Top 10 Richest Sheikh in Nigeria And Their Net Worth

In this article, RNN will highlight the top 10 richest Sheikh in Nigeria. And you’re probably wondering why most these men are so wealthy. These people are incredibly rich.

In the Muslim parts of the Horn of Africa, “sheikh” is often used as a noble title. In Somali society, it is reserved as an honorific for senior Muslim leaders and clerics (waded), and is often abbreviated to “Sh”.

Sheikh is an honorific title in the Arabic language. It commonly designates a chief of a royal family member. It is also commonly used to refer to a Muslim religious scholar. The term can be literally translated to “Elder”.

The title of sheikh is often held by royalty in the Middle East, but it can mean so much more. In Arabic, sheikh means man of old age, a title that is not easily earned. Only the most revered and respected Muslims can earn this honourable title.

Muslims who earn the term sheikh have often diligently studied the religion of Islam. They are well versed in the teaching of the Qur’an and live according to Sunnah.

These are the list of Top 10 Richest Sheikhs in the world.

1. Sultan Muhammed Sa’ad Abubakar IV

Sultan of Sokoto

Alhaji Muhammad Sa’ad Abubakar III is the ruler of the Sokoto Caliphate and one of the richest sheikhs in Nigeria. The Sultan of Sokoto’s net worth is estimated to be $100 million.

Sultan Muhammed Sa’ad Abubakar IV was born on 24 August 1956, he is the 20th Sultan of Sokoto. As Sultan of Sokoto, he is considered the spiritual leader of Northern Nigeria’s Muslims, and the majority of the nation’s population.

He attended Barewa College in Zaria and proceeded to the Nigerian Defence Academy in 1975 where he was a member of the 18th Regular Course. Abubakar commissioned a Second Lieutenant in 1977 and served in the elite Armoured Corps. He headed a presidential security unit of the Armoured Corps that guarded then military ruler General Ibrahim Babangida in the late 1980s.

On 2 November 2006, Abubakar ascended the throne following the death of his brother, Muhammadu Maccido, who died on ADC Airlines Flight.

2. Lamido Sanusi

Former Emir of Kano

Lamido’s net worth is greatly influenced by his upbringing and all the remarkable high-paying jobs he has gotten as a banker and as an economist. His net worth is an estimated $80 million.

Muhammadu Sanusi II was born on 31 July 1961 in Kano into the royal family as the grandson of Muhammadu Sanusi I. known by the religious title Khalifa Sanusi II, is a spiritual leader in the Tijanniyah Sufi order of Nigeria. He is a member of the Dabo dynasty and was the Emir of the ancient city-state of Kano.

Sanusi Lamido ascended to the throne as the Emir of Kano in 2014 and was crowned Emir Muhammadu Sanusi II. This saw him become the 14th Emir of Kano, a prominent position in Nigeria. However, he was dethroned in March 2020 due to political reasons. In addition to his esteemed status, he is a family man with three wives and children.

3. Sheikh Ibraheem Yaqoub Zakzaky

Ibrahim Zakzaky is one of the richest Theologians & listed as the most popular Theologian. According to our analysis, Wikipedia, Forbes & Business Insider, Ibrahim Zakzaky’s net worth is approximately $5 Million.

Ibrahim Al-Zakzaky) (born May 5, 1953) is an outspoken Shi’a Muslim cleric in Nigeria, and head of Nigeria’s Islamic Movement (IMN). He is the head of Nigeria’s Islamic Movement, which he founded in the late 1970s, with a student at Ahmadu Bello University, and began propagating Shia Islam around 1979. At the time of the Iranian revolution which saw Iran’s monarchy was overthrown and replaced with an Islamic republic under Ayatollah Khomeini.

He is married to Zeenah (Zainab), with whom he had nine children. Currently, only three of his children (one son and two daughters) are living. Three of his sons were killed in the Zaria Quds Day massacres in 2014. Three additional sons were killed in the 2015 Zaria massacre.

4.  Sheikh Ibrahim Saleh Al-Husaini

Ibrahim Saleh Al-Hussaini’s net worth is said to be estimated between $1 million -$5 million.

Sheikh Sharif Ibrahim Saleh Al-Hussaini was born on a Saturday night, on 12 May 1938 in Aredibe, a nomadic settlement of the Shuwa Arabs, near Dikwa in Borno State. His father, Sheikh Muhammad Al-Salih bin Yunus Al-Nawwy, was a renowned Islamic scholar and a devoted Muslim.

Sheikh Ibrahim Saleh was introduced to the world of Qur’anic recitation at a very young age, always with his father, who spent most of his nights offering supererogatory prayers (nawafil). As a result, the young Ibrahim memorized many chapters of the Book even before he commenced his formal study.

