Togbe is a great investor and holds the following titles. To date, the royal family has reportedly amassed a fleet of 38 jet planes and helicopters. Just because she keeps her life on the low doesn't mean the Duchess of Kent hasn't scraped up some of the royal fortune. Lady Helen Taylor: $10 Million. Ethiopia monarchy being the oldest is debatable. The King's parents, King Juan Carlos and Queen Sofa are also considered full-time members of the royal family, although they retired from public life following his abdication in 2014 . How does the Royal Family of Jodhpur make money? Impeccably attired in a pinstriped suit, he could, at first blush, be one of the many cultivated, urbane figures from northern Africa. Who are the wealthiest Kings in Africa? 11 . Like his brother, he was imprisoned by the Derk from 1974 to 1989. 10. It is a rare phenomenon to find a poor ruler. In the 21st century, rich African kings earn their wealth from government taxes, community donations, businesses, inheritance, and other ventures. They met in 1987 in Zimbabwe, where each had relocated after Selassie was overthrown as emperor and imprisoned in 1974. He also owns an extensive portfolio of residential and prime commercial real estate property in Nigeria and London. But . The Grand Ducal Family does not receive a salary, but . He became Sultan in November 2006. Centrica Nnaemeka is currently the Chancellor of Ahmadu Bello University and the chairman of the board of directors of Unilever Nigeria. Prince Joel David Makonnen Haile Selassie now lives in the United States, with his spouse, Ariana Austin of whom he married in 2017. He worked in the USA before relocating to Nigeria in 1972. 1. He served in the Nigerian Police Force for 32 years, where he ascended to the position of Assistant Inspector General. In April 2022, he joined forces with other business leaders to raise $8 million to rebuild Waaheen Market, a project initiated by Somaliland President Muse Bihi Abdi. When it comes to riches . Sure, there are only three African countries with constitutional monarchies Morocco, Swaziland and Lesotho -- but there are several hundred traditional monarchs dispersed across Africa in urban, semi-urban and rural communities in independent countries. Al-Amoudis stakes in Preem and Svenska are evaluated based on the most recent financial reports issued by the Swedish companies. Oba Fredrick Obateru Akinruntan is a Nigerian monarch and the traditional rule of the Ugbo Kingdom. His Imperial Highness Prince Joel David Makonnen Ethiopia Royal Family Solomonic Dynasty . I was attracted to her right away and really wanted to get to know her., He reinforced his interest with eye contact so intense that she was compelled to comment. As a result, he is the second richest king in Africa. But when she met Mr. Robinson at Bon Bons Coffee in Fort Wayne, Ind., Ms. Makonnen wasnt feeling very regal. This is a BETA experience. Mr. Robinson, who that year completed a bachelors degree in business at Western Governors University, is the chief executive at CEV Collection. Belayneh Kindie. It has the power to change the world.. However, history tells a different story as Africa had powerful queens who were revered warriors and rulers. It was tough, Mr. Robinson said of that time, because soccer was something I had spent my whole life working on.. Nnaemka Alfred's net worth is estimated to be $50 million. He took the crown on 25th April 1986 at 18 years old, thus becoming the worlds youngest monarch to rule at the time. His royal net worth saw a significant increase following his 30th birthday in September 2014, when he received an estimated $12.3 million inheritance from the estate of his late mother, Princess Diana. PAY ATTENTION: Follow Briefly News on Twitter and never miss the hottest topics! Ethiopia has only one billionaire, 150 multimillionaires and 3,200 ultra-high net-worth individuals. 