Among the best-paid sitting president in Africa is the president of the Republic of Congo, Denis Sassou with an annual salary of $110,000. This is an estimation of the total take-home per annum of the top highest-paid CEOs in South Africa according to recently published reports. These political leaders amass wealth in a continent where the majority of her residents are living in abject poverty. Cyril Ramaphosa is the 5th and current president of South Africa. He is the son of the former president of the county Omar Bongo. Hassan Sheikh Mohamoud was the 8th President of Somalia who served the country in the prestigious position from September 16, 2012, to February 16, 2017. South African president Cyril Ramaphosa is expected to earn a salary of R3.9 million in 2019, making him one of the best paid presidents in the world. SOUTH AFRICA GDP per capita: $7,331.46. The president of South Africa, Cyril Ramaphosa is the third highest-paid African president with an annual salary of $251,127 (R 2,900,000). Adama Barrow is a prominent real estate developer in the Gambia who is also the current President of this West African nation. The then president (Gadaffi) has really to see stable and good economy been witnessed by the citizen today. 10. However, according to a 2020 report, president Kenyatta has agreed to take a voluntary cut of 80%. The Cameroon presidents earn 229 times what an average Cameroonian earns. President Paul Biya has been ruling Cameroon since 6th November 1982, making him one of the current long-serving Non-royal heads of state in the continent and the world at large. This position comes with a lot of responsibilities, power as well as financial benefits. Although the position of the president of a country can be regarded as the highest that can be achieved in a country. When going through a list of highest-earning presidents, no one expects to find the president of a country with a $348 per capita income. As a matter of fact, he has held that position since July 23, 1999. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! There are a few African leaders whose love for power can rival that of Comoros’ President, Azali Assoumani. He earns $117,060 per annum. Mohammed VI of Morocco – Net Worth: – $2.5 billion; First in our list is the Morrocan Monarch also the president. The figures below represent only their basic salary and do not include other outrageous amounts they pocket in the name of allowance. Equatorial Guinea president, Teodoro Obiang Nguema Mbasogo is one of the wealthiest head of states and among the best-paid presidents in Africa with an annual salary of $150,000. Top 10 African presidents by earnings (salaries) Paul Biya, Cameroon. He is said to pocket an annual salary of $65,000. Answer. During his father’s presidency, he was Minister of Foreign Affairs from 1989 to 1991 and represented Bongoville as a Deputy in the National Assembly from 1991 to 19… SHARES. Don't be caught. The list of the highest paid celebrities in South Africa is dominated by actors and media personalities who are between twenty and fifty years old. With years of experience, it is not surprising that the highest paid CEO in South Africa comes from the major and well performing companies. His father Omar Bongo held the position of president of Gabon from 1967 until his demise in 2009. He assumed office on October 16, 2009. Date of Birth: 9th of February 1959; Assumption of office: 16th of October 2009; Salary: $65,000. He is the highest paid African president. That being said, he receives an annual income of $105,000. by. Mnangagwa pockets a whopping $146,590 annually as salary. Nguesso has been the president of the Republic of Congo since 1997; he was previously President from 1979 to 1992. His father Omar Bongo held the position of president of Gabon … Things To Know About Alexander Hamilton and Why He is on $10 Bill. In 2006, his son was accused of diverting oil sales and spending thousands of dollars, shopping in Dubai. Highest paid Africa presidents in 2020 and their Annual base pay: There is no gainsaying that African leaders heap a lot of benefits, especially in monetary terms.They are ranked among the highest-paid state leaders in the world, despite their countries being undeveloped, with high rates of unemployment and inflated wage bills. Fayez al-Sarraj is the internationally recognized Libyan Prime Minister and head of the Presidential council. Nothing is wrong with that except that the continent is vastly regarded as the least-developed. Michel belongs to Brazilian Democratic Political party. He was sworn in on the 28th of June 2020. He is said to have a net worth of $500 million. Det er uden tvivl, at afrikanske ledere springer en masse fordele, især monetære. Paul Biya of Cameroon Is the Highest-Paid African President 20. He received a salary amounting to $81,075.96 per annum, making him one of the richest leaders in Africa. Did Ted Kennedy Have Children Or Siblings At The Time Of His Death? How Africa March 20, 2020, 11:40 am. South Africa boasts a lot of successful CEO’s in almost every sector – banking, oil and gas, sports, health and manufacturing. Before becoming