DJ Xclusive and these Nigerians spend £250 million on homes! Meet the biggest spenders in the ‘London Property Market’ (photos)

by Anike Jacobs

Billionaires Folorunsho Alakija, Aliko Dangote, DJ Xclusive (Rotimi Alakija, Mrs Alakija’s nephew) and other businessmen, oil tycoons & politicians Nigerians have been listed as the biggest spenders in the prime London property market – as a matter of fact, Mrs. Alakija allegedly owns 5 apartments at the exclusive One Hyde Park apartments,  worth £81 Million!

In a new report by Daily Mail, these wealthy African buyers spend almost £4million on London property every week.

alakija

These super rich Africans allegedly invest their expansive wealth in prime London property for reasons such as cultural ties to London, general safety and education for their children added to this is the threat of Ebola and terrorism.

Most of the buyers are from Nigeria, Ghana, Congo, Gabon, Cameroon and Senegal, with Nigeria taking the lead!

According to the report 80 per cent of the super rich spend between £15million to £25million on a residential property, while ten per cent spend more than £30million.

If they are not buying, they are renting luxury pads for up to £15,000-per-week and staying for between six weeks and three months per year.

The is despite the salary of the average Nigerian being £850 a year….oh well!

See some photos of the assets below:

photo credit: Dailymail

 

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