Ladi
Delano, aged 30, Founder and CEO, Bakrie Delano Africa. The jet-setting
Nigerian serial entrepreneur made his first millions as a liquor entrepreneur while
living in China. In 2004, at age 22, he founded Solidarnosc Asia,a Chinese
alcoholic beverage company that made Solid XS, a premium brand of vodka.
Solid
XS went on to achieve over 50% market share in China and was distributed across
over 30 cities in China, and pulled in $20 million in annual revenue.
Delano
subsequently sold the company to a rival liquor company for over $15 million
and ploughed his funds into his next venture-The Delano Reid Group, a real
estate investment holding company focused on mainland China. Today, Delano is
the co-founder and Chief Executive Officer of Bakrie Delano Africa (BDA) – a $1
billion joint venture with the $15 billion (market cap) Bakrie Group of
Indonesia.
Bakrie
Delano Africa serves as the investment partner of the Bakrie Group in Nigeria.
The Indonesian conglomerate has provided over $900 million worth of funds to
invest in Nigeria and Bakrie Delano Africa is responsible for identifying
investment opportunities in mining, agriculture and oil & gas and executing
them.
BE INSPIRED
There is something in eveeryone but very few express their gifts. I hope to make a mark someday. That's wrong! I will work towards making a mark and I will make that mark someday.
ReplyDelete