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The 8 Richest African Presidents

/ September 6, 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 African nations led by leaders who have been ruling for over a decade. Some of these leaders and their families are very rich and their wealth are considered ill-gotten. They make their wealth from natural resources of these nations.

The 8 Richest African Presidents and Kings as of 2014:

8) 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 according to Celebrity Net Worth. 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.

Robert Gabriel Mugabe

via wikipedia

7) 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 according to Celebrity Net Worth. 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.

Idriss_Deby

via wikipedia

41 Comments

  • 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

  • ifeanyi maduakor says:

    WRITER WHO TOLD YOU THAT AFRICA HAS 47 COUNTRIES

  • Deno says:

    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?

    • Frank White says:

      Kenyatta acquired his through nepotism and Goodluck through stealing.

    • Dr Chukwudinma Prime says:

      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.

      • Emeka Anyanwu says:

        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

  • Vernon Musale says:

    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…

    • DtheHunted says:

      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.

    • Dr Chukwudinma Prime says:

      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…

    • Victoria Nojang says:

      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.

  • Chris Mberi says:

    How much should an African leader be worth?

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

  • Frank White says:

    Sounds like you work for the administration.

    • James Idayi says:

      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?

      • African Analyst says:

        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.

    • African Analyst says:

      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”!

  • midezor says:

    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 ?

  • Nelly says:

    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.

  • Henry Okelue says:

    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?

  • Yolandi De Waal says:

    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?

  • Dr Chukwudinma Prime says:

    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

  • Dr Chukwudinma Prime says:

    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

  • 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 http://www.360.com.ng by giving a detailed information backed up with facts and references.

  • Ray says:

    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

  • drtee says:

    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.

  • Adediran Gbenga says:

    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,

  • Deixem de Acreditar em Tudo says:

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

    Fake . 27% is the true number

  • 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.

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