Check out 5 Richest Kings In Africa and their sources of income.

Click banner for more info

 Africa might be saturated in democratically governed countries, but it is still the land of numerous kings. 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. Mostly, these monarchs wield little if any formal political power, nevertheless they fulfill spiritual and ceremonial obligations to members of the community.

CLICK HERE TO SEE THE LIST 

#1 of 5 Richest Kings In Africa

Click banner for more info

King Mohammed VI, Morocco

Estimated net worth: $2 billion

Source: Investments

His Majesty King Mohammed VI of Morocco is the wealthiest monarch in Africa. He 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. 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. The King also owns a substantial chunk of the world’s phosphate reserves. King Mohammed VI, the 27th king 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. In 2014, the King introduced a new family law giving women legal equality with men in key areas; his economic strategy has led to the creation of new industrial zones which in turn has given a boost to the number of global industrial corporations setting up shop in Morocco. 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.

    

Source: Forbes

Check out Nigeria’s Top 5 Richest Pastors

Click banner for more info

These days, millions of souls, desperate for financial breakthroughs, miracles and healing, all rush to the church for redemption. God is good, especially if you’re a Nigerian pastor with some business savvy.And while the bible expressly states that salvation is free, at times it comes with a cost: offerings, tithes, gifts to spiritual leaders, and a directive to buy literature and other products created by men of God.

Continue after the break.