magazine, Vanity Fair, Nigerian oil Tycoon, Mrs Folorunsho Alakija
owns five apartments in London's One Hyde Park, the world's most
expensive apartment block.
Vanity Fair in their report wrote that Mrs Alakija owns five
apartments in the 6,000 pounds-per-square-feet apartment block which
she bought at a combined fee of $123 million (N18.4billion), making
her the second highest property owner in the upmarket area after Rinat
Akhmetov, Ukraine's richest man and owner of Ukranian football club,
Shaktar Donesk, whose property is valued at $215.9 million.
Others who own property at One Hyde Park include some of the richest
men in Britain, Russia, Taiwan, sheiks from UAE, Naomi Campbell's
boyfriend Vladislav Doronin also owns an apartment there.
According to the investigation by tax haven expert, Nicholas Shaxton,
who wrote the report for Vanity Fair, just 17 of the 76 sold
apartments are primary residences. Because the property owners are so
wealthy, many of them have other homes and do not use their exclusive
Hyde Park address as their permanent home. Shaxton also revealed that
many of the owners use offshore companies to buy the homes to enable
them hide their identity.
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