Rich List

Richest Presidents in Africa

6) King Mswati III – Net Worth: $100 Million

Country: Swaziland, Years in Power: 28

Mswati III is the King of Swaziland. He was the 15th richest royal in the world, according to Forbes Magazine. He is worth an estimated $100 million; down $100 million of his 2012 ($200 million) fortune. Swaziland is one of the smallest countries in Africa.

The King has often been criticized for his lavish spending. In the summer of 2009, 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. He has banned the photography of his cars.

King-Mswati-III-Net-Worth

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.

Paul-Biya

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17 Comments

  1. 1

    Shameful. Their people suffer while they steal the country blind under their dictatorship. America needs to cut off aid to these countries.

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      You so called white people are unbelievable firstly the author say he/she (whatever it is) loves Africa… Are the incorrect so-called facts without evidence the love?…. Secondly a bunch of you are busy commenting the usa (in small letters) should cut aid …. did we invite you to Africa to ruin our lives in the first place and time? You self anointed prefects of our time

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    then now what did they help in the rest of poor countries and which poor people did they suprise with help? thanks if you answer me.

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    donor community cut of all aid to african states including that for hiv, causing an uprising leading to acountability.

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    I term these African leaders as heartless, wicked, people who only cares about enriching themself and their immediate families.
    Let God snatch them away inorder to enjoy our heritage and the fruits of our mother land

    Amos

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