Most African leaders upon assuming power, start amassing wealth often using unorthodox means. They see leadership as an opportunity to enrich themselves over the mandate to serve their people. Countries leading in corruption menace are mostly from Africa, and in most cases under the web of the presidents and people close to them. Some are genuine business people, but the seat of presidency and its influence comes with loopholes to grow their vast businesses. In such cases, its prudent to include both curent and former presidents when ranking them in terms of their wealth.
Here are the top 10 richest presidents in Africa.
Rank | Name | Country | Net Worth |
1. | Mohammed VI | Morocco | $2.5 billion |
2. | Ali Bongo Ondimba | Gabon (Former president) | $1 billion |
3. | Uhuru Kenyatta | Kenya (Former president) | $700 million |
4. | Teodoro Obiang Nguema Mbasogo | Equatorial Guinea | $600 million |
5. | Cyril Ramaphosa | South Africa | $550 million |
6. | Paul Kagame | Rwanda | $500 million |
7. | William Ruto | Kenya | $480 million |
8. | Jacob Zuma | South Africa (Former president) | $220 million |
9. | Paul Biya | Cameroon | $200 million |
10. | Mswati III | Eswatini | $100 million |
Why is Cyril Ramaphosa not included?
Top richest presidents come from poorest countries, they pocketed the economy by trading with citizens
I am surprised Kagame is on that list – I wonder how he made his wealth !
If museveni is not included your off resercher.
They got rich by looting state coffers especially this Angolan man.
É ISSO É TRISTE ESSES PRESIDENTES COMEM BEM , DORMEM BEM MAS SEU POVO MORRE A FOME SÃO PIORES QUE DEMÓNIOS.