9 insane things Teodorin Obiang spent his allegedly embezzled money on

9 insane things Teodorin Obiang spent his allegedly embezzled money on


Join the fight against extreme poverty

Teodorin Obiang is the son of the president of Equatorial Guinea, a country where 77% of the population live on less than $1.25 a day. Here’s how he likes to spend his money!

1. Memorabilia from MJ’s Bad Tour, to the tune of $3.2 million.

via The Daily Mail

This includes $275,000 for a Bad Tour glove, $80,000 for a pair of crystal-covered socks, $140,000 for a jacket and shirt, and $245,000 for a basketball signed by Michael Jackson and basketball star Michael Jordan.

2. This 16th century gold vermeil elephant once owned by Yves Saint Laurent, reportedly bought for $467,000

Photo: Christies

3. The $700,000 300-foot yacht he reportedly rented while dating rap star Eve

via The Sunday Times

Photo: The Sunday Times

4. Two Bugatti Veyron supercars, worth $1 million each

Photo: jcars.org

Photo: jcars.org

The money spent on these 2 cars alone is enough to vaccinate more than half of Equatorial Guinea’s children against life-threatening diseases.

5. A private Gulf Stream jet, which he reportedly bought for $38.5 million

via gulfstream.com

Photo: Gulfstream.com

6. 300 bottles of Chateau Petrus, which reportedly cost €2.1 million.


That’s 1,500 glasses of wine at $1,400 each!

7. A $30 million mansion in Malibu, California and a 101-room Parisian mansion (valued at $100 to 150 million).

Untitled These were both seized by US authorities in 2011 and then by French authorities in 2012.

8. An art collection featuring works by Degas, Renoir, Gauguin and Matisse, estimated to be worth more than $30 million.

UntitledThis was also seized by the French authorities in 2012.

9. An $80,000 shopping spree at Gucci

via world-brend.ru


Teodorin’s official salary is around $80,000 a year.

via banknotes.com

Photo: banknotes.com

Yet he allegedly has more than 200 bank accounts.

via edu.gmw.cn

Photo: edu.gmw.cn

Where does he get his money? Well…

via soundonsight.org

Photo: soundonsight.org

…it’s certainly not going towards poverty-fighting programmes for citizens of Equitorial Guinea.

via hrw.org

Photo: hrw.org

It’s apparently going to companies like this fake one we created, which legally launder his millions anonymously by creating phantom firms:

via stash-the-cash.com

And that’s how shady characters like Teodorin get away with it.

Photo: Huffington Post

Put an end to the phantom firms that allow shady people like Teodorin get away with it. Tell European leaders to crack down now.

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