Some African presidents’ sources of wealth are often looked into because they seem to live well after they leave office and have several properties credited to them. What is Joseph Kabila’s net worth? He is one of the most well-known politicians in Africa.
In today’s article, we’re going to take you on a trip to find out how much Joseph Kabila, the former president of the Congo, is worth.
It’s typical for this site to give you a full report on these things, so we won’t just tell you how much Joseph Kabila is worth; we’ll also tell you who he is and how well he has ruled his country during his time in office.
It’s almost like an inheritance, since he took over right away when his father had to leave the throne because of bad luck.
What’s Joseph Kabila’s name? Learn here about his life.
How much money Joseph Kabila has: His story
The former president’s net worth is one of the many things that people want to know about him.
Here, though, we won’t just tell you how much he is worth. We’ll also tell you about him.
Joseph Kabila was a politician from the Democratic Republic of the Congo. He led the 4th Republic from January 2001 to January 2019.
Joseph Kabila took over as president 10 days after his father, Laurent-Désiré Kabila, was killed.
In 2006 and 2011, he was re-elected, and he left office in 2018.
Early Life: Joseph Kabila’s net worth is still growing, but many people will think he got rich while he was president.
What happened to him after he was born?
Joseph Kabila was born on June 4, 1971, in the North Katanga region of the Congo. He was born in the small village of Ankoro on the banks of the Congo River.
Joseph Kabila went to school in Tanzania, where he learned English, Swahili, and French through the British education system.
Before he could go to Makarere University, he spent three years in Rwanda learning how to be a soldier.
Joseph’s father, Joseph Kabila, sent him to China for six months of military training.
He went back to lead the rebellion that overthrew the Congolese government and made Laurent Kabila president.
In 2001, Laurent Kabila was killed by one of his bodyguards.
Shortly after the murder, he was shot, and Joseph Kabila became president of the Congo.
During his time in office, he had to deal with ongoing wars in eastern Congo and rebel groups inside the country that were supported by the governments of Uganda and Rwanda.
How much does Joseph Kabila have today?
Let’s find out.
Joseph Kabila’s Net Worth
It is said that Joseph Kabila has a net worth of around $12 billion. People say that he got his money in ways that aren’t right while he was president, but this hasn’t been proven.
People think that he has several very nice homes in this country and elsewhere.
Life After Being President
Joseph Kabila’s wealth has given him some nice things, but how has his life been since he stopped being president?
Since he was no longer president, Kabila has made Kingakati Farm his main home.
The estate, which is 50 kilometers east of Kinshasa, was his second home while he was still in charge.
In April 2021, President Felix Tshisekedi was able to get rid of the last supporters of the former president who were still in his government.
Tshisekedi asked that Kabila’s mining deals with China in May 2021 be looked at again, especially the huge “minerals-for-infrastructure” deal with Sicomines.
In November 2021, a court in Kinshasa began an investigation into Kabila and his friends over claims that they stole $138 million.
Kabila married Olive Lembe di Sita on June 1, 2006. On June 17, 2006, the wedding took place.
A girl named Sifa, after Kabila’s mother, was born to him and his wife in 2001.
Because Kabila is a Protestant and Lembe di Sita is a Catholic, both faiths were represented at the wedding.
Cardinal Frederic Etsou Bamungwabi, the Catholic Archbishop of Kinshasa, and Pierre Marini Bodho, the head of the Church of Christ in Congo, which is the umbrella group for most Protestant churches in the Congo, were in charge of the ceremonies.