Bolu Akin-Olugbade, Nigeria’s billionaire has succumbed to Covid-19. The businessman, 61, passed away on Wednesday 13th January, 2021 at the Paelon COVID Centre, Ikeja, Lagos.
The Lead Express gathered that he was the first person in Africa to receive the $450,000 Rolls Royce Cullinan in 2019. In his own words in 2018 during an interview with ThisDay, he stated, “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.”
Until his death, Akin-Olugbade was the Owu Kingdom’s Aare Onakakanfo. He received a PhD in Business Law from Cambridge University. A Rolls Royce enthusiast, Akin-Olugbade was one of the world’s biggest collectors.