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Forget Health And Education... Son Of African Despot Splashes Out £233M On A Yacht

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His yacht will cost nearly three times what his country spends on health and education for its impoverished citizens each year.

But Teodorin Obiang is the son of a dictator and the chances are that such considerations won’t unduly trouble him.

He has commissioned a $380million (£233million) superyacht, with cinema, restaurant, bar and swimming pool, it was revealed yesterday.

Because Obiang earns $6,799 (£4,184) a month as agriculture minister of the tiny, oil-rich West African state of Equatorial Guinea, questions are being asked about quite how he could afford the 390ft yacht.

If built, it will be one of the most expensive private vessels in the world. It is thought that Obiang used as a blueprint Roman Abramovich’s Pelorus – worth a mere £74million – as a blueprint.

The most expensive luxury yacht in the world is the Eclipse, also owned by Mr Abramovich and worth around £740million.

This certainly puts our troughing MPs to shame.

Does the UK give his country poverty aid?

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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