What would you and I do if we were the president of a country, or the vice-president because we're the president's sons? Well the first thing we wouldn't do is be like the PM of Lebanon and give $20m to a South African bikini model who we met at a Seychelles resort.
But enter Teodorin Obiang, the VP of Equatorial Guinea, who is also a senior officer in the army. Friends and readers, this man should be the sort of person ScoMo brings to this great country to show the folks on Struggle Street how it's done.
While our vice prime minister has to get by on $416k a year plus a defined benefit super scheme, Teddy has to get by on $60k a year with no super.
Now to show you the power of the financial literacy programs in the overpopulated and understaffed schools in Equatorial Guinea, Teddy managed to build a super car collection including seven Feezers, three Lambos, five Bentleys, two Veyrons, a Maserati, a McLaren plus two $100m-plus superyachts, a detached house on Avenue Foch in the 16th in Paris, a similar shack in Malibu, a Gulfstream jet and Mike Jackson memorabilia on his public service pay cheque.
Highlight of the sale was the Lambo Veneno, with a local collector picking it up for $13m. When launched at the 2013 Geneva Motor Show, the Veneno was priced at $6m, making it one of the world's most expensive production cars. Only nine were produced.
