January 13, 2021

Billionaire Akin Olugbade dies of COVID-19 complications


Billionaire Businessman, Bolu Akin Olugbade has died of COVID-19 complications. A source confirmed that the businessman contacted the virus from a party he was recently made Chairman of and died today from its complications at the Paelon Covid Center, Ikeja Lagos. Billionaire Dr Bolu Akin-Olugbade will always be remembered for wearing his modesty on his sleeves and having no apologies about it. Even though he was a certified billionaire, he didn’t like to be called one. As he said in a dated interview, having only $250 million in cash and a few more millions in other currencies should not qualify one for such appellation. Typical of him, but his lifestyle and homes across the world are at variance with such modesty!. Dr Akin-Olugbade, a successful lawyer with a doctorate in Company Law from Cambridge University, and an unabashed lover of high-end Rolls Royce cars were globally reputed as one of the largest collectors of Rolls Royce. He told an interviewer some years back: “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.” His 10th, the 2019 Rolls Royce SUV called the Cullinan was among the first to roll out of the factory in December 2018. His Cullinan was the first to be made for Africa. He was so obsessed with the brand that he had 10 Rolls Royce which has his customized plate numbers- ‘BOLU 1, 2, 3, 4, 5 to 10”.Until his death, he was the chairman of Bolu Akin-Olugbade Limited, and GMT Limited. He was 64 years old and survived by his wife Ladunni and four sons.