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Top 10 Richest African Presidents With Their Net Worths

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As a continent, Africa has 54 countries in which each of the African countries is presided over or led by its own African president. Among others, below are some of the top richest Presidents in Africa.

1.King Mohammed VI (Morocco)

Born on 21st August 1963 in Rabat Morocco after the death of his father, King Hassan II, King Mohammed VI acceded to the throne on July 23rd 1999 as the King and member of Alawi dynasty.

The King is believed to have vast business holdings across a number of sectors in the country (Morocco),inheritance and Presidential salary and therefore with an estimated net-worth of $5.7billion ranking him the richest African President.

2.Bola Ahmed Tinubu (Nigeria)

Defined as the 16th and current President of Nigeria, Bola Ahmed full names Bola Ahmed Adekunle Tinubu is also a Nigerian politician, former governor of Lagos State from 1999 to 2007 and Senator for Lagos West in the third Republic.

He was born on 29th March 1952 in Lagos Nigeria. However, with an estimated networth of $4billion, Bola Ahmed derives his wealth from his political career and business investments.

3.Ali Bongo Odimba (Gabon)

Born as Alain Bernard Bongo he is also known as Ali Bongo or Ali Ben Bongo a Gabonese former politician and a member of the Gabonese Democratic Party. He became president after his father’s demise.

Ali Bongo was born on 9th February in 1959 in Brazzaville Republic of Congo. He rose to presidency in 2009 and through inheritance, business investments and presidential salary, the Gabon President is of an estimated worth of $1billion.

4.Teodoro Obiang Nguema Mbasogo (Equatorial Guinea)

He is a former military officer, Equatoguinean politician who is also referred to as a dictator who has served as the President of Equatorial Guinea since 1982.

Born on 5th June 1942 in Acoacan Equatorial Guinea Teodoro Obiang Nguema Mbasogo is also one of the wealthiest African presidents with an estimated net-worth of $600million through his presidential salary, business investments and alleged government looting.

 

5.Paul Kagame (Rwanda)

Previously a commander of the Rwandan Patriotic Front and a rebel of the armed force which invaded Rwanda in 1990, Paul Kagame is  a former military officer, Rwandan politician and the President of Rwanda.

He was born on 23rd October 1957 in Ruanda-Urundi. Through his political career and business investments, Paul Kagame’s estimated networth is, $500million.

6.Cyril Ramaphosa (South Africa)

Serving as the 5th and current South African President since 2018, Matamela Cyril Ramaphosa is a politician and the country’s businessman.

He was born on 17th November 1952 in Soweto South Africa. Cyril earns a monthly salary of $198,742 (R2. 99million) and with an estimated networth of $450million through his political career, Entrepreneurial skills and investments.

7.Patrice Talon (Benin)

Full names, Patrice Guillaume Althanase Talon, He is a Beninese businessman and politician who has served as the Benin president since April 6th 2016.

Patrice was born on 1st May 1958 in Benin. He is worth about $400million a fortune he earned through business in the key cotton sector and running Cotonou’s port.

8. William Ruto (Kenya)

He is a Kenyan politician and also the 5th current President of Kenya.

Full names, William Kipchirchir Samoei Arap Ruto was born on 21st December 1966 in Kamagut Kenya. Through his political career, agriculture and business investments, Ruto’s networth is $305million.

9. Nana Akufo-Addo (Ghana)

Born on 29th March 1944, he is a Ghanian politician  who previously served as Attorney General from 2001 to 2003, Minister of Foreign Affairs from 2003 to 2007 and served as President of Ghana since 2017

He was born in Accra Ghana. Believed to have earned his wealth from his law career, political career and business investments, Nana Akufo Addo has an estimated networth of $250million.

10.Paul Biya (Cameroon) 

Original names, Paul Bathelemy Biya bi Mvondo, is a Cameroonian politician who has been  Cameroon’s second president since 1982 who was also previously the Prime Minister of Cameroon from 1975 to 1982.

Paul Biya was born on 13th February 1933 in Mvomeka’a Cameroon and derives his wealth from his political career and business investments from which he has accumulated plenty of wealth and therefore with a networth of $200million.

 

With the above toping charts, there are more African Presidents who have also managed to accumulate plenty wealth via their political careers and different business investments from different sectors in Africa who include Yoweri Kaguta Museveni the President of Uganda with a networth of $50million, Abdel Fattah el-Sisi the President of Egypt with a networth of $185million among others.

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