10 Top Richest African Presidents - 2014
Richest African Presidents 2014 |
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:
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.
via wikipedia
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.
via wikipedia
=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”.
via wikimedia common
=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.
via wikipedia
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.
via wikimedia common
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.
via wikipedia
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 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.
via wikipedia
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.
Photo Credit: Map.ma
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.
via wikimedia common
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.
Source: richestlifestyle.com
Comments
Post a Comment