Nigerian youngest billionaire businessman and socialite, Chibuzor Madubuko popularly known as Man-like-Chico, became the talk of the town after taking to his Instagram page to display his 2018 Ferrari 488 Spider ₦290 million naira.
Ferrari is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari (1898–1988) in 1939 from the Alfa Romeo racing division as Auto Avio Costruzioni, the company built its first car in 1940 and produced its first Ferrari-badged car in 1947.
Though it might not look it, the Ferrari 488 Spider is a major step forward for the Italian firm. Upon its introduction for the 2016 model year, the 488 ushered in the first use of a turbocharged V8 engine in a Ferrari since the legendary F40. It showed the company’s direction, whether enthusiasts liked it or not, into the world of turbocharged engines. Its predecessor, the 458, was considered by many to be the benchmark for the class, but the 488 acquitted itself immediately.
