Late Nigerian banking executive Herbert Wigwe has been identified as one of the largest foreign holders of real estate in London, with 106 properties linked to his name, according to a recent report by The Londoner.
The investigation, titled: “Revealed: The Billionaires Who Really Own London,” examined 32,611 properties owned by overseas entities following new UK transparency laws requiring disclosure of beneficial ownership.
The findings placed Wigwe seventh among billionaires with the most extensive property portfolios in the British capital.
Researchers were able to trace ownership of high-value assets across prime locations including Oxford Street, Canary Wharf, and Greenwich Peninsula areas historically associated with concealed ownership structures.
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Wigwe, the former group chief executive officer of Access Holdings Plc, died in a helicopter crash in the United States in February 2024 alongside his wife, son, and Abimbola Ogunbanjo.
The report also sheds light on how overseas jurisdictions such as Jersey have been used to hold London properties, often masking the identities of true owners until recent regulatory changes forced greater transparency.
Since Wigwe’s passing, his estate has reportedly been entangled in legal disputes among family members, adding another layer of complexity to the management of his vast international assets.
