As indicated by Forbes magazine, Oba Akinruntan and Oba Sijuade were said as one of the 5 wealthiest rulers in Africa.
Forbes magazine as of late recorded them on their rundown of 5 wealthiest rulers in Africa. Oba Akinruntan is appraised to have an expected total assets of $300 million while that of Oba Sijuade is spot at least $75 million.
The Ooni of Ife has business enthusiasm for development, property and oil while Oba Akinruntan is for the most part into oil.
Oba Akinruntan is the originator of Obat Oil and he is said to possess the biggest petroleum terminal in Africa.
Oba Akinruntan began Obat Oil Company in Okitipupa, Ondo State in 1981 with a corner store which was to address the issues of his prompt family and neighboring group.
![obat2](https://i.onthe.io/vllkyt1rq9667o0v98.261227ec.jpg)
His organization likewise has one of the biggest tank cultivates in Africa-a current storeroom that has the ability to store 65 million liters of petroleum items.
Aside the oil and gas business, Oba Akinruntan is likewise into land as he has decision structures in London and crosswise over Nigeria including the point of interest Febson Hotels and Mall in the Central Business District of Abuja
Oba Obateru Akinrutan turned into the Olugbo of Ugbo area, a little oil-rich group in Ondo state in 2009 and that was a prescience works out as expected.
Close to his eye popping colossal riches, the regarded conventional ruler is a man of class, taste and style. He overflows sheer complexity as he has varieties of extravagance autos in his sprawling and heavenly castle.
He left a mark on the world in 2012 when he rose as the first dark individual to purchase the 2014 model of Bentley which was made exclusively for Queen Elizabeth of England in the conviction that other individuals would hold up till 2014 to ride it. Be that as it may, Oba Akinruntan stunned all by purchasing the same form in 2012.
Oba Akinruntan additionally has a custom constructed 2012 Rolls Royce like that of Queen Elizabeth II.
What’s more, pretty much as he has amazed all ashore, he is likewise astonishing individuals on water and this can’t be outlandish. He was brought up in a riverine territory before he turn into a ruler of a riverine region where much sooner than now there was no motorable street. They went by water therefore his adoration for going on water.
Oba Akiruntan is claimed to control probably the most lavish yachts in the nation.
He sits on a business combination with hobbies in petroleum, shipping, development, fishery, tourism and friendliness, consultancy administrations and water sanitization and creation.
Since his development as the lord of Ugbo Kingdom, Oba Akiruntan’s eldest child, Prince Akinfemiwa Akinrutan, has been the overseeing executive of the organization while the ruler expected post of the Chairman of the oil organization.
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