5. On the political front, he has enacted a series of reforms to the country's constitution, including amendments that stripped him of some of his political powers. Africa is a wealthy continent, as seen from the net worth of the richest kings in Africa. Most of their wealth comes from oil. In 2011, Forbes estimated the British royal family's net worth to be $500 million (383 million), made up of property, art, and investments. She visited . ", On the other hand, tribalism "has become increasingly a problem in Ethiopia and the country has been divided along ethnic lines in terms of creating a federation in administrative terms.". He then moved on to agriculture, real estate, moving on to bet on energy in Saudi Arabia, Ethiopia and in Sweden. Tasralech. Mohammed Al-Amoudi, an Ethiopian billionaire businessman, has seen his net worth plummet by more than $268 million since the start of the year owing to a sustained decline in the value of his collective industrial assets and investments. It could be just an Amhara dynasty that has nothing to do with Aksumite rulers. According to both Old Testament and Ethiopian archival accounts, a magic moment took place between the two and the result was Menelik, who began the Solomonic Ethiopian Royal dynasty. Jamal was this popular, outgoing guy who caught everyones eye, she said. Akiko's deal with the EEP or Ethiopian Electric Power would make her the first Ethiopian to build a privately owned and operated solar plant in the country. Succession Prince Tafari shed happy tears as he walked his daughter down the aisle. Australia is "a gateway to Asia and because of that to the world." They hold majority stakes in the Socit Nationale d'Investissement (SNI), which was initially state-owned. 4. Briefly.co.za highlighted the top 10 most powerful women who ruled in ancient prominent African kingdoms. In 1974 during economic crises at home and abroad and a famine in northeast Ethiopia, a revolution overthrew Emperor Haile Selassie and imprisoned him and most of his family on 12 September (although Crown Prince Asfaw Wossen was abroad in Geneva, Switzerland for medical treatment at the time). Emir Sheikh Tamim bin Hamad Al Thani took over the throne of Qatar after his father, former emir Hamad bin Khalifa Al Thani, stepped down in 2013. Georg Friedrich, Prince of Prussia, is locked in a legal battle for more than 10,000 family artifacts seized or lost after World War II. He didnt know me.. This is the current list of succession to the Ethiopian throne. Prince Tafari and Mrs. Abitow, whose father served as special adviser to a prime minister of Ethiopia under Selassie, came to Indiana in the late 1980s. 2. The Ugbo Kingdom is situated in the Ilaje Local Government of the Ondo State of southwest Nigeria. 2023 Billionaires.Africa. Meet Mombasa Governor Hassan Johos Father, List Of Best Cooking Oil Manufacturers In Kenya, List of Most Corrupt Countries in Africa 2019, How To Remove Phone Number From Truecaller Permanently, List Of Top Corporate Branding Companies In Kenya, List Of Best Logbook Loans Providers In Kenya, List of Top 10 Best Places to Live in Nairobi, List Of Most Profitable Businesses In Kenya 2023. The group owns stakes in two onshore oil blocks in partnership with London-listed energy giant . Net Worth: $190.5 Billion. Haile Selassie I ruled Ethiopia from April 2, 1930, until September 12, 1974. For example, King Goodwill Zwelithini kaBhekuzulu, the traditional King of the Zulu people, South Africas largest ethnic tribe, receives an annual allowance of about $6 million to cater to the needs of his royal household. Berhane Gebrekristos - $2 Billion. Premier Bank Limited, a Mogadishu-based financial institution headed by Somali businessman Jibril Hassan Mohamed, is on the verge of acquiring a controlling stake in First Community Bank (FCB), the first fully-fledged Shariah-compliant bank in Kenya. However, the recent bump in his wealth comes after his net worth slumped by $1.25 billion in 2022, from $6.71 billion to $5.46 billion. He is a law graduate from the University of Lagos. