2. Oba Fredrick Akinruntan
Oba Fredrick Akinruntan is the Olugbo of Ugbo land and he is one monarch in Nigeria that has redefined the term ‘style’. He is the wealthiest king in Nigeria according to Forbes with an estimated net worth of $300million.
Oba Akinruntan made his money from the oil business. He is the founder of Obat Oil and is also into real estate as he has exquisite buildings in choice locations in London and across Nigeria.
He possesses an array of luxury cars in his magnificent palace. He made history in 2012 when he emerged the first black person to buy the 2014 model of Bentley which was made solely for Queen Elizabeth of England in the belief that other people would wait till 2014 to ride it.