Billionaire tycoon Dr. Mohammadu Indimi isn't in the least bit worried about his family squabbles. Recall that his two daughters, Amena and Zara dr
Billionaire tycoon Dr. Mohammadu Indimi isn’t in the least bit worried about his family squabbles.
Recall that his two daughters, Amena and Zara dragged him to court for reducing their stake in the family business, alleging that they were unjustly denied their rightful share of a $435.1 million dividend declared by Oriental Energy Resources, his conglomerate.
The accused their father of misleading them into signing away shares worth hundreds of millions of dollars, thus reducing their shareholdings.
The sisters further accuse their father of using intimidation tactics, coercion, to suppress their claims. The sisters want their father to account for the missing funds. They argue that the dividends, which were declared and yet remain unpaid to them, represent a breach of trust and transparency.
Well whatever his daughters think he may or may not have done is the least bit of his worries. The Borno State-born businessman is preoccupied by other things he considers far more important.
Indimi who has found himself with the wherewithal to buy enough luxury while supporting humanity in various aspects of life, is one billionaire who clawed his way from the dusty streets of Maiduguri to the opulent skyscrapers of Dubai.
Indeed, Indimi is not your typical billionaire who craves the spotlight. In fact, unlike many ultra-rich individuals who live for the cameras, Indimi is the exact opposite. He is a quiet giant who lets his successes speak through his businesses —with solid interests in the energy, real estate, financial services and construction sectors. But his rise to billionaire glory was propelled by his foray into oil exploration.
This incredible spurt in the size of his personal fortune earned him recognition as one of the Forbes-rated richest but silent Nigerians. He invests in philanthropy at the same time compensates himself with good things in life and tangible luxury.
Besides his garage lined with some of the luxury cars money can buy, Indimi has not boarded a commercial plane in over 20 years and he doesn’t see himself trying such in the nearest future. The comfort associated with private jets has prevented him traveling in a public flight. As a matter of fact, Indimi has had a couple of wonderful ‘space stars’ to travel the world in the last two decades but none of those luxury birds come close to his latest acquisition: Gulfstream G700 Business Jet.
The over $80 million luxury toy is the first of its kind in Africa —notably, standard customizations to the jet, including exterior paint, interior, and fixtures cost between $5 million and $20 million. This brings the equipped price to $84 million -$99 million but a highly-customized G700 can cost as high as $120 million. The G700, known for redefining luxury, speed, and comfort in aviation, is not just a plane. The new acquisition is an ultra-long-range flagship model, known for its spacious cabin, advanced technology, and impressive speed and range. It boasts a maximum range of 7,750 nautical miles and a maximum cruise speed of Mach 0.90.
The cabin features the largest windows in business aviation, 100% fresh air, circadian lighting, and flexible layouts with up to five living areas, including a master suite with a shower. The G700 is a flying fortress of innovation. However, this milestone by Indimi is more than just the acquisition of the most advanced private jet in the world; it is a statement of ambition, foresight, and the unshakable belief that Africa belongs at the very forefront of global innovation and success.
