Paul Biya Net Worth $200 Million
Following the death of Libyan leader Muammar Gaddafi in 2011, Biya is now the longest regnant Non-Royal head of state in the world. Paul Biya who has a supposedly enormous personal fortune around $200 million. Along with his wealth largely located in Europe, he owns several mansions there as reported. He’s now the longest regnant Non-Royal head of state in the world. He’s rigged the term limit laws twice to make sure he remains in power. The Cameroonian president is supposed to be the wealthiest man in Cameroon. In a 2009 , the Catholic Committee against Hunger and for Development (CCFD) denounced Paul Biya as being among an inventory of leaders with ill gotten wealth.
According to a French online newspaper, Rue 89, Paul Biya’s holiday was over the top higher priced than that of the American President. Cameroon is among the poorest nations in the world (with $2,257 GDP per capita as of 2011) with 48% of its population living below the poverty line. Because of its own small oil resources and favorable agricultural conditions, Cameroon has among the best-endowed primary commodity economies in sub Saharan Africa. Still, it faces several of the serious issues facing other underdeveloped countries, like stagnant per capita income, a relatively inequitable distribution of income, a top heavy civil service, endemic corruption, plus a generally unfavorable climate for business enterprise.