5) Jacob Zuma (South Africa)
The South African politician has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics.
He also owns several restaurants (the “Fat Zuma Burger” chain) in Pretoria, a Football Team (the “Nkandla Angels”), has launched his own brand of Vodka (Pure Wonderzuma – South Africa), and is tackling the juniors market with a top-selling perfume (With Love from Jacob) and a fashion line called “Jacob Zuma Seduction”.
4) Uhuru Kenyatta (Kenya)
Uhuru Muigai Kenyatta son of Kenya’s first President, Jomo Kenyatta, is the fourth and the current President of Kenya. He has been in office since 9 April 2013 and is one of the richest men in Kenya. 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.
3) Teodoro Obiang Nguema Mbasogo (Equatorial Guinea)
President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea came into power in August 1979 by ousting his uncle Francisco Macias Nguema in a military coup.
The President and his family literally own the country’s economy, his personal fortune exceed $600 million, according to Forbes Magazine.
2) Mohammed VI (Morocco)
Morroccan President, King Mohammed VI is the is the country’s leading businessman with Net worth of over $2.5 billion, according to Forbes.
The King ascended to the throne following his father’s death in 1999 and promised he would tackle poverty and corruption in Morocco, reduce unemployment and improve human rights status in the country.
1) Jose Eduardo dos Santos (Angola)
President Jose Eduardo dos Santos of Angola who has been in power for over 34 years is the richest African president. While about 70 percent of Angolans live on less than two dollars a day, Eduardo dos Santos estimated wealth exceed $20 billion.
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.
Extract From: Howafrica
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