COVID-19 claims Nigerian billionaire Bolu Akin-Olugbade

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Nigerian billionaire, Dr (Prince) Bolu Akin-Olugbade has died of COVID-19 complications.

He reportedly lost the battle for life at the Paelon COVID Centre, Ikeja, Lagos on Wednesday.

Akin-Olugbade was born on April 2, 1956.

He was an alumnus of Corona School, King’s College, Lagos and London University.

The son of late multimillionaire and Balogun of Owu, Babatunde Akin-OlugbadeBalogun, Bolu until his death held the title of Aare Ona Kakanfo of Owu Kingdom.

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He held business interests in varied sectors of the economy, including property development, construction, manufacturing, logistics, distribution, maritime and offshore services and investment banking.

At a point, he was a law lecturer at the prestigious Cambridge University, United Kingdom, where he obtained a doctorate degree in Company Law.

A lover of the opulent lifestyle, he was one of the largest collectors of Rolls Royce vehicles in the world. He confirmed buying 10 Rolls Royce vehicles, with his tenth, the Cullinan worth $450,000, being the first of its kind shipped to Africa.

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