Estimated net worth: At least $75 million
Source: Construction, Property, Oil
Alayeluwa Oba Okunade Sijuwade, Olubuse II, is the traditional King (Ọọ̀ni) of Ile-Ife’, an ancient city located in Osun state in Nigeria’s south-western region. Ile-Ife is generally believed to be the traditional home of the Yoruba civilization. Oba Sijuwade, 84, who ascended the throne in 1980, is also a prosperous businessman. 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. Upon his return back to Nigeria, he worked as a manager for the Leventis Group and as a sales executive for National Motor.