The richestlifestyle.com has come up with a list of the
richest African presidents and our dear President Jonathan is No. 6 on the
list. Here’s how they reported it on their website.
richest African presidents and our dear President Jonathan is No. 6 on the
list. Here’s how they reported it on their website.
Africa is the second largest continent in the world. It is
also world’s second most populous continent and regarded as the poorest
continent. There are 47 nations in Africa, led by different leaders who have
been ruling for several decades. Some of these leaders and their families are
very rich and their wealth are considered ill-gotten. They make their wealth
from natural resources of these nations through the creation of companies under
the names of their families. Here is a brief overview of the richest Presidents
in Africa. Continue below…
also world’s second most populous continent and regarded as the poorest
continent. There are 47 nations in Africa, led by different leaders who have
been ruling for several decades. Some of these leaders and their families are
very rich and their wealth are considered ill-gotten. They make their wealth
from natural resources of these nations through the creation of companies under
the names of their families. Here is a brief overview of the richest Presidents
in Africa. Continue below…
The 9 Richest African Presidents and Kings as of 2014:
9) Robert Mugabe – Net Worth: $10 Million
Country: Zimbabwe, Years in Power: 26
Robert Mugabe is the President of Zimbabwe. His net worth is
estimated to be around $10 million. The dictator’s family is very wealthy.
Mugabe has won many elections, although frequently these have been criticized
by outsiders for violating various electoral procedures.
estimated to be around $10 million. The dictator’s family is very wealthy.
Mugabe has won many elections, although frequently these have been criticized
by outsiders for violating various electoral procedures.
8) Idriss Deby – Net Worth: $50 Million
Country: Chad, Years in Power: 23
Idriss Deby has been the President of Chad since 1990. His
net worth is estimated to be $50 million. Towards the end of August 2006, he
made international news after calling for his nation to have 60 percent stake
in its output after receiving crumbs from foreign companies running the
industry.
net worth is estimated to be $50 million. Towards the end of August 2006, he
made international news after calling for his nation to have 60 percent stake
in its output after receiving crumbs from foreign companies running the
industry.
6) Goodluck Jonathan – Net Worth: $100 Million
Country: Nigeria, Years in Power: 4
Goodluck Jonathan is the President of Nigeria. His net worth
is estimated to be around $100 million. He launched a “Roadmap for Power Sector
Reform”, launched the Youth Enterprise with Innovation in Nigeria and launched
the Transformation Agenda. He is a member of the ruling “People Democratic
Party”.
is estimated to be around $100 million. He launched a “Roadmap for Power Sector
Reform”, launched the Youth Enterprise with Innovation in Nigeria and launched
the Transformation Agenda. He is a member of the ruling “People Democratic
Party”.
6) King Mswati III – Net Worth: $100 Million
Country: Swaziland, Years in Power: 28
The 15th richest royal in the world, according to Forbes
Magazine. Mswati III is the King of Swaziland. He is worth more than $100
million; down $100 million of his 2012 ($200 million) fortune. The King has
often been criticized for his lavish spending. In 2009 summer, several of his
13 wives reportedly spent over $6 million in a shopping spree. In the 2014
budget, parliament allocated $61 million for the King’s annual household budget,
while 63 percent of Swazis live on less than $1.25 per day. His luxury car
collection include a $500,000 Daimler Chrysler’s flagship Maybach 62. And has
banned the photography of his cars.
Magazine. Mswati III is the King of Swaziland. He is worth more than $100
million; down $100 million of his 2012 ($200 million) fortune. The King has
often been criticized for his lavish spending. In 2009 summer, several of his
13 wives reportedly spent over $6 million in a shopping spree. In the 2014
budget, parliament allocated $61 million for the King’s annual household budget,
while 63 percent of Swazis live on less than $1.25 per day. His luxury car
collection include a $500,000 Daimler Chrysler’s flagship Maybach 62. And has
banned the photography of his cars.
5) Paul Biya – Net Worth: $200 Million
Country: Cameroon, Years in Power: 31
Paul Biya has been the President of Cameroon since November
6 1982. His estimated net worth is around $200 million; this figure was
published by the ForeignPolicy.com. Around 48 percent of the citizens of
Cameroon live below the poverty line. Catholic Committee against Hunger and for
Development (CCFD) and several on-and-offline media has placed him in the list
of leaders with ill-gotten wealth. In 2009,
French online newspaper, Rue 89, reported the Cameroon President’s
vacation was the top most expensive among world leaders. More than that of the
American President. He was criticized for spending 30,000 euros ($40,000) per
day on renting a villa.
