Billion Dollar Properties Belonging To Diezani's Alleged Accomplice Kola Aluko Revealed

Forty three year-old Lagos born Kola Aluko is a Nigerian energy business magnate with interests in African infrastructure development and aviation.
Aluko’s name is well-known as a higher level hustler, ‘private-partner oil-baron’. He has even been alleged by some as the money launderer for Nigeria’s former minister of petroleum, Diezani Alison-Madueke. He was said to have fled the public scene since the arrest of Madueke on October 2.

Kola Aluko is the founder of Fossil Resources, an oil trading company. He was CEO of Exoro Energy until it’s merger with Seven Energy, a leading independent oil exploration company.
Aluko is now Deputy CEO and a large shareholder of Seven Energy and co-CEO of Atlantic Energy. He is also a member of the advisory board of Vistajet, a private jet charter company founded by Thomas Flohr.


However, aside from all the Diezani drama, Aluko is known as a man of affluence. With a whooping $100 millions dollars, Aluko was once ranked by Forbes Africa as one of the 40th richest Africans, as well as included in the top ten list of Successful African Entrepreneurs to Follow on Twitter.

The New African Magazine (November 2013 issue) included Aluko in their 100 Most Influential Africans listing and issue.


The young billionaire is said to have bought up properties in Las Vegas and other top spots all for millions of dollars. When talking about Kola Aluko’s wealth, which is up to the tune of billions of dollars, it would be very difficult not to mention how he got it all from Nigeria’s oil sector.

Aluko enjoys a porch lifestyle, betting on races, racing with expensive cars in Germany and partying.


In 2013, Kola Aluko Spent a whooping $1.5 Million (240 Million Naira) on champagne alone at Leonardo DiCaprio’s 39th birthday bash. The exclusive, no cameras allowed bash had billionaires like Vladimir Doronin, Ron Burkle, Jho Low and Vivi Nevo in attendance.

Kola Aluko also has a foundation named after him. According to him, the foundation was created to inspire, mentor and support future generations of African leaders.

In 2013, the billionaire businessman who loves race cars reportedly bought the Ferrari Pininfarina Sergio speedster said to be worth a whooping 2million pounds – that’s over N500million. Only six of the cars are being built and all six were already bought in advance by ‘special’ customers in which Kola Aluko was one of them.

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