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. 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 Mugabe. 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.

7) Good luck Jonathan –Net Worth: $100 Million
Country: Nigeria, Years in Power: 4
Good luck Jonathan is the President of Nigeria. Hisnet worth is estimated to be around $100 million. 

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.

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 estimatednet 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. 

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

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. is among the Forbes Africa’s billionaires with a net worthof $3.8 billion. 

She’s currently Africa’s richest woman and Africa’s richest woman and also the world’s richest black woman.
#- RichestLifestyle.com