Friday, 28 September 2018

Top Richest African Presidents 2018


Listed below is the list of some of the richest presidents in Africa.


These presidents are worth millions and billions of dollars.  
Some of these African presidents rule for life and when they pass on they hand over to another successor usually a son or a family member and the cycle continues.
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Africa is the world’s second largest and second most populous continent,the continent is blessed with a hugh amount of natural resources but the wealth has eluded the masses. 

Listed below is the list of some the richest African presidents of all time and their estimated net worth.

Top Richest African Presidents

1. Jose Eduardo dos Santos
  • Net Worth: $20 Billion
  • Country: Angola
With over $20 Billion dollars, Jose Eduardo dos Santos is the richest president in Africa.

He has been in power since 1979. 

His daughter, Isabel dos Santos is among the Forbes Africa’s billionaires with a net worth of $3.8 billion. 
However over 70% of Angolans live on less than two dollars a day.

2. Mohammed VI of Morocco
  • Net Worth: $2.5 Billion
  • Country: Morocco
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Mohammed VI is the current King of Morocco. 
The business man is woth around  $2.5 billion, according to Forbes.

He ascended to the throne following his father’s death in 1999.

3. Teodoro Obiang Nguema Mbasogo 
  • Net Worth: $600 Million
  • Country: Equatorial Guinea
Teodoro Obiang Nguema Mbasogo ousted his uncle Francisco Macias Nguema in a military coup.
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He came to power in August 1979. Equatorial Guinea is Africa’s second richest nation but majority of the population actually live under the poverty line. He has been in power for over 34 years. 

4. Uhuru Kenyatta
  • Net Worth: $500 Million
  • Country: Kenya
Uhuru Muigai Kenyatta is the President of Kenya and the son of Kenya’s first President, Jomo Kenyatta and is estimated to be worth around $500 million.

Uhuru Kenyatta's wealth comes from real estate and property.

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5. Paul Biya
  • Net Worth: $200 Million
  • Country: Cameroon
Paul Biya was elected the President of Cameroon since November 6 1982. 

His estimated to be worth around $200 million while around 48 percent of the citizens of Cameroon live below the poverty line.
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In 2009 a French online newspaper, Rue 89, reported the Cameroon President’s vacation was the top most expensive among world leaders. 
Paul Biya spent $40,000 per day on renting a villa.

6. King Mswati III
  • Net Worth: $100 Million
  • Country: Swaziland
In the 2014 budget,the Swaziland parliament allocated $61 million for the King’s annual household budget. The king is estimated to be worth more than $100 million.

He also owns a collection of some exotic cars including a $500,000 Daimler Chrysler’s flagship Maybach 62.

The interesting twist to this tale is that he subsequently banned the photographing of his exotic cars.

The King however has often been criticized for his lavish spending. 

8. Idriss Deby

  • Net Worth $50 million.
  • Country: Chad
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He has been in power for over 23 years,Idriss Deby has been the President of Chad since 1990. He is estimated to be worth about $50 million.

9. Robert Mugabe
  • Net Worth: $100 Million
  • Country: Zimbabwe
Robert Mugabe is the former President of Zimbabwe.

The charismatic figure is estimated to be around $100 million. Robert has been in power for over 36 years.

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He is regarded by some as a dictator. In 2014 Mugabe spent $5 million on the wedding of his daughter Bona Mugabe.

10. Jacob Zuma 
  • Net worth : $215 Million
  • Country: South Africa 
Jacob Zuma is the former president of South Africa, he is estimated to be worth more than $200 Million dollars. 


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