According to a new report, super wealthy Africans are spending almost £4million on London
property every week as they snap up some of the most exclusive
investments in the capital, this is according to Real Estate agents in the UK.
More than £600million has been spent in London by Africans within the last three years and its on the increase. The wealthy buyers are from Nigeria, Ghana, Congo, Gabon, Cameroon and Senegal, UK Daily Mail reports.
Nigerians are the biggest spenders, with wealthy nationals forking out £250million on London homes in the last three years. A
mixture of traditional reasons combined with increased terrorism and
the outbreak of Ebola is said to be behind the dramatic influx of
African money to the capital.
The
new wave of super-rich includes Aliko Dangote, a Nigerian business
magnate who, with a £16billion fortune, is Africa's wealthiest man.
Folorunsho
Alakija, a billionaire oil tycoon, fashion designer and philanthropist
from Lagos, is also a big investor in the London property market. She
recently bought four apartments in One Hyde Park, the super-exclusive
development in Knightsbridge.
Her
British-born nephew Rotimi Alakija, who also goes by the stage name of
DJ Xclusive, has also invested property in the capital.
It is thought other tycoons have also been eyeing up homes on Kensington Palace Gardens - known as Billionaires' Row.
The wealthy buyers are typically spending between £15million and £25million on each home and are purchasing luxury properties
Source: UK Daily Mail
145 comments:
While many fellow Africans are dying of hunger everyday.
Yes they have the right to spend their money as they wish, but let them remember the poor and the needy.
Then Ebola too
Good for them
See what Tiwa Savage did to a popular Comedian
Pretty wife caught cheating on her husband with the houseboy
Too much money. ..rothsteinwarren@yahoo.com
Hmmmm....gladchinyere@gmail.com
And den say money no dey naija
Omo, I must make am o
Poverty na bastard
Chai!!!!!
Hmmmm....gladchinyere@gmail.com
Hmmmm....gladchinyere@gmail.com
Hmmmm....gladchinyere@gmail.com
Hmmmm....gladchinyere@gmail.com
Hmmmm....gladchinyere@gmail.com
Hmmmm....gladchinyere@gmail.com
Hmmmm....gladchinyere@gmail.com
Linda that is why i say money is good is not a sin but how did the got it an how are the helping the poor in there urban area nigeria get money oooo from freebornzina@yahoo.co.uk
Hmmmm....gladchinyere@gmail.com
and they say no money.@eguonoajibola@yahoo.co.uk
Linda that is why i say money is good is not a sin but how did the got it an how are the helping the poor in there urban area nigeria get money oooo from freebornzina@yahoo.co.uk
Hmmmm....gladchinyere@gmail.com
Wetin dey vex me pass be say, dem get family members 4 Africa were hunger dey kill. Sagekristen@ymail.com
@sagekristen
Hmmmm....gladchinyere@gmail.com
Hmmmm....gladchinyere@gmail.com
Hmmmm....gladchinyere@gmail.com
Hmmmm....gladchinyere@gmail.com
I trust nigerian dey no go carry last for dis kind matter.
Hmmmm...gladchinyere@gmail.com
Well they worked hard 4 d money
Sagekristen@ymail.com
@sagekristen
Bless the work of my bands oh God..money speaking
Naija people have money and they dont knw wat to do with it.
Political money!!!!!e go better......markgodwill@rocketmail.com
gbegudu_jo@yahoo.com we rule the world, Nigerians are stars where ever they find theirselves
Is dj xvlusive an alakija
nice view. Mohammedaudu35@yahoo.com
good for him obahorvictoria@gmail.com
An average white man living in Mayfair , Chelsea etc thinks all Nigerians are rich cos he has plenty if them as neighbours and they are hardly in the UK...#SeunLondon
mohammedaudu35@yahoo.com
Africans!!!we just dy enhance development for developed countries,while africa is underdeveloped!!!!!......markgodwill@rocketmail
Okay now.....eddyosagie001@gmail.com
naija no dey carry last taiyeomotunde@yahoo.com
Isnt this Crazy....Im sure Nigeria would have been a better place without these people spending our money on properties abroad...
It seems we can never be entirely free of this ebola stigma.I hate that...But mehn DJ exclusive shocked me o.Never knew he has Alakija blood in him.
Imagine if that was spent here. gloriafines103@gmail.com
It is well, to have money is good but to have the wisdom to spend it wisely is better. Me sef must get this money.
