News Flash: Renowned business tycoon, Prince Bolu Akin-Olugbade is dead.

Exclusive Details of How He Fell Ill After Chairing A Wedding reception


Renowned business tycoon, Prince Bolu Akin-Olugbade is dead. 

He was aged 64. 

Akin-Olugbade, the Aare Ona Kakanfo of Owu Kingdom, died today, Wednesday, January 13, 2021, after a brief illness.

Although, the cause of his death is yet to be disclosed, sources close to the family hinted that the late billionaire died of complications from COVID-19.

The ELITES exclusively gathered that Akin-Olugbade fell ill, after returning from a wedding ceremony on December 26, where he had served as chairman of the reception. 

He was rushed to Paelon Memorial Hospital, Ikeja. He was reportedly discharged last week. However by last weekend, he was rushed to one of the isolation centers in Lagos. 

Akin-Olugbade was a successful lawyer with a doctorate in Company Law from Cambridge University. He was an unabashed lover of high-end Rolls Royce cars, and was globally reputed as one of the largest collectors of Rolls Royce. 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…”

Akin-Olugbade 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 specialising in Company Law. His business interests cut across law, property development, construction, manufacturing, logistics, distribution, maritime and offshore services, investment banking, among others. 

His marriage to Ladun, his wife of 40 years was blessed with children and grandchildren. 


The Elite

By Adeola Shittu

Adeola Shittu is a journalist, media professional and Publisher and Editor-in-Chief of Event Diary Lifestyle, a Nigerian media platform dedicated to telling compelling stories across business, lifestyle, entertainment, culture, events and community development. With well over 15 years of experience spanning broadcasting, print journalism, digital publishing and event coverage, she is committed to celebrating outstanding personalities, highlighting impactful initiatives and sharing stories that inspire positive change across Nigeria and beyond. Read More

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