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06 Jan, 2020 | Posted By: staff reporter
Forbes Zimbabwean President Richest President In Africa

Forbes: Zimbabwean President Richest President in Africa $1.8 Billion USD, one of the poorest country

President Mnangangwa is the richest man in Africa with his empire expanding from Petroleum, Renewable Energy, Mining and various other enterprises.

His companies include Mine Tech, a landmine clearance company that secured lucrative contracts from the Zimbabwean government to clear landmines in Zimbabwe border areas after the war, M&S, Zidco Holdings and Zidlee Enterprises.

Also companies reportedly owned stakes in are FBC Bank, Lobels Bread, SMM Holdings, Catercraft and Tregers, Zuva Petroleum & Shareholder in the controversial Sakunda Holdings.

Like most of Mugabe’s trusted lieutenants, he also allegedly seized a farm from a white owner called Koos Burger, 1600-hectare Sherwood farm in Kwe Kwe without compensating its white owner.

According to the the United Nations Security Council reports in 2002 and 2003, President Mnangangwa is supplemented by his involvement as one of the illegal mineral exploiters in the Congo. The report named Mnangagwain a long-standing United Nations investigation into the looting of the Congo’s mineral wealth.

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Consequently, here is a list of the top 10 Richest Presidents in Africa 2019 with reference to Forbes, People With Money magazine, CelebrityNetWorth:

1 King Mohammed VI ($5.8 billion) – Morocco
2 Ali Bongo Ondimba ($1 billion) – Gabon
3 Teodoro Obiang Nguema Mbasogo ($600 million) – Equatorial Guinea
4 Uhuru Kenyatta ($500 million) – Kenya
5 Paul Kagame ($500 million) – Rwanda
6 Cyril Ramaphosa ($450 million) – South Africa
7 King Mswati III ($200 million) – Swaziland
8 Abdel Fattah el-Sisi ($185 million) – Egypt
9 Isaias Afwerki ($100 million) – Eritrea
10 Idriss Déby ($50 million) – Chad

The Wikileaks exposed lend credence to claims that as finance secretary, Mnangagwa controlled Zanu-PF’s octopus-like business empire spanning motor vehicles, duty-free shops, banking, airline catering, mining, retail, food processing, agriculture and manufacturing.

If that’s not enough his alleged to own 25% of the Mnangangwa boy’s companies.

His worth is well covered through his family members, trusted aids & alleged mistresses.


ABOUT AUTHOR

staff reporter
staff reporter
Staff Reporter for Zimbolivenews.com & Zimbolivetv.vom



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