Hypercar Collection Seized From Equatorial Guinea’s Vice President Heading To Auction

More than two dozen cars seized from Teodoro Nguema Obiang Mangue, the vice president of Equatorial Guinea, are set to be auctioned off later this year.

Details about the auction remain limited but it will reportedly be hosted by Bonhams at the Bonmont Golf & Country Club in Switzerland and the collection is expected to bring in at least $13 million, all of which will be funneled into social programs in Equatorial Guinea.

Obiang is extremely wealthy and has come under fierce criticism over the decades for his misuse of state funds. He once owned a mansion in France said to be worth €100 million ($111 million) and amassed a huge collection of exotic cars, many of which were seized in 2012 and in 2016, GTspirit reports.

Also Read: Lamborghini Veneno And Koenigsegg One:1 Seized From Equatorial Guinea’s Vice President

In 2012, French authorities seized a number of his vehicles and quickly auctioned them off, including a Bugatti Veyron Grand Sport, Maserati MC 12, Ferrari 599 GTO, Bugatti Veyron, Porsche Carrera GT, and more. In 2016, it is reported that 25 cars were seized from the politician in Switzerland and it’s these vehicles which are set to be auction off.

The four highlights of the collection are a bespoke Lamborghini Veneno Roadster, a custom Koenigsegg One:1, a yellow McLaren P1, and a bright blue Bugatti Veyron. Lamborghini only ever built nine units of the Veneno Roadster, each with a starting price of $4.5 million and it’s entirely possible Obiang’s car will sell for more than that. The One:1 is also extremely rare being one of just seven units to ever reach the hands of customers. Other vehicles said to be bound for the auction include a Ferrari Enzo, LaFerrari, Aston Martin One-77, and a Ferrari F12 tdf.

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  • Six_Tymes

    sad, a filthy corrupt billionaire with all his wealth, with millions of dollars worth of toys while others starved. glad these have been seized

    • Those who give their money away to save the world don’t drive millions of dollars cars… I know strange right?

      • Kyle Lyles

        “Please give your hard earned dollars to save the starving children in Africa!”

        Uh no. Kill your dirty politicians first, then come see me.

  • Mr. EP9

    Sucks for him. Enjoy prison.

  • Zandit75

    Who the hell orders a two tone white/cream Veneno??
    The guy should be shot for crimes against humanity!!!

    • StrangerGP

      and with bling bling wheels

    • Finkployd

      looks good to me

  • Ben

    Here’s my question, if some of these models were so bespoke, didn’t the automakers know who this guy was? These are new models and the article said everyone has known about his misdeeds for sometime. You gotta check your morality in business because it can disappear. Why sell this man such lavish goods when people are being mistreated under his thumb?

    • SteersUright

      morality in the modern corporation is non-existent. Profit drives all decisions until you get caught. Then you just hand over some middle managers to take all the blame and continue as normal.

      • Ben

        Facts you speak.

  • gambit gamboa

    hope he gets raped in prison

  • the Veyron almost seems common here.

    • StrangerGP

      Veyron’s styling isn’t aging all that well. Koenigsegg’s from the same years look a lot better.

      • I think it’s aging well enough.. .just they are more Veyrons around than the rest. I don’t chase cars in the street with a camera yet I saw several Veyrons just walking down the street … Never saw any of the others .

  • Callanish

    If this is how the Vice President screwed over the country, I’d hate to see what the President did.

  • TheBelltower

    I don’t admire, envy or despise anyone just because they own expensive cars. I know wonderful people who genuinely love cars, but also give millions to charity. But there are also those who love to show off in expensive cars simply because they are total shallow douchebags. Though I tend to believe that people like this who hoard exotics are generally vile people.

  • CBV2020

    Good thing this isn’t happening anywhere else in the world, phew!

  • Porkopolis

    Had he set up a foundation to launder his money legally, he wouldn’t have had these assets seized…

  • nastinupe

    This dude was banging Porsha Williams from The Real Housewives of Atlanta. Why am I not surprised.

  • Ben

    Article never even mentions if this guy was a businessman before becoming a politician (in which case, maybe he had the money for all these toys), or was he just a politician (in which case, he’s just a crook)?

  • Ben

    If we’re looking at this scenario in a vacuum in which I don’t get kidnapped or smacked around my shop by a 7ft tall goon, I’d turn him down. I’m not saying I’m a huge businessman myself, but I do run a business that generates a nice profit each quarter. A mentor of mine told me the phrase “the customer is always right” is just for hardheaded people to survive in the business world.

    If you’re smart about it, you make the business exclusive and on your own terms. There are plenty of industry standouts that do this. Apple is an example. No matter what advances Android makes, Apple does it their way and eventual develops or implements that same technology. They’re known for their “Apple Ecosystem” in which they never cave to the demand of customers, but set the demand themselves.

    Ferrari is the same way, they were arguably the first automaker to set such standards of “You gotta buy x car and y car in order to be eligible to give us your money for z car”. They’ve gone further by selling vehicles they don’t allow owners to actually take delivery of, but rather offer a concierge service when you’d like to drive it. They tell owners of La Ferrari how high to jump and they do it. The pimp hand they wield in the automotive industry is massive and people respect them for it. Everyone wants to get exclusive stuff or be “apart of the family”.

    In short: A business that tells the consumer what they really want and sets the demand of the consumer is usually a industry standout. You don’t have to kowtow to the public at the risk of your own standards. Some of the largest brands in the world tell customers what to do, not the other way around. Standing up for yourself and your morality pays off, but not always in the currency you think it will. Most of the time, it’s the currency of self respect.

    • Marc Gruben

      Thank you for a thoughtful answer. I have to ask, are you rejecting the work because of who the client is or because of what he wants done? Keep in mind that the client chose your shop because of your reputation for quality work and while his requested modifications will “ruin” the Lexus, in certain circles the finished product will be regarded with awe and would most likely result in several high-dollar referrals to you.

      There are many automotive examples where I have said “It is morally wrong to allow a fool to keep his money”. I’ve seen several restomods where I wanted to either smash my head against a wall in disgust, or smash the offending vehicle with a sledgehammer, but I couldn’t deny the quality of the work and admired the customizer’s ability to deliver a result that exceeded his customer’s expectations. It truly is a quandary.

      • Ben

        I would decline respectful because of his actions and what he’d like done to the vehicle. Sort of like a double whammy. In terms of a company standard, I wouldn’t make those modifications to a vehicle. Not because lack of ability, but it doesn’t fit into the company’s ethos. I’ll mention Ferrari again, they have a strict rule of no pink cars. Why? I don’t remember, but I’m sure there is a well done article on the matter somewhere.

        Back to denying service because who the man is. For myself, this would be morally driven. I couldn’t make something so bespoke, that said so much about my business and then hand it over to a monster. Mercedes made many vehicles for Hilter. Hugo Boss was the company that made garments for Hitler’s regime, Henry Ford accepted an award from Hitler’s part for being a large supporter and was even mentioned in Hitler’s autobiography.

        My point is, some companies have no problems stooping low and doing the unthinkable, but we can all control what we do. Personally, I wouldn’t sell that man a car, pen or even a beach front property in El Paso.

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