BILLIONAIRE ON A ROLL…AT 50, JIMOH IBRAHIM ACQUIRES SECOND ROLLS ROYCE, A BANK IN HONG KONG AND NEW OFFICE IN DUBAI

• THE AMAZING EXPLOITS OF THE NEWSPAPER PUBLISHER AND OIL MAGNATE

Jimoh Ibrahim is on a roll. The billionaire magnate floats on an epic blaze of glory even as you read, like the fabled titan whose exploits dwarfs the attainments of peers. Jimoh Ibrahim, who has just completed two masters degrees from Oxford and Cambridge Universities has decided to globalize his business. To this end, he established an investment bank in Hong Kong to open up business opportunities in the Asian market. He paid about $47 million to acquire the bank license to operate it. That brings the number of banks in the group to three with one in Ghana and another in Sao Tome. Jimoh has also opened a new corporate office in Dubai to oversee his overseas operations. With his level of investment in Dubai he has been given the status of an Investor. In Dubai, he owns a five-star hotel and a few commercial properties. He is also big in the real estate business of Dubai and owns a lovely mansion in an exclusive area where all their super rich citizens live. He will be travelling with about 200 friends and family members in mid May for his graduation at Oxford, and after spending three days they will proceed to Dubai for his office opening.

Though he turned 50 about four weeks ago, he could not celebrate it because that was the period he was writing his final papers at Oxford University. He plans to celebrate it big in April. To mark his golden age, he ordered for a N300 million Rolls Royce Phantom from Coscharis Motors with personalized number plate JI CFR. That is his 2nd Roll Royce. His first Rolls Royce is in his house in London.