According to family sources, Akin-Olugbade fell ill after returning from a wedding ceremony where he had served as chairman of the reception on December 26, 2021 and was rushed to Paelon Memorial Hospital, Ikeja.
He was reportedly discharged last week but was however rushed to one of the isolation centers in Lagos last weekend when Akin-Olugbade fell ill again and eventually bowed to death on Wednesday, January 13,2021.
Akin-Olugbade was born on April 2, 1956 to the family of late Babatunde Akin-Olugbade, Balogun of Owu and a wealthy businessman 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, among others.
A native of Owu kingdom and the Are Onakankanfo of Owu in Ogun state, late Akin-Olugbade was described as one of the world’s biggest Rolls-Royce collector. 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… with his 10th Rolls Royce, the Cullinan worth $450,000, reportedly the first to be shipped into Africa in year 2019.
His marriage to Ladun, his wife of 40 years was blessed with children and grandchildren.