Rolls-Royce Phantom 8 Worth N500 Million Owned By Otunba Subomi Balogun Spotted At His Funeral Service

Rolls-Royce worth N500 Million owned by late Otunba Subomi Balogun spotted at his funeral service on Saturday. 

Subomi Balogun, the founder of First City Monument Bank (FCMB), passed away in London on May 19th at the age of 89.

He was known to be a lover of Rolls-Royce luxury cars, a passion that saw him own more than ten. 

In addition to the Phantom 8, he has also been spotted in his 1st-gen Rolls-Royce Phantom 7 and the 2nd-gen Phantom 7.

Eminent Nigerians were in attendance at the funeral service of late Otunba Micheal Olasubomi (Subomi) Balogun held at The Cathedral Church Of Our Saviour, Italawajoda, Ijebu-Ode in Ogun State, on Saturday, 08 July 2023.

Dignitaries at the funeral service includes the Vice President Kashim Shettima, Governor Dapo Abiodun and Governor Babajide Sanwo-Olu, Gen. Yakubu Gowon, and former Governor of Ogun State, Sen. Gbenga Daniel.

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Otunba Subomi Balogun, the Asiwaju of Ijebu Christians, a philanthropist and the founder of First City Monument Bank (FCMB), reportedly passed away in London on Friday May 19th at the age of 89.

Footage shared shows a white Rolls-Royce Phantom 8 sedan making its way towards the venue of the funeral service. Though, Autojosh can’t see or say who the occupants of the vehicle are, the luxury car is one of several Rolls-Royces owned by the silent billionaire.

Until his death, Subomi Balogun was known to be a lover of Rolls-Royce cars, a passion that saw him own more than ten of the British-made hand-built cars both at his home in Nigeria and abroad.

The Rolls-Royce Phantom 8 limousine spotted at the event is worth over N500 Million. In addition to the Phantom 8, Subomi has also been spotted in his 1st-gen Rolls-Royce Phantom 7 and the 2nd-gen Phantom 7 on many occasions.

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