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| (Aliko Dangote) |
Renowned Nigerian billionaire and industrialist, Aliko Dangote, has reportedly made a strategic move to streamline his extensive portfolio of luxury assets by listing his private jet for sale on billionaires.africa. As Africa's wealthiest man, Dangote's decision to part ways with his Bombardier Global Express XRS jet is perceived as a deliberate shift in his wealth management approach.
The acquisition of the aircraft took place approximately thirteen years ago at a cost of $45.5 million, coinciding with his 53rd year. The jet, having received a paint job back in July 2014, boasts a range of amenities designed to provide opulent comfort for up to 15 passengers. Frequently utilized for international and regional travels, the jet features a forward cabin, four executive club seats with two foldout tables, a forward crew lavatory, and an aft lavatory, prioritizing convenience and privacy for its esteemed passengers.
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| Bombardier Global Express XRS Jet |
Dangote's move to sell his private jet aligns with the strategic wealth management decisions commonly observed among the elite. Notably, Nigeria hosts a significant private jet market, with numerous affluent individuals either owning or leasing aircraft. However, the maintenance costs for such assets can amount to hundreds of thousands of dollars. As estimated by flyalliance.com, average maintenance expenses for a private jet range from $500,000 to $1 million, encompassing parking fees, avionics upgrades, interior refurbishments, pilot fees, and other related expenditures.
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SOURCE:
-GHANA WEB- "Dangote Puts His $45.5 Million Private Jet Up For Sale After 13 Years"
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