Who is Teodoro Nguema Obiang Mangue?
Teodoro Nguema Obiang Mangue is the Vice-President of Equatorial Guinea. He is the son of Teodoro Obiang Nguema Mbasogo, President of Equatorial Guinea. He was born in June 1968. For a few years, he was Minister of Agriculture and Forestry and was promoted to First Vice-President in June 2016.
The Republic of Equatorial Guinea is a country located in Central Africa. Since the mid-1990s, Equatorial Guinea has become one of sub-Sahara’s largest oil producers. With a population of almost two million, it is the richest country per capita in Africa
Obiang Mangue Net Worth
The net worth of Teodoro and his family is estimated at more than $600 million. The source of wealth is probably the oil, as Equatorial Guinea is an
In 2016, Swiss prosecutors opened an investigation on Teodorin Obiang after 8 landings with his private jet in Geneva.
Eleven luxury vehicles were seized at Geneva airport as part of this procedure. Before that in 2011 and 2012 both USA and French authorities filed compaints against Teodorin, based on spending US$315 million on properties and luxury goods, funded by an official salary of less than $100,000 per year.
He was indicted by the justice on several counts of corruption and money laundering. Mansions in Paris and Malibu were confiscated and sold at auction.
According to an official Equatorial Guinea statement, both yachts Ebony Shine and the yacht Ice are owned by the Government of Equatorial Guinea.
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Teodoro Nguema Obiang Mangue House
Teodoro owned a large mansion in Paris. But the residence was confiscated and sold at an auction. He also owned a very large $ 70 million residence in California, USA.
Teodoro and his father own a Dassault Falcon 900B private jet, with registration 3C-ONM (‘ONM stands for Obiang Nguema Mbasogo’). A Falcon 900 has a list price of US$ 40 million.