Some African presidents often have their sources of wealth scrutinized as some appear to live plush lifestyles with several properties credited to them after they leave office. Being one of the most popular persons in African politics, what is Joseph Kabila net worth?
In today’s article, we would take you on a journey to discover how much the former Congolese president Joseph Kabila is worth.
Its typical of this website to give you a comprehensive report as far as these things are concerned, as such, we will not just give you Joseph Kabila net worth but also who he is and how well or not he has governed his people during his tenure of office.
It’s almost like an inheritance as he assumed the reigns of power immediately after his father left the throne in unfortunate circumstances.
Who is Joseph Kabila? Find out about his life here.
Joseph Kabila Net Worth: Biography
Joseph Kabila net worth is among the lot of information that people want to know about the former president.
Here, though, we shall not just give you his net worth but also his profile.
Between January 2001 and January 2019, Joseph Kabila, a politician from the Democratic Republic of the Congo, presided over the 4th Republic.
Ten days after his father Laurent-Désiré Kabila’s murder, Joseph Kabila took over as president.
He was re-elected in 2006 and 2011, and he left office in 2018.
Early Life: Joseph Kabila net worth has been something in progress, but many will think that he amassed his wealth while he was president.
How did his life turn out from when he was born?
In the Congo’s North Katanga region, in the little village of Ankoro by the banks of the Congo River, Joseph Kabila was born on June 4, 1971.
Beginning his education in Tanzania under the British educational system, Joseph Kabila mastered the languages of English, Swahili, and French.
Before being accepted into Makarere University, he spent three years receiving military training in Rwanda.
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Father Joseph Kabila dispatched Joseph to China for a six-month military training program.
He came back to lead the uprising that led to the overthrow of the Congolese government and the installation of Laurent Kabila as president.
One of Laurent Kabila’s bodyguards murdered Laurent Kabila in 2001.
He was shot dead shortly after the murder, and Joseph Kabila took over as president of the Congo.
While in office, he had to contend with ongoing conflicts in eastern Congo and internal rebel forces that were sponsored by the governments of Uganda and Rwanda, two nearby neighbours.
What is Joseph Kabila net worth today?
Let’s find out.
Joseph Kabila Net Worth
Joseph Kabila net worth is reportedly in the range of $12 billion. Unsubstantiated reports have it that he acquired his wealth while president, in ways that people say are inappropriate.
He is believed to have several luxurious houses in the country and elsewhere.
Life After Presidency
Joseph Kabila net worth has offered him some luxury but how has life been after he left the presidency?
Kabila has made Kingakati Farm his primary house after leaving the presidency.
While he was still in power, the estate, which is 50 kilometres east of Kinshasa, served as his second residence.
President Felix Tshisekedi was successful in ousting the last surviving supporters of the former president from his government in April 2021.
Tshisekedi demanded a review of the mining agreements Kabila had made with China in May 2021, particularly the enormous “minerals-for-infrastructure” deal with Sicomines.
A court probe of Kabila and his friends was launched in Kinshasa in November 2021 as a result of allegations of misappropriation of $138 million.
On June 1, 2006, Kabila wed Olive Lembe di Sita. The marriage ceremonies were held on June 17, 2006.
Daughter of Kabila and his wife, named Sifa after Kabila’s mother was born in 2001.
The marriage ceremonies were ecumenical because Kabila is a Protestant and Lembe di Sita is a Catholic.
They were officiated by both Cardinal Frederic Etsou Bamungwabi, the Catholic Archbishop of Kinshasa, and Pierre Marini Bodho, the head of the Church of Christ in Congo, the umbrella organization for most Protestant denominations in the Congo.
This article took a look at Joseph Kabila net worth.