A US website, Richestlifestyle.com has published its 2014 Africa Rich list which ranks Nigeria’s leader, President Goodluck Jonathan the sixth richest with a net worth of $100 million, about N16 billion.
The leader of oil rich Angola, Jose Eduardo dos Santos, who has been at the helms for 34 years is ranked number one, with a net worth of $20 billion. His wife is the richest African woman on earth, with an estimated worth of $3.8billion, making her shove our Folorunso Alakija aside as Africa’s and world’s richest African woman.
Here is the full report as culled from AIT website:
Africa is the second largest continent in the world. It is also world’s second most populous continent and regarded as the poorest continent. There are 47 nations in Africa, led by different leaders who have been ruling for several decades. Some of these leaders and their families are very rich and their wealth are considered ill-gotten. They make their wealth from natural resources of these nations through the creation of companies under the names of their families. Here is a brief overview of the richest Presidents in Africa.
The 9 Richest African Presidents and Kings as of 2014:
9) Robert Mugabe – Net Worth: $10 Million
Country: Zimbabwe, Years in Power: 26
Robert Mugabe is the President of Zimbabwe. His net worth is estimated to be around $10 million. The dictator’s family is very wealthy. Mugabe has won many elections, although frequently these have been criticized by outsiders for violating various electoral procedures.
8) Idriss Deby – Net Worth: $50 Million
Country: Chad, Years in Power: 23
Idriss Deby has been the President of Chad since 1990. His net worth is estimated to be $50 million. Towards the end of August 2006, he made international news after calling for his nation to have 60 percent stake in its output after receiving crumbs from foreign companies running the industry.
=6) Goodluck Jonathan – Net Worth: $100 Million
Country: Nigeria, Years in Power: 4
Goodluck Jonathan is the President of Nigeria. His net worth is estimated to be around $100 million. He launched a “Roadmap for Power Sector Reform”, launched the Youth Enterprise with Innovation in Nigeria and launched the Transformation Agenda. He is a member of the ruling “People Democratic Party”.
=6) King Mswati III – Net Worth: $100 Million
Country: Swaziland, Years in Power: 28
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; down $100 million of his 2012 ($200 million) fortune. The King has often been criticized for his lavish spending. In 2009 summer, 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. And has banned the photography of his cars.
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.
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.
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 exceed $600 million, according toForbes Magazine. 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, majority of the population actually live under the poverty line.
2) Mohammed VI of Morocco – Net Worth: $2.5 Billion
Country: Morocco, Years in Power: 15
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 and he immediately set about improving upon his appalling human rights record and alleviating poverty.
1) Jose Eduardo dos Santos – Net Worth: $20 Billion
Country: Angola, Years in Power: 34
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. While around 70 percent of Angolans live on less than two dollars a day. 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.
The same outfit, Richestlifestyle has revealed that, men of God from Africa especially Nigeria are the richest of the world’s preachers. And leading the pack of the world’s richest pastors with a staggering networth of almost twice of the rest of the top 10, put-together is the founder of Living Faith Tabernacle otherwise known as Winners Chapel, Bishop David Oyedepo who’s on the wanted list of the British authority for an alleged money laundering case.
Bishop Oyedepo is holding the record of the richest Pastor in the world followed by Pastor Chris Oyakhilome, while T.B Joshua, Ashimolowo, and Chris Okotie made the 7th, 8th and 9th number respectively on the list.
Below are the list..
1) David Oyedepo – Net worth: $150 Million (Nigeria)
Bishop David Oyedepo is the richest pastor in Nigeria and the world. He is the founder of the Living Faith World Outreach Ministry. Ever since he founded this ministry in 1981, it has grown to become one of Africa’s largest congregations. He hosts three services every Sunday in The Faith Tabernacle. This prosperous pastor owns private jets and homes in the US and the UK.
2) Chris Oyakhilome – Net worth: $50 Million (Nigeria)
Chris Oyakhilome’s church Christ Embassy has more than 40,000 members, several of whom are successful entrepreneurs and politicians. This pastor’s diversified interests include magazines, newspapers, a TV station, a record label, hotels, satellite TV and real estate.
3) Benny Hinn – Net worth: $42 Million (United States)
This Israeli-American televangelist earned wealth through his ministry and evangelical program. He is well-known for his regular miracle healing crusades, which are held in large stadiums in major cities and broadcasted in the TV.
4) Creflo Dollar – Net worth: $27 Million (United States)
This American televangelist, pastor is also a Word of Faith teacher. He is a founder of the non-denominational World Changers Church International. He has built a multimillion dollar ministry on the message “It is the will of God for you to prosper in every way.”
5) Billy Graham – Net worth: $25 Million (United States)
Billy Graham is a southern Baptist. He earned celebrity status when his sermons were broadcast on radio and TV stations all over the USA. He founded the Billy Graham Evangelist Association in 1950.
6) T. D. Jakes – Net worth: $18 Million (United States)
Bishop T. D. Jakes is the apostle/bishop of The Potter’s House, a non-denominational American mega-church that has over 30,000 members. His ministry’s annual revival MegaFest draws more than 100,000 people.
7) T.B. Joshua – Net worth: $15 Million (Nigeria)
Prophet Temitope Balogun Joshua is Nigeria’s most powerful, controversial and philanthropic preacher. He heads the Synagogue Church of all Nations (SCOAN), a congregation he founded in 1987. The Christian minister, televangelist and faith healer is a big giver; his humanitarian works include education, healthcare and rehabilitation programs. He is the owner of Emmanuel TV, a Christian television network.
8) Matthew Ashimolowo – Net worth: $10 Million (Nigeria)
Matthew Ashimolowo’s Kingsway International Christian Center is the largest Pentecostal church in the UnitedKingdom. It has assets worth more than $40 million and earns profit of more than $10 million.
9) Chris Okotie – Net worth: $10 Million (Nigeria)
Chris Okotie was a pop musician in the 1980s. He embraced the Bible and set up the Household of God Church, one of Nigeria’s most flamboyant congregations. He is an automobile lover and owns several posh cars which include a Mercedes S600, Rolls-Royce, Hummer and Porsche.
10) Joseph Prince – Net worth: $5 Million (Singapore)
Annual salary of this Singaporean pastor is $550,000. Pastor Joseph Prince is the senior pastor of the New Creation Church in Singapore. The New Creation Church’s financial income was reported at $44.7 million US dollars in 2008. He hosts a religious program called “Destined to Reign.” He has addressed many congregations worldwide.