Music Business

Obnoxious flashing of wealth? Linda Ikeji acquires 2016 Range Rover allegedly worth over $200,000

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This week celebrity blogger Linda Ikeji made headlines when her brother revealed she traded her 2014 Range Rover for a 2016 version. Many blogs estimated the retail value of the luxury vehicle to be about $200,000 but a glimpse at carguru.com shows a retail value of about $120,000-$145,000.

Needless to say and as expected, social media was ablaze as a debate ensued on whether Ikeji was being obnoxious with constantly flashing her wealth. In October of 2015, Ikeji purchased a home in Banana Island, a residential area that is home to some of Nigeria’s billionaires. In August 2016, she followed up with a 22 room office space, and now closes the year with her 2016 Range Rover acquisition.

My take? I read something just the other day on Linkedin. It was a response from a person who was accused of flashing his luxurious vehicle. He was reminded that there are masses that could be fed with the amount he used to buy his vehicle. His response was that his purchase of the vehicle created employment for the employees of the car manufacturer who needed his money. It was a different perspective.

I believe people have a right to do whatever they please with their hard earned money. I do think it is prudent to not be flashy. In a country like Nigeria, armed robbery is very real and a common occurrence. Safety should be an important priority. Linda Ikeji should place safety, especially as a person living in Nigeria, over ostentatious display of her wealth. Then again it’s her money, she has said she loves to show off. Presumably, it means she has factored safety and other consequences that may result from such flashiness into the mix.

-Ms. Uduak

 

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Africa Music Law™

AFRICA MUSIC LAW™ (AML) is a pioneering music business and entertainment law blog and podcast show by Fashion and Entertainment Lawyer Ms. Uduak Oduok empowering the African artist and Africa's rapidly evolving entertainment industry through brilliant music business and entertainment law commentary and analysis, industry news, and exclusive interviews.

Credited for several firsts in the fashion and entertainment industry, Ms. Uduak is also a Partner and Co-Founder of Ebitu Law Group, P.C. where she handles her law firm’s intellectual property law, media, business, fashion, and entertainment law practice areas. She has litigated a wide variety of cases in California courts and handled a variety of entertainment deals for clients in the USA, Africa, and Asia.

Her work and contributions to the creative industry have been recognized by numerous organizations including the National Bar Association, The American University School of Law and featured in prestigious legal publications in the USA including ABA Journal and The California Lawyer Magazine. She is also an Adjunct Professor at the prestigious Academy of Arts University in San Francisco.
For legal representation inquiries, please email (uduak@ebitulawgrp.com). For blog related inquiries i.e. advertising, licensing, or guest interview requests, please email (africamusiclaw@gmail.com). Thank you for visiting Africa Music Law™.

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