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PHOTO: Meet Nigeria’s Youngest Billionaire, Ladi Delano - Business - Nairaland

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PHOTO: Meet Nigeria’s Youngest Billionaire, Ladi Delano by Greatpoet(m): 8:29pm On Jul 13, 2015
Ladi Delano is a 35-year old Nigerian serial entrepreneur who made his first million as a liquor entrepreneur while living in China.
At the age of 24, in 2004, he founded Solidarnosc Asia, a Chinese alcoholic beverage company that made Solid XS, a premium brand of vodka. Solid XS eventually had a 50% market share and went on to become a mainstream liqour brand and was being distributed in over 30 cities, pulling in $20 million in annual revenue.

Delano then sold the company to a rival liquor company for over $15 million and put his funds into his next venture – a real estate investment holding company with a focus in mainland China.

Today, Delano is the co-founder and CEO of Bakrie Delano Africa (BDA) – a $1 billion joint venture with the Bakrie Group of Indonesia. Bakrie Delano Africa stands as the Bakrie Groups’ investment partner in Nigeria.

So far, the Indonesian Conglomerate has provided over $900 million worth of funding for investment in Nigeria and Bakrie Delano Africa identifies opportunities for investment in mining, agriculture, oil & gas, and executes the investment processes.

He was on Forbes’ list of the youngest millionaires to watch in Africa in 2012 and is the youngest Nigerian billionaire.

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Re: PHOTO: Meet Nigeria’s Youngest Billionaire, Ladi Delano by rawpadgin(m): 8:32pm On Jul 13, 2015
will soon join u brother

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Re: PHOTO: Meet Nigeria’s Youngest Billionaire, Ladi Delano by Nobody: 8:36pm On Jul 13, 2015
Thank GOd I am at your back, overtaking you soon

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Re: PHOTO: Meet Nigeria’s Youngest Billionaire, Ladi Delano by MrFlavvor(m): 8:36pm On Jul 13, 2015
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Re: PHOTO: Meet Nigeria’s Youngest Billionaire, Ladi Delano by Starships4u(m): 8:37pm On Jul 13, 2015
He started with liquor and ended in real estate

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Re: PHOTO: Meet Nigeria’s Youngest Billionaire, Ladi Delano by ibkgab001: 9:04pm On Jul 13, 2015
Made made

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Re: PHOTO: Meet Nigeria’s Youngest Billionaire, Ladi Delano by Excelboi(m): 9:11pm On Jul 13, 2015
Self employment is the best. Be a boss of your own ad make all decisions yourself. I'm still very much young and i know one day, I will make it big like Delano.

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