Nigerian monarchs are not only known for their great leadership and power but also for their enormous wealth.

They have amassed this great volume of wealth over the years, partly due to their positions in society.

They live flashy lifestyles with showing convoys of high brand cars during special occasions.

Oba Obateru Akinrutan

Oba Obateru Akinrutan is one of the country's richest kings. He is the traditional ruler of the Ugbo Kingdom in the Edo State and was born in 1950.

He is also a billionaire businessman who has invested in the oil and gas industry. He is the founder of Obat oil, a leading oil company with over 40 gas stations.

He drives a custom-built 2012 Rolls Royce, and his net worth was estimated at 300 million US dollars in 2014.

Obi of Onitsha

Nnaemeka Alfred Ogochwuku Achebe, the traditional ruler of Onitsha in Anambra state is also on the list of Nigeria's richest kings.

He worked in the banking industry for decades and served as an executive director at Shell petroleum development company. His network is estimated at 50 million dollars.

Sultan of Sokoto

Muhammadu Sa'ad Abubakar IV, the Sultan of Sokoto is one of the richest kings in Nigeria. He is also the spiritual leader of the entire Nigerian Muslim population. He is also co-chairman Nigerian council of traditional rulers. His net worth is estimated at 100 million USD

Emir of Kano

Emir of Kano, Lamido Sanusi Lamido and former governor of the Central Bank of Nigeria is also one of the richest kings in the country. He once revealed he earns over 14 million per annum as a salary from the federal government. His current net worth not known.

Alaafin of Oyo

Lamidi Olayiwole the third is also one of the richest and powerful monarchs in the Yoruba speaking community of Nigeria. He was an insurance clerk and boxer. He currently has a total net worth of 40 million USD.

Ooni of Ile-Ife

Oba Adeyeye Ogunwusi Eniitan, the Ooni of Ife aside being a King, is also a member of the Institute of Chartered Accountants of Nigeria and an Associate Accounting Technician. His total net worth is estimated at 70 million USD. He owns a 2011 Rolls-Royce Phantom and two expensive Bentleys.

Olu of Warri

Godfrey Emiko is the traditional ruler of the kingdom of Warri. Warri is the oil hub of the south south and it is home to several oil and gas companies. Godfrey Emiko has a total net worth of about 30 million USD.

Oba of Benin

He is the traditional ruler of the Edo people. He was born Eheneden Erediauwa on the 20th of October 1953.

He schooled in the United Kingdom and had a degree in Economics in the university of wales. He also holds a Masters Degree from Rutgers University Graduate school in the USA. His total net worth is estimated at 60 million USD with lots of assets in his name.

Oba of Lagos

The Oba of Lagos, Oba Babatunde Aremu Akiolu is also a very wealthy traditional ruler. He bagged his LL.B. degree from the University of Lagos and also served in the Nigerian Police Force for 32 years before ascending the throne. His net worth is estimated at around 40 million USD. Astonishingly, his palace is worth 2 billion nairas. He also has expensive assets in his name.

Dein of Agbor

Benjamin Ikenchuku Keagborekuzi I is the royal leader of Agbor - a town in the oil-rich Delta state. He was crowned when he was 2 years and 4 months old following the sudden death of his father - the late Obi. He entered the Guinness Book as the youngest monarch in history. After coming back from the UK where he obtained multiple degrees and certificates, he is appointed as the Chancellor at the University of Ilorin - the youngest chancellor of this university. His total net worth is estimated at 10 million USD.