Who is Subomi Balogun?
Otunba Olasubomi Balogun is a Nigerian billionaire and the founder of the First City Monument Bank. He studied at Igbobi College and London School of Economics where he met Yakubu Gowon.
Subomi Balogun used to join Ministry of Justice, being a Crown Counsel. In 1966, he moved to Nigerian Industrial Development Bank and found his special interest in this field. In 1979, he set up First City Merchant Bank.
There's no official report on Subomi Balogun's net worth at the moment but the figure should not be less than $700 million.
Subomi Balogun Rolls-Royce
Just recently, Naijauto saw this billionaire arrived in his bespoke Rolls-Royce Phantom for the Ojude Oba festival.
Otunba Subomi Balogun is one of the few quiet billionaires in Nigeria that few people know about
The Olori-Omoba of Ijebu and Asiwaju of Ijebu Christians is reported to have not less than eleven Rolls-Royce products in his luxury garage, which include a Rolls-Royce Phantom for the 2014 model year. He is among the wealthy Nigerians who don’t make noise about their super expensive lifestyle.
>>> Why do billionaires love Rolls Royce cars? Could be because of this: Luxury Rolls-Royce cars & how they are made
What a grand way to attend a traditional festival in a privately owned bespoke Rolls Royce Phantom
The 2019 festival edition was sponsored by Globacom, and was held 2 days after the celebration of Eid-el-Kabir festival. Several dignitaries were in attendance, amongst them Otunba Gbenga Daniel, former Governor of Ogun State, Oba Lamidi Adeyemi, Alaafin of Oyo and Kensington Adebutu, Lotto tycoon and popularly known as ‘Baba Ijebu’.
A birthday cake in the shape of Rolls-Royce, how cool!
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