**ajokeade**
I'm sorry to say this Linda but you also the cause of Africa's problems. You spend your time salivating at houses etc in which the funds used to acquire them cannot bbecleanly traced. Majority of funds of those who acquire these houses are fraudulently attained. Run a search on evon Dangote who was given a $4b pound loan without collateral by the Nigerian banks in the early 80s or 90s. How can he be broke ,would you???
It is well o...that's all i can say
and u think that is a positive thing to be proud of? WA are the dumbest people in the world...invest the money on ebola u fools.
God do intervene!...£600mil...chaii..markgodwill@rocketmail.com
this kind spendings no be salary money ooOooooo....
Africans are rich o, God bless me too o.
poverty kills passion!!! Chaii see moni
Nigerians are rich!
To me dis is vanity,bcuz we are dust and onto dust we shall return,adedolapoadesola@gmail
Well na dia money sha bt com 2 tink of it, dey re suposed 2 use dis money 2 develop our country 2 na by buildin houses 2 na. Wat eva it is i dnt tink it is becuz of ebola....
Money is good no doubt
Wow, very nice property and design.
I save this photos :D hehe.....
money is good if u got flaunt it.
coolemy64@gmail.com
That indoor pool has got me drooling. *sigh*
Their hard earned money, is talking.......
Hmmm dier is God ohhhhhhhh. Money that is more than enough to invest for the betterment of our obodo nigeria ya'll are giving it to countries that couldnt care less. When the shit hit the fan, It will always be WE and THEM no mata d era. With our money & us having their passport, you still be labelled as a Nigerian with a British passport and they will take care of their own before they even think of US FOREIGNERS . Foolish rich people this our nigerians. Nonsense.
Linda,I'd like to believe that you are smart enough to have purchased a home abroad for investment purposes before buying the range rover which as you know is a liability compared with properties that will generate an income.
That's there money they should spend it d way they want it@juicyjennifer45@gmail.com
Speachless, have to increase dis hustle...
Nigerians are the highest spenders!! SWAG!!
God will make me bigger 2
nigerians are wealthy people...if only they can come and spend that money back home,it will help alot
visit my blog
www.glowysofiscated.blogspot.com
Hmmm dier is God ohhhhhhhh. Money that is more than enough to invest for the betterment of our obodo nigeria ya'll are giving it to countries that couldnt care less. When the shit hit the fan, It will always be WE and THEM no mata d era. With our money & us having their passport, you still be labelled as a Nigerian with a British passport and they will take care of their own before they even think of US FOREIGNERS . Foolish rich people this our nigerians. Nonsense.
mtcheew,instead of investing d money here in Nigeia n use it to build such mansions here,mumu people,keep on spending,bad belle people.Goldensarah9@yahoo.com
Money is where it is......hmmmm
visit my blog
www.khadijatolodo.blogspot.com. Click to Visit
Money is good. Let them enjoy. dr.ogechianaele@yahoo.com
It is there time my time is coming as well.
Hmmmmmmmmmmmm
dipdot2002@Gmail.com
OMG! why cant Africa learn..westerners can not put this kind of structures on Africa soil...our people should learn..
I'm one of them but i need this 20k abeg.favouredmoi6@gmail.com.
Good for them, may God help us
na wa
Way to spend money
M.O.D.A.F.U.C.K.A.SSSSSSSSSSSSS!!!!
Money is gud ooooooooooo.
God give me wisdom to create wealth abeg.
They can afford it. Let them spend it.
Money! Money! Money! I will make u,i will marry u,i will chop u,i will vomit u! I will shit u! I will mess u! I will cry u! I will born u! Money oo money! Wait for me!I'll useless u!!!
It's their money, they should spend...I'm right behind them!
God is watching o!
Wealth is good. The one gather through honesty and hardwork though. I will get there.
When will i be like them...spend your money joor!
Money is a beautiful thing
no be beans. ogooakpa@yahoo.com
It's their money, they should spend it however they want...I dey una back
wow. ogooakpa@yahoo.com
We are developing the developed nation. And underdeveloping our under developed country. What a shame. ENGR Emy
They improving other peoples country okesimaa@gmail.com
And they say Nigerians arent rich...sigh
a.k.a EDWIN CHINEDU AZUBUKO said...
.
Making the money here in naija and spending it in the UK, i dey jealous them shah.....
