According to Forbes The Olugbo of Ugbo Kingdom, HRM Frederick Obateru Akinruntan is the richest king in Nigeria currently
HRM Frederick Obateru Akinruntan beat the Ooni of Ife, Oba Okunade Sijuade to become the wealthiest monarch in Nigeria.
Forbes has rated Oba Akinruntan to have an estimated net worth of $300million while Oba Okunade Sijuade is placed at $75 million.

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