Akin Alabi Net Worth, Age, Wife, Business, Nairabet And Political Career


This article features Akin Alabi’s net worth, biography, business, wife and political career.

You will discover why the name Oloye Akin Alabi is one of the most searched names on Google and other search engines in Nigeria.

Who Is Akin Alabi?

Oloye Akin Alabi is a Nigerian politician, entrepreneur, author and philanthropist. He is the author of the business and marketing book, Small Business Big Money and also the founder of NairaBET.com, Nigeria’s first sports bookmaking company. He has ventured into many businesses and has authored series of business books.

Early Life

Akin Alabi was born in Ibadan, Ọyọ State, Nigeria, he is the last child of Chief and Chief (Mrs) Adediran Alabi, Akin attended Command Children School, Ibadan for his primary school education and Federal Government College Enugu for his secondary school education.

He further went to the Polytechnic at Ibadan where he obtained a Higher National Diploma in Business Administration. He holds a Masters in Marketing from the University of Liverpool, United Kingdom.

He also holds a certificate in Intellectual Property Strategy from Harvard University, Boston, United States.

Business Career

Akin Alabi started with writing and selling of books in 2003. He then went further to launch his own seminar and training company specializing in teaching and consulting for other young people starting their own small businesses.

He also started publishing a business opportunity newspaper titled “income” (now rested). To add to his publishing enterprise, Akin launched a weekly sports newspaper titled World Soccer News.

Akin Alabi built Nigeria’s first online sports betting portal from the scratch. He got the idea from United Kingdom, where he visited a sports betting shop. Nairabet.com has its headquarters in Lagos with its nationwide operation regulated by the National Lottery Regulatory Commission.

Akin Alabi is also involved in the Nigerian entertainment industry. He is the founder of Nightlife.NG, an online portal that showcases and reports the nightlife industry in Nigeria.

Political Career

Akin Alabi is a member of the ruling party APC. He was once a member of the People’s Democratic Party (PDP). He declared his intention to contest for a seat in Nigeria’s Federal House of Representatives.

In order to focus on his political career, he stepped down as the CEO of Nairabet On the 5th of October 2018, He emerged the All Progressive Congress House of Representatives Candidate for the Egbeda/Ona Ara Federal constituency in Oyo State for the 2019 general elections.

Marital Life

Akin Alabi is married to his beautiful wife named Damilare Alabi, she is also an information marketer and they are blessed with children.

Net Worth

According to wealthresult.com, Akin’s net worth is estimated to be $75 Million.  He is one of the five richest internet entrepreneurs in Nigeria.

In Conclusion

Besides NairaBET, Alabi owns a small football club, has a book-writing business, he is into digital marketing, business coaching and seminars, and has also contested for a seat in parliament in the 2019 Nigerian elections.

The great entrepreneur likes to spend his days identifying specific problems in the market and providing solutions to address them.

Akin Alabi’s net worth puts his name on the list of the richest and most influential young people in Nigeria at the moment.

I hope you find this information useful, if yes, please feel free to share.

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