3 Oba Okunade Sijuwade, Nigeria
The late King Alayeluwa Oba Okunade Sijuwade, also known as Olubuse II, was born in January 1930 and died in July 2015. He was the fifth traditional ruler and king of Ife, a traditional Yoruba state in Osun State, Nigeria.
He ruled from 1980 to 2015 and at the time of his demise, he was worth an estimated $75 million. He founded WAATECO, an automobile distribution company, and Motel Royal. He also owned Sijuwade Group, a Nigerian corporation with interests in oil, gas, construction, real estate, and hospitality.
4 King Mswati III, Swaziland
King Mswati III was born in April 1968 in Manzini, Swaziland. He is the current King of Swaziland and head of the Swazi Royal Family. He was crowned king in April 1986 at the age of 18. He rules the small south African country as the absolute monarch.
King Mswati III has often been criticized for his lavish lifestyle, with many local and international media outlets accusing him of living an extravagant life, while his people languish in poverty. In the 2014 national budget, the country’s national assembly allocated $61 million for the King’s annual household budget. King Mswati is estimated to be worth $200 million.
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