Akin Alabi Biography and Net Worth

Akin Alabi net worth

Despite not being very much of a public figure, there’s a very high chance that you have come across on of his enterprise.

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Oloye Akin Alabi commonly known as Otunba Akin Alabi is a wealthy entrepreneur and the founder of Nigeria’s first sport book marking company, Nairabet. He is a politician and philanthropist.

Oloye is also a written and have written a significant book Small Business Enterprise, which helps small businesses navigate their course. In this article we let you into the details about his net worth and biography.

Oloye Akin Alabi Profile

Full Name: Oloye Akin Alabi
Age: 43
Nationality: Nigerian
State of Origin: Oyo State
State of Residence: Oyo State
Marital Status: Married
Occupation: Businessman, Writer and a Politician.

Oloye Akin Alabi Age

Oloye Akin was born on the 31st of March 1977 in Oyo state located at the western region of Nigeria. He was born into the Royal family of Chief Adediran Alabi.

Oloye Akin spent his childhood days in the beautiful city of Ibadan. He was taught all he needed to know about life by his parents.

Oloye Akin Alabi Education

The Yoruba(s) are always known for their love of education both formal and informal. Oloye Akin Alabi was enrolled in Command Children School, Ibadan where he completed his primary school education.

After completing his primary education, Akin Alabi went to a Federal unity college in Enugu state located at the eastern region of Nigeria. He obtained his high school certificate from the Federal Government College Enugu.

Akin Alabi decided to go back to the west, where he obtained an admission at a Polytechnic in Ibadan where he obtained a Higher National Diploma in Business Administration.

Akin Alabi furthered his post graduate studies at the University of Liverpool, United Kingdom and obtained Masters of Science (Msc) degree in Marketing.

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Akin also attended Havard University in Boston and obtained a certificate in Intellectual Property Strategy. All his education lines were carefully chosen to fit his business path.

Oloye Akin Alabi Career

Akin Alabi set up his business career path by writing manuals and selling books together with other information items. Alabi took a step further as launched his own seminar and training company. His company mission is to teach and consult for youths who are planning of setting up their own small scale businesses.

Alabi stirred his gear to publishing of business opportunities in newspaper called INCOME and also another newspaper that gives report on weekly sport news.

Alabi is the brain and founder of Nairabet, Nigeria’s first online betting website, he indeed practices what he teaches. Alabi got his ideas from UK betting shops and duplicate what he learnt in Nigeria.

Alabi’s betting business has expanded across prominent states and cities in Nigeria earning him a successful reputation, thus bringing him into the spotlight. Akin Alabi is also entertainment sector. He set up a website, Nightlife.NG, which is in charge of reports on nightlife industry in Nigeria.

Akin Alabi is a philanthropist. He has a foundation called Akin Alabi Foundation a NGO whose goal is to support and help build an average Nigerian. His foundation also assists in building of classrooms, creation of borne whole water in areas of water scarcity.

Akin foundation also empowers widows and trains youth in act and skills of running a business. His free training for youths are held yearly at Eko Hotels and Suites, Lagos State. Akin being a businessman is also passionate about politics. He is a member of the ruling All Progressives Congress a.k.a APC.

Under this party he won the House of Representatives membership for Egbeda/Ona Ara Federal Constituency in March 2019. On the 5th of Dec 2016, Akin Alabi was appointed as the Mogaji (Head) of Ajiwogbo compound in his hometown by the Olubadan of Ibadan, HRH Saliu Adetunji.

Akin also presides over Information Marketers of Nigeria Association as the Vice President. He is also the head of the National Bookmakers Association.

Akin has contributed back to the society via his philanthropic works, his works earned him a chieftain title as the Otunba Atunlushe of Igbole Ekiti by the Olugbole of Igbole Ekiti, HRM Oba Emmanuel O. Ajayi Adetiloye II.

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Oloye Akin Alabi Relationship

Akin Alabi is married to Damilare, an information marketer. Their union is blessed with beautiful children.

Oloye Akin Alabi Achievement

Oloye Akin achievement can be found in the lives of people he has touched, starting from the widows, school children, communities and youth.


Oloye Akin Alabi is the first Nigerian to set up an online sport book marking company. Oloye Akin has received many recognitions due to works like the Otunba Atunlushe of Igbole Ekiti and Mogaji (Head) of Ajiwogbo compound.

Oloye Akin Alabi Net Worth

Oloye Akin is very successful and he draws his wealth from various sources of income. His wealth is estimated to be about 75 million US dollars.

Akin Alabi net worth
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