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Goodluck Jonathan Is 6th Richest African President

According to richlifestyle.com, Nigerian President Goodluck Jonathan is the 6th richest head of state in Africa.

Nigerian President, Goodluck Jonathan, is not the leader of Africa's most populated country for nothing; he is also one of the richest heads of state in the continent, according to a recent list published online.

This revelation is contained in the result of a research conducted by a United States based website, Richest Lifestyle, which has placed Jonathan as the sixth Richest African president.

The report titled Richest African Presidents 2014, the website named the president of oil rich Angola, Jose Eduardo dos Santos, as the richest president in Africa with a net worth of $20 billion while King Mohammed VI of Morroco is second with $2.5 billion while our own GEJ comes in 6th place with a paltry $100 million dollars.

This is how richestlifestyle.com rated the African presidents:

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1. Jose Eduardo dos Santos – (Angola) Net Worth: $20 Billion

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.

2. King Mohammed VI of Morocco – (Morocco) Net Worth: $2.5 Billion

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.

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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.

3. Teodoro Obiang Nguema Mbasogo – (Equatorial Guinea) $600 Million

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 to Forbes 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.

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4. Uhuru Kenyatta – (Kenya) Net Worth: $500 Million

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.

5. Paul Biya – (Cameroon) Net Worth: $200 Million

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, though an estimated 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. He was criticized for spending 30,000 euros ($40,000) per day on renting a villa.

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6. Goodluck Jonathan – (Nigeria) Net Worth: $100 Million

Goodluck Jonathan is the President of Nigeria. His net worth is estimated to be around $100 million. He has achieved a lot in his four years at the helm of affairs and launched a Roadmap for Power Sector Reform, which has brought in a lot of reforms in his country. He also launched the Youth Enterprise with Innovation in Nigeria and launched the Transformation Agenda. He is a member of the ruling Peoples Democratic Party.

7. King Mswati III – (Swaziland) Net Worth: $100 Million

King Mswati III of Swaziland is rated as the 15th richest royal in the world, according to Forbes Magazine. 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.

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His luxury car collection include a $500,000 Daimler Chrysler’s flagship Maybach 62.

8. Idriss Deby – (Chad) Net Worth: $50 Million

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.

9. Robert Mugabe – (Zimbabwe) bNet Worth: $10 Million

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.

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