N396/N400 (updated 24.3.17:close)
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Monday, 12 December 2016

Nigerian billionaire Tunde Folawiyo is a son of late businessman, Wahab Folawiyo. He purchased the iconic guitar of Juju Music king, Sunny Ade, during an auction at his 70th birthday celebration last Sunday night.
It was a hard-fought auction that started all the way from 9 million naira and nearly ended at 50 million before Tunde bid a whopping 52.1 million naira for the priced guitar which was given to Sunny Ade by music instruments maker Fender decades ago.

According to Forbes, Tunde, the managing director of Yinka Folawiyo Group, has an estimated net worth of $650 million.
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