Wednesday, 7 June 2017

Forbes reveals the richest king in Nigeria

Forbes reveals the richest king in Nigeria

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.

For More:Visit Us at Uju Ayalogu's Blog

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.

For More:Visit Us at Uju Ayalogu's Blog

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.

Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music and Submit your story  on Ujuayalogusblog.com by clicking here. For Advert Inquiries Tel/+44(0)7590363984 Subscribe to Ujuayalogusblog.com News!

ALL RIGHTS RESERVED. 2015-2017 @ Uju Ayalogu's Blog NIGERIAN NEWS
For More:Visit Us at Uju Ayalogu's Blog

Share:

No comments :