Akinruntan bonds with children
It is not in dispute that the Olugbo of Ugbo Kingdom, Oba Fredrick Obateru Akinruntan, is one of the richest monarchs in Africa and arguably the most stylish of them all. Oba Akinruntan is the Chairman of Obat Oil and Gas Company. Before he ascended the throne some years ago, he enjoyed the reputation of a successful businessman who from next to nothing established a company that has become a major player in the country’s competitive oil industry.
Oba Akinruntan no doubt has a passion for luxury cars. In his garage are exotic cars that range from Rolls Royce to Escalade. Yet his love for style and the good things of life is nothing compared to the love he has for his children. Before now, there had been reports that he was not in good terms with his first son, Prince Yomi Akinruntan. But that now belongs to the realm of history as all is well within the royal family. Determined to give his children the good life, he has placed them in top positions in his companies in Lagos and Abuja.