It is sad that despite the presence of this abundant rich resources, Africa is still plagued by poverty as the majority of Africans are barely buoyant financially. Not just that, including lack of proper and basic amenities that would improve the living standard of the vast population. On this note, the African presidents (selected by election) or Monarchs (Kings)seems to be less concerned or move by these conditions but are busy enriching themselves, this is factual because they are known to be among the wealthiest individuals in Africa and a large chunk of African citizens believe that the office of the president is used to swell up the bank accounts of African presidents and their families. Thus, it is against this backdrop that this article will focus on the Top Ten Richest Presidents in Africa.

Find list of the richest African presidents and their financial worth below.

1. Jose Eduardo dos Santos

Net Worth: $20 Billion

Country: Angola

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. 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.

2. Mohammed VI of Morocco

Net Worth: $2.5 Billion

Country: Morocco

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.

3. Teodoro Obiang Nguema Mbasogo 

Net Worth: $600 Million

Country: Equatorial Guinea

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. Equatorial Guinea is Africa’s second richest nation.

4. Uhuru Kenyatta

Net Worth: $500 Million

Country: Kenya

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.

5. Paul Biya

Net Worth: $200 Million

Country: Cameroon

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.

6. King Mswati III

Net Worth: $100 Million

Country: Swaziland

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.

In the 2014 budget, parliament allocated $61 million for the King’s annual household budget. His luxury car collection include a $500,000 Daimler Chrysler’s flagship Maybach 62. And has banned the photography of his cars.

7. Goodluck Jonathan

Net Worth: $100 Million

Country: Nigeria

Goodluck Jonathan is the President of Nigeria. His net worth is estimated to be around $100 million.

UPDATE: Goodluck Jonathan lost the 2015 General Election to Muhammadu Buhari

8. Idriss Deby

Net  Worth $50 million.

Country: Chad

Idriss Deby has been the President of Chad since 1990. His net worth is estimated to be $50 million.

9. Robert Mugabe

Net Worth: $10 Million

Country: Zimbabwe

Robert Mugabe is the President of Zimbabwe. His net worth is estimated to be around $10 million. His family is very wealthy

About the Author

Sande Kennedy is the founder and Editor in Chief of SandeKennedy.co.ke & Kenyans247.co.ke He is a Kenyan-based Internetprenuer,blogger Political Activist & informer who has an interest in politics, governance, corporate-fraud and human-interest. Kindly drop me a note if you feel aggrieved on any matter that you would want to be highlighted  Twitter: @nyosake , Instagram: @itssandekennedy WhatsApp: +254791890826 Read More about me here