Oba Joseph Olugbenga Oloyede born 1963, known by his royal title Latimogun I, is the 27th Apetumodu of Ipetumodu, a historic town in Ife North Local Government Area of Osun State, Nigeria. He officially became king in November 2019, two years after the passing of his predecessor, Oba James Adedokun Adegoke. Before ascending the throne, Oloyede had built a career as a tax consultant and academic in both Nigeria and the United States.
Joseph Oloyede Profile
| Name | Oba Joseph Olugbenga |
| Real Name | Joseph Olugbenga Oloyede |
| Date of Birth | 1963 |
| Age | 62 years |
| State of Origin | Osun State |
| Tribe | Yoruba |
| Nationality | Nigerian |
| Occupation | Monarch |
| Religion | Christianity |
| Marital Status | Married |
| Net Worth | $5 Million |
| Copied from | contents101.com |
Educational Background
Joseph Oloyede began his early education at Christ Church II and later attended C & S Modern Commercial Secondary School, both in Ipetumodu. He obtained a National Diploma in Accountancy from The Polytechnic, Ibadan.
He furthered his studies with an MBA from Enugu State University of Science and Technology and later earned another MBA from the University of Sarasota, Florida. His academic journey continued with a Doctor of Business Administration (DBA) degree from Argosy University, Sarasota, USA.
Career
Oba Oloyede started his professional career in banking, working with First Bank of Nigeria and John Holt Financial Merchant Bank before relocating to the United States. There, he continued in the finance sector before moving into academics. He lectured at Indiana Wesleyan University and the University of Phoenix, where he rose to the rank of professor. Alongside this, he worked as a tax consultant and business owner.
Controversies
In August 2024, news broke that the Apetumodu was convicted in the United States for his role in a multimillion-dollar COVID-19 loan fraud. A U.S. court sentenced him to 56 months in prison, three years of supervised release, and ordered him to pay back $4.4 million in restitution.
He also forfeited his Ohio home and other assets linked to the scheme. Court documents revealed that Oloyede and an associate submitted false loan applications between 2020 and 2022 under U.S. government COVID-19 relief programmes. He pleaded guilty to conspiracy to commit wire fraud, money laundering, and filing false tax returns.
Joseph Oloyede Social Media Handle
As a traditional ruler, Oba Oloyede keeps a low profile on social media. There are no widely verified accounts linked directly to him.
Personal Life
Oba Oloyede is a dual citizen of Nigeria and the United States. He is married and has a family, though he keeps details about his personal and family life away from the media spotlight.
Joseph Oloyede Net Worth
Joseph Oloyede’s net worth is estimated to be around $5 million.