.
.
***CURRENTLY IN JUPITER***
Hmm it is well oo prettycinklassic@gmail.com
Money good o
See Moni,Princeleke48@gmail.com
See moniiii
Money is very good...cuff009@yahoo.com
See moniiii,Princeleke48@gmail.com
Ok seen...cuff009@yahoo.com
Olowo lo maa Kure! Na rich man go die beta!
I hail African,especially Nigerians,we too dey spend for oversea
Fr d wealthy!...gud4dem
SERVES THEM RIGHT. THEY SAY, DEVELOPMENT BEGINS AT HOME BUT 2 AFRICANS IT STARTS 4RM FOREIGN MAN'S LAND. *****QUEENMAYA*****
SERVES THEM RIGHT. THEY SAY, DEVELOPMENT BEGINS AT HOME BUT 2 AFRICANS IT STARTS 4RM FOREIGN MAN'S LAND. *****QUEENMAYA*****
I'd rather hear about development that benefits everybody. The self indulgent rich ain't nothing new.
There is money in this country, only its just in few hands. benotekcomputers@gmail.com
There is money in this country, only its just in few hands. There is God ooo. benotekcomputers@gmail.com
Good for them.#immagold# ogishot84@yahoo.com
na dem sabi
israel.dairo@gmail.com
Naija money,Princeleke48@gmail.com
Talk about mental slavery. Improving the economy of another country to the detriment of our dear nation.
If you lament people go say na poverty.
I ill surely get there...Kashman_002@yahoo.com
What more can u do with money than invest it on buildings, posh buildings. If the money is there let them enjoy it
goodforthem#sad thing is that most of thier relations might be drowning in poverty
lindy love,i nid dat giveaway cash.dis is my email. moon5u@yahoo.com
Too much money.victoriouslilian4@gmail.com
Too much money.victoriouslilian4@gmail.com
Too much money.victoriouslilian4@gmail.com
The other day they said DJ Exclusive was Alakija's son, now nephew...
That's why UK and US can't block flights from Nigeria cos of Ebola, we bring too much money into the country.
Kimmy*****
My time is coming oo!
Chinor2gud@gmail.com
Actually always Thot Dj xclusive was her son.
and people are suffering in Nigeria. God dey!
sakeenah1109@yahoo.com
naija sha, we too dey try.
It is well
The more these people tell us how they made money, the less i tend to believe them.
Maybe i'm the one who's just being pessimistic, but do these people want to say that they made this kind of money only via fashion designing, oil block and cement manufacturing???
No shady deals, no political "support"... hmmm
Some of these "surulere" stories...
hustle hard and money gobna keep chasing you...ken.don10@yahoo.com
Linda, how about buying your own London property? winks winks
Oh God where re u?
Philanthropist ko Philanthropist ni......two richest black persons re frm naija and naija b as b so.
cant go wrong with property in London these days
Wow! Such Luxury. .Baba God abeg do my own oooooooo. ebrighto@yahoo.com
All Vanity
So DJ xclusive is one of the alakija's.. God please bless me.. There is no place for a poor man
nawoo cant all these ppl invest these money in motherless baby homes. God dey sha
its beautiful..buh niger like to waste money sha
Dear Dangote, Alakija, all Billionaires and Zillionaries, Life is good when there is Money and should be spent when its over flowing.
Ejoo, biko sirs/Mas it won't be bad if i can get 5million as investment as to 4million pounds spent on weekly basis.
Thanks.
I know say
Nigerians go dey among, we too like to dey waste money...pedrotoki80@yahoo.com
Linda, u gimme 25k na make I take dey, even tho I neva reach to buy d 25million pounds houses for uk yet. En biko nu.
Obprime@gmail.com
Nawa ooooo wey pple day day suffer.
Will get there someday...jeniesonia6@gmail.com
Too much money
Money is good men...
Hmmmmm,money is talking in the wrong ears
That is the nature of Money. Places that are volatile are good for making quick money. Places that are stable are good for keeping that Money. That is life!
Are you looking for a buisness with up 100% return and almost not capital investment?
While we have abject poverty in Africa SMH
BORN TO SHINE!!!
There is God.. jenniferanthonella@yahoo.com
Its called investment
Thats how they got there in the first place
Beside they worked hard foe their money don't tell them about poor people
U have no idea how much of a burden lazy poor people have already been to them.
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