Monday, 27 October 2014

DJ Xclusive makees list of wealthy Africans, Spends £4 million a week on London property


Nigeria's DJ Xclusive, billionaires Folorunsho Alakija and Aliko Dangote have been listed among the wealth African buyers, spending almost £4million on London property every week as they look to snap up exclusive investments in the UK.

Different reasons including increased terrorism and the outbreak of Ebola is said to be behind the dramatic influx of African money to the UK capital market.

The new wave of super-rich includes Aliko Dangote, a Nigerian business tycoon who with a £16 billion fortune, is Africa's wealthiest man.

Folorunsho Alakija, a billionaire oil tycoon and fashion designer from Lagos, is also a big investor in the London property market. She recently bought four apartments in One Hyde Park, Knightsbridge.

Her British-born nephew Rotimi Alakija, popularly known as DJ Xclusive, has also invested in property in the capital.

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