Olugbo of Ugboland, Oba Frederick Akinruntan in Joyous Mood
If you cherish royalty and the grace of being a king, you will surely appreciate why His Imperial Majesty, Oba Frederick Enitiolorunda Obateru Akinruntan, the Olugbo of Ugboland, Ilaje, Ondo State, loves to celebrate the ascension of his forefathers’ throne and the grace of God in his life.
It was gathered that the billionaire monarch is planning big to mark his eighth anniversary on the throne next week.
Consequently, the entire Ugboland is said to be agog, literally rising and tumbling in joy over the coming event.
It was also gathered that some of his friends and even family members would be placing congratulatory messages in the print and electronic media to celebrate him.
Since he became the Olugbo of Ugboland, he has put the name of the riverine community on the world map with a number of projects such as the eyepopping palace.
In 2014, the flamboyant and colourful traditional ruler was ranked by the Forbes magazine as the second richest king in Africa and the richest in Nigeria. He has a custom built 2012 Rolls Royce similar to that of Queen Elizabeth II.
Aside from this oil and gas business, Oba Akinruntan is also into real estate. He has choice buildings in London and across Nigeria, including the prestigious Febson Hotels and Mall in the Central Business District of Abuja.
The stylish monarch, who sits atop a business conglomerate with interests in petroleum, shipping, construction, fishery, tourism and hospitality, consultancy services and water purification and production, owns one of the most expensive yachts in the country.