King Mohammed VI of Morocco is building the Casablanca Finance City, a new financial centre for investors looking to access the markets in French-speaking Africa, This Royal Resort In Marrakech Is Quickly Becoming A Wellness Hotspot, Bucket List Travel: The World’s Most Outrageous Villas, Trump Announces Morocco-Israel Normalization Deal. Oba Obateru Akinrutan is the Olugbo (traditional King) of Ugbo land, an oil-rich community in Ondo state, in Nigeria’s southwestern region. The innovativeness and talent of black women like Yewande Masi, is no longer in doubt, as in recent times; several real healthy organic skin... For years, speculations and memes have been rife on the possibility of Pharrell Williams being a vampire due to his seeming agelessness. He ascended the throne after the death of his predecessor and father. Appointed king in 2009, the oil Magnate and founder of Obat oil is the second on our list of the richest king in Africa, and the richest king in Nigeria, with an estimated net worth of $300 million dollars. Ile-Ife is generally believed to be the traditional home of the Yoruba civilization. This list was compiled from Fatumasvoice and African Hype. Some of these rulers control large fortunes. Sign up However, for some, its aim goes way [...], On Wednesday, the 30th of July, Morocco celebrated the 15-year anniversary of the reign of its ruler, King Mohammed VI. 1. Al Sharpton Finally Files For Divorce From His Estranged Wife, Yikes! It’s maximalist—and unlike any other wellness property out there. He turned 46 recently, with his birthday coinciding with the Christian Easter holidays. The Olugbo of Ugbo Kingdom made Forbes’ list as one of the wealthiest monarchs in Nigeria with his … Africa may be full of democratically governed countries, but it is still the land of many kings. The number on our list of the richest Monarch in Africa is Mohammed VI of Morocco, who has an estimated net worth of $2 billion dollars and he is in the top ten rankings of the richest monarchs in the world. He struck out on his own in 1964, when he started WAATECO, an automotive distribution business that imported vehicles and vehicle parts from the Soviet Union to sell in Nigeria. I spent quite a lot of time trying to find out. Within a week of signing up on Black People Meet , Jocelyn and Devin met online in May of 2018. After... Art, they say, is a universal language that can be understood by anyone; Art passed deep messages in beautiful mediums. He founded the company in 1981 with a single gas station to meet the needs of his family and neighboring community. He is the reigning leader of Morocco (North Africa). Their family album will likely feature photos from this trip, just before baby made three. Forbes 15 Richest Presidents In Africa – Number 5 Will Shock You. It is often said that when a country isn't always on the News, it means it is one of the best places to be.... Africa is the second largest continent in the world! There was an error while trying to send your request. Rank Name Title Residence Net worth Source of wealth 1 Vajiralongkorn: King of Thailand The Ọọ̀ni first cut his teeth in business by working in his father’s trading business as a teenager before going to the United Kingdom to study for a degree in business. Mansa Musa travelled to Mecca with a caravan of 60,000 men and 12,000 slaves Amazon founder Jeff Bezos is the richest man in the world, according to … King Mswati III is the king of Swaziland, a landlocked kingdom in Southern Africa. The group owns stakes in two onshore oil blocks in partnership with London-listed energy giant Centrica PLC as well as a construction outfit that handles large-ticket road construction projects in Nigeria and was awarded a concession by the Federal Government to construct and manage a tollgate along the Ibadan-Ife dual carriageway- one of the major vehicular routes in Nigeria. His Majesty King Mohammed VI of Morocco is the wealthiest monarch in Africa. He is noted to be the only king who spends over thousands of dollars daily in his royal palace. (3)Oba Okunade Sijuwade, Ile-Ife, Nigeria, Estimated net worth: At least $75 million. Topping the list is Aliko Dangote, owner of West Africa's largest conglomerate, with a $17.8 billion net worth. From his late father King Hassan, King Mohammed VI of Morocco inherited a 35% stake in Societe Nationale d'Investissement (SNI), a holding company that has stakes in several publicly traded companies, including the country's largest bank, Attijariwafa; mining company Managem Group; sugar producer Cosumar; and dairy firm Centrale Danone. King Mohammed derives his fortune from his control of Société Nationale d’Investissement (SNI), a large Moroccan investment holding company with assets valued at more than $10 billion. Mohammed IV, King of Morocco. Oba Adedotun Gbadebo, who is the Alake (King) of Egbaland, a clan of Yoruba-speaking people in Nigeria, is the Chairman of Oando, a large Nigerian energy company. He also controls Tibiyo TakaNgwane , an investment holding company that owns stakes in sugar refining giants Ubombo Sugar and Royal Swaziland Sugar Corporation (RSSC), dairy company Parmalat Swaziland, spirits manufacturer Swaziland Beverages and hotel chain Swazi Spa Holdings. Not willing to share the spotlight with Jesus, King Mswati postponed his birthday celebrations for five days so that a proper national holiday could be held in his honor. Senegal. Morocco’s King Mohammed VI inaugurated last Friday a huge education center for foreign Imams in the capital city, Rabat. 