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Nairaland Forum / Nairaland / General / Business / Ladi Delano: Nigeria's Youngest Billionaire [pictured] (115866 Views)
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Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by mrdrizzy(m): 5:54pm On May 11, 2015 |
Own a 1billion dollar firm?? Lawd!! That's so cool Well we all will get there through hardwork I'm 2-3years younger dan the time he made his 1st million And I've already found my 1st 3000$ Lols small bt I hope to grow more AMEN!! 2 Likes |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by fxbot: 5:55pm On May 11, 2015 |
RickRichards:so true bruv, I have been playing it safe and I have come closed to a million naira on 2 occasions but reduced it to nothing in a few weeks time. With what is left, I have decided to take risk, partner with whoever is interested. I have just relaunched after I realised that I have a skill that can make me good money. All I have to do is look for someone who has money and we launch... But that is after I have succeeded in what I launched a few weeks ago. Once that is done, I will kick off big. To me, with my little experience in what I do, making 1 Million naira is not hard anymore. 3 Likes |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by Nobody: 5:55pm On May 11, 2015 |
DoTheNeedful: Yes! We make noise about our people who achieve great deeds cos we are known to be hardworking and resilient unlike your own part of Nigeria where people beats their chests over mediocre things! FIX THE PUZZLE YOURSELF 2 Likes |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by Nobody: 5:56pm On May 11, 2015 |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by castruccio(m): 5:56pm On May 11, 2015 |
kay29000:Tru talk jare 1 Like |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by MRBrownJ: 5:56pm On May 11, 2015 |
i personally know this guy back when he moved to China to expand his vodka business from the UK to Asia....... we partied at Bar Rouge and Mint like there was no tomorrow in Shanghai, back in 2007/2008....no dull btw: Solid Vodka was founded in the UK where Ladi was raised (not China), before focussing/moving to the Chinese market. 3 Likes 1 Share |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by Nobody: 5:56pm On May 11, 2015 |
danbrowndmf: Amen bro |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by Rooneyboy(m): 5:57pm On May 11, 2015 |
bettercreature: With such mentality, guy , u just going to end up being an ordinary salary earner till u kick the bucket. 5 Likes |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by Setaje(f): 5:57pm On May 11, 2015 |
lawanson44: Is this mediocre?. 1 Like |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by RaptorX: 5:58pm On May 11, 2015 |
baysol:Three grams of drugs for that mater, probably worth a couple of thousand dollars. End up spending twenty years in jail then tied to the stakes and shot through the heart. Totally not worth it. 2 Likes |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by shakazuldadon: 5:59pm On May 11, 2015 |
am sure he's related to Fisoye Delano... that FAM is boxed up oil money 1 Like |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by Nobody: 6:01pm On May 11, 2015 |
Setaje: 1 Like
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Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by francizy(m): 6:01pm On May 11, 2015 |
DickDastardly: Hehehehehe, I like this your name bro.. Permit me to twist it a bit.. AMUdastardly! ![]() |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by Sweetguy25: 6:02pm On May 11, 2015 |
He's a billionaire in naira, not in dollars.
He's probably not worth more than a 100 million dollars. |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by godunia(m): 6:05pm On May 11, 2015 |
He didn't become a billonaire by struggling to be first to comment on nairaland.my guy I tap into your anointing, I de your back.u gave me hope 1 Like |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by excellentmomma(f): 6:07pm On May 11, 2015 |
anonimi: Very good bargain, you can use $1m or less to get an annual turnover of $20m and more. What he sold was his brand and market value of his company. Turnover is not necessarily the money he has or the company has. 5 Likes 2 Shares |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by Jarus(m): 6:08pm On May 11, 2015 |
anonimi: Yes, if your turnover/revenue is $20 and expense is $19m, leaves you with an annual profit of just $1m. Selling a business returning $1m per annum for $15m may actually be a wise decision. It would have raised curiosity if the $20m was net assets, which is what you ordinarily compare with with consideration (selling price) in arriving at selling decision. That said, this is only looking at worse possible scenarios to prove that it is not out of place, it doesn't take away the fact that turnover is a key tool to consider in making selling decision. Summary of my point Having a huge turnover doesn't mean a business is profitable. Turnover is just the topline, if the middle line (expense) is huger, you can actually have a low or even negative profit (bottomline). 8 Likes 1 Share |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by pablus: 6:09pm On May 11, 2015 |
that also caught my attention. without much financial info to analyze though, i'd say the FCF (free cash flow) and the IRR for the company were most likely responsible for the valuation. anonimi: 1 Like |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by castruccio(m): 6:11pm On May 11, 2015 |
bettercreature:Ehen... Ok beta creature I be lyk who de sleep before? |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by dechandel(f): 6:12pm On May 11, 2015 |
Lala247:Look who is talking ![]() Gimme your range rover sports if you want me to remember you then ![]() ![]() ![]() |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by CyberWolf: 6:15pm On May 11, 2015 |
bettercreature:You are a lazy cow..Do you think others waste their time ranting on NL like you?..Stay there,don't go and work hard to discover your destiny ![]() 2 Likes |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by pbs4real(m): 6:17pm On May 11, 2015 |
dechandel:is it the one mr cork own? |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by netbaze(m): 6:19pm On May 11, 2015 |
i believe one day i go get there |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by CyberWolf: 6:20pm On May 11, 2015 |
1 Like |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by 1stola: 6:21pm On May 11, 2015 |
olaxco2f:You are a goat. Where is tohpahz 's post in this thread? Bloody Hypocrites! ![]() |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by LuckyLadolce(m): 6:21pm On May 11, 2015 |
Basildvalour:we gonna be going together bro! ![]() |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by 1stola: 6:22pm On May 11, 2015 |
olaxco2f:You are a goat. Where is tohpahz 's post in this thread? Bloody Hypocrites! ![]() |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by Basildvalour(m): 6:23pm On May 11, 2015 |
LuckyLadolce:Sure man! 1 Like |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by Nobody: 6:24pm On May 11, 2015 |
Jealous and inspired |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by toyo4souls(m): 6:27pm On May 11, 2015 |
DELANO! I AM COMING FOR YOU! |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by tohpahz(f): 6:28pm On May 11, 2015 |
1stola: Ogah.. what's the problem..?? 1 Like |
Re: Ladi Delano: Nigeria's Youngest Billionaire [pictured] by rofemiguwa(f): 6:29pm On May 11, 2015 |
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