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.
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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