Teddy Obiang, the the son of a West African dictator, knows this well. And Obiang, judging by the assets he has had confiscated from him over the last decade, likes the “finer things in life” and has no trouble paying for them, according to Bloomberg.
Obiang is the son of President Teodoro Obiang Nguema Mbasogo and is the first Vice President of Equatorial Guinea, a nation flush with oil resources. And Obiang’s run ins with Swiss authorities as a result of a recent corruption probe have not stopped him from flaunting his latest prized possessions and adventures on his Instagram account.
On June 11, for instance, he posted two men helping him out at a clothing store while he inspected a garment. The photo also includes tea service.
Just one week later, he posted photos of himself snorkeling in what looks like Caribbean waters. On August 29, he posted a photo of himself on a boat off the Capri coast.
Earlier this month, Swiss authorities brought to a close a years long corruption probe into Obiang. It ended with the auction of more than two dozen supercars that once belonged to him. The cars, including a Bugatti Veyron, Rolls-Royce Phantom, Lamborghini Veneno and Koenigsegg One, netted $27 million.