Another day another home, Alex Ojjeh makes another investment, a home in Nashville, TN. The founder of Ao Asset hasn’t parted ways with his New York apartment yet, but he has nestled into a beautiful property with green grass and beautiful trees.
Why did he buy this home?
The reasons are unclear, the investor has a home in Franklin, TN currently. Along with a penthouse in both New York and Miami. It might be because Ojjeh could be starting to focus on what he calls “new ambitions”. The businessman has companies designated close by is where he independently owns distribution businesses.
Ojjeh bought his Franklin, TN home in 2018 for $11 million and turned it into a place he settled in at. Ojjeh’s new Nashville home was bought for just under 4 million, according to the broker. It has 6 bedrooms with a pool, spa, and guest house. It comes to about 5,843 square feet.
The hedge fund firm might be going under and he might be under scrutiny with the law as the coronavirus plagues the world, but Alex Ojjeh is buying real estate. Alex seems unphased about the upcoming trial putting his money into a new home suggests Alex is not expecting a bumpy ride in court. Keep in mind, the mogul was just pushed out of the firm weeks ago by the board members. However, Ojjeh has been rotating from Dubai to Memphis for the past week. With the U.S government having access to his flight logs, bank accounts, and share focus. Real estate included.
Equity the highest in his US company. Globally Alex has equity in Dubai, Sudan, Uganda, and Budapest with a large range of shareholders and alternative assets.
“We’re frustrated about the Dubai situation. I don’t think Ojjeh is taking this to be serious as he should, and I doubt he understands how visiting with UAE government officials look and it is a big risk for him to take.” Daniel White said. Alex Ojjeh might be in some big trouble for receiving investments from wealthy funds overseas. Whatever is going on Ojjeh isn’t worried! Buying a new home gives a glimpse that Ojjeh is not backing down and that Ojjeh is not expecting to serve very much criminal time if any time.
Saad Mushtaq was born and raised in the busy city of Abbottabad. As a journalist, Saad Mushtaq has contributed to many online publications including the PAK Today and the Huffing Post. In regards to academics, Saad Mushtaq earned a degree in business from the Abbottabad UST, Havelian. Saad Mushtaq follows the money and covers all aspects of emerging tech here at The Hear Up.Thanks
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Umar Nisar was born and raised in the busy city of Abbottabad. As a journalist, Umar Nisar has contributed to many online publications including PAK Today and the Huffing Post. In regards to academics, Umar Nisar earned a degree in business from the Abbottabad UST, Havelian. Umar Nisar follows the money and covers all aspects of emerging tech here at The Hear Up.