Al-Hussaini is an international Islamic figure, Currently, he is the head of the Supreme Council for Fatwa and Islamic Affairs in Nigeria and he is a member of the Muslim Council of Elders. He completed his studies at the Supreme Islamic Institute in his country Nigeria.

5. Late Sheikh Nasir Muhammed Umar Kabara

Muhammed Umar Kabara’s net worth is said to be estimated at $500.000.

Sheikh Nasir Muhammed Umar Kabara was born on 18 April 1924, He is a prominent Islamic scholar of Qadiriyya in Kano State, founder of Darul Qadiriyya in Kano State and the former Leader of Qadiriyya in West Africa. He was succeeded by his son Qaribullahi Nauru Kabara. He is also the father of the controversial Islamic scholar Abduljabbar Nauru Kabara.

The versed teacher learned law, theology, literature, logic, and grammar from his father and a host of other subjects like astrology from Mahmud Kabara among other learned personalities. The erudite scholar is also a prolific writer as he had written over 150 treaties and books explaining various aspects of Islamic philosophy in the Arabic and Hausa languages over thousands of poems.

In 1987, during the mauled celebration of Abd al-Qadir Jilani, Sheikh Saif al-Din of Baghdad proclaimed him as the leader of the Qadiriyyah Sufi order for the whole of Africa. He died on 4th October 1996 in Kano, Nigeria.

6. Sheikh Farouk Onikijipa

Faruq Onikijipa’s net worth is said to be estimated between $500K – $1 million.

Sheik Sulaimon Onikijipa was born on the 25 February 1962 into the Onikijipa family by Alhaja Aminat Faruq, the little girl of Fadilat Sheik Sa’adullahi. The Imam of the antiquated Okekere Mosque in Oke-male, Ilorin and Sheik Umar Faruq.

In 1979 Sheik Sulaiman progressed in his Islamic instruction at Darul-ulum Arabic and Islamic school, Ilorin. A cutting-edge and considerable Islamic Institution in the antiquated Ilorin between 1979 and 1983, the sheikh took up essential Islamic investigation.

This incorporates Islamic lawful examinations (fiqh), Islamic phonology (surfu and nahu) and a host of others. In this way, in 1983 sheikh had his first testament in Arabic and Islamic training from Darul-ulum Arabic and Islamic School Ilorin.

Sheikh Sulaimon Faruk got married to his wife at a very early stage. Sulaimon Faruk is only married to this beautiful woman who has been with him all his life, you can say she stands like a backbone to the great Islam clergy.

7. Sheikh Mojeed Eleha

Mojeed Eleha’s net worth is yet to be disclosed.

Sheik Mojeed Eleha, the founder of Darul-Islam is also one of the popular Muslim Sheiks in Nigeria, whose Tafsir is thronged by people in Lagos.

His Mosque at Isheri, Igando area is always filled to the brim with many Muslims. Though he is tagged “Ali-Sunah” (Those who follow strictly comply with Prophet Muhammed’s doctrine) and is perceived to be strict, there is no gain in saying that he speaks the truth from his heart.

Sheik Mojeed Eleha runs Darul-Islam Schools and foundation in Isheri Olowora, Lagos. He founded Daaru Nalm College, which was founded on 25 September 2011, and his Tafsir is always aired on TVC every day during Ramadan.

8. Sheikh Abdul Wahab Zubair Gamouwi

Abdul Wahab Zubair Gamouw’s net worth is yet to be disclosed.

Sheik Abdul Wahab Zubair Gamouwi is the founder of SOFWAT at Ajegunle Bus Stop, along Agege Motor road. He acquired his Islamic knowledge under the tutelage of the late Adam Al-Ivory and was running the Morkaz with him for years.

Wahab runs one of the biggest Modrazat in his Locality and he holds his tafsir every day of Ramadan. Sheikh Abdul Wahab hails from Gamo, a town very close to Ilorin in Kwara State.

9. Late Sheikh Adam Abdullah Al-Ilory

Sheikh Adam Abdullah Al-Ilory’s net worth was not revealed.

Adam Abdullah Al-Ilory was born in 1917 in Benin-Nigerian, he is an Islamic scholar. He was born into the family of Abdul Baqi al-Ilory, who was the son of Abdullah.

He died at the age of 75.

10. Late Sheikh Shehu Usman Dan Fodio

Sheikh Shehu Usman Dan Fodio’s net worth is not revealed.

Shaikh Uthman Ibn Fodio was born on 15 December 1754, in Sokoto. He was a religious teacher, revolutionary, military leader, writer and Islamic promoter, and the founder of the Sokoto Caliphate. Dan Fodio was one of a class of urbanized ethnic Fulani living in the Hausa States since the early 1400s in what is now northern Nigeria. He was a leader who followed the Sunni Maliki school of Jurisprudence and the Qadiri branch of Sufism.

Uthman Ibn Fodio died on 20 April 1817.