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Africa's Richest Kings: Difference between revisions

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As of March 2014, King [[Mohammed VI of Morocco]] topped the list with US$2 billion, while [[Nigeria]]n oil magnate King [[Fredrick Obateru Akinruntan]], the [[Olugbo of Ugbo Kingdom|Olugbo of the Ugbo Kingdom]], came second on the list with $300 million. He surpassed fellow Nigerian King [[Olubuse II]], the [[List of rulers of Ife|Ooni of Ife]], worth at least $75 million and the ruler of [[Swaziland]], King [[Mswati III]], who was himself worth some $50 million. Rounding out the top five was the [[Ghana]]ian King [[Otumfuo Nana Osei Tutu II|Osei Tutu II]], of the [[Ashanti]], with $10 million.<Ref>{{cite web|url=http://www.forbes.com/sites/mfonobongnsehe/2014/06/03/the-5-richest-kings-in-africa/|title=The 5 richest kings in Africa|work=forbes.com|accessdate=June 9, 2015}}</ref>
As of March 2014, King [[Mohammed VI of Morocco]] topped the list with US$2 billion, while [[Nigeria]]n oil magnate King [[Fredrick Obateru Akinruntan]], the [[Olugbo of Ugbo Kingdom|Olugbo of the Ugbo Kingdom]], came second on the list with $300 million. He surpassed fellow Nigerian King [[Olubuse II]], the [[List of rulers of Ife|Ooni of Ife]], worth at least $75 million and the ruler of [[Swaziland]], King [[Mswati III]], who was himself worth some $50 million. Rounding out the top five was the [[Ghana]]ian King [[Otumfuo Nana Osei Tutu II|Osei Tutu II]], of the [[Ashanti]], with $10 million.<Ref>{{cite web|url=http://www.forbes.com/sites/mfonobongnsehe/2014/06/03/the-5-richest-kings-in-africa/|title=The 5 richest kings in Africa|work=forbes.com|accessdate=June 9, 2015}}</ref>


In the time since the period of evaluation, Olubuse II has passed away. He was succeeded as the Ooni by King [[Adeyeye Enitan Ogunwusi|Ojaja II]], a distant relative, although the personal wealth that he was evaluated upon went to his lineal heirs in the Sijuade family.
In the time since the period of evaluation, Olubuse II has passed away. He was succeeded as the Ooni by King [[Adeyeye Enitan Ogunwusi|Ojaja II]], a distant relative, although the personal wealth that was evaluated went to his lineal heirs in the Sijuade family.


==References==
==References==

Revision as of 08:39, 21 May 2017

Africa's Richest Kings is a ranking of Africa's wealthiest monarchs, compiled and published by the American business magazine, Forbes, in March 2014. The total net worth of each individual on the list is estimated, in United States dollars, based on their assets and accounting for debt. Politicians and dictators whose wealth comes from their positions are excluded from this list, as the term king is deemed by the evaluators to refer to either sovereign or constituent monarchs who reign due to monarchical tradition.[1]

As of March 2014, King Mohammed VI of Morocco topped the list with US$2 billion, while Nigerian oil magnate King Fredrick Obateru Akinruntan, the Olugbo of the Ugbo Kingdom, came second on the list with $300 million. He surpassed fellow Nigerian King Olubuse II, the Ooni of Ife, worth at least $75 million and the ruler of Swaziland, King Mswati III, who was himself worth some $50 million. Rounding out the top five was the Ghanaian King Osei Tutu II, of the Ashanti, with $10 million.[2]

In the time since the period of evaluation, Olubuse II has passed away. He was succeeded as the Ooni by King Ojaja II, a distant relative, although the personal wealth that was evaluated went to his lineal heirs in the Sijuade family.

References

  1. ^ "Methodology-how we crunch the numbers". forbes.com. Retrieved June 9, 2015.
  2. ^ "The 5 richest kings in Africa". forbes.com. Retrieved June 9, 2015.