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Top 20 list, Top 20 black female comedians you need to watch right now. In 2017, Ms. Makonnen was hired by the National Security Council in Washington, where she is now the deputy director for human capital. The Danish Civil List grants the royal family $12.8 . The market value of his holding in Preem, Swedens largest oil refiner, has soared in the past 53 days from $1.08 billion on January 1 to $1.14 billion at the time of writing. SNIs largest asset is a 48% stake in Moroccos largest bank, Attijariwafa, as well as controlling stakes in mass distribution giant Marjane Holding; mining companyManagem Group and mobile telecoms company Inwi. A poor country of 100 million people on the Horn of Africa, Ethiopia is scarred by coups, civil wars and famine. However, it was expelled in 1974 after the communist-led Dergue (meaning Committee) group of soldiers seized power. This made Emperor Haile Selassies son, Emperor-in-Exile Amha Selassie of Ethiopia or by the more official title as His Imperial Majesty Emperor Amha Selassie I, Elect of God, Conquering Lion of the Tribe of Judah and King of Kings of Ethiopia. Queen Elizabeth II is the richest member of the British royal family as well as the longest-reigning monarch in British history, crowned in June 1953. Net worth: $40 million. Pressed on the matter of a possible royal return to Addis Ababa, the Ethiopian capital, as Emperor Ermias, he says: "This is a difficult question [but] I believe it's possible," adding he would only return as Emperor by popular demand, and "if it is going to bring stability and prosperity" to his native land. Prince (Leul) Paul Wossen Seged is the 2nd Duke of Harrar. 7. Oba Ewuare II Ogidigan is the 40th Emperor of the Benin Empire. Estimated net worth: $200 million. He got into power in October 2016 and is among the richest kings in Nigeria. Before they could prove she was right, Ms. Mengesha died, on July 3, 2020, of thyroid cancer. Estimated net worth: $1.8 billion. Meanwhile, the local economy has a GDP of $108 billion, making it the sixth-largest . Austin, 33, told ABC News she was . Queen Margrethe II. On the face of it, Australia and Ethiopia have little in common. Today, under the leadership of Abdirashid Duale, the company has expanded its reach to become the largest money transfer business in Africa, operating in 126 countries worldwide, with 40 in Africa. Associated Press Photo. Peter and Paul Antiochian Orthodox Christian Church in Potomac, Md. He also gets to enjoy other perks like frequent private air travel and keeps an exotic collection of automobiles, all paid for by South Africas taxpayers. The golden king. PAY ATTENTION: Never miss breaking news join Briefly News' Telegram channel! Much of the British royal family's net worth comes from the Crown Estate, although it isn't actually owned by the queen. This equates to a four-percent, or $268-million, decrease in his net worth since the start of the year. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. As a subscriber, you have 10 gift articles to give each month. Ben Rushton. In doing the research for this list, I excluded wealth held or controlled by rulers in trust for their nation or territory. His mother is Princess Sara Gizaw, Dowager Duchess of Harar. Prince Pauls father was the 2nd son of Emperor Haile Selassie of Ethiopia. He was commissioned as a Second Lieutenant in 1977. His Imperial Highness Prince Joel David Makonnen Haile Selassie, From King Solomon to Emperor Haile Selassie I, Prince Joel Makonnen, Ethiopian Royal Family, Ethiopian Imperial Solomonic Dynasty. Who is the richest royal family in history? An Ethiopian princess, Ms. Makonnen is a great-granddaughter of Haile Selassie, Ethiopias last emperor, whose lineage is said to trace back to the biblical King Solomon and Queen of Sheba. According to Marie Claire, Princess Diana received $22.5 million prior to her death, and much of that money was passed on to her sons Prince William and Prince Harry. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Prince Mikaels father was the 2nd son of Emperor Haile Selassie of Ethiopia. According to data tracked by Billionaires.Africa, the recent increase in his net worth further cements his position as the richest man in Ethiopia and one of the richest billionaires in Africa. All Rights Reserved. The princes . This bilateral gateway status is part of one of the more intriguing foreign visits to Australia in recent years. He also controlsTibiyo TakaNgwane, an investment holding company that owns stakes in sugar refining giants Ubombo Sugar and Royal Swaziland Sugar Corporation (RSSC), dairy companyParmalatSwaziland, spirits manufacturer Swaziland Beverages and hotel chain Swazi Spa