also IBB, Houphet-Boigny, Taylor
The total net worth of ALL United States presidents is about $2.7 billion according to a report in The Atlantic compiled by the editors of 24/7 Wall St., a Delaware-based financial news and opinion operation
George Ayittey, Economics Professor, Activist, President, (Free Africa Foundation), in Washington, DC reasoned that this would be why Africa has remained poor.
"In Africa, General Sani Abacha of Nigeria stole $20 billion, Felix Houphouet-Boigny of Cote d’Ivoire stole $6 billion, General Ibrahim Babangida of Nigeria stole $5 billion, Mobutu Sese Seko of Zaire (now Congo DR) stole $4 billion. Each stole more than the total net worth of ALL US presidents COMBINED." Excerpts:
Because a number of presidents, particularly in the early nineteenth century, made and lost huge fortunes in a matter of a few years, the number for each man is based on his net worth at its peak.
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