the President of South Africa in February 2018, he served as Deputy President from 2014 – 2018. President Umaro Sissoco Embaló will be inaugurated on February 19, 2020 Head of government: Prime Minister Faustino Imbali (since October 29, 2019) He was born on November 17, 1952, and is a graduate of Law from the University Of Limpopo, South Africa. The presidents below are some of the Lowest Paid Presidents in Africa, 2018: 1. His reign has seen drastic human rights reforms, economic reforms, and has given women more rights than they ever had in the country. Trods er de blandt de højest betalte statsledere i ordet This post contains a list of the richest African pastors for 2020. Uhuru Kenyatta is the president of Kenya and one of the highest-paid African leaders with an annual salary of $166,000. Uhuru Kenyatta is the president of Kenya and one of the highest-paid African leaders with an annual salary of $166,000. There are quite a good number of presidents earning and receiving a huge amount of money every year. Second on the list of highest-paid African leaders is King Mohammed VI with an annual salary of $480,000, according to Africa Review. This list does not portray the net worth of African presidents rather what they take home as salary annually. The highest paid actor gets around R120,000. Asked by Wiki User. The electrical engineering professional joined MTN in 1999 and rose through the ranks to become the president and CEO. Highest paid president in Africa? Michel Temer was elected as the President of Brazil after Dilma, the 36th president of the country was suspended after her impeachment in 2016. Below is top 10 list of highest-paid CEOs in South Africa:- Earlier, he served as the country’s deputy prime minister from April 2008 – April 2013. He is the fifth President of Ivory Coast and an economist by profession. Ali Bongo Ondimba of Gabon. He has been president since 1979. He hails from an affluent family that has always held a high position in government since the time of the Libyan Monarchy. He was sworn into office on January 7, 2017, during an inauguration ceremony which was held at the Black Star Square in Accra, in the presence of about 12 heads of states from Africa and Europe. Egyptian president Abdel Fattah al-Sisi pledged to give up half his salary – and property – in 2014 when the country’s economy retracted after the upheaval of the Arab Spring. Acting pays well in South Africa. He was born on November 17, 1945, and had his higher education at the National School of Administration in Paris, France. Being a celebrity comes with many positives as the fame and adulation from fans do great things for an artist's status. Yoweri Museveni is the president of Uganda, a position he has held since 1986. Serving as America’s second lady for two consecutive terms did not make Jill Biden give up her career path as an educationist. He earns an annual salary of $120,000. Who Is Joe Biden’s Wife – Jill Biden And What Does She Do For A Living? He came into power on the 24th of November 2017 following a coup launched by the Lacoste faction of ZANU-PF, which led to the resignation of late President Robert Mugabe. Uhuru Kenyatta is the son of Kenya’s first-ever president, Jomo Kenyatta. Though Africa is not rated as one of the developed continents in the world, some of its presidents earn salaries that will blow your mind. This desert and oil-rich country in the Maghreb region in Africa is mostly known for four decades of rule by Muammar Gaddafi and the chaos that followed after his death. Mr Biya has been in office for three and a half decades. During his time, he was named among the highest-paid leaders in the world with a whopping annual salary of R2.9 million ($200,411). His annual salary is said to be $99,241. He earns US$21,174.67.00 every month. He is worth $1 billion. Jacob Zuma, South African president is the highest paid in … He assumed office on October 16, 2009. He assumed the office of president on the 9th of April 2013 and is currently in his second term. Forbes magazine has said that Obiang, with a net worth of US$600 million, is one of the world’s wealthiest heads of state. Irrespective of whatever anyone feels, he takes home an annual salary of $183,216. However, according to a 2020 report, president Kenyatta has agreed to take a voluntary cut of 80%. Previously an anti-apartheid activist, trade union leader, and businessman, Ramaphosa served as the Deputy President of South Africa from 2014 to 2018. He pockets $100,000 every year as his basic salary. However, according to a 2020 report, president Kenyatta has agreed to take a voluntary cut of 80%. He was previously the Prime Minister of Somalia and currently the 9th president of Somalia. Top 10 Richest President In Africa 2020 King Mohammed VI of Morocco 1. Notify me of follow-up comments by email. Abdelaziz Bouteflika; … He is the third and current president of Namibia, in office since 21 March 2015. Africa is considered to be the most religious continent in the world with more than 200 religions present in it. Ali Bongo Ondimba ($1 billion) Ali Bongo Ondimba is the president of Gabon and among the top