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BY Fredrick Ngugi, 11:14am January 10, 2017,

Top 5 Wealthiest Kings in Africa

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by Fredrick Ngugi, 11:14am January 10, 2017,

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King Mohammed VI of Morocco. Photo Credit: The Citizen

King Mohammed VI, Morocco

Born in August 1963, Mohammed VI is the current king of Morocco. He ascended to the throne in July 1999 after the death of his father, King Hassan II. Mohammed VI is considered the wealthiest African king, controlling Moroccan investment holding company Societe Nationale d’Investissement, whose assets are estimated to be worth more than $10 billion.

The King also owns one of the world’s largest phosphate reserves and has investments in the financial, mining, telecommunication, and distribution sectors. King Mohammed VI is considered more democratic than his predecessors. In 2014, he introduced a law governing family rights that made Morocco’s women among the most emancipated in the Arabian world.

Last Edited by:Charles Gichane Updated: January 11, 2017

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