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noah·Investment· 10 days ago

Late Herbert Wigwe Held 106 London Properties, Ranking Seventh Among Billionaires

Late Herbert Wigwe Held 106 London Properties, Ranking Seventh Among Billionaires

A recent investigation by The Londoner reveals that some 32,611 London properties are owned by overseas entities. This follows a UK law change requiring foreign companies to register their true owners. The late banker Herbert Wigwe ranked seventh among billionaire property holders in the city. He was linked to 106 London estates before his death in a February 2024 helicopter crash. Wigwe led Access Holdings Plc as Group CEO. Since his passing, his family has faced estate litigation over his assets. The report highlights how prime London real estate is often held through offshore companies in jurisdictions like Jersey. Newly released disclosures have made these ownership structures public.

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