British-based Nigerian billionaire business owner, Aare Boluwatife Akin-Olugbade is reportedly dead.
He reportedly died at the age of 64 from complications from COVID-19.
Chief Akin-Olugbade, was a native of Owu kingdom in Ogun State, Chief Akin is described as one of the world’s largest Rolls-Royce collector.
He is so obsessed with the brand that he once had 10 Rolls Royce cars, which were customised with plate numbers – “BOLU 1, 2, 3, 4, 5 and so on”
Akin-Olugbade was one of the largest collectors worldwide.
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.”
Late Owu Chief attended Corona School, Yaba; King’s College, Lagos; London University; University of California (master’s in Law); and Cambridge University where he got his doctorate specializing in Company Law.
His business interests cut across law, property development, construction, manufacturing, logistics, distribution, maritime and offshore services, investment banking, etc.