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.
The 9 Richest African Presidents and Kings as of 2014:
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.
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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.
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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”.
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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.
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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.
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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.
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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 toForbes 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.
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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.
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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.
Some of the above-mentioned Presidents’ exact wealth and source of wealth are unknown that’s why they cannot be included in the Forbes Africa’s Rich List. They steal from their own people...culled
*There is God ooooo
Before nko,,,God's watching
ReplyDeleteWho says there's no money in this country?..just 4 years in power and my presdo is worth $100 Million....
ReplyDeleteOriegwu!!..now I know why everyone is rushing into politics..
Criminals
ReplyDelete.
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So Uhuru Kenyatta is this rich just one year in office? God is watching.
ReplyDeletePolitrick pays anytime anyday.
ReplyDeletePekeyim 09
BLOG ANALYSER: I don't want to be traumatized this morning. It is well.
ReplyDeleteThose figures there be driving me nut!
ReplyDelete20 billion? Wow!
That's tremendous!
Honestly, there is God oh! For how many years do some of these presidents want to remain in power? DIARIS GOD OHHHHHHHHHHHH........... #One Love#
ReplyDeleteImagine. All African leaders Gooo luck Jonathan just four years ,so if he stays for another four years again ,,the wealth wil be uncountable yet niger have no good road ,no regular electricity supply ,Jesus let. Your kingdom. Come now.,and let judgement. Start from nigeria leaders past and present ,may all. The sins of. All poor Nigerians. Struggling and. Doing bad things to survive be on their head .,
ReplyDeleteNdi oshi!!! Jona with his worth,the poor still getting poorer,no improvement whatsoever.
ReplyDeleteWhat did they base their assesment on? GEJ is richer than dat amount they mentioned..These people should make theiir investigations very well...A whole nigerian presido cannot be dat poor when he has access to trillions of dollars jn our treasury.
ReplyDeleteMay God forgive African looters,..Oh sorry..African leaders.
ReplyDeleteAfrica my Africa. Una do well oh, money money everywhere and your people are dying of hunger and diseases. There is God oh, hope you guys will use this money to build condos, villas and palaces in hell.
ReplyDeleteSee all of them. Ugly tattered looking old wrinkled men. All the money in the world still won't make them appealing to the eyes. They should carry the money with them when they die now. Ugly moos
ReplyDeleteMohammed VI, King of Morocco pls marry me. I don't mind being your 15th wife ooo:(
ReplyDeleteIndeed there is God.
Lmao.....after Linda Ikeji's plagiarism palava, Stella has started crediting her sources boldly. She even credited wikipedia and co boldly for their images.
ReplyDeleteAlso check out her 'culled'. She used to write it with a very tiny font size but not anymore before another @ayedee will come now and say he didn't see it. Lol....
All of una sef.....na wa!
The best will always be bellanaija, she's so smart, intelligent and surrounded by competent people.
As for Linda, all she does with her money is to be flaunting on her blog and instagram with that her mgbeke sister. And she's surprised that people are coming after her. Whatever happened to letting your success speak for you.
She no even get workers sef. Na so she go they talk everyday about expanding and getting workers.
Once this brouhaha gets settled, I'm sure she still won't.
Stella abeg jeje o. You be trained journalist so you should know better.
Lmao.....after Linda Ikeji's plagiarism palava, Stella has started crediting her sources boldly. She even credited wikipedia and co boldly for their images.
ReplyDeleteAlso check out her 'culled'. She used to write it with a very tiny font size but not anymore before another @ayedee will come now and say he didn't see it. Lol....
All of una sef.....na wa!
The best will always be bellanaija, she's so smart, intelligent and surrounded by competent people.
As for Linda, all she does with her money is to be flaunting on her blog and instagram with that her mgbeke sister. And she's surprised that people are coming after her. Whatever happened to letting your success speak for you.
She no even get workers sef. Na so she go they talk everyday about expanding and getting workers.
Once this brouhaha gets settled, I'm sure she still won't.
Stella abeg jeje o. You be trained journalist so you should know better.
This is not a small something o...
