he 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.
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...
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.
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.
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”.
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.
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.
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.
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.
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.
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.
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