Posted on: 01:36 Mon, 27 Oct 2014


According to a new report on DailyMail, Nigeria’s DJ
Xclusive is among wealthy African buyers spending almost
£4million on London property every week.

You recall that Business Insider had sometime ago also listed
DJ Xclusive as one of World’s Hottest Billionaire Offspring”.
Read their report below.
Wealthy African buyers are spending almost £4million on
London property every week as they look to snap up
exclusive investments in the UK, it has emerged. 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.

Beauchamp Estates, which sells some of London’s most
expensive homes, today released a report on African buyers
in the capital. The upmarket estate agency said the buyers
are coming from six countries – Nigeria, Ghana, Congo,
Gabon, Cameroon and Senegal. Nigerians are the biggest
spenders, with wealthy nationals forking out £250million on London homes in the last three years.

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.