He is well known by owners of leading night clubs in Lagos and they don’t joke with him.
The reason behind this simple: Once he steps into a club, he shuts it down.
As reported by the City Scoop, this heavily-loaded cash man has done it in all the top clubs on the Lagos Island.
Any night he steps into a club, his bills always run into millions, the online medium claims.
Last night, he was at The Place By Papas, Lekki Phase 1 and, as usual, he shut down the club.
His choice of drinks is said to be strictly Ace of Spades, Don Perignon and Moet Rose.
At The Place Lekki, Ace of Spades Goes for N200k, Don Perignon is N130k while the Moet goes for N30k, City Scoop says.
Laborita and his friends reportedly cleared 15 Ace of Spades, five Don Perignon and 60 bottles of Moet Rose.
The man whose full name is Obafemi Laborita on his twitter handle, is described as one of the “hottest cash kings” in town at the moment.
He hails from Abeokuta, Ogun State, says City Scoop; and he is said to be one of the big players in real estate business on the Island.
He is also said to have strong business interests in Kenya and Zanzibar and that he is always shuttling between these places.
His exclusive group of friends is known as the Money Pile Up Gang; while he is known as the MPU General (Money Pile Up General).
He is reportedly single.