richest presidents in Africa. Sh. African heads of governments are among the highest paid in the world despite the continent’s many challenges. The Bidens are a well known political family in America that is led by the family patriarch, former vice-president Joe Biden. Ali Bongo is the son of Omar Bongo, who was President of Gabon from 1967 until his death in 2009. Peter Mutharika was the head of state and head of government of Malawi. She made history as Africa’s first female head of state. He earns a whopping $620,976 annually which includes his basic salary, premium fees, fees of sovereignty, housing and transportation, and monthly allowances. Having been at the helm of leadership in Equatorial Guinea since August 3, 1979, following the ousting of his uncle, Teodoro Obiang Nguema is the longest-serving president in Africa. Net Worth: $1 billion; The 20th African president with the highest annual salary is Ali Bongo Ondimba. He came into power on April 22, 2000, and has successfully suppressed the aftermath of the bloody genocide of 1994 through several economic and legal reforms as well as criminalizing denial of historical revisionism of the genocide. 2011-10-19 16:37:52 2011-10-19 16:37:52. Before becoming president in 2015, Geingob served as Namibia’s prime minister from 19990-2002 and 2012-2015. 7. Sadly, most of the leaders are seemingly more interested in becoming wealthy through dubious means and this has seen them legitimatize earning enormous pay for services they mostly don’t render or don’t even know how to. Cyril Ramaphosa, South Africa – $251,000, 4. He is currently the acting presiden… Paul Biya is a Cameroonian politician who has been the President of the country since November 1982, making him the second longest-ruling non-royal head of state in the world. Some of these celebrities have changed careers to focus on their talents. He has also served as the 24th Vice President of the country. Sh. Top Answer. And even with the current political chaos and deteriorating security, the average monthly net salary after tax in Libya is $1,713.77, far better than all other African countries, even those with stability. Mostly because they want to cut government spending and improve the welfare of their people. John Dramani served as the president of Ghana from 24th July 2012 to 7th January 2017. 2. Emmerson Mnangagwa is the 3rd and current President of Zimbabwe. Besides that, he is also the current president of Kenya. Abdelmadjid Tebboune, Algeria – $168,000, 6. Politics has become a very lucrative career. Edgar Lungu, President of Zambia (Yearly Salary- $98,000) Compiled by My Wage. Cameroonian President Paul Biya is Africa’s highest paid President with $601,000 in a year. During his youthful days, he was very vocal in the struggle to bring apartheid to an end in the country. He earns $65,000. He earned a basic salary of $42,000. It is reported that 34% of his salary goes to charity. King Mohammed VI of Morocco is the richest president in Africa – 2019 with an estimated net worth of about $5.8 billion! Teodoro Obiang Nguema Mbasogo, Equatorial Guinea – $150,000, 7. The pay cut could reduce his salary to just over Ksh.288,000 per month. Life And Death of Ted Kennedy: The Former US Senator Who Died of Cancer. In his time, his yearly salary was around $76,000. Top 10 Highest Paid Presidents in Africa 2020 1. President Uhuru Kenyatta has pointed out that Kenyan teachers are the third highest paid in Africa. He takes home an annual salary around $168,000. Hage Geingob is the current President of Namibia. In Zambia, the annual presidential … The major source of this country has lie solely on the exportation of oil and its derivatives. Who Are Joe Biden’s Daughters And What Do They Do For A Living? She is... Alexander Hamilton, who is one of America’s founding fathers, was a strong opponent of slavery and was an early member of the New York... Ted Kennedy was a United States senator who made history in the country as a result of his long service in office. Wiki User Answered . Denis Sassou Nguesso has been President of Congo-Brazzaville since 1979. South African television shows pay newcomers approximately R22,000 a month. 520. Ian Khama served as the president of Botswana. King Mohammed, Morocco. African presidents are not just powerful, but also very wealthy. The organization is principally charged with gathering revenue on behalf of... As part of its effort to equip citizens with modern skills and tools to live in the 21st century, the Kenyan government has made... Joe Biden is one man who will remain in the public consciousness for some time to come. Goodluck Jonathan of Nigeria. He earns $223,500 and is one of the richest men in South Africa with a network of $450 million. Uhuru Kenyatta is the president of Kenya and one of the highest-paid African leaders with an annual salary of $166,000. He receives $488,604 per annum as salary and is said to be the richest King in Africa with a net worth of $2.1 billion. During his inauguration, he expressed his desire to tackle corruption, illiteracy, and improve living conditions. Before becoming president, he held the position of