Holdings. Then there is another doubt in the 13th century so called reestablishment being a reestablishment at all. Sebhat Nega - $2 Billion. Hes an attorney and speaks five languages English, Amharic, Fench, Italian, and Spanish. He also owns an extensive portfolio of prime commercial and residential real estate in London and Nigeria, including the landmark Febson Hotels and Mall in the Central Business District of Abuja. Prince Paul Wossen Seged Makonnen, 2nd Duke of Harrar. More than a decade ago Copley wrote that Australia "must chart its course among giants" and cannot always expect "to be strategically at one with the US". The bride and her father, Prince Tafari Makonnen, dance at the reception. Prince Joel Makonnen is the Co-Founder and CEO of Old World // New World, a media & entertainment company based in Los Angeles, CA. Wealth-X estimates Prince William's net worth is around $40 million. I'm really impressed and it's amazing.'". It is speculated that the Royal Family of Jodhpur has a net worth of INR 224 billion. The Mewar family falls at the top of the richest royal families of India. I spent quite a bit of time trying to find out. Edna Tafari Makonnen and Jamal Akil Robinson initially struggled to find equal social footing when they got together for coffee in February 2015. However, the problem is that most of those under their rule remain poor. Prince Edward and his wife Sophie Wessex are rumored to have a shared net worth of $10 million (per Celebrity Net Worth ), though the website Wealth-X put that net worth at closer to $45 million . Berhane Gebrekiristos. She has an estimated net worth of $500 million. Under the 1955 Ethiopian Constitution, which officially conserves the traditional rights of primogeniture, Prince Joel is 5th in the line of succession to the Imperial throne. 5. Country: Norway. "You can't really disengage because when you disengage you have all the problems that exist today," Prince Ermias says, looks upwards, and smiles. Prince Edward and his wife Sophie Wessex are rumored to have a shared net worth of $10 million (per Celebrity Net Worth ), though the website Wealth-X put that net worth at closer to $45 million back in 2012. Rana Sriji Arvind Singh Mewar is the 76th custodian of the royal highness and the family lives in . Prince Joel Makonnen is the Co-Founder and CEO of, Prince Joel Makonnen is also Co-Owner and Board Director of the. The Big Apple "is supposed to be a melting pot of the world but when I came to Sydney Airport and I was watching all those faces I just could not believe the interaction of people.". Queen Elizabeth II is the richest member of this family with a personal net worth of $428.3 billion. That she is royalty was not the problem. The net worth of Elizabeth -- not including the wealth of the monarchy as . According to the 1955 orders of succession and with the assent of the Imperial Crown Council, the current order of succession among the living male descendants of Haile Selassie I is as follows: Born on August 17, 1953 (possibly 1951) in Addis Ababa, His Imperial Highness, Zera Yacob Amha Selassie is the grandson of Emperor Haile Selassie, who was the last official emperor of Ethiopia. Under the terms of the 1955 Constitution of Ethiopia, he is currently fifth in the line of succession to the former Imperial Ethiopian throne. Is the situation likely to change? Estimated net worth: $10 billion. Their net worth is estimated based on the assets held after accounting for debt. In March 1974, some of the last photos were taken . We use cookies to analyze website traffic and optimize your website experience. Meanwhile, his Midroc stake is valued in three parts the groups services units, property unit and consulting firm, Midroc Invest. The king of Norway married Queen Sonja in September 1968, and they reside in Oslo at the Royal Palace. Peter and Paul Antiochian Orthodox Christian Church in Potomac, Md. "There have been times where the royal family has not been formally in Ethiopia itself, but has come back," Prince Ermias points out. In 1270, the Zagwe dynasty of Ethiopia was overthrown by Yekuno Amlak, who claimed descent from Solomon and reinitiated the Solomonic era of Ethiopia. Most of them are here in Ethiopia not all