Photos: See How Africans Spend Money In London - Welcome To 9jarealgist | #1 Entertainment Blog Welcome To 9jarealgist | #1 Entertainment Blog: Photos: See How Africans Spend Money In London


Featured Featured
How To Use Your Android Device as Keyboard and Mouse
Sharing of Apk Files on Whatsapp Made Easier
9mobile Special Data, Get 1GB Data for N200 and 5GB for N1000
New Method To Activate MTN 100% Double Data Bonus Via IMEI Tweaking

Monday, 27 October 2014

Photos: See How Africans Spend Money In London

Never knew Africans can be so rich to the extent of spending a whopping Sum of money (£4million) on properties in London. Well money they say is "meant to be spent".
I was reading through Daily Mail reports when I saw this story about Africans Spending £4million on properties in London and then I decided to share with You guys...

According to the report, 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

Copy the link below and Share with your Friends:

Download Our Official Android App on Google Playstore HERE
Download from another source HERE

No comments:

Post a Comment

9jarealgist Loves To Hear From You...So Please Do Well To Say Your Views On Our Posts..

Take Note: Comments and Opinions Expressed Here Are For The Comment Writers Only And Doesn't Represent Our Views.
Thanks and Comment Wisely

For News / Tip Off