prime minister from November 1990 – December 1993 and that of deputy managing director of the IMF from July 1994 – July 1999. President Mohamed Abdullahi Farmajo is among the highest-paid sitting African president with an annual salary of $120,000. Also Read: Top 10 Richest Countries in Africa 2020 . Mohamed Abdullahi Farmajo, Somalia – $120,000, 9. President of Zambia. Ali Bongo Ondimba (born Alain Bernard Bongo; 9 February 1959), sometimes known as Ali Bongo, is a Gabonese politician who has beenPresident of Gabonsince October 2009. January 22, 2018, would always be remembered in the history books in Liberia; not just because it was the day George Weah was sworn in as the 25th President of Liberia but also because he broke records by becoming the first former professional footballer to become the President of a country. While a huge percentage of its citizens live below the poverty line, Denis walks home with $108,400 annually as salary. Lazarus Chakwera is the 6th and current President of Malawi. Abdelmadjib Tebboune was elected in December 2019 and took power from former President Abdelaziz Bouteflika and former Acting Head of State Abdelkader Bensalah. Here is a list of the 10 highest paid African presidents for you to decide whether they deserve the millions they are pocketing depending on their country’s economy. While some love him for toppling tyrants like Idi Amin and Milton Obote, others despise him for involving Uganda in the crisis with the Lord Resistance Army, the scrapping of term limits, and the high rate of poverty in the country. Paul Kagame is the fourth and current President of Rwanda. Similarly, in 2016, President Khama’s salary was amended, together with that of cabinet ministers, the judiciary, and parliamentarians. (adsbygoogle = window.adsbygoogle || []).push({}); –> Ali Bongo Ondimba was born on 1959 February 9 th. Several sources claim Paul Biya has a net worth of $200 million. In 2012, he received a three percent salary increase, earning $66,713 per annum. Jacob Zuma, South African president is the highest paid in the continent earning $272 000 per year, he was ranked fourth in the world. 14 Dezember 2020 | Politik. The pay cut could reduce his salary to just over Ksh.288,000 per month. A research conducted by Africa Review ranked Paul Biya as the highest-paid African president with an annual salary of $630,000. The Kenya Revenue Authority (KRA) is an establishment owned by the Kenyan government. The tale of the tragic leadership problem in Africa is a story for another day, let’s look at how much African presidents earn. Cameroonian president Paul Biya tops the list of the highest paid heads of state in Africa with a monthly salary of Sh5.3 million. Poverty has its headquarters in Africa and from poor health to illiteracy and malnutrition, African leaders have a lot of things to fix if they must pocket massive salaries. He was birthed August 1963 in Rabat, the capital of Morocco. In 2017, Kenyatta’s salary was cut by 13% to 17.3 million Kenyan shillings ($166,000), according to Quartz Africa. Before becoming president, Fayez who is a professional architect served as Minister of Housing and Utilities during the regime of Colonel Muammar Gaddafi. He isn’t new on the Ghana Political terrain, before becoming president he served as minister of foreign affairs from 2003-2007. Kenya’s politicians are among the highest paid on the continent. The pay cut could reduce his salary to just over Ksh.288,000 per … Don't Copy. Some political leaders are not only powerful but also rich. (Note that Lungu’s pay here does not include his pay as minister of defence. Cyril Ramaphosa; Cyril Ramaphosa is the fifth president South Africa. Zuma Jacob served as president of South Africa from May 2009 to February 2018. José Eduardo dos Santos is an Angolan politician who was the President of Angola from 1979 to 2017. His salary and that of his ministers were hiked in 2012, causing an uproar among Ghanaian citizens. Below is the salaries list for ten of the highest paid presidents in Africa. Despite presiding over one of Africa’s poorest and unpopular countries, he still takes home one of the best pay-check on the continent. As a result, the President’s monthly salary went up from $4,240 to $6,357. A year after becoming President, Kenyatta slashed the salaries of several government officials. He gets an annual salary of $103,400, which will likely increase as Dilma added a 10% slice in it, to represent a good image in her court cases. His style of rule is best described as a legal dictatorship as the constitution gives him the power to issue a decree whenever he deems it fit. Share Tweet Get Stories like this According to a report published by the African Review, a publication based in Kenya, Ugandan president Yoweri Museveni is among the least paid African Presidents. Save my name, email, and website in this browser for the next time I comment. Remember these payments compiled by My wage are just bare salaries, they do not include special allowances. As a result of his policies, Rwanda is one of the fastest-growing economies in Africa; hence his annual salary of $85,000 isn’t