Forbes have released list of the
richest king in Nigeria.
The Olugbo of Ugbo Kingdom, HRM
Frederick Obateru Akinruntan was named the richest monarch in Nigeria.
Oba Akinruntan beat the likes of
the Alaafin of Oyo, the Sultan of Sokoto, the Ooni of Ife and the likes to
emerge the wealthiest monarch.
In the list which has the Ooni of
Ife and the Alaafin, Oba Akinruntan was rated to have an estimated net worth of
$300 million, while Oba Sijuade’s estimated net worth is about $75 million.
The Ooni of Ife has investments
in construction, landed properties and oil while Oba Akinruntan is mostly into
oil.
Oba Akinruntan is owner of the
largest petroleum depot in Africa.
He also owns Obat Oil Company
which he founded in 1981 alongside a gas station which has grown to over 60 gas
stations across the nation.
Apart from Oil business, the Oba
is also into real estate, with Hotels in Abuja, buildings both home and abroad.
He entered the history books in
2012 when he became the first black person to buy the 2014 model of Bentley
which was accustomed only for Queen Elizabeth of England.
Click to signup for FREE news updates, latest information and hottest gists everydayAdvertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com