Home » The top 5 highest paid African leaders
Business

The top 5 highest paid African leaders

The top 5 highest paid African leaders

In fact, many of these leaders are thought to be very wealthy individuals who take home fat paycheques just because they can. This is why many politicians fight tooth and nail to be elected leaders of their different countries during their election seasons. They’re simply attracted by the affluent lifestyle of these individuals who make a lot of money from their salaries, bonuses, and in many cases, excessive allowances.

One thing of concern is that the annual salaries of most leaders are well above the country’s GDP per capita or average wages. This is why many young citizens are curious to discover how much African leaders earn so that they can compare their pay packets with the average salaries and GDPs of other respective countries.

Using data scoured from country websites and data from organisations such as the International Monetary Fund and the CIA World Factbook, here are 15 of the highest-paid African leaders

Paul Biya is a Cameroonian politician serving as the president of Cameroon since 6 November 1982. He is the second-longest-ruling president in Africa, the longest-ruling non-royal leader in the world, and the oldest head of state in Africa.

2. King Mohammed VI – $488,604

His Majesty King Mohammed VI is the current king of Morocco. He ascended to the throne on 23 July 1999 upon the death of his father, King Hassan II. His palace’s daily operating budget is reported by Forbes to be $960,000—which is paid by the Moroccan state as part of a 2.576 billion Dirhams/year budget as of 2014—owing much of it to the expense of personnel, clothes, and car repairs.

3. Cyril Ramaphosa – $223,500

Matamela Cyril Ramaphosa is a South African businessman and politician who serves as the fifth president of South Africa since 2018 and president of the African National Congress since 2017. He is known to be one of the richest people in South Africa, with an estimated net worth of more than $450 million and has appeared in financial magazines such as Forbes Africa and Bloomberg.

4. Uhuru Kenyatta – $192,200

His Excellency President Hon. Uhuru Kenyatta, C.G.H., is the fourth and current president of Kenya under The National Alliance (TNA), which was part of the Jubilee Alliance with his running mate William Ruto’s United Republican Party (URP). He is reportedly worth a fortune of $650 million.

5. Yoweri Museveni – $183,216

Gen. Yoweri Kaguta Museveni is one of the longest serving president in Africa and on the globe, he has been the president of Uganda for 34 years and throughout that year has amassed a whopping $13 billion.

S/N Name Country Sslary (US $) GDP Per Capita
6 Abdelmadjid Tebboune Algeria $168,000 3,331
7 Teodoro Obiang Nguema Mbasogo Equatorial Guinea $152,680 8,132
8 Emmerson Mnangagwa Zimbabwe $146,590 2,583
9 Denis Sassou Republic of Congo $108,400 457
10 Alassane Ouattara Ivory Coast $100,000 2,281
11 George Weah Liberia $90,000 654
12 Paul Kagame Rwanda $85,000 2,393
13 Nana Akufo-Addo Ghana $76,000 2,188
14 Lazarus Chakwera Malawi $74,300 399
15 Muhammadu Buhari Nigeria $69,000 2,149

Add Comment

Click here to post a comment

Categories

Newsletter

Loading