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Home » » Nigerian Billionaire Buys 34-Floor Hotel in Dubai for $500 million

Nigerian Billionaire Buys 34-Floor Hotel in Dubai for $500 million

Written By Admin on Friday, January 20, 2012 | 7:09 AM

Popular Lagos billionaire business man, Global

Fleet Group chairman, Jimoh Ibrahim, 44, who is into aviation, insurance, oil and gas, media, banking, properties etc, is set to open his 34-floor hotel in Dubai, where he also owns and rents over 50 flats in the city's very exclusive area. The business mogul also owns the only university in Sao Tome.



Acquiring the hotel was said to have cost the

billionaire at least half a billion dollars and

will be opened in February, 2012.



Jimoh Ibrahim also recently bought a hotel in

Budapest in Hungary; that's plus the very

many posh hotels he owns in Lagos; that's

plus the banks (Energy Bank) he owns in

Accra Ghana; that's plus owning National

Mirror newspaper and Newswatch magazine;

that's plus owing Air Nigeria and Nicon

Insurance...and many more businesses.

Page1 Magazine congratulate the Nigerian business mogul. We just hope he's not one the "oil cabals" lolz





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