What are the top ten richest presidents in Africa’s net worth? How do the top ten richest presidents in Africa make their money? Below is the current net worth of the top ten richest presidents in Africa and how the top ten richest presidents in Africa make their money.
What are the top ten richest presidents in Africa Net Worth?
Over the years, there have been presidents and other political figures in Africa who have reunited a large amount of wealth by taking advantage of their positions of power.
In the world at large, corruption exists, and it has an impact on all types of leaders. It shouldn’t be shocking that many of these people kept the money in the hands of their family members so as to make sure they inherited it while they are still in power.
Some of the top ten richest presidents in Africa include the following;
1. Mohammed VI
Mohammed VI was born on 24th August 1964, he inherited some of his wealth from his father King Hassan which forms part of his net worth and riches. In Centrale Danone and Atijariwafa Management Group, Mohammed owns a 5% share of the stake in Societe Nationale d’Investissement (SNI).
Currently, he is the wealthiest president in Africa as a whole with an estimated net worth of $5.8 billion.
2. Ali Bongo Ondimba
President of Gabon Ali Bongo Ondimba is the second richest president in Africa. He is the son of Omar Bongo, the nation’s former president.
Ali Bongo Ondimba was birthed on February 9th, 1959, and has numerous assets abroad, including a mansion in Paris that is valued at $138 million. Since October 2009, he is said to be the ruling president who has a net worth of $1 billion as of this writing.
3.Teodoro Obiang Nguema Mbasogo
Teodoro Obiang Nguema Mbasogo is the current second president of Equatorial Guinea.This position has been held since 1979. He was conceived on June 5, 1942, and vested with the authority to impose a dictatorship according to the country’s constitution.
Teodoro estimated net worth is $600 million.
4. Uhuru Kenyatta
The current president of Kenya Uhuru Kenyatta serving a second tenure happens to be the fourth president of the republic who was born on the 26th of October 1961.
His father, Mzee Jomo Kenyatta, was Kenya’s first president and Uhuru is one of the wealthiest presidents in Africa and has a current net worth of $500 million.
According to Forbes his primary source of income and wealth is real estate, with an acquisition of more than 500,000 acres of property in the 1960s by his father.
he is the inheritor of the largest landholdings in the country. Also, Uhuru Kenyatta’s family members run numerous well-known companies in the nation.
5. Paul Kagame
The current president of Rwanda, Paul Kagame, was born in October 1957 in Tambwe, Ruanda-Urundi. Following Pasteur Bizimungu’s resignation, his ascension to power kickstarted in 2000. He has a current net worth of around $500 million.
The majority of investments in Rwanda, including Crystal Ventures, are owned and controlled by Paul Kagame and his family members. The company’s assets total $500 million, including a Bombardier Global Express private plane worth over $50 million.
6. Cyril Ramaphosa
The current South African President is Cyril Ramaphosa and in 2021, he was shortlisted among the most prominent persons in the world by Time Magazine. He has an estimated net worth of $450 million.
He is well known as one of the richest and most self-made millionaires in South Africa. He has worked with the Pembina Group and as Shanduka Group Chairman which forms the $900 million-asset Pan African Industrial Holding Group.
7. King Mswati III
King Mswati III is a monarchical leader of Swaziland and vast of his investments make up his worth. He is 51 years old and well known for his lavish lifestyle while the rest of his citizens suffer and more than 40% of the workforce is unemployed.
In the summer of 2020, his over 13 wives allegedly spent $6 million shopping. However, he is the owner of multiple vehicles, including a $500,000 Maybach and a private jet that he received in 2018 as a gift for his birthday when he turned 50 which is worth $17 million.
According to Forbes, his estimated net worth is around $200 million.
8.Abdel Fattah el-Sisi
Since 2014, Abdel Fattah el-Sisi has been in power as the President of Egypt and shortlisted by Forbes as the top 50 powerful people. He was birthed on November 1954 and has an estimated net worth of $185 million.
According to the Guardian, his wealth is rooted in his family achievement, inheritance, and land holdings.
9. Isaias Afwerki
Isaias Afwerki is the current President of Eritrea, a position he has held since 1993. He was born and February 2nd, 1946, and brought up in Asmara, Eritrea.
Isaias has an estimated net worth of $100 million as a global leader.
10. Idriss Déby
Idriss Déby was brought into this world on June 18, 1952, and has successfully gained the position as the 6th President of Chad which was handed over to him in 1990 till date.
From the previous election conducted in Chat, Idriss has won the position five consecutive times.
In 2006, Chad was shortlisted among the most corrupt country in the world according to Forbes, which has oil as its source of wealth. But unfortunately, over 10 million people living in that country are poor.
Idriss Déby has an estimated net worth of $50 million.
ere on Networthforum, we calculate all net worths using data drawn from public sources. Most times, we incorporate tips and feedback received from the individuals or their representatives.
While we always strive to ensure that our figures are as accurate as possible, please note that they are only estimates, unless otherwise indicated.
This page is updated from time to time so that our readers will know the current net worth of the top ten richest presidents in Africa. So feel free to check back for the current top ten richest presidents in Africa net worth in case of any update on their net worth.