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DJ Xclusive, Aliko Dangote & Folorunsho Alakija Named Among Wealthy Africans Who Spend Almost £4 Million on London Property Every Week

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DJ Xclusive's New Photos - June 2014 - BellaNaija.com 010011Dailymail.co.uk is reporting that some Africans – especially from Nigeria, Cameroon, Ghana, Congo, Gabon and Senegal – are wealthy enough to spend almost £4 Million on London Property every week.

According to their website, the recent outbreak of the Ebola Virus as well as the continuous attacks from insurgent group Boko Haram has led to an increase in the property sales to a lot of wealthy Africans.

Nigerians are especially examined in the review with Dailymail stating 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. It is thought other tycoons have also been eyeing up homes on Kensington Palace Gardens – known as Billionaires’ Row.”

One of the people who spoke to Dailymail, Gary Hersham, managing director of Beauchamp Estates, revealed he has had three super-rich Nigerians enquiring about homes in the past week alone.

This is despite the average person in Nigeria earning just £850 per year.

Do you think Dailymail’s assessment is right?

Earlier in the year, Business Insider also listed DJ Xclusive as one of the “World’s Hottest Billionaire Offspring” (click here if you missed it). Then he was listed as Folorunsho Alakija’s son and this time he is listed as Folorunsho Alakija’s nephew.

Is this another case of mistaken identity for DJ Xclusive?

Credit: UK Dailymail

Adesola is the BellaNaija Head of Content and Digital Ventures. She is a BN stan.. Yes, things are that serious for her when it comes to BellaNaija.com. She's a lover of gist, novels, music, and food. She's constantly trying not to take life for granted. She spends most of her time either keeping up with the world on the Internet or sharing some acquired knowledge about digital media. She is passionate about using her voice to speak against injustice, especially towards women. To communicate with her directly, you can hit her up on: Instagram - @adesola.au Twitter - @Adesola_AU

26 Comments

  1. cute handi

    October 27, 2014 at 11:13 am

    wow…the fabulous life of d rich##

  2. ashley

    October 27, 2014 at 11:26 am

    Una come make am be like say Dj Xclusive dey spend 4Million pounds per week for house. I for come fight una.

    • SP

      October 27, 2014 at 1:46 pm

      Dj xclusive dey spend 4 million pounds on house a week but see the tiny tiny diamond he gave his fiancee.!!! You need magnifying glass to see am. No poss for guy to be spending 4 mill every week but e no fit buy correct ring

  3. jake ro

    October 27, 2014 at 11:34 am

    Totally stupid.while africa burns and continously becoming the basket case of the world.that is why the rest of the world do not see africans as humans cos they lack the brain capability of being human.

    • nene

      October 27, 2014 at 1:17 pm

      you have said it all. gbam! yes, i would rather buy a nice house in monaco than in banana island mainly because the price of houses in lagos is overinflated and outrageous, but we have a lot of work to do back home, yet capital flow has been happening since the 70s, with no development on the home front. africans are very stupid.

  4. Thatgidigirl

    October 27, 2014 at 11:50 am

    If dj exclusive isn’t trying to clear the air, perhaps there’s some truth to the claims?

    • Fisa

      October 27, 2014 at 12:18 pm

      He cant clear the air because it has to do with money. If it was a crime, he would av spoken kia kia

    • SP

      October 27, 2014 at 1:44 pm

      he isnt try to clear the air because its good press for him. Who doesnt want to be seen as being a billionaire’s son or nephew? Unfortunately its not true, he’s not related to them in anyway

    • T.

      October 27, 2014 at 11:12 pm

      But he is actually her nephew, his father is her husband’s brother.

    • T.

      October 27, 2014 at 11:15 pm

      That said, it is probably a case of mistaken identity because Madam Folorunsho’s son and DJXclusive have the same birth name- Rotimi Alakija. There is high probability that it is her son, not her nephew (DJ Xclusive) who owns the listed property.

    • crayfish

      October 27, 2014 at 2:09 pm

      He’s not clearing the air coz it’s sorta painful that this is obviously another case of mistaken identity with Rotimi Alakija (Folorunso Alakija’s son), just like Forbes or so did few months bak

  5. lola

    October 27, 2014 at 12:10 pm

    biko can uk billionaires fly that volume of money out of there country shame on nigerian government

    • sigh

      October 27, 2014 at 2:09 pm

      Enlighten yourself. All billionaires worldwide own property outside their countries of origin for vacation, tax and other purposes.

  6. Ferrari

    October 27, 2014 at 12:18 pm

    I am only interested in the Cameroonians. Didn’t they give any names

  7. JAY

    October 27, 2014 at 12:28 pm

    DJ EXCLUSIVE IS PAYING THAT WEBSITE DAILYMAIL..I THINK…PERSONALLY I DONT EVEN KNW WHAT DJ EXCLUSIVE DOES EXCLUSIVELY…..

    IM DONE

    • Anon

      October 27, 2014 at 12:40 pm

      errmmm…he is related to the alakijas, from a rich home as well

    • Bisous

      October 27, 2014 at 1:42 pm

      He’s NOT related to them. Ive had this convo with them many many times. Please stop spreading false gist!

    • Bisous

      October 27, 2014 at 1:41 pm

      LMFAO. You have a point but lets be clear DJ Xclusive is no way related to Mrs Alakija. For some reason his name always find its way to their press……hmmmmmmmm

  8. jauro

    October 27, 2014 at 12:36 pm

    Is there time we too our time will come.

  9. Busarni

    October 27, 2014 at 1:24 pm

    If I hear; DJ what? Abeg BN stop putting unnecessary pressure on the poor young man.

  10. JAAAAHHHHHH

    October 27, 2014 at 1:47 pm

    ahhhhhhhh daily mail be fool,. Even the real Rotimi Alakija doesnt spend 4 million on property a week. DJ Xclusive just dey chop free press any how..nawa o.

  11. Mtv diva

    October 27, 2014 at 2:50 pm

    KING DJ XCLUSIVE

  12. The A

    October 27, 2014 at 4:53 pm

    “This is despite the average person in Nigeria earning just £850 per year.”

    This is a blatant mistake Sir/Madam.

  13. i no send

    October 27, 2014 at 5:28 pm

    he has said it before in another interview that he aint related to them

  14. Tim

    October 28, 2014 at 7:25 am

    LMAO… Dj Xclusive is jus gonna laff at this post. Ya’ll want him to hold a press conference and say its a case of mistaken identity? Its SHOWbiz, dude is enjoying the publicity.
    Daily Mail needs to research well and get their facts right.. DassAll

  15. babbydoc

    October 28, 2014 at 9:17 am

    Dj exclusive’s father Dr Ladi Alakija(former medical director of Shell) is Modupe Alakija’s(Folusho’s husband) cousin.the guy was born with a silver spoon.

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