1. Mohammed VI This is the richest King in Africa. - King Mohammed VI of Morocco is the richest king in Africa with a net worth of $2 billion - On the second and third positions are King Fredrick Obateru Akinruntan and late King … It is not uncommon for wealthy members of a tribe or community to give substantial sums of money, cars, land or houses to their traditional Kings in return for spiritual blessings or unrelated favors. Source: Mining Equipment, Property, Jewelry. American R&B artist Erykah Badu performed for the King during the expensive celebrations, irking thousands of human right activists. Black Coffee ($62 million). There is a whole lot that is still yet to be unconvered about ancient Africa; aeons of history on Africa’s Golden age are still... Black History Month formed in 1926; is a yearly celebration of accomplishments by African Americans. In doing the research for this list, I excluded wealth held or controlled by rulers in trust for their nation or territory. This $20 million facility is primarily intended to Muslim scholars and imams from all over the world, including Mali, France , the UK, and China. Beating the white-washed standards of beauty, and establishing the fact that black is beautiful and African women are beauties in their own skin; Black... Black women are blessed with beautiful hair. Many African monarchs also earn a significant income through the goodwill and generosity of their communities. This magical, fairytale inspired wedding styled shoot... Love is ageless, and can be found at any age at all and this is the story of Bose and Patrick. The company has assets worth over $140 million, but he holds it in trust for the people of Swaziland. Forbes have released list of the richest king in Nigeria. © 2021 Forbes Media LLC. Youssou N’Dour ($145 – $150 million). For more Top trends About Africa, Please subscribe. Check Out This Awesome Mural In Kingston Jamaica, Dedicated To The Environment, Melanin Wins As Ghanaian Beauty, Abena Akuaba Becomes The First Black Woman To Be Crowned Miss Grand, 5 TIPS ON HOW TO STYLE THE NATURAL BLACK HAIR, #BlackGirlMagic: How Yewande Masi, Went From Caring For Her Boyfriend’s Skin, To Owning Her Own Skincare Line, Pharrell Williams Launches His Own Skincare Line, Named “Humanrace”, Five Must Read Books By East African Women, That Depict The Post-Colonial Africa, FIVE AFRICAN MUSIC STARS TO LOOK OUT FOR IN 2021, Enjoy These Black Classic Christmas Songs For Black Folks. Africa’s richest monarch, King Mohammed VI of Morocco, has reportedly been awarded the Mandela Peace Prize 2016 by the Paris-based Mandela Institute. The award was reportedly conferred in his... 39 year old Grammy nominated Singer-Songwriter, Guitarist, actress and activist, Ivory Coast born, France based, Malian Golden voice, Fatoumata Diawara is our Wonder Woman... My Beautiful Black Ancestry will use the information you provide on this form to be in touch with you and to provide updates and marketing. Meet the 5 richest and most powerful Kings in Africa: His Majesty King Mohammed VI of Morocco is the wealthiest monarch in Africa. As of year 2021 the richest African musician is Wizkid from Nigeria. Othman Benjelloun ($1.7 billion net worth) 15. The year 2020, a year that came and ended with so many unpleasant stories and unplanned experiences; is the end of a decade and... Christmas season is a holiday season filled with Songs and for black folks who love to listen to songs from people who look and... South African Top rapper Cassper Nyovest, is having the best birthday of his life! His impressive earnings have been acknowledged by Forbes and he is one of thefinest musicians in Nigeria, Davido is one of the most iconic musicians in Nigeria. Want more stories like this? SNI’s largest asset is a 48% stake in Morocco’s largest bank, Attijariwafa, as well as controlling stakes in mass distribution giant Marjane Holding; mining company Managem Group and mobile telecoms company Inwi. King Mohammed VI, Morocco. Top Ten Presidents in Africa 2020. She was body shamed a lot and many viewers made fun of her... A visit to the Caribbean county, without an experience with its lovely nature and wonderful sites, isn't complete. Take a look inside some of the most luxurious and over-the-top places to travel in 2021. These are some of his major achievements over the last 15 years. Some have built their fortunes from scratch by starting successful enterprises and shrewdly reinvesting their profits into a diverse range of business concerns. All Rights Reserved. Now, as Royal Mansour reaches its 10th year, the hotel is adding to its overwhelming appeal with the arrival of a culinary star. 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The Richest African Kings: Latest Ranking For The Wealthiest Kings in Africa. With a net … The Morocco deal is the fourth U.S.-brokered agreement this year between Israel and an Arab state — and it comes with U.S. recognition of Moroccan sovereignty over Western Sahara. King Mohammed VI, the 27 kings of the Alaouite dynasty, ascended the throne in July 1999 and immediately set out to initiate a series of socio-political and economic reforms that have made the Kingdom freer and more prosperous than during the reign of his father, King Hassan II. Oba Akinrutan, who ascended the throne in 2009, is also the founder of Obat Oil, one of Nigeria’s largest privately-held oil trading companies. We bring to you the richest men in Africa. King Mohammed VI is the dignified ruler of Morocco and currently, he is deemed the richest African monarch. Mohammed VI was born on August 1963 and ascended to the throne in July 1999 after the death of his father, King Hassan II. He also gets to enjoy other perks like frequent private air travel and keeps an exotic collection of automobiles, all paid for by South Africa’s taxpayers.