seen as a rip-off. Teodoro Obiang Nguema Mbasogo who has been president of Equatorial Guinea for 41 years and counting takes the lead. In 2017, Kenyatta’s salary was cut by 13% to 17.3 million Kenyan shillings ($166,000), according to Quartz Africa. Biya was born on February 13, 1933, and was educated at the National School of Administration, Paris. He was inaugurated as president on January 19, 2017, and demanded that his cabinet members declare their assets before being sworn in. Alassane Ouattara is the current President of Côte d’Ivoire; he came into power on the 4th of December 2010 and is currently serving his second term as President. Isaias Afwerki , Eritrea’s President. President Hage Geingob of Namibia is one of the highest-paid presidents in Africa with an annual salary of $100,000. The first Kennedy to... 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This is a list of salaries of heads of state and government per year, showing heads of state and heads of government where different, mainly in parliamentary systems.Often a leader is both in presidential systems.Some states have semi-presidential systems, where the head of government role is fulfilled by both the listed head of government and the head of state. Mohammed VI took power in 1999 and is reported to earn 68 times more than an average Moroccan citizen yearly. Rwanda’s president, Paul Kagame is ranked tenth, earning only $85 000 per year. He won re-election in the presidential election in 2016. Abdelmadjid Tebboune is the 8th and current president of Algeria. Content is protected by the Digital Millennium Copyright Act (DMCA). Although African leaders are said to be among the highest earning presidents, there are still others who earn close to nothing every month. President Azali is among the best-paid sitting president in Africa with an annual salary of $115,000. This saw him take a pay-cut from $192,200 to $155,000 yearly. He assumed office on the 21st of March 2015 thus making him the third president of Namibia. Lazarus is set to earn a basic annual salary of $74,300 in a country where the rural areas make up 85% of the population. A number of presidents in Africa have hypocritical small salaries but have control over their countries’ resources either personally or through family members. He earns about $152,680 yearly. Today, he is one of the highest-paid leaders in the world. He owns several properties in … He has been in power since 2009 October. He earns an annual salary of $90,000. Museveni earns $13,000. In 2017, Kenyatta’s salary was cut by 13% to 17.3 million Kenyan shillings ($166,000), according to Quartz Africa. According to Africa Review’s estimates, he earns about 22 times more than an average South African citizen. President Abdelmadjib Tebboune of Algeria is among the best paid African president with an annual salary of $168,000. Despite their countries being underdeveloped, this does not stop them from taking home inflated wage bills. 35 36 37. Christianity is one of such religions which is largely practised in Africa as a continent. 4,132,000. Uhuru Kenyatta is the president of Kenya and one of the highest-paid African leaders with an annual salary of $166,000. Paul Biya – About $610,000 per year The president of Cameron Paul Biya is the first on our list of Top ten highest-paid presidents in Africa and also one of Africa’s most respected presidents. He led the executive branch of the Government of Malawi and was the commander-in-chief of the Malawian Defence Force. He became president following the resignation of Jacob Zuma. 3. His basic annual salary is $76,000. Ellen Johnson was the President of Liberia between 2006 and 2018. Nana Akufo is the current President of Ghana. Sam Nujoma wird aus dem Krankenhaus entlassen . This is evident when comparing what the president earns with the country’s GDP and minimum wage paid to the country’s workers. In this article, we’ll be looking at the top 10 highest paid African presidents. However, according to a 2020 report, president Kenyatta has agreed to take a voluntary cut of 80%. He was paid a whopping $125,000 per month ($1,500,000 per annum). Africa is a resource-rich continent a reason African presidents are ranked among the highest earners in the world. The president receives a $14,000-a-month basic salary ($168,000 annually), now $11,000 effective the pay cut. Even though the continent is blessed with natural resources… She received $90,000 per annum as her basic salary and was listed as the 70th most powerful woman in the globe by Forbes in 2014. He has been ruling Morocco … People living in Africa have over the years lamented their continent’s over-dependence on other regions. Before he assumed office on December 19, 2019, he served as prime minister from May 2017 – August 2017. 5,251,048.9. Before becoming President in 2016, he had held the position of president on two occasions; from 1999 to 2002 and again 2002 to 2006. Windhoek (ste) - Am Samstagmittag gab Präsident Hage Geingob bekannt, dass der namibische Gründungspräsident, Sam Nujoma, aus dem Krankenhaus entlassen worden sei. 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