Late Herbert Wigwe linked to 106 London properties — Report

Late Nigerian banker, Herbert Wigwe, has been linked to the ownership of 106 properties in London, placing him seventh among billionaire real‑estate holders in the British capital, according to a report by The Londoner.

The investigation — titled Revealed: The billionaires who really own London — uncovered some 32,611 overseas‑owned properties across the city after a recent change in UK law required foreign entities to disclose their beneficial owners.

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The report found that these disclosures allowed researchers to connect previously hidden owners to prime real estate in London, including several high‑profile streets and commercial locations.

“But now, The Londoner can reveal that some 32,611 properties in London are owned by overseas entities. We can do this because a recent change in the law is forcing these foreign companies to register their real owners.

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“We’ve spent the last week, using data compiled and shared with us by Dan Neidle of Tax Policy Associates, to go through thousands of those overseas entities to see who has bought up properties in the capital,” the report stated.

The Londoner report identifies 32,611 London properties owned by overseas entities. These include famous streets like Oxford Street, Canary Wharf and Greenwich Peninsula.

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Wigwe, who died in a helicopter crash in the United States in February 2024 along with his wife, son and former NGX Group chairman Abimbola Ogunbanjo, was ranked seventh on the list of billionaires with the most London properties.

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