Nigerian King, Oba Fredrick Obateru Akinruntan is the second richest King in Africa with a net worth of $300 million in 2014.
He is the Olugbo of Ugbo Kingdom in Ondo State.
He is the Founder of Obat Oil, which owns over 50 fuel stations and one of Africa’s largest tank farms with a capacity to store 65 million liters of petroleum products.
He owns real estate properties in the UK and Nigeria.
He has a customised built 2012 Rolls Royce, $1 million wristwatch and 2014 Bentley.
Source: Forbes
