A new investigation has linked late Nigerian banking executive Herbert Wigwe to the ownership of 106 properties in London, ranking him seventh among top billionaire real estate holders in the UK capital.
The findings come from a report by The Londoner titled “Revealed: The Billionaires Who Really Own London.” The investigation uncovered 32,611 properties across London owned by overseas entities, following recent UK legal changes requiring foreign companies to disclose their beneficial owners.
Using data compiled by Dan Neidle of Tax Policy Associates, researchers were able to trace ownership of previously concealed assets, including prime real estate in areas such as Oxford Street, Canary Wharf, and Greenwich Peninsula.
Wigwe, who died in a helicopter crash in the United States in February 2024 alongside his wife, son, and Abimbola Ogunbanjo, was the Group Chief Executive Officer of Access Holdings Plc before his death.
The report also highlights how many high-value London properties are held through offshore entities, particularly in jurisdictions like Jersey, which historically offered limited transparency. The newly available disclosures provide deeper insight into the scale of foreign ownership in London’s property market and the individuals behind it.