By Sunday Adebayo

If you refer to Oba Federick Akinruntan as the richest monarch in Nigeria, you may not be far from the truth. Respected international magazine, FORBES has even supported the claim by listing The Olugbo of Ugbo Kingdom, a riverine area in Ondo state as one of the five richest kings in Africa; that Oba Akinruntan is said to worth over $300million is also not in doubt.

Oba Akinruntan
Oba Akinruntan

The respected traditional ruler has shown that he has class and style stationed in his palace with his luxury brands. It is also a known fact that he is the only African who rode the Bentley that was made for the Queen of England. The 2014 Bentley edition was made in 2012 for the Queen with a strong belief that others will ride it in 2014.

But Oba Akinruntan disagreed and opted to buy the Queens version in 2012. The same way he has dazzled on land, the very rich monarch is dazzling on waters.

Those who know informed us that he has taken delight in living large on the waters. Many times now, we gathered that the monarch sails from his kingdom in Ondo state to his Lekki Phase 1 and at times to his Ikoyi, Lagos residence.

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