live in opulent palaces and drive high-end automobiles. To learn more about the lives of Nigeria’s richest rulers and their automobiles, read our article.

Nigeria has several traditional rulers who are powerful and dignified members of society. This is due in large part to their social status and the number of riches they have amassed through time. Nigerians are not astonished to see convoys and cars in large numbers on important occasions when these ceremonial monarchs must appear in public. In the spirit of automobiles, here are Nigeria’s 10 wealthiest rulers and their vehicles.

Nigeria’s wealthiest kings and the vehicles they drive

We compiled this official list of Nigeria’s 10 wealthiest rulers using data from Forbes and other trustworthy sources.

1. Oba Obateru Akinrutan – Olugbo of Ugbo – Nigeria’s wealthiest king

Oba Obateru Akinruntan is the ruler of Ugbo in the state of Ondo. He owns Obat Petroleum, one of Nigeria’s largest private oil trading firms, which controls Africa’s largest oil depots, in addition to being the royal leader of Ugbo.

With a net worth of 300 million dollars, the Olugbo of Ugbo Kingdom made Forbes’ list of Nigeria’s wealthiest monarchs.

Ugbo automobiles’ Olugbo

The traditional ruler of Ondo state has a Bentley Mulsanne (2014 model) worth over N100 million and also boasts of driving a custom-made Rolls-Royce (2012 edition) designed to the Queen of England’s standards, putting the Olugbo of Ugbo on the list of Nigerian monarchs who possess Rolls-Royces.


The Olugbo of Ugbo is valued at N108.2 billion.

The latter is quite similar to the vehicle in which Queen Elizabeth II of England travels. The owner of the car has been documented to plate in his name. He is a business mogul and the chairman of Obat oil.

Ugbo Bentley-Mulsanne-of-Olugbo

The Bentley Mulsanne is valued at more than N100 million.

Ugbo’s Rolls-Royce Phantom of Olugbo

The Olugbo family has an N180 million custom-built 2012 Rolls-Royce Phantom.

2. Sultan of Sokoto, Sa’adu Abubakar

The Sultan of Sokoto, the most powerful ruler in the north and one of Africa’s wealthiest men, must be included in any ranking of Nigeria’s wealthiest kings. He is the spiritual leader of the Muslims in the country, ruling over the Sokoto Caliphate. He also serves on the Nigerian Council of Traditional Rulers as co-chairman.


Sultan Abubakar was a Brigadier General in the military until he retired.

The Sultan has a net worth of 100 million dollars.

Sultan of Sokoto automobiles

Sultan Abubakar IV owns a fleet of cars, but his Rolls-Royce 2017 model is the most notable. Sultan Abubakar the IV is the 20th Sultan of the Sokoto Caliphate, having ascended the throne in 2006 after Sultan Miccado, the previous Sultan, died. Before coming to the throne, Sultan Abubakar served in the military and retired as a Brigadier General.


The Sultan of Sokoto owns a Rolls-Royce Phantom from the year 2017.

Read Also: Richest Pastor in Nigeria

3. Emir of Kano, Lamido Sanusi Lamido

Who hasn’t heard of Kano’s Emir, Lamido Sanusi Lamido? The Emir was previously the governor of Nigeria’s Central Bank. That position alone brought him notoriety, power, and riches, not to add his financial investments and holdings. The prestigious Time magazine named him one of the most influential individuals of the year.


The Emir of Kano in Northern Nigeria’s second most prominent emir.

The Emir’s net worth is reported to be in the millions of dollars.

Emir of Kano Automobiles

The northern ruler recently purchased a new Rolls-Royce, a car that nearly got him into ‘trouble’ with Nigerians. That was because the car was just too luxurious and expensive for any black man to afford. Furthermore, the Emir of Kano, who receives a monthly salary of N14 million, can acquire these high-end vehicles. The car’s model, however, is still unclear. On the other hand, it is known that the Emir boasts of having large car fleets. The Emir of Kano is the second most powerful monarch in Northern Nigeria, but his power has been eroded by the Governor of Kano’s continual attacks.


