TEODORO NGUEMA OBIANG MANGUE • Net Worth $600 Million • House • Yacht • Private Jet • Equatorial Guinea

Teodoro Nguema Obiang Mangue

Teodoro Nguema Obiang Mangue

Name:Teodoro Nguema Obiang Mangue
Net Worth:US$ 0,6 billion
Source of Wealth:Vice President of EG
Born:June 25, 1968
Country:Equatorial Guinea
Residence:Equatorial Guinea
Private Jet:(3C-ONM) Dassault Falcon 900B
Yacht:Ebony Shine

A Glimpse into the Life of Teodoro Nguema Obiang Mangue

Stepping into the world of luxury yachts and political power, let’s delve into the life of Teodoro Nguema Obiang Mangue. Born in June 1968, he carries the dual mantle of being the son of Teodoro Obiang Nguema Mbasogo, the President of Equatorial Guinea, and serving as the country’s Vice-President. He’s climbed the political ranks over the years, initially serving as the Minister of Agriculture and Forestry, before being promoted to First Vice-President in June 2016.
His extravagant lifestyle, marked by a collection of luxury cars and yachts, has sparked controversy. Furthermore, the opacity of his business transactions has drawn widespread criticism.

Key Takeaways:

  • Teodoro Nguema Obiang Mangue, born in June 1968, is the Vice-President of Equatorial Guinea, a position he ascended to after serving as Minister of Agriculture and Forestry.
  • Known for his opulent lifestyle, Obiang Mangue has faced criticism for his collection of luxury cars and yachts.
  • Despite having a population of under two million, Equatorial Guinea is the richest country per capita in Africa, mainly due to its extensive oil reserves.
  • The combined net worth of Teodoro and his family is estimated to exceed $600 million, largely derived from the country’s oil wealth.
  • Obiang Mangue has been the subject of multiple fraud investigations by various international governments and organizations, with charges ranging from corruption to money laundering.
  • Obiang Mangue reportedly owns the Lurssen Yacht Ice, purchased in 2015 for $150 million. Both the EBONY SHINE Yacht and the Yacht Ice are reportedly owned by the Government of Equatorial Guinea.

Equatorial Guinea: An Oil-Rich Nation in Central Africa

Equatorial Guinea, nestled in Central Africa, boasts significant oil reserves. Since the mid-1990s, it has emerged as one of sub-Saharan Africa’s largest oil producers. Despite having a population of under two million, it stands as the richest country per capita in Africa, largely due to its oil wealth.

Teodoro Nguema Obiang Mangue’s Net Worth

The combined net worth of Teodoro and his family is believed to exceed $600 million. Much of this wealth is presumably derived from Equatorial Guinea’s oil riches.

Teodoro Nguema Obiang Mangue: A Subject of Fraud Investigations

The year 2016 saw Swiss prosecutors launch an investigation into Teodorin Obiang after repeated landings of his private jet in Geneva. In the process, eleven luxury vehicles were seized at the Geneva airport. Before this, both US and French authorities had filed complaints against Teodin, alleging that he had spent an exorbitant $315 million on properties and luxury goods, all while drawing an official salary of less than $100,000 per year.
Teodoro has faced indictments on multiple charges, including corruption and money laundering. International governments and organizations have previously investigated him for financial crimes such as embezzlement, corruption, and misuse of public funds.

Ownership of the Lurssen Yacht Ice

According to French news reports, Obiang Mangue also owns the Lurssen Yacht Ice, a vessel he reportedly purchased in 2015 for $150 million from Suleiman Kerimov. An official statement from Equatorial Guinea claims that both the EBONY SHINE Yacht and the Yacht Ice are owned by the government of Equatorial Guinea.

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Yacht Ebony Shine Owner

Teodoro Nguema Obiang Mangue

Watch this video!

Yacht Ebony Shine & yacht ICE

He is the owner of the yacht Ebony Shine.

The EBONY SHINE Yacht is a luxury vessel built by world-renowned yacht manufacturer, Feadship in 2008. Initially named Ocean Victory, it once belonged to Russian billionaire Viktor Rashnikov.

De Voogt Naval Architects, renowned for their cutting-edge designs, were the creative force behind the yacht’s design.

Powered by robust Caterpillar engines, the yacht can reach a top speed of 17 knots and cruises comfortably at 14 knots.

The yacht provides accommodations for 12 guests and houses a 22-member crew. Its interior, designed by Alberto Pinto Design, offers a blend of nautical charm and ‘summer house’ coziness.