Tuesday, 3 June 2014

Two Nigerian Monarchs Make Forbes’ Five Richest Kings In Africa List

MOROCCO-SARKOZY-MOHAMED-VI

King Mohammed VI of Morocco



Africa may be full of democratically governed countries, but it is still the land of many kings. Sure, there are only three African countries with constitutional monarchies


Forbes Africa has complied and released a list of the Richest Kings in Africa and two Nigerian Monarchs were able to make the list.


1. King Mohammed VI, Morocco

Estimated net worth: $2 billion

Source: Investments


2. Oba Obateru Akinrutan, 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, Jewelry


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