Mohammed VI of Morocco – Net Worth: – $2.5 billion. His leadership quality has been questioned because of how the rules using a draconian style of government.This report is backed with charges of human rights violations by the United Nations and Amnesty International. The SNI is a large food conglomerate company with many important businesses in the North African country.Ali Bongo was elected as the president of Gabon upon his father's death in 2009. On the ranking of the richest presidents in Africa currently. Most African leaders upon assuming power, start amassing wealth, often using unorthodox means. Born on 5th June 1954 to Santiago Nguema Eneme (father) and María Mbasogo Ngui (mother) in Acoacán, Guinea. The President’s source of income aside from his salary and allowances include investments, properties, livestock. His wealth includes an N$2-million art collection, gold, gems, jewelry, and furniture.The king of the landlocked kingdom located in Southern Africa (Swaziland) is the eight Richest President in Africa and he has been in office for over 30 years. The demonstrations, however, did not stop him as he has maintained his stay in power.His over 38 years at the helm have seen him control the country's economic curve while still increase his wealth. The 77-year-old longtime politician ascended to the top seat by ousting his uncle in a 1979 military coup. For 34 years and counting, President Teodoro has been ruling Equatorial Guinea, the office he occupied after a military coup overthrowing his uncle from office in 1979 in a military coup.A large chunk of his wealth is believed to have been acquired through looting and plundering the oil-rich nation. Abdelaziz Bouteflika has been the Algerian … He is one of the richest heads of state in Africa.Idriss Déby won elections in 1996 and 2001 and later got rid of term limits. The Paul Biya is the current president of Cameroon, a position he has held since 6 November 1982. Politics in Africa is believed by many to be an act used for exploitation. His entrepreneurial skills are recognized thanks to the many investments he has all over the country.Cyril Ramaphosa has tens of properties and previously-held important ownership in big companies like McDonald's South Africa. He is said to be autocratic rather than democratic in his leadership style and the citizens are getting wearied of him.Eritrean president is the sixth richest president in Africa. During his ascension to the throne formerly sat on by his late father, Mohammed VI promised the Morrocan citizens that he’ll tackle poverty and corruption in the country as well as reduce the unemployment rate and improve human rights status which is demeaned in the country. The 67-year-old Chadian politician took over power after an uprising against the then-president Hissène Habré in December 1990. He is also an expert on international economic law, international law, and comparative constitutional law.Peter Mutharika's election to office was marred with rigging allegations. He has managed to beat any other resistance movement that tries to come against him since he got to be president. Thus, it is against this backdrop that this article will focus on the Top Ten Richest Presidents in Africa.First in our list is the Morrocan Monarch also the president. Isaias Afwerki is among the wealthiest presidents of Africa. King Mohammed VI (Net Worth $2.5 Billion) – Richest Presidents in Africa 2020 King Mohammed VI, who is the President of Morocco, as well as its monarch, is Africa’s richest President.
To add to his collection is a private jet that is estimated to cost $17 million and was speculated to have been purchased with public funds.The last on the list as we draw the curtain is president Joseph Kabila Kabange of the Democratic Republic of Congo. He has since won every election held in the country. King Mswati has 13 palaces, fleets of Mercedes and BMW cars including at least one Rolls Royce and a $500,000 Maybach 62. President Biya is the richest man in Cameroon and it was reported that Biya lives an expensive and lavish lifestyle and how on vacation he spends about $40, 000 on accommodation alone.
The 61-year-old is the son of the first president of Kenya and the richest president in East Africa. Away from politics, Muhammadu Buhari owns several businesses that are run by his family.Peter Mutharika has been the president of Malawi since 2014. He was birthed August 1963 in Rabat, the capital of Morocco.
Yet, poverty is still a matter of concern in the country as the people of Gabon Ali live below the poverty line, it was also reported by Daily Mail that the president spent $129 million for a mansion in Paris.Third, on the list is President Teodoro of Equatorial Guinea. The 61-year-old is the son of the first president of Kenya and the richest president in East Africa. The 55-year-old Burundian politician has been accused of instigating massacres and He has no plans of leaving the top seat any time soon and continues to apply his totalitarian policies. They see leadership as an opportunity to enrich themselves over the mandate to serve their people. Uhuru Kenyatta's family is one of the richest in the country. His first wife Jeanne-Irène Biya is late (died on 29 July 1992) and on 23rd April 1994, he married Chantal Biya. Despite the fact that over 60% of her population living below the poverty line($1.25) per day, King Mswati still spends lavishly and lives expensively amidst criticism. Gabon has been ranked the fifth-largest oil producer in Africa, thus, the country depends largely on crude oil exportation. Leaving no stone unturned to ensure most of these promises are kept and this trait has earned him the title “the defender of the poor”.Ali Bongo Ondimba has been ruling Gabon for 10 years and counting having assumed office from October 2009 till date. Uhuru Muigai Kenyatta is the fourth president of Kenya having been elected in 2013.
Bongo's family have assets all over Gabon and Europe.
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