Meet The Richest King In Nigeria 2017 (photo)

Are you wondering who the richest king in
Nigeria 2017 is, then read on. It is no surprise
that these powerful monarchs in Nigeria have
undiluted wealth as they have businesses and
investments scattered home and abroad.

According to Forbes rating, the current richest
king in Nigeria is The Olugbo of Ugbo
Kingdom,HRM Frederick Obateru Akinruntan. It
will shock most people as to why the 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
Nigeria.

Although, the likes of the Ooni of Ife and the
Alaafin were included in the list of wealthiest
monarchs in Africa, with Oba Akinruntan rated
to have an estimated net worth of $300 million
while Oba Sijuade 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.

Why Oba Akinruntan is the Richest
King in Nigeria 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, Oba Akinruntan is 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.

These are the investments that makes Oba
Akiruntan the richest king in Nigeria 2017 with
an estimated net worth of $300 million

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