The smart way to stay ahead in the automotive world

Fleet Auto News

The smart way to stay ahead in the automotive world

Exotic cars owned by son of dictator fetch enormous sum

30 September 2019, 2:04 pm

NewsMotoring logo
Exotic cars owned by son of dictator fetch enormous sum
Image: NewsMotoring
Exotic cars owned by son of dictator fetch enormous sum
Image: NewsMotoring

AutoExec Summary
A collection of luxury supercars, seized from Equatorial Guinea’s vice-president Teodoro Nguema Obiang Mangue, was auctioned in Geneva for $40 million. The highlight was a 2014 Lamborghini Veneno Roadster, which sold for $12.3 million. Other notable cars included a Koenigsegg One: 1, Ferrari Enzo, and McLaren P1. Proceeds will support a charity for Equatorial Guinea’s citizens, amid concerns over the vice-president’s extravagant lifestyle in a nation plagued by poverty.

Brands mentioned: Bugatti, Ferrari, McLaren, Aston Martin, Koenigsegg

 

Share Article

"*" indicates required fields

This field is hidden when viewing the form
This field is hidden when viewing the form
This field is hidden when viewing the form