are abroad. His worth is approximately $100 million. Are Ethiopians open to them returning to the country in some capacity? Controls gold mines and massive tracts of fertile lands that were handed to him by the late former prime minister Meles Zenawi. Muhammadu Sanusi II, also known as Khalifa Sanusi II, is the spiritual leader of the Tijanniyah Sufi in Nigeria. Since then he divides his time between networking with members of the large Ethiopian diaspora in the Washington area, visiting African states, including Ethiopia, and pursuing business interests including a substantial investment in the Argonaut Company which manufactures water purification plants, and has a growing market for its products in Africa. Then I went straight down the rabbit hole, Mr. Robinson added. . He proposed to Ms. Makonnen on July 12, 2019, during a family visit to Fort Wayne. I was the studious type, she said. Mansa Musa was born in 1280 into a family of rulers. The room was in tears. The House of Saud, the ruling family of Saudi Arabia, has been ruling its kingdom for more than 200 years and is the richest royal families in the world. Oba Rilwan Akiolu was born on 29th October 1943 and was crowned the 21st Oba of Lagos in May 2003. 2. He got into power in 2009. A senior when Ms. Makonnen was a freshman, Mr. Robinson, now 34, had been a star soccer player. Queen Margrethe has been queen since 1972 and has a well-cushioned allowance. The ni first cut his teeth in business by working in his fathers trading business as a teenager before going to the United Kingdom to study for a degree in business. Here is a look at the top 10 richest kings in Africa 2022. Eyob "Joe" Mamo. Those that are here are probably not wealthy and live just like the ordinary Ethiopians. When Mr. Robinsons coffee meeting with Ms. Makonnen exceeded his time limit and ran to 60 minutes, he saw it as an auspicious sign. Andrew Jarmus led the ceremony in both Amharic and English. King Mohammed VIWireImage. Mengistu Haile Mariam, who overthrew the Ethiopian monarchy. The bride and her mother, Aster Abitow, before the wedding ceremony. When he ascended the throne, he also inherited property worth over Rs 20,000 crores. For example, the late Queen Elizabeth's fortune was around $530 million and Meghan Markle's is at $5 million. All the royal heads have to ensure the economic development of the ruled, even as they amass personal wealth. The Agbogbomefia was born on 23rd April 1957 as James Akpo and was coroneted in October 2003. Copyright 2017 Prince Joel Makonnen - All Rights Reserved. The Kuwaiti royal family was estimated to be worth US$90 billion in 1991 - but as their stocks and shares have soared in value, the family is worth some US$360 billion today. Hundreds of blooms surrounded the couple. Here is a carefully curated list that will help you determine the richest king in Africa ever. Little is known about Prince Paul, other than he seems to have been born in 1947 in Addis Ababa. Follow the topics, people and companies that matter to you. Meet the 5 richest Kings in Africa. Sultan Saadu Abubakar III is the second richest king in Nigeria. What is the strongest dog breed in the world? He was the emir of the ancient Kano state. The two, who had connected earlier that month after he saw a photo of her on Instagram and sent her a message on the app, are both graduates of Northrop High School in Fort Wayne. The company has assets worth over $140 million, but he holds it in trust for the people of Swaziland. She wouldnt even say his name correctly.. Azeb Mesfin - $4 Billion. This, technically you would think, would make his son, Zera Yacob Amha Selassie, the next king however the abolition of the monarchy in March of 1975, meant for now at least, makes Zera Yacob Amha Selassie, Crown Prince of Ethiopia next in line for the throne. He is the great-grandson of Haile Selassie I, the last Emperor of Ethiopia. And since these traditional monarchs may wield significant influence in political circles, some of them get invited join boards of large corporations. 