Meet Nigeria’s Youngest Billionaire, Ladie Delano and His Money Making Secrets

Ladi Delano Ladi Delano, aged 30, Founder and CEO, Bakrie Delano Africa. The jet-setting Nigerian serial entrepreneur made his first millions as a liquor entrepreneur while living in China.

In 2004, at age 22, he founded Solidarnosc Asia, a Chinese alcoholic beverage company that made Solid XS, a premium brand of vodka.

Solid XS went on to achieve over 50% market share in China and was distributed across over 30 cities in China, and pulled in $20 million in annual revenue.

Delano subsequently sold the company to a rival liquor company for over $15 million and ploughed his funds into his next venture-The Delano Reid Group, a real estate investment holding company focused on mainland China.

Today, Delano is the co-founder and Chief Executive Officer of Bakrie Delano Africa (BDA) – a $1 billion joint venture with the $15 billion (market cap) Bakrie Group of Indonesia.

Bakrie Delano Africa serves as the investment partner of the Bakrie Group in Nigeria. The Indonesian conglomerate has provided over $900 million worth of funds to invest in Nigeria and Bakrie Delano Africa is responsible for identifying investment opportunities in mining, agriculture and oil & gas and executing them.

  1. Mojisola Delano Reply

    The Spelling is Delano, not Delana. Pls correct, thanks.

  2. Mojisola Delano Reply

    Its not DELENA OOOO,its DELANO.

  3. AA Reply

    Thanks, moji, are u related?

  4. alfie Reply

    Its Delano not delana smart dude we all use to live in shanghai,China.solid vodka partner not founder magnus and co

  5. Onwuatuelo Chioma Reply

    Nice one.

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