Aside from historic Rolls-Royces, the Emir of Kano also possesses newer Rolls-Royce vehicles.


The Emir of Kano is paid an annual salary of N14 million by the Federal Government of Nigeria.

Aside from the new Rolls-Royce, the Emir of Kano also owns a 1952 Rolls-Royce Silver Wraith ALW 11 that is part of his regal ancestry. When the Emir visited Nigeria last year, he rode in this Rolls-Royce to see Prince Charles.

The Emir-of-Rolls-Royce Kano’s Silver Wraith from 1952

The hereditary automobile that has gone through the hands of numerous Emirs of Kano

4. Oba Adeyeye Ogunwusi Eniitan-Ooni Of Ife Oba Adeyeye Ogunwusi Eniitan-Ooni Of Ife

If you’re going to talk about the Oni of Ife, you ought to show him some respect. Oba Adeyeye is powerful in every sense of the word. The Ooni is one of the most revered monarchs in the world, and he has considerable power and authority in Yoruba territory. He is a prominent real estate businessman and the Chancellor of the University of Nigeria, Nsukka, in addition to his royal position. His net worth is reported to be at $70 million, making him Nigeria’s fourth-richest king.


The Ooni of Ife has an estimated net worth of $70 million.

Cars owned by Ooni of Ife

You can also assume the Oba is well-off. The Ife king owns several foreign car types, but his Rolls-Royce Phantom model year 2011 is the most gorgeous of them all. He also owns a Mercedes Benz S550 and two Bentleys.


The Ooni of Ife owns a Rolls-Royce Phantom from 2011 that costs over N130 million.

See Inside The Ooni Of Ife’s Magnificent Palace, Complete With Swimming Pools, Beautiful Gardens, Cars, and More.

Read: Salary Of Nigerian President

5. Oba Ewuare II Ogidigan, Benin’s Oba

Oba Ewuare is the traditional ruler of Nigeria’s Benin state. He is a force to be reckoned with in terms of power and influence. He has an economics degree from the University of Wales in the United Kingdom and a master’s degree in public administration from Rutgers University Graduate School in New Jersey, USA, and he is Nigeria’s ambassador to several countries. His net worth is estimated to be over $60 million.


Benin’s Oba is worth about N21 billion.

Benin’s Oba owns automobiles and a residence.

So it’s no surprise that the Oba owns a Rolls-Royce Phantom 2016 model, which has an estimated value of over N150 million and is named in his name.


The 2016 Rolls Royce Phantom is expected to cost above N150 million at retail.

The Benin King, who is the 40th Oba of the Benin Kingdom, has a magnificent palace befitting the first-class monarch.

Benin’s Palace-of-the-Oba

Oba Ewuare in the Benin Kingdom’s 40th Oba.


The Oba’s Palace is an appropriate seat of power for a first-class monarch.

6. Obi of Onitsha, Nnaemeka Alfred Ugochukwu Achebe

The Obi of Onitsha, a prominent king from Nigeria’s eastern region, has certainly created a name for himself. Before being crowned, the Obi worked at Shell Petroleum Development Company as an executive director and was the Chancellor of Ahmadu Bello University in Zaria. Being King encapsulates everything and increases the equation as a whole.


The Obi of Onitsha is now the President of Ahmadu Bello University in Zaria.

Obi of Onitsha automobiles

The Obi, who is among Nigeria’s top ten wealthiest rulers, is worth roughly 50 million dollars and possesses a 2016 Rolls-Royce that will sell for no less than N100 million.

Obi of Onitsha’s 2016 Rolls-Royce

The Obi’s 2016 Rolls Royce Phantom is valued at over N100 million.


The Palace of the Obi of Onitsha is considered one of Nigeria’s most beautiful palaces.