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. Source: Mining Equipment, Property, Jewelry. This title reflects Ethiopian dynastic traditions, which hold that all monarchs must trace their lineage to Menelik I, who was the offspring of King Solomon and the Queen of Sheba. Whenever you speak of luxury goods and fashion apparel, France occupies a pride of place. Home to 78 billionaires with an aggregate net worth of $209 billion, the Middle East claims just six female ten-digit fortunes. Black people need that.". The Waltons have been dominating this list for over ten years, and they are by some measure the most prosperous clan of the world. The heir-to-the-throne beats his dad King Charles III, who is worth $1.5 billion, while Prince . Oba Sijuwade, 84, who ascended the throne in 1980, is also a prosperous businessman. Source: Money.com, Celebrity Net Worth. Ustinov had ancestral connections to Russian nobility, as well as to the Ethiopian Royal Family. My parents would come to pick me up, and my teachers would say, Edna said shes a princess. Ms. Makonnen said. Samuel Tafesse - $1.6 Billion. He got into power in 2015 after succeeding Oba Okunade Sijuwade. The $161 million bump in his wealth figures can be attributed to the strong performance of his industrial assets in Ethiopia, Saudi Arabia, and Sweden, which continues to track the performance of publicly . Egyptian businessman Ahmed El Sewedys electric company records over $185 million in profit in 2022, Egyptian mogul Medhat Khalils Raya Holding signs deal to expand entrepreneurship support programs, GB Auto, led by the Egyptian Ghabbour family, hits historic $344-million profit mark, Led by Egyptian tycoon Yasmine Khamis, Oriental Weavers profit dives below $31 million in 2022, Tunisian auto mogul Moncef Mzabis fortune drops by $8 million as shares in automobile retailer plunge, Somali businessman, Jibril Hassan Mohameds Premier Bank to acquire struggling Kenyan lender, FCB, Ethiopian billionaire Mohammed Al-Amoudis net worth soars by $161 million, Somali tycoon Abdirashid Duale sends aid to Turkey-Syria earthquake victims as death toll crosses 44,000, Sudanese-British billionaire Mo Ibrahims net worth surges by $100 million, Ethiopian entrepreneur Dawit Abraham sells board game to Cape Town-based gaming startup, Kenyan tycoon Baloobhai Patels Carbacid smashes expectations with $3.2-million profit in 2022, Kenyan businessman Paul Ndungu lists prime Nairobi property for sale, Kenyan businessman Andrew Ndegwa loses nearly $2.4 million in two months from stake in NCBA, Kenyan banker Gideon Muriukis Co-op Bank secures $100 million from global investors, Tanzanian billionaire Rostam Aziz pledges cheaper cooking gas amid $2.3-billion plant launch, Nigerian banking magnate Jim Ovias Zenith Bank receives approval to restructure into a holding company, Nigerian billionaire Mike Adenuga gains $22 million from stake in oil firm, Conoil, Aliko Dangotes sugar business reports impressive performance as profit surpasses $110 million in 2022, Indian billionaire Sunil Bharti Mittals Airtel Africa to boost its capital expenditure to $750 million in 2023, Nigerian billionaire Abdul Samad Rabius net worth skyrockets to $8 billion, eyes Africas top 3 richest spot, Microsoft joins forces with Strive Masiyiwas Liquid to bring Internet to underserved African communities, South African billionaire Stephen Saad eyes million-dollar deals to revive COVID-19 vaccine production lines, Nicky Oppenheimer, Africas third-richest man, loses $430 million in 26 days, Bernard Arnaults LVMH sets sights on South African billionaire Johann Ruperts Richemont, South African tycoon Neal Froneman-led Sibanye-Stillwater posts lower earnings, Q&A with Nigerian mining entrepreneur Emotan Josephine Aburime-Shine, Ethiopian tycoon Negusse Hailu recounts his experiences with EABSC, Meet Osinachi Ukomadu, an African tech entrepreneur revolutionizing logistics, Meet the South African woman who has created the worlds first ocean water distilled gin, African Judo Union President: Businesses must support sport. A first kiss didnt happen until May 2015. Opinions expressed by Forbes Contributors are their own. In a demonstration of their ongoing support for those in need, the firm also contributed funds and essential items to aid the displaced families affected by the Las Anod conflict, including food and blankets to be distributed by local officials and residents.