Wednesday, 7 June 2017

The Richest King in Nigeria 2017: Oba Akinruntan of Ugbo Kingdom With Net Worth of $300m - Forbes List

The most recent forbes list has named the Olugbo of Ugbo Kingdom, HRM Frederick Obateru Akinruntan of Ilaje Local Government in Ondo state as the richest king in Nigeria 2017.

Oba Akinruntan is the owner of Obat Oil Company, one of the biggest petroleum stations in Africa which he founded in 1981 alongside a gas station which has grown to over 60 gas stations across the nation.

His Networth was estimated at $300 million Dollars to beat the Ooni of Ife and Alaafin of Oyo, Sultan of Sokoto who were also listed as one of Nigeria's rich kings.

The Oba is also into real estate and hotels with landed properties worth millions at home and abroad.

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