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Top 10 Africa’s richest presidents

In an article titled, ‘Richest African Presidents 2014 a  US website compiled a list of the nine richest presidents and kings in Africa.

Jose Eduardo Dos Santos at the final MPLA rally at Estadio de 11 Novembre. Luanda, Angola. Pic: JAMES OATWAY. 2012/08/29. © Sunday Times

 
 

Teodoro Obiang Nguema Mbasogo Picture: Reuters

 

Africa is the second largest continent in the world. It is also world’s second most populous continent and regarded as the poorest continent.

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. 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.

Mohammed VI of Morocco – Net Worth: $2.5 Billion

morrocco.jpgCountry: 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.

Teodoro Obiang Nguema Mbasogo – $600 Million

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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. Equatorial Guinea is Africa’s second richest nation.

Uhuru Kenyatta – Net Worth: $500 Million

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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.

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.

King Mswati III – Net Worth: $100 Million

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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.

In the 2014 budget, parliament allocated $61 million for the King’s annual household budget. His luxury car collection include a $500,000 Daimler Chrysler’s flagship Maybach 62. And has banned the photography of his cars.

Goodluck Jonathan – Net Worth: $100 Million

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Country: Nigeria, Years in Power: 4

Goodluck Jonathan is the President of Nigeria. His net worth is estimated to be around $100 million.

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.

Robert Mugabe – Net Worth: $10 Million

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Country: Zimbabwe, Years in Power: 26

Robert Mugabe is the President of Zimbabwe. His net worth is estimated to be around $10 million. His family is very wealthy

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.