News

Billionaire Businessman, Bolu Akin-Olugbade Dies Of COVID-19 Complications

UK-based Nigerian billionaire businessman, Aare Boluwatife Akin-Olugbade, has reportedly died of COVID-19 complications at the age of 64.

According to reports, family sources said that the socialite died on Wednesday at an highbrow treatment Centre, Paelon Covid Center, in Ikeja, Lagos State.

Late Akin-Olugbade was described as one of the world’s biggest Rolls-Royce collector. He owned 10 Rolls Royce cars which has his customized plate numbers- “BOLU 1, 2, 3, 4, 5…”

His 10th Rolls Royce, the Cullinan worth over $450,000, was reportedly the first shipped to Africa in 2019.

The deceased, who holds the title of the Are Ona Kakanfo of Owu Kingdom, was a lawyer and his business interest include property development, construction, manufacturing, logistics, distribution, maritime and offshore services and investment banking.

Akin-Olugbade attended Corona School, King’s College, Lagos and London University. He had his master’s degree in law at University of California and obtained his doctorate degree in company law at Cambridge University.

His death is coming just two days after a former Edo State Commissioner for Establishment, Labour and Special Duties, Comrade Didi Adodo, dead of COVID-19.

Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

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