Posts Tagged ‘Mubarak’

The Wealth of Presidents

March 13, 2012

I got this from Chris Blattman’s blog. If you’re interested in Majority World poverty and development, he’s an engaging and very interesting source. Check it out.

The net worth of all 43 U.S. presidents collectively – from Washington to Obama – totals $2.7 billion.

…The net worth of individual African presidents from banditry: Abacha (Nigeria), $5 billion; al-Bashir (Sudan), $7 bn; Babangida (Nigeria), $8 bn; Mobutu (Zaire, now Congo DR), over $10 bn; Mubarak (Egypt), over $40 bn; Khaddafi (Libya), over $60 bn.

According to Nigeria’s former president, Olusegun Obasanjo, corrupt African leaders have stolen at least $140 billion from their people in the decades since independence

 


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