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Top 10 Richest Presidents in Africa
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Over half of the nations in Africa are considered to be the poorest countries in the world. Although Africa is perceived as a poor continent, most of our influential leaders are worth millions of dollars. According to Forbes 2018 ranking of the world’s billionaires, Nigerian business magnate Aliko Dangote with a net worth of $13.8 billion is the world’s richest black person.
Uganda’s Yoweri Museveni is the highest earning East African head of state with a monthly salary of Sh1.5 million, followed closely by our very own Uhuru Kenyatta with a monthly pay of Sh 1.4 million. Rwanda’s Paul Kagame comes a distant third, earning half of what his Kenyan counterpart gets. Uhuru Kenyatta earns Sh1.4 million while his deputy William Ruto is entitled to between Sh1 million and Sh1.4 million per month. It means that even Kenya’s deputy president is better paid than most African presidents who do not receive even a million shillings monthly.
Cameroonian president Paul Biya tops the list of the highest paid heads of state in Africa with a monthly salary of Sh5.3 million. Mr Biya has been in office for three and a half decades. Mr Biya’s salary is close to that of top corporate executives in Kenya such as the Kenya Commercial Bank Group’s CEO Joshua Oigara who revealed two yeas ago that he earns Sh4.9 million monthly in salary and allowances. However, even then Cameroonian president’s salary is just about half that of Safaricom’s CEO Bob Collymore who in 2015 revealed that he was earning an average of Sh9 million monthly.
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