DJ Xclusive makes list of wealthy Africans, spends ?4 million on UK property

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Nigeria?s DJ Xclusive, billionaires Folorunsho Alakija and Dangote have been listed among the wealthy African buyers, spending almost ?4million on London property every week.

According to a new report on Daily mail, these wealthy African buyers are spending almost ?4million on London property every week as they look to snap up exclusive investments in the UK. A mixture of traditional reasons combined with 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 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. ?