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The 8 Richest African Presidents

Sep 6, 2014 by RL Edit@rs 41 Comments

6) King Mswati III – Net Worth: $100 Million

Country: Swaziland, Years in Power: 28

Mswati III is the King of Swaziland. He was the 15th richest royal in the world, according to Forbes Magazine. He is worth an estimated $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.

King-Mswati-III-Net-Worth
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.

Paul-Biya
via wikimedia common
Pages: Page 1 Page 2 Page 3 Page 4

Filed Under: Rich List Tagged With: Richest Presidents, Richest Presidents in Africa, Robert Mugabe Net Worth, The Richest African Americans, Top 100 Richest African Americans, Uhuru Kenyatta Wealth

Reader Interactions

Comments

  1. nangayi guyson says

    Oct 1, 2014 at 10:29 am

    Robert Mugabe is the President of Mugabe? am sure you wanted to write Robert Mugabe is the President of Zimbabwe….correct that. otherwise, i read ur article

    Reply
    • RichestLifestyle says

      Oct 1, 2014 at 1:42 pm

      Thanks Guyson…

      Reply
    • Anesu Mudede says

      Oct 16, 2014 at 10:25 am

      its an obvious case he meant “Presidemt of Zimbabwe”dnt act lyk a slow learner unless otherwise

      Reply
  2. ifeanyi maduakor says

    Oct 2, 2014 at 10:46 am

    WRITER WHO TOLD YOU THAT AFRICA HAS 47 COUNTRIES

    Reply
    • RichestLifestyle says

      Oct 2, 2014 at 2:37 pm

      47 nations with leaders who have been ruling for over a decade…That’s excluding countries like Kenya!!

      Reply
      • Afraid to publish my name says

        Oct 6, 2014 at 6:36 am

        African is not poor but poorly managed!

        Reply
  3. Deno says

    Oct 3, 2014 at 8:11 am

    Anyone noticed the trend? All, except President Uhuru Kenyatta of Kenya and President Goodluck Jonathan of Nigeria, have been in power for more than 10 years. Any guess how they acquired their wealth?

    Reply
    • Frank White says

      Oct 8, 2014 at 8:36 pm

      Kenyatta acquired his through nepotism and Goodluck through stealing.

      Reply
      • philip says

        Apr 20, 2015 at 2:57 pm

        nonesense!! I am a kenyan, and i am certain that kenyatta acquired his wealth legally, through handwork. Do not comment things you are not sure about…

        Reply
        • Frank White says

          Apr 20, 2015 at 9:11 pm

          Really? Prove it or S T F U

          Reply
    • Dr Chukwudinma Prime says

      Oct 9, 2014 at 10:35 pm

      I can’t speak for Kenyatta, but am sure Goodluck is one of the most corrupt leaders in the world.. References to the missing $20billion; the $7 (#1000) that was taxed many Nigerian immigrations job seekers, of which most lost their lives, yet the money hasn’t been refunded them; The oil subsidy scam collaborations, running into billions of dollars; The currently boiling $15million illegal arms deal in South Africa, with funds released by the president from his private pockets, of which the finance minister, Mrs Ngozi Iweala, has denied allegations that she approved such funds. The list continues.

      Reply
      • Emeka Anyanwu says

        Oct 10, 2014 at 8:59 pm

        Goodluck jonathan.nigerian president dose not steal, is not a corrupt man . honestly. The problem is that he is surrounded by his corrupt kingsmen and staff, whom unfortunately he trust so much & no will power to clear them out of his way…..sanusi lamido sanusi

        Reply
  4. Vernon Musale says

    Oct 3, 2014 at 3:43 pm

    If Mugabe has ruled for 26 years and has 10 million dollars whilst his counterparts who have ruled for 34 years have over $20 billion, shouldn’t that ring a bell that maybe he does not belong on this list… logically speaking that is…

    Reply
    • DtheHunted says

      Oct 4, 2014 at 10:41 am

      Logically speaking, if he is the 9th richest African President, he does belong on this list, even if his networth was $100. It’s a list about how much money they are worth, not how much corruption etc. If he was number 10 then yea, he wouldn’t belong on a top 9.

      Reply
    • Dr Chukwudinma Prime says

      Oct 9, 2014 at 10:23 pm

      If Mugabe has ruled for 26 years and has 10 million dollars whilst his
      counterparts who have ruled for 34 years have over $20 billion,
      shouldn’t that ring a bell that maybe he is undervalued…Logically speaking that is…

      Reply
    • Victoria Nojang says

      Aug 24, 2015 at 2:32 am

      lol Vernon that is true, my president Paul Biya is the most loved person in Cameroon, we do not wash our clean linens in public.

      Reply
  5. Chris Mberi says

    Oct 3, 2014 at 4:29 pm

    How much should an African leader be worth?

