1. Jose Eduardo dos Santos (Angola) – $20 Billion
Jose Eduardo dos Santos was the second president of Angola. He was in power for 38 years from September 10, 1979, to September 26, 2017. Surpassed only by President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea who took power about two months before him, dos Santos was the second-longest-serving president in Africa.
Between 1963 and 1970, former president Jose Eduardo was known to only have one suit and two white shirts when he was still living in Brazzaville, however, after getting into power, he amassed over $20 billion as personal wealth. The Dos Santos family has further amassed huge wealth under Eduardo’s watch as close to 70% of Angolan citizens are reported to have lived below $2 dollars a day.
2. Jacob Zuma (South Africa) – $20 Million
Jacob Zuma was the 4th president of South Africa. He held the office from 9 May 2009 to 14 February 2018 when he was forced to resign as he was facing a motion of no confidence in parliament.
Msholozi, as he’s fondly called in his clan, took home almost R3 million annually as salary when he was president. In addition to his earnings, he owns a number of businesses and properties that allowed him to make the top of the list of the richest African presidents and monarchs.
3. Robert Mugabe (Zimbabwe) – $10 Million
Robert Mugabe was the 2nd president of Zimbabwe. The now-late leader held the office from 31 December 1987 to 21 November 2017 when he resigned after his party had expelled him.
Mugabe is reported to have had a net worth of about $10 million, a fortune he amassed while in power. His assets include a Hong Kong mansion, one in Zimbabwe, and another in England among other businesses.
