For the Olugbo of Ugboland and founder of Obat Oil, Oba Fredrick Obateru Akinruntan, the month of July would be one that he would remember for a long time to come.
And that’s not just because he joined the league of septuagenarians on July 16, 2020, but because the month is unique to him and his children.
This is because, three of his children were also born in July. Prince Akinfemiwa, who is the managing director of Obat Oil was born on July 16, while Prince Kingston and Princess Funmilayo were born on July 18 and 19, respectively. Although the birthday was marked without fanfare, the flamboyant king was well celebrated by his family, friends and subjects, even as they recounted his good deeds.
Oba Akinruntan’s business interests cut across real estate, shipping, construction, fishery, tourism and hospitality, among others. He is also believed to own one of the most expensive yachts in the country. In 2014, the stylish monarch was ranked by Forbes Magazine as the second richest King in Africa and the richest in Nigeria. Known for his love for choice automobiles, he has a custom built 2012 Rolls Royce similar to that of the Queen of England, Elizabeth II.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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