Chief Bode Akindele was one of the oldest Nigerian business magnates and genuine billionaires. The notable business man dies on the 29th of June, 2020 aged 88. Who was he? Apart from being a longtime successful business magnate, he was also known as the Parakoyi of Ibadanland. His vast wealth and successful empire are known across Africa, Europe and America, as well as his philanthropic and generous nature. His mother late Alhaja Rabiatu Adedigba was a well-known wealthy and successful trader and opinion leader in the ancient city of Ibadan, who set Chief Akindele on the path of success being raised by a strong and successful woman before she passed in 1976.
Chief Akindele made his first major venture into business about 25 years ago in Sweden where he bought a Swedish match manufacturing company which he later shut down and gained full control of the match world market, making him the controller of over one-third of the world match market being one of his top 3 achievements today. He owned one of the biggest indigenous conglomerates in Nigeria known as Modondola Group of companies which operates across various sectors such as manufacturing, real estate, maritime, and agriculture, making it among the list of his top biggest achievements.
Chief Akindele also owned Fairegate Group a top international company worth billions of pound sterling, dealing in real estate and property and headquartered in Bond Street, London in the United Kingdom. The company owns several properties across the country currently being rented by some of UK’s foremost retail stores such as Asda Wall Mart and Sainsbury. Apart from the large Fairgate properties empire which makes the third on the list of his top 3 achievements, he also owns personal properties across the UK and substantial investments in the property market and top blue chip companies in the United States.
The billionaire business magnate who hailed from Ibadanland in Oyo state Nigeria was worth an estimated $1.2 billion and stood as one of Nigeria’s foremost respected billionaires and richest men of all time.
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