Paul Biya's Net Worth: A Detailed Insight
Paul Biya, born Paul Barthélemy Biya'a bi Mvondo on February 13, 1933, in Mvomeka'a, Cameroon, is a renowned Cameroonian politician with an impressive net worth of $200 million. His political career spans decades, having served as the President of Cameroon since November 6, 1982, a position he still holds today.
Early Career and Rise to Power
Biya's ascent in Cameroonian politics began in the 1960s, where he swiftly rose through the ranks under the leadership of then-President Ahmadou Ahidjo. By 1968, Biya secured a significant role as the Secretary-General of the Presidency, a position he maintained until 1975. Subsequently, he was appointed as the Prime Minister of Cameroon, serving from 1975 until 1982. His trajectory culminated in becoming the President after Ahidjo's unexpected resignation in 1982.
Controversies and Wealth Accumulation
Despite ruling over a nation where approximately 48% of the population lives below the poverty line, Biya has amassed a substantial personal fortune, estimated to be between $200 and $300 million. His tenure has not been without controversy. He has been accused of manipulating term limits to extend his stay in power, leading to widespread criticism. Moreover, allegations of ill-gotten wealth have further marred his reputation.
International Relations
Throughout his presidency, Biya has maintained a close diplomatic relationship with France, the country's former colonial ruler, which has significantly influenced Cameroon's foreign policy and bilateral relations.