ReplyDeleteANGELRAY SAYS
ReplyDeleteNa wao, some people are rich sha, with tax payers money. I hope they will bury them with all this money when they die.
Bastard Jonathan....ahhhhhhhhhhhhhhhhhhhhhhhh! Nigeria is finished! This is not even accurate, he should be a trillionaire. 100mil$, na lie! Jonathan pass that one.
ReplyDeleteFROM NO SHOES TO 100MILLION$$. HEHEHE
ReplyDeleteWELL,THEY SHOULD KNOW THEY MISCALCULATED OH. 100MILL? PRESIDENT OF NIGERIA??? THAT SHOULD BE FOR JONA'S SON BIKO. THIS IS NAIJA, OUR OIL WELL NEVER DRY UP! DEZIANI ALONE IS WORTH MORE THAN THAT! PASTOR ARITSEJAFOR NKO? HABA. OUR GOVERNORS SHOO? WHAT OF MERE CITIZENS CHANGING PRIVATE JETS? WHEN PRESIDENTIAL COOKS AND HOUSEBOYS ARE BUYING UP ESTATES IN DUBAI? ONE VISIT TO ASO ROCK AND OUR NOLLYWOOD STARS COME BACK WITH DEALS AND CONTRACTS? ONE VISIT! WHY DYU THINK THEY ALL RUNNING BACK IN D NAME OF POLITICS? LOL. AH, MONEY! THE POWER IT WEILDS. PASTOR ADEBOYE ALONE IS WORTH DOUBLE OF THAT. AND TRUST ME NO MATTER THE MONTHLY TITHES, YOU CANT BE RICHER THAN NIG POLITICIANS OH.
SO PUHHLEASE, THE PRESIDENT OF NIGERIA, CANNOT BE WORTH ANYTHING LESS THAN 1BILLION$$.
AS FOR OTHER PRESIDENTS, I WONDER HOW THEIR CITIZENS LET THEM STAY IN POWER FOREVER. NO COUP. NO ANGER. NOTHING. I BLAME POVERTY. AFRICANS ARE COLLECTIVELY POOR, THE KIND OF BITING POVERTY THAT EATS UP A PART OF THE THOUGHT PROCESS, SO YOU ACCEPT EVERYTHING AND COUNT YOURSELF LUCKY THAT YOU EVEN HAVE A NAME. AND FOOD. FOOD? THIS IS POVERTY OF THE BODY. AND SOUL.
Besides Nigeria, Kenya and Morocco, all the others have been presidents for over 20 years. They should make sure they carry that presidency along when they exit this world. Mtschew.
ReplyDeleteSelect individuals enjoying the wealth meant for whole countries. Power and money can't prevent ill-health, cancer, and certainly can't stop death when it comes calling so what's the point?
Besides Nigeria, Kenya and Morocco, all the others have been presidents for over 20 years. They should make sure they carry that presidency along when they exit this world. Mtschew.
ReplyDeleteSelect individuals enjoying the wealth meant for whole countries. Power and money can't prevent ill-health, cancer, and certainly can't stop death when it comes calling so what's the point?
They all want to die in power..., the Kenya president is facing criminal charges at the international court... Africa leaders equals SLAVERY and SLAVE DRIVERS............. btw Stella I think there. are about 54 countries in Africa it might be more but certainly not 47.
ReplyDeleteKai! There is God o!
ReplyDeleteGoodluck n Kenyatta God is watching you two... Just 4 years and 1 year in power respectively...and you men are worth this huge amounts...okay naw..we dey watch...
ReplyDeleteNow ur talking . Give credit to whom credit is due . Shikena . I pity those you had to learn from their punishment . Such is life I guess .
ReplyDeleteSomeone please introduce me to the King of Swaziland. I wana meet him ooo! Does he speak english?
ReplyDeleteCriminals in africa.... Jst 4yrz $100m,nawa ooo
ReplyDelete~@iamjbankz SA to President Jonathan 2015~
Before nko? He suppose be number one sef.
ReplyDeleteDONT CRY FOR ME AFRICA! In a sober mood!
ReplyDelete