Rich List

Richest Presidents in Africa

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.

Uhuru Kenyatta

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 is estimated at $600 million, according to Forbes Magazine (back in 2006).

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, the majority of the population actually live under the poverty line.

Teodoro-Obiang-Nguema-Mbasogo

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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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