Teodorin Obiang Net Worth: $600 million
Oil-rich and most prosperous African country,Equatorial Guinea, dictator, Teodoro Obiang’s eldest son is living luxury to the maximum. With on going chaos at Egypt and Libya, the news of the son of the dictator of 30 years commissioning a luxury super yacht cannot come at a worse time. Costing a staggering $380 million, the amount is almost thrice the country’s health and education budget. Global Witness reports that the German based Kusch Yachts would build this yacht with a cinema, restaurant, bar and swimming pool, although the yacht is yet just on paper. Oil-rich and most prosperous African country,Equatorial Guinea dictator,Teodoro Obiang Nguema’s son, Teodorin Obiang owns a $35 million-dollar mansion in Malibu, California, and a $33 million jet apart from hordes of luxury cars, all this at a measly salary of $6,799 a month as the agriculture minister of the nation. Forbes magazine says the minister is worth a stunning $600 million. So much for anti-corruption and clean governance! Another revolution in the brewing? Only time can tell. Bisexual rapper, Eve was dating the President’s son which Congress stated she helped Nguema launder money via a shell company called “Sweet Pink.” He spent $25,000,000 of his oil rich nation’s funds to buy a mansion in Malibu. He also purchased a fleet of luxury cars, which include two Bentleys, a Range Rover, a Bugatti Veyron and a Maserati. Additional funds were used to establish a hip hop record label for Eve and others named TNO Entertainment. Her forthcoming album “Lip Lock” which was delayed to September 11, 2007 and then October 16 but was never released.
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