    Reply
  6. Afrikan Eagle says

    Oct 7, 2014 at 3:01 pm

    Is there still any hope of redemption left for Africa and Africans?? A very sad scenario and gloomy future. Hmmmn.

    Reply
  7. Frank White says

    Oct 8, 2014 at 8:38 pm

    Sounds like you work for the administration.

    Reply
    • James Idayi says

      Oct 9, 2014 at 1:29 am

      No he doesn’t work for the administration, it looks like you work for some interest group. Could the writer please provide us with facts on how they worked out net worth or they just assumed… this is a country country, the president must be rich?

      Reply
      • African Analyst says

        Oct 9, 2014 at 11:25 am

        Thanks, James. Honestly, I can’t believe how pathetic a rebuttal from Frank White that was. I have clearly relayed my views back to him.

        Reply
    • African Analyst says

      Oct 9, 2014 at 11:21 am

      If criticising a poorly-written piece of work makes me part of the administration, then so be it. Seriously, re-read the article, my comments, and yours and realise what a pathetic rebuttal you made. But then again, nothing much can be expected from a one-liner such as yours. Cheap shots!

      I guess you come from one of the class of neo-colonialists (who don’t even realise they are) that still thinks it’s okay to make flippant, disparaging remarks about Africa because chances are, there are many just like you out there who will take on board your comments without question – After all, there are many ‘bad things’ to say about Africa, right?

      Yet, if you stepped out of your bubble for a second you’d realise the irony of your worldview – how corruption on the African continent is intrinsically tied to the Western world. Last I checked, stolen money in Africa doesn’t remain in African banks. It easily makes its way to Western capitals thanks to willing facilitators in the name of bankers, accountants and lawyers. Yet, Westerners like you want to “preach” to “sordid Africans” how corrupt they are.

      Do us all a favour the next time you decide you want to get on your high-horse and ask your own government to “begin charity at home”!

      Reply
  8. midezor says

    Oct 9, 2014 at 7:45 am

    You missed to list the mulitbillionaire President of DR Congo “Joseph Kabila” with real name Hyppolite Kanambe Kazemberembe (born on 4th June 1971 of a Rwandan
    father on the name of Christopher KANAMBE and a Rwandan mother named Marcelline
    MUKAMBUKUJE) . Sorry, this list and web-side is most doubtful and ask myself why spreading lies or false information and what is the intention ?

    Reply
  9. Nelly says

    Oct 9, 2014 at 8:40 am

    Where did you get your figures from? Or this another junk magazine trying to become relevant? Provide us with facts and how you come about the figures quoted here.

    Reply
  10. Henry Okelue says

    Oct 9, 2014 at 3:05 pm

    You guys obviously did not have any facts backing your adding Goodluck Jonathan on that list. How are we sure all the others on this list are not just figments of your imaginations? Your website just went all the way down to tabloid level with this. How are you now different from plagiarist gossip blogs?

    Reply
  11. Yolandi De Waal says

    Oct 9, 2014 at 7:35 pm

    Ha ha ha, welcome to africa! That’s how tribalism works people… As long as the chief is fat, with many wives it doesn’t matter that the people starve! TIA…. nothing anybody can do about it. And you just see how many of these commentator get upset by this article. Hit a nerve me thinks. Also make you wonder how many of these commentators live in Africa?

    Reply
  12. Dr Chukwudinma Prime says

    Oct 9, 2014 at 10:54 pm

    I can’t speak for any other leader on this list. But being a Nigerian, I can hardly fault this publication except where it mentioned that our dear President Goodluck Jonathan is worth just $100million. Permit me to say that this is an insult to his personality!! Ordinary $100million dollars? Let ,me inform you that my president’s Petroleum minister, spent more than $100million, on her private jet travels, in a space of 4yrs. Even when the senate tried probing him, thye case was struck out, on the grounds that the money is mere peanuts. Do you know the worth of David mark, our Senate president? You are just insulting these people, and am not happy with this..

    Next time, this paper should do her research extensively before rushing to publish reports that will undervalue anyone’s net worth.. Read up publications on presidential corruption in Nigeria—-References to the missing $20billion; the
    $7 (#1000) that was taxed many Nigerian immigrations job seekers, of
    which most lost their lives, yet the money hasn’t been refunded them;
    The oil subsidy scam collaborations, running into billions of dollars;
    The currently boiling $15million illegal arms deal in South Africa, with
    funds released by the president from his private pockets, of which the
    finance minister, Mrs Ngozi Iweala, has denied allegations that she
    approved such funds.— The list continues.

    At the moment, my president has threatened to sue this paper for undervaluing him, and I understand his provocation. I understand that this was why this site hurriedly removed his name from this publication. Am backing him to go ahead and sue this paper, as this will definitely serve a deterrence to all those in the habit of undervaluing others

    Reply
    • Frank White says

      Oct 10, 2014 at 12:31 am

      Well said. Jonathan is a thief

      Reply
      • jeki4tala says

        Oct 10, 2014 at 9:05 pm

        Just like your good for nothing father, if you ever know him.

