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The buyer of the Fender Strat Guiltar that was auctioned for N52million during the 70th birthday celebration of King Sunny Ade’s birthday has been revealed.
The personality of the buyer of the guiltar was unknown which kept people wondering who the person could be. Some thought it was either Alhaji Aliko Dangote or Mr. Femi Otedola.
But to our surprise, the winning bid of N52.1million went to Nigerian mogul, Tunde Folawiyo, the son of late Nigerian businessman, Wahab Folawiyo.
Tunde Folawiyo is Managing Director of the Yinka Folawiyo Group. The organization deals in energy, agriculture, shipping, real estate and engineering.
A conglomerate that was founded by his father, Wahab Folawiyo, Tunde took over the organisation in 2008 when his father passed. He also serves as Director of MTN Nigeria Ltd, Executive Director of Yinka Folawiyo Group of Companies. Tunde also founded Folawiyo Energy Ltd, a subsidiary of the Yinka Folawiyo Group of Companies.
The bid which started with N9million was a very competitive one among the influential audience.
8:17 AM

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