₦airaland Forum

Forbes has published its 2014 Africa Rich list
which ranks Nigeria’s leader, President
Goodluck Jonathan the sixth richest with a net
worth of $100 million, about N16 billion.
The leader of oil rich Angola, Jose Eduardo dos
Santos, who has been at the helms for 34
years is ranked number one, with a net worth
of $20 billion. His wife is the richest African
woman on earth, with an estimated worth of $
3.8billion, making her shove our Folorunso
Alakija aside as Africa’s and world’s richest
African woman.
Here is the full report as culled from AIT
website:
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. 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
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 Zimbabwe.
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.
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.
=6) Goodluck Jonathan – Net Worth: $100
Million
Country: Nigeria, Years in Power: 4
Goodluck Jonathan is the President of Nigeria.
His net worth is estimated to be around $100
million. He launched a “Roadmap for Power
Sector Reform”, launched the Youth Enterprise
with Innovation in Nigeria and launched the
Transformation Agenda. He is a member of the
ruling “People Democratic Party”.
=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. 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.
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.
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
Teodoro Obiang Nguema Mbasogo is the
President of Equatorial Guinea. He came to
power in August 1979 by ousting his uncle
Francisco Macias Nguema in a military coup.
He has overseen the emergence of the nation
as an important oil producer, beginning in
1990s. This President and his family literally
own the economy, his personal fortune exceed
$600 million, according toForbes 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. While around 70 percent of Angolans
live on less than two dollars a day. His
daughter, Isabel dos Santos is among the
Forbes Africa’s billionaires with a net worth of
$3.8 billion. She’s currently Africa’s richest
woman and also the world’s richest black
woman.


source: http://thenewsnigeria.com.ng/2014/10/07/forbes-ranks-jonathan-6th-richest-african-leader/

A wihte man with a pink nose sitting somewhere and making conjectures of presidential wealth.
What parameters and critaria did they use in acertaining all these nonsense?

2cato:
A wihte man with a pink nose sitting somewhere and making conjectures of presidential wealth.
What parameters and critaria did they use in acertaining all these nonsense?

Geiger Muller counter if u ask me sha... seems those presidents' money are like radiation...

Na awa money Dem use D̶̲̅ε̲̣y get rank!
SMH!

our oil money

Nigerian ll be so quick to judge this otuoke for being among richiest african leader.
This man don chop our money,imagine GEJ richer than Mugabe..#lobatan ,I'm not convenient for him not being the number 1.
Btw,this man na teif oo..just being a nigerian .....lol
Every time I debate with nigerian,both youth and the older guys,everybody re of Psquare opinion (chop money)
That's all in oga at the top's voice.

Oga Jona wey move $20B in one swipe?

Mtcheeew

To be very sincere,Jonathan right now is richer than Dangote.Person wey carry about 20billion Naira to buy ammo alone?.GEJ is second to Abacha.Looting,and cyphoning NNPC funds et al.Forbes,abeg make una do Research wella.GEJ had surpassed that 16b naira abeg.

jairusben:
our oil money

Gbam!

But Jona is even richer cos, Forbes could only have valued him based on official worth. They don't know about the hidden wealth he has amassed. A nigerian governor is worth millions of dollars how much more the president in a corrupt nation!

kolykoldy:
Nigerian ll be so quick to judge this otuoke for being among richiest african leader.
This man don chop our money,imagine GEJ richer than Mugabe..#lobatan ,I'm not convenient for him not being the number 1.
Btw,this man na teif oo..just being a nigerian .....lol
Every time I debate with nigerian,both youth and the older guys,everybody re of Psquare opinion (chop money)
That's all in oga at the top's voice.

Please can you stop debasing the queen's language. Thanks in advance.

Tymax:
Gbam!

But Jona is even richer cos, Forbes could only have valued him based on official worth. They don't know about the hidden wealth he has amassed. A nigerian governor is worth millions of dollars how much more the president in a corrupt nation!

they didnt put u meant dey hav no idea abt the theft from oil..i doubt

If jona see this he go vex, what insult? Ordinary $100m way common minister dey thief!

Jimbadly:
Please can you stop debasing the queen's language. Thanks in advance.

are u sorta, the queen's language police (or sumtin), , u shud get ursef in front of an english classroom, here is nairaland, free expression is allowed (and typo errors too for android users).

jairusben:
they didnt put u meant dey hav no idea abt the theft from oil..i doubt

You are right. Although they wouldn't base their figures on wealth gotten from corruption. Cos, they can never know everything about the coded runs.

It baffles me on how goodluck who has barely spent abou 5 years in power is richer dan robert mugabe who has bin in power b4 i was born.. na wa oooo..