He is a son of Teodoro Obiang Nguema Mbasogo, the President of Equatorial Guinea, by his first wife, Constancia Mangue Nsue Okomo.
These cars and more were seized from Equatorial Guinea’s vice president Teodoro Nguema Obiang Mangue and will be auctioned in Switzerland. “Not only have we raised a considerable sum for charity, we have also established a world record for selling a Lamborghini at auction.”Authorities reportedly made a deal with Teodoro Nguema Obiang Mangue, who is the Vice President of the state, in February. Of the 25 cars at auction was an incredibly rare Lamborghini Veneno Roadster which sold for record-breaking €7.6 million. For the 41-year-old potentate, the French warrant was just the latest episode in … Many of the cars once belonged to Teodoro Nguema Obiang Mangue, according to news reports, vice president of Equatorial Guinea and a son of its … Teodorin Nguema Obiang Mangue, son of the President of one of Africa’s smallest countries, Equatorial Guinea, had failed to appear at a French money-laundering investigation in order to answer questions about how he managed to spend millions of dollars despite earning a modest government salary. Teodoro Obiang Nguema Mbasogo is currently the longest ruling leader in Africa and also Chairman of the African Union. Swiss prosecutors had the cars seized in 2016 when they opened a corruption investigation against Teodoro Nguema Obiang Mangue, the likely heir of President Teodoro Obiang Nguema … Only nine of the Roadsters exist in the world. Our content creates conversations, our voice is the one that matters. Swiss prosecutors dropped charges against him and returned his yacht but kept the supercars and received €1.4 million to cover case expenses.More than €21.6 million has been raised for charity after Swiss authorities auctioned off dozens of supercars previously seized from an African dictator’s son, Teodoro Nguema Obiang Mangue.A 2014 Koenigsegg One (which has covered 597km), 2015 Ferrari, 2011 Aston Martin One-77 and 2010 Bugatti Veyron 16.4, 1963 Ferrari 250 GTE 2+2 Series III Coupé, 1998 Rolls-Royce Silver Spur limousine and 1993 Porsche 911 Type 964 Turbo S Leichtbau Coupé were some of the supercars auctioned off by the State of Geneva.But, despite leading high-rolling lifestyle on social media and recent run-ins with the law, it is believed Teodoro Nguema Obiang Mangue will one day succeed his 77-year-old father.Teodoro Nguema Obiang Mangue’s father has been president of the world’s third-biggest oil-producing nation for more than four decades.“With initially six active bidders, it resulted in a two-way bidding battle, with the successful bidder, a private collector, buying the coveted roadster considered the ultimate Lamborghini.”The CEO Magazine is more than a business title; it’s a source of information, inspiration and motivation for the world’s most successful leaders, executives, investors and entrepreneurs.
The Overland grade does live on in the larger Jeep Grand Cherokee.Despite that, Renault says it is at the bottom of a negative curve.The Pagani Huayra Roadster was capped at just 100 units worldwide.Existing Bluelink users will be able to upgrade their systems starting this Autumn.The all-new BMW M3 will launch in September with up to 503 HP.The 2021 Acura TLX Type S is right up there with the Cadillac CT5-V and Audi S4.The Rivian R1T will be available with three different powertrain options.Prices start from $36,340 for the 2021 Toyota 4Runner.This 2020 Chevrolet Corvette also hit 60 mph in a mere 2.6 seconds!.Fisker will launch a super sports sedan, a crossover and a pickup truck by 2025.Details about the auction remain limited but it will reportedly be hosted by Bonhams at the Bonmont Golf & Country Club in Switzerland and the collection is expected to bring in at least $13 million, all of which will be funneled into social programs in Equatorial Guinea. Teodoro Nguema Obiang Mangue, who has been accused of embezzling Equatorial Guinea’s funds, was investigated by anti-corruption groups in Switzerland. More than two dozen cars seized from Teodoro Nguema Obiang Mangue, the vice president of Equatorial Guinea, are set to be auctioned off later this year..