Tunde Folawiyo is a Nigerian businessman, a philanthropist and a scholar. He is the CEO and Managing Director of Yinka Folawiyo Group of Companies. Tunde is an advocate of African’s imminent growth and has contributed immensely towards philanthropic effort across the continent. He is a Goodwill Ambassador, Honorary citizen of the city of Houston and Honorary Consul of Barbados. His passion for education serves as a driving force in his philanthropic efforts.
Background of Tunde Folawiyo
Tunde Folawiyo was born on the 12th of April, 1960 in Lagos to (Late) Wahab Iyanda Folawiyo. His father was a well-known businessman and Islamic leader in Nigeria. Alhaji Abdulwahab Folawiyo was the founder of Yinka Folawiyo & Sons, the parent company of Yinka Folawiyo Group of Companies.
Tunde started schooling in Nigeria before proceeding to London for his advance learning. He has a Bachelor’s degree in Economics from London School of Economics in 1980 and later obtained a first degree in Law in 1984. Tunde got a Master’s degree in Law from University College London and was called to Bar of England and Wales in 1985.
He married Reni Folawiyo in 1989 and they are blessed with children including Faridah Folawiyo. His wife, Reni is the daughter of top Islamic and influential cleric, Alhaji Adegbite. She is an entrepreneur and founder of ‘Alara’, an African Inspired Concept Store located in Victoria Island, Lagos.
Tunde Folawiyo Net Worth
His net worth as at 2014 was $650 million according to Forbes.
Early Beginnings
Upon completion of his studies, Tunde Folawiyo returned to Nigeria and practiced law briefly. In 1985, he began his law practice with the firm Ogunsanya but resigned from law in 1989.
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