Top 5 Highest Paid African Leaders
Top 5 Highest Paid African Leaders

Wondering who made the list? Let’s hand you the info without waste of time. Cameroonian President, Paul Biya topped the list of African leaders with an annual salary of $620,976. Holy wow!

Biya was followed by Morocco’s King Mohammed and South Africa’s Cyril Ramaphosa, with an annual salary of $488,604 and $223,500, respectively.

Join our WhatsApp Channel

Before we proceed, note that these insights were scoured from various country websites and data from organisations such as the International Monetary Fund and the CIA World Factbook. Alright!

Now back to the question: Who are the highest-paid African leaders at the moment? Without any doubt, African leaders are generally considered the number one citizens of their respective countries and understandably so, the leadership role bestows a lot of prestige on the person honoured with it and places them far above the average citizen.

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 the election seasons – the 2023 presidential elections in Nigeria is a case in point. Can you even digest what’s going on in that space right now? More than a mouthful indeed!

Oh well, see who made the list:

Paul Biya – $620,976

Paul Biya
Paul Biya

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.

 

King Mohammed VI – $488,604:

King Mohammed VI
King Mohammed VI

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.

 

Cyril Ramaphosa – $223,500:

Cyril Ramaphosa
Cyril Ramaphosa

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.

 

Uhuru Kenyatta – $192,200:

Uhuru Kenyatta
Uhuru Kenyatta

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.

 

Yoweri Museveni – $183,216:

Yoweri Museveni
Yoweri Museveni

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.

 

Phew! Trust the question on your mind right now: What about Buhari? How much does he take home for a salary? Sorry, but no data about his takehome is available for public eyeballs. Sorry again.

But what do you think generally about our African leaders and the huge sum they cart home? Please tell us in the comments.

Don’t forget to SHARE this post. Thanks for reading.

 

+ posts
Previous Story

Afreximbank, Titan Trust Bank Sign $300 million Deal To Provide $3bn To Traders

Next Story

Airtel, MTN, 9mobile Are Biggest Losers, As Nigerians Leave Network For Rivals

Featured Stories

37 Dead: The Cost of Lithium

Written by MARCEL MBAMALU It is now about two weeks since officers of the Nigeria Security and Civil Defence Corps (NSCDC) arrested scores

Latest from News

Air Peace Adds Embraer 190 as Fleet Expansion Continues

Written by Amanze Chinonye Air Peace has added another Embraer 190 aircraft to its fleet, bringing the number of Embraer aircraft operated by the Nigerian carrier to 18 as it continues to expand its domestic, regional and international operations, Prime Business Africa reports. 

Egypt Charges Six Matsadaash Journalists with Terrorism-Related Offences

Written by Amanze Chinonye Egyptian prosecutors have charged six journalists from independent fact-checking platform Matsadaash with terrorism-related offences after security forces detained the entire newsroom during coordinated raids across several governorates, Prime Business Africa reports.  The Supreme State Security Prosecution accused the journalists
Previous Story

Afreximbank, Titan Trust Bank Sign $300 million Deal To Provide $3bn To Traders

Next Story

Airtel, MTN, 9mobile Are Biggest Losers, As Nigerians Leave Network For Rivals

Don't Miss

Suspect Arrested Over 6 Deaths In China’s Kindergarten Stabbing

Suspect Arrested Over 6 Deaths In China’s Kindergarten Stabbing

A man who is suspected to have carried out the

Xavi Plays Down Move For Borussia Dortmund’s Haaland

Barcelona boss Xavi has come out to deny reports