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Nigerian Billionaire Dies of Coronavirus

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Nigerian Billionaire Dies of Coronavirus | Daily Report Nigeria
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One of Nigeria’s billionaires, Bolu Akin-Olugbade is dead, Daily Report Nigeria can confirm.

The 61-year-old businessman died on Wednesday of Coronavirus related complications.

The socialite died at the Paelon COVID Centre, Ikeja, Lagos.

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Until his death, Akin-Olugbade was the Aare Onakakanfo of Owu Kingdom.

He held a doctorate degree in Company Law from the prestigious Cambridge University.

The late Akin-Olugbade was a Rolls Royce lover and was one of the largest collectors around the globe.

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

A man of taste and glamour, Akin-Olugbade told ThisDay in 2018: “I have different concepts of how I spend money.

“I spend money on cars because I have always loved cars. I bought my first Rolls Royce in 1984 and now, I am on my ninth Rolls Royce. I believe in dressing well and I travel a lot.”

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Written by
Tare Magbei -

With more than five years of covering different topics, Tare Magbei is a versatile journalist.

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