Connect with us – Proudly Nigerian DIY Motivation & Information Blog

Entertainment News

Photos: Nigeria’s Richest King Obateru Akinruntan Now Owns The Largest Petroleum Depot In Africa

akinruntan largest petrol depot africa

July 25, 2015 – Pictures: Richest Monarch, Royal Father In Nigeria, Oba Frederick Obateru Akinruntan Now Owns The Largest Petroleum Depot In Africa

Nigeria’s wealthiest monarch, the Olugbo of Ugbo Kingdom, HRM Obateru Akinruntan has a deep pocket as well as an influence which transcends the shores of Africa.

Forbes magazine recently listed him as one of the 5 wealthiest monarchs in Africa with an estimated networth of $300 million.

Aside commanding immense wealth, the respected traditional ruler is a man of class and style. He exhibits sheer sophistication as he stations luxury cars in his magnificent palace.

His status as a man of class became undisputable in 2012 when the 2014 edition of Bentley was made for Queen Elizabeth of England in the belief that other people would wait till 2014 to ride it. But Oba Akinruntan shocked all by buying the same version in 2012.

 And just as he has dazzled all on land, he is also dazzling people on water.

Those who should know say he controls some of the most expensive yachts. The billionaire businessman owns the largest petroleum depot ‎in Africa.

He is the founder of Obat Oil.

Continue Reading
You may also like...


  1. Kola Lekki

    July 25, 2015 at 5:02 AM

    Can u take all the gold to heaven, this monarch doesn’t help his people

  2. Bezo

    July 25, 2015 at 3:30 PM

    He is a criminal

  3. p.a salami

    July 25, 2015 at 6:49 PM

    Gd evening listeners writers and readers where does kabiyesi get his wealth and riches, all that is shine & bright is not gold wearing a billion watch that is not the end of life oba should look around his domain millions of people do not have food for the day talk less of having three square meals for their children oba should look backwards and forwards in seeing those who are really in need of daily bread may God help us in Nigeria

  4. T

    July 26, 2015 at 1:11 AM

    God is the king of all kings

  5. chief kola

    July 26, 2015 at 5:00 AM

    I never comment but I don’t see what u are celebrating here . Thank God for his wealth. He is indeed a lover of God things but what had he contributed even to his immediate community? This man is as selfish as they come. It makes me think he is not even as wealthy as he claims. He only had enough for himself. All na bank loan. Don’t celebrate mediocrity and vanity. I am not beefing. It is reality. He has contributed NOTHING. Go to ondo state , even Ilaje local govt na so so shoe off and talk talk. If he has contributed anything I’m sure u would have mentioned in your article

Leave a Reply

Your email address will not be published.

More in Entertainment News




To Top