Age, Biography and Wiki

Adeola Odutola was born on 16 June, 1902 in Ijebu-Ode, is a Nigerian businessman. Discover Adeola Odutola's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 92 years old?

Popular As N/A
Occupation Businessman
Age 92 years old
Zodiac Sign Gemini
Born 16 June, 1902
Birthday 16 June
Birthplace Ijebu-Ode
Date of death 13 April, 1995
Died Place N/A
Nationality Niger

We recommend you to check the complete list of Famous People born on 16 June. He is a member of famous businessman with the age 92 years old group.

Adeola Odutola Height, Weight & Measurements

At 92 years old, Adeola Odutola height not available right now. We will update Adeola Odutola's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Omoba Sanni Odutola Seyindemi
Wife Not Available
Sibling Not Available
Children Not Available

Adeola Odutola Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Adeola Odutola worth at the age of 92 years old? Adeola Odutola’s income source is mostly from being a successful businessman. He is from Niger. We have estimated Adeola Odutola's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1902

Chief Timothy Adeola Odutola (16 June 1902 – 13 April 1995), OBE, CFR, CON, was a prominent Nigerian businessman from Ijebu-Ode, Ogun State.

He was one of the pioneers of modern Nigerian indigenous entrepreneurship and the first president of the Manufacturers Association of Nigeria.

He attended Ijebu Ode Grammar School, under the principal, the Rev. Israel Oludotun Ransome-Kuti.

Adeola Odutola was born in Ijebu-Ode, a community, which earlier had a fructifying gateway to the port of Lagos.

However, the coming of colonialists had clipped the sovereignty of the Ijebu's and their right over the Lagos transit.

It was during the latter period that he was born to the family of an Ijebu produce trader.

He attended St Saviour's School, Italupe but he left at the age of fifteen after the death of his father.

He was transferred to Ile-Ife by his family to ease his mother's burden but he later returned to Ijebu Ode to re-unite with his family and try to complete his secondary education.

He then registered and attended the Ijebu Ode Grammar school for four years.

After cutting short his secondary education, he left for Lagos to fend for himself.

He became a clerk in various departments of the Lagos Colony and later, in the Ijebu Native Administration.

1921

He occupied his spare time by engaging in private trading from 1921-1932.

1932

In 1932, he resigned his positioning as a court clerk and entered private enterprise.

He soon opened damask stores and fish stalls at various cities in western Nigeria, such as Ife, Ibadan, Ilesha and Lagos.

After, his subtle beginnings as a fishing net and damask trader, he entered the Cocoa and Palm trading business and started buying lorries to transport the produce to Lagos for export.

He built two large commodity storage stores during this period, one was located at Ijebu Ode, he was also involved in the business and political community as a member of the Produce Buyers Union and the Nigerian Youth Movement.

However, the establishment of marketing boards, and the subsequent power of the boards to regulate Cocoa and Palm oil trading proved to be an inhibiting factor to private entrepreneurship in the commodity produce business.

Odutola, gradually, transferred his resources and energy to saw milling and gold mining at Ilesha.

He also became a major agent for John Holt Nigeria.

1967

At the beginning of the drive towards industrialisation in Nigeria, Odutola extended his industrial prowess to the production of rubber goods and started the manufacturing of cycle tyres and tubes in 1967.

Throughout his career, he established various factories in the country, spanning, the transport and food industry, he also built a secondary school at Ijebu-Ode.

He was a member and later president of the Nigerian Stock Exchange and the Manufacturers Association of Nigeria in the early 70s.