Background
He was born in Lagos to Pa Tijani, a wealthy local merchant, during the British colonial era.
He was born in Lagos to Pa Tijani, a wealthy local merchant, during the British colonial era.
He attended the University of North London in 1951, where he read Management, specialising in Ship Brokerage.
In 1957, he founded Yinka Folawiyo & Sons, which has become the parent company of the Yinka Folawiyo Group of Companies. He returned to start Yinka Folawiyo & Sons, an import and export business. He funded the establishment and construction of mosques throughout the country, including both the Lagos Central and Surulere Central mosques in Lagos and the Sultan Bello Mosque in Kaduna.
He also funded the Bab Es Salam Home for orphans in Lagos.
In sports, he was the sole philanthropist of the Yinka Folawiyo U 15 Athletics Championships and the National Amateur Wrestling Championships. In education, he endowed the professorial chair in Physics at the University of Lagos, and contributed to virus research at the University of Ibadan.
Folawiyo, in June 1998, also became the first private individual to put together a physical structure at the University of Lagos when he upgraded the University"s Health Centre to a full-fledged hospital complete with an X-ray Unit. He died in the early hours of June 8, 2008, at his residence in Queens Drive, Ikoyi, Lagos, at the age of 79 surrounded by his family.
He was to have celebrated his 80th birthday on June 16.
Folawiyo was also the first African-descended Principal Member of the Baltic Exchange in London. Former members of government rushed to the mosque to pay respects, including former president Olusegun Obasanjo and former vice-president Atiku Abubakar, while state governors sent their condolences.