The Olugbo of Ugboland in Ondo and chairman of Obat Oil, Oba Obateru Akinruntan, who rides the same vehicle as Queen Elizabeth of England, is a diamond freak!
On his love for diamonds, he said “First
and foremost I am very creative and secondly, I emulate the style of our
forefathers, wearing royal beads as an old style. You know these days, if you
want to become a popular and flamboyant king, you have to use diamonds; Diamond
chains, diamond wrist watches, diamond shoes, diamond ring and my muffler is
also made of diamond or gold. And that
will make you unique among other Obas and that doesn’t make you proud. I like
to be the first in everything. I have
the largest oil tank in West Africa today.”
and foremost I am very creative and secondly, I emulate the style of our
forefathers, wearing royal beads as an old style. You know these days, if you
want to become a popular and flamboyant king, you have to use diamonds; Diamond
chains, diamond wrist watches, diamond shoes, diamond ring and my muffler is
also made of diamond or gold. And that
will make you unique among other Obas and that doesn’t make you proud. I like
to be the first in everything. I have
the largest oil tank in West Africa today.”
“I also have a wrist watch that
cost $1 million. I wear expensive wrist watches, shoes and chains all made of
diamond.”
On the diamond palace and royal city project he is working on, he said “I want to transform Ugboland. That is what inspired me to build this World class palace that will,
upon completion, become not only a monument but a tourist attraction. I
want my people to be proud of their kingdom, their heritage and their
monarch. Apart from the palace, there is going to be a complete royal city which
will have a modern, well-equipped state of the art hospital, world class
primary and secondary school as well as a higher institution. There
will be a mini stadium, a five-star hotel, which is known as Febson
Waterside International Hotel.
There will also be royal guest chalets
for my subjects who are living abroad and would want to come home but
who do not have houses in the kingdom. My multi-billion naira palace can
accommodate over 50 families. Hence, it is rated as one of the best in
Africa. It is going to cost well over N15bn to construct and works have
reached an advanced stage on the project at the moment.”
cost $1 million. I wear expensive wrist watches, shoes and chains all made of
diamond.”
On the diamond palace and royal city project he is working on, he said “I want to transform Ugboland. That is what inspired me to build this World class palace that will,
upon completion, become not only a monument but a tourist attraction. I
want my people to be proud of their kingdom, their heritage and their
monarch. Apart from the palace, there is going to be a complete royal city which
will have a modern, well-equipped state of the art hospital, world class
primary and secondary school as well as a higher institution. There
will be a mini stadium, a five-star hotel, which is known as Febson
Waterside International Hotel.
There will also be royal guest chalets
for my subjects who are living abroad and would want to come home but
who do not have houses in the kingdom. My multi-billion naira palace can
accommodate over 50 families. Hence, it is rated as one of the best in
Africa. It is going to cost well over N15bn to construct and works have
reached an advanced stage on the project at the moment.”
On his fleet of cars, he said
“I use
the same type of automobile with the Queen of England, Queen Elizabeth, we use
the same Rolls Royce and Bentley. Asides
that, I have 7 door limousine Mercedes, I want to be the first in everything. The Britons were amazed that an African monarch could do that. I place
order in any car manufacturing company anywhere in the world if I want
to acquire the vehicle of my choice.
I love driving unusual cars, top of
the range. I have driven the Phantom for three years and I concluded
that I deserve to have another car. I made my checks and found the
Bentley. So I went to the manufacturers and asked for it. They asked me
how I wanted it to be customised. They offered to make for me the 2014
edition which will come out in 2013. It is cheering to say that the car
was customized for His Imperial Majesty, the Olugbo of Ugbo Kingdom. If
anyone buys the car today, I will buy another one. I love to be the best
in everything I do.
the range. I have driven the Phantom for three years and I concluded
that I deserve to have another car. I made my checks and found the
Bentley. So I went to the manufacturers and asked for it. They asked me
how I wanted it to be customised. They offered to make for me the 2014
edition which will come out in 2013. It is cheering to say that the car
was customized for His Imperial Majesty, the Olugbo of Ugbo Kingdom. If
anyone buys the car today, I will buy another one. I love to be the best
in everything I do.
Aside that I am a car freak and what I wear with the way I dress, my shoe, my royal diamond cap, wrist watches, diamond ring, and my diamond Mofila is the new thing I have added to it now. I do my shopping in London Jeweller, a special store for top ranking
personalities of the world.” He said.
The billionaire who described
himself as a “stylish king” said all these in a recent interview with City People
magazine and PUNCH.
personalities of the world.” He said.
The billionaire who described
himself as a “stylish king” said all these in a recent interview with City People
magazine and PUNCH.