Teodorin Obiang’ wants to own the world’s second most expensive boat…
Teodorin Obiang, the 41-year-old son of Equatorial Guinea’s dictator, is the agriculture minister in his father’s government but spends much of his time in California, with a $35 million mansion in Malibu, a fleet of luxury cars and a private jet. His government salary is $6,799 a month — making him certainly comfortable by U.S. standards but extremely wealthy compared with others in his home country. But even on that salary, it would still take him 4,600 years to pay for the luxury yacht he’s ordered.
This while nearly 80% of his countrymen live below the poverty line. His dad is estimated to be worth $600, all from stolen public money.