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Below is a list of the highest paid presidents in Africa:
Since 1982, Paul Biya has presided over Cameroon. He is one of the most influential people in Africa and, at 88, the oldest head of state there. Paul Biya receives a yearly salary of $620,976. That is even more than Joe Biden, the vice president of the United States, earns annually and is by far the largest salary of any African leader.
Since taking office on November 6, 1982, President Paul Biya has ruled Cameroon, making him one of the current long-serving non-royal leaders of state in both the continent and the entire world. Paul Biya makes an estimated $620,976 per year; fixed premiums, costs associated with sovereignty, and weekly notes are not included in this figure. As a result, he was given the top slot on the list.
On July 23, 1999, after the passing of his father, King Hassan II, he took the throne. He ascended to the throne following the death of his father because Morocco is a hereditary monarchy. He will be the longest-serving head of state in Africa if he continues to reign from that throne until his passing. The daily running budget for the palace of King Mohammed VI is $960,000. The state gives the palace 2.576 billion Dirhams a year to fund employee salaries, clothing, cars, and equipment upkeep.
William Ruto takes home Ksh 1.5 million per month which translates to Ksh 18 million per year.The amount is equivalent to $189,000 per year.
Gen. Yoweri Kaguta Museveni has been the president of Uganda since 1986. With an annual salary of $183,216, he ranks among the highest-paid presidents in Africa. He has built a fortune estimated at nearly $13 billion, making him one of the richest people on the continent thanks to his enormous income over the years and additional payments owed to him as leader of Uganda for about 35 years. He has made Uganda more commercially viable and attracted foreign businesses. One of the longest-serving non-royal presidents in history is Yoweri Museveni.
He has implemented extensive reforms across the board with the goal of making Algeria one of the world’s most prosperous nations. Abdelmadjid Tebboune has brought the nation together and put it on the correct course. His annual salary of $168,000 is extremely low considering that Algeria is a wealthy nation by African standards.
According to African norms, the nation’s GDP per capita of $7,143 is relatively high, and other presidents make significantly more money than Teodoro Obiang Nguema Mbasogo. Furthermore, he had the option of raising his pay after serving in office for more than 30 years. Equatorial Guinea, one of the wealthiest nations in Africa, has a rather good standard of living.
Annual income: around $115,000.
Despite having a $1,972 GDP per capita, the Republic of Congo has a lot of room for expansion.
President Denis Sassou Nguesso of the Democratic Republic of the Congo is next to last on the list. After the passing of his father, President Laurent-Désiré Kabila, he has been in office since 2001. In order to serve a second term, he was elected president in 2006 and again in 2011. He is one of our top richest presidents in Africa even though he comes in at number ten on the list. According to reports, Denis Sassou Nguesso earns roughly $110,000 annually, ranking him tenth among the highest-paid presidents in Africa.
If you look at the list above, you might be perplexed as to why these leaders are paid so much but produce little, if any, actual outcomes. Given the Top Ten African Presidents by Pay, you may judge if these leaders merit the millions they receive based on the status of their respective economies.
The GDP per person in Ivory Coast is $2,325 and the country’s economy is growing. With the nation at peace, there is the possibility for growth at an astounding rate.
George Weah the current Liberian President, the only African player to get the Ballon d’Or, is regarded by many as one of the finest players to have missed out on the Champions League. At AS Monaco, where Arsene Wenger played a significant influence in his development, the Liberia international made his reputation.
He has served Rwanda for the longest time now and he is still the current president of Rwanda with a net worth of $510million. Kagame is known for transforming Rwanda in terms of economy and creating employment opportunities to his people.
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