        Reply
      • Christian Simon says

        Oct 12, 2014 at 7:43 am

        No, he is not a thief! He is your President so Respect that fact.

        Reply
        • Frank White says

          Oct 14, 2014 at 2:11 pm

          LOL. My President is Barack Obama. I worked in Nigeria during the Babangida and Abacha regime. I have very good and close friends who are Nigerian, I love and respect the country, people and culture. But lets not be naive, I might be oyinbo but I’m not stupid. Jonathan and most of his admin are crooks.

          Nigeria is NOT a poor country, just poorly managed.

          Reply
        • Dr Chukwudinma Prime says

          Oct 20, 2014 at 8:11 am

          Checkout https://saharareporters.com/2014/10/14/sue-me-jonathan-youre-worth-120-million-dollars-least-rudolf-ogoo-okonkwo

          Reply
    • Dr Chukwudinma Prime says

      Oct 20, 2014 at 8:09 am

      https://saharareporters.com/2014/10/14/sue-me-jonathan-youre-worth-120-million-dollars-least-rudolf-ogoo-okonkwo

      Reply
  13. Dr Chukwudinma Prime says

    Oct 9, 2014 at 11:05 pm

    I can’t speak for any other leader on this list. But being a
    Nigerian, I can hardly fault this publication except where it mentioned
    that our dear President Goodluck Jonathan is worth just $100million.
    Permit me to say that this is an insult to his personality!! Ordinary
    $100million dollars? Let ,me inform you that my president’s Petroleum
    minister (Mrs Deziani), spent more than $100million, on her private jet
    travels, in a space of 4yrs. Even when the senate tried probing her, the
    case was struck out, on the grounds that the money is mere peanuts. Do
    you know the worth of David mark, our Senate president? You are just
    insulting these people, and am not happy with this..

    Next time,
    this paper should do her research extensively before rushing to publish
    reports that will undervalue anyone’s net worth.. Read up publications
    on presidential corruption in Nigeria—-References to the missing
    $20billion; the
    $7 (#1000) that was taxed many Nigerian immigrations job seekers, of
    which most lost their lives, yet the money hasn’t been refunded them;
    The oil subsidy scam collaborations, running into billions of dollars;
    The currently boiling $15million illegal arms deal in South Africa, with
    funds released by the president from his private pockets, of which the
    finance minister, Mrs Ngozi Iweala, has denied allegations that she
    approved such funds.— The list continues.

    At
    the moment, my president has threatened to sue this paper for
    undervaluing him, and I understand his provocation. I understand that
    this was why this site hurriedly removed his name from this publication.
    Am backing him to go ahead and sue this paper, as this will definitely
    serve a deterrence to all those in the habit of undervaluing others

    Reply
    • reason says

      Oct 12, 2014 at 5:40 am

      shut up, you lack insight.

      Reply
  14. Christian Simon says

    Oct 12, 2014 at 7:39 am

    Well they have tried to compile some informations at least for a start but what is left now is the Backup and Facts that covers the information, though we should be working on something of such nature here https://www.360.com.ng by giving a detailed information backed up with facts and references.

    Reply
  15. Ray says

    Oct 14, 2014 at 5:29 am

    And where is Kabila ? when Forbes said in 2014 that Kabila have estimated amount of 15 billions and he does not appear on your list? not serious

    Reply
  16. drtee says

    Oct 14, 2014 at 8:50 am

    IF ANY AFRICAN ONCE THOUGHT THAT AFTER SLAVE TRADE AND COLONISATION WESTERNERS HAVE SUDDENLY CHANGED TO FIGHT FOR US THEN HE IS THE BIGGEST FOOL.IF OUR BROTHERS STEAL TO GET RICH ITS BETTER THAN THE BILLIONS WESTERN COUNTRIES STEAL OUT OF AFRICA EVERY DAY.

    Reply
  17. Adediran Gbenga says

    Oct 14, 2014 at 6:53 pm

    But the money is not residing in their countries, wake up people, it takes 2 to tangle. Our major problem in Africa is the western world. They use all forms of proxies to hide these ill gotten funds and use it to better their lot. Its sad that theses leaders can’t see beyond their greed,

    Reply
  18. Deixem de Acreditar em Tudo says

    Jul 27, 2015 at 5:05 pm

    “While around 70 percent of Angolans live on less than two dollars a day.”

    Fake . 27% is the true number

    Reply
  19. Dr Frank Ashall says

    Dec 15, 2015 at 5:24 am

    It is no coincidence that all but two of the countries governed by these leaders rank in the “low human development” category of the Human Development Index table, 2014, and the two countries that rank as “medium human development” rank in the bottom third of all countries.

    Reply

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