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.
- 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