Paddy Adenuga recently wrote an intriguing story about how he almost bought Chevron’s entire upstream, exploration and production business in the Netherlands. Long, beautifully written and (some will say) inspiring, the tale chronicled all he did in his bid to own the giant so he could use it as a ‘Trojan Horse’ to enter the lucrative African Oil and Gas market.

There have been varying reactions since the story was published. Some people have commended his bravery, while others have attributed his ability to do all he did to his fathers’ massive wealth. Some have said if their father was Mike Adenuga, and worth over 5 billion dollars, they would pursue massive ventures like that, but others have admitted that if their father was that rich, they will probably just relax and enjoy life.

Whatever side you’re on, we have attempted to calculate how much Paddy spent pursuing that dream.

Enjoy, share. And remember that it is all bants.

The story begins in October 2013, but he mentioned he met with his mentor in early spring of 2014. So most of the costing begins from March, 2014 to July 2014, when Catalan’s final bid was rejected.

1. Bringing Vance Querio, the COO of Addax Petroleum on as Adviser and Board Member – Estimated: $100,000 monthly. Total – $400,000

2. Unnamed Mentor (Board Member) – Most likely free, seeing as he is a mentor.

3. Trip to Switzerland to meet mentor: Return ticket – assuming he flies Business class, instead of using private jet, hotel, chauffeur and other expenses – $5,000

4. Lunch with Edgar, the respected banker – $1,000

5. Two trusted friends – Directors. Probably served on an ‘equity’ basis, but logistics and miscellaneous – $100,000

6. Nicolas Lavrov: Logo design, graphics, web design and company profile for Catalan, – $10,000

Read full list here - https://lists.ng/much-paddy-adenuga-spend-trying-acquire-chevron/

CC Lalasticlala Lalastic

Crap

$516 k =185760000 M

In naira

HOLYDICK:
$516 k =185760000 M

In naira

He must be commended.
Some other rich kids would use the money to buy diamond watches and exotic cars.
In summary, money begat money. Money is a veritable tool and servant in the hand of the wise and hardworking.

obrigado080:
Crap

ʟօʟ!

Ok