6 1982. His estimated net worth is around $200 million; this figure was
published by the ForeignPolicy.com. Around 48 percent of the citizens of
Cameroon live below the poverty line. Catholic Committee against Hunger and for
Development (CCFD) and several on-and-offline media has placed him in the list
of leaders with ill-gotten wealth. In 2009,
French online newspaper, Rue 89, reported the Cameroon President’s
vacation was the top most expensive among world leaders. More than that of the
American President. He was criticized for spending 30,000 euros ($40,000) per
day on renting a villa.
4) Uhuru Kenyatta – Net Worth: $500 Million
Country: Kenya, Years in Power: 1
Uhuru Muigai Kenyatta is the President of Kenya and the son
of Kenya’s first President, Jomo Kenyatta. In 2011, Forbes estimated his net
worth at $500 million. Most of his wealth comes from property. With his family,
the President owns stakes in Kenya’s largest dairy company Brookside Dairies,
media company Mediamax, Heritage Hotels, Commercial Bank of Africa and hundreds
of thousands of prime Kenyan land. He is regarded as man of the people due to
his sociability. During his inaugural speech, he promised economic
transformation through Vision 2030, free maternal care and unity among all
Kenyans.
of Kenya’s first President, Jomo Kenyatta. In 2011, Forbes estimated his net
worth at $500 million. Most of his wealth comes from property. With his family,
the President owns stakes in Kenya’s largest dairy company Brookside Dairies,
media company Mediamax, Heritage Hotels, Commercial Bank of Africa and hundreds
of thousands of prime Kenyan land. He is regarded as man of the people due to
his sociability. During his inaugural speech, he promised economic
transformation through Vision 2030, free maternal care and unity among all
Kenyans.
3) Teodoro Obiang Nguema Mbasogo – $600 Million
Country: Equatorial Guinea, Years in Power: 34
Teodoro Obiang Nguema Mbasogo is the President of Equatorial
Guinea. He came to power in August 1979 by ousting his uncle Francisco Macias
Nguema in a military coup. He has overseen the emergence of the nation as an
important oil producer, beginning in 1990s. This President and his family
literally own the economy, his personal fortune exceed $600 million, according
to Forbes Magazine. In October 2011, the United States government seized $70
million assets of his son, Teodoro Nguema Obiang Mangue. Though Equatorial
Guinea is Africa’s second richest nation, majority of the population actually
live under the poverty line.
Guinea. He came to power in August 1979 by ousting his uncle Francisco Macias
Nguema in a military coup. He has overseen the emergence of the nation as an
important oil producer, beginning in 1990s. This President and his family
literally own the economy, his personal fortune exceed $600 million, according
to Forbes Magazine. In October 2011, the United States government seized $70
million assets of his son, Teodoro Nguema Obiang Mangue. Though Equatorial
Guinea is Africa’s second richest nation, majority of the population actually
live under the poverty line.
2) Mohammed VI of Morocco – Net Worth: $2.5 Billion
Country: Morocco, Years in Power: 15
Mohammed VI is the current King of Morocco. He is also the
country’s leading businessman. He is worth more than $2.5 billion, according to
Forbes. The King ascended to the throne following his father’s death in 1999
and he immediately set about improving upon his appalling human rights record
and alleviating poverty.
country’s leading businessman. He is worth more than $2.5 billion, according to
Forbes. The King ascended to the throne following his father’s death in 1999
and he immediately set about improving upon his appalling human rights record
and alleviating poverty.
1) Jose Eduardo dos Santos – Net Worth: $20 Billion
Country: Angola, Years in Power: 34
Jose Eduardo dos Santos is the President of Angola. He has
held on to this post since 1979. His personal estimated wealth exceed more than
$20 billion, according to Cabinda Online. While around 70 percent of Angolans
live on less than two dollars a day. His daughter, Isabel dos Santos is among
the Forbes Africa’s billionaires with a net worth of $3.8 billion. She’s
currently Africa’s richest woman and also the world’s richest black woman.
held on to this post since 1979. His personal estimated wealth exceed more than
$20 billion, according to Cabinda Online. While around 70 percent of Angolans
live on less than two dollars a day. His daughter, Isabel dos Santos is among
the Forbes Africa’s billionaires with a net worth of $3.8 billion. She’s
currently Africa’s richest woman and also the world’s richest black woman.
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