Yoweri Museveni is one of the most prominent names in the political history of Uganda. He is a very strong and influential politician of Uganda, who is serving as the current president of Uganda since January 26, 1986. Yoweri Museveni net worth is estimated to be $50 million and is one of the richest people in Africa.
He has also served in the military and currently, is a retired senior military officer too. During his rebellion to overthrow the former presidents Milton Obote and Idi Amin, he was assisted by Tito Okello and Bale Travor, who served in the Ugandan military.
Even though the ascend of Yoweri Museveni was seen as a new beginning by the Western world, the situation started to change gradually.
During his course as the President of Uganda, Yoweri Museveni was involved in different crises and conflicts like the African Great lakes conflict, the Rwandan Civil War, and also the First Congo war. All this involvement seriously affected his term as the president along with the political future and events of Uganda.
Yoweri Museveni’s involvement gave rise to a humanitarian emergency and constitutional amendments. These changes in the constitution resulted in changes like discarding the presidential term limits and also discarding the presidential age limit, which allowed Yoweri Museveni to continue in his powerful position.
Who Is Yoweri Museveni?
Born on September 5, 1944, Yoweri Museveni is the only remaining dictator in the East African region. He was born as the son of Mzee Amos Kaguta and Esteri Kokundeka Nganzi in Rukungiri. His parents were from a very normal family and his father used to work as a cattle keeper.
There are also reports that Yoweri Museveni’s father participated in the Second World War as a part of the King’s African Rifles.
Yoweri Museveni attended different schools like Kyamate Elementary School, Mbarara High School, and Ntare School where he received his primary and secondary school education. Later he enrolled at the University of Dar es Salaam in Tanzania, where he studied economics and political science.
It was during his time as a student at the University that Yoweri Museveni gave birth to the University Student’s African Revolutionary Front, which was a student activist group.
Yoweri Museveni – Net Worth
Yoweri Museveni had been serving as the president of Uganda since 1986. He had been serving as the most powerful man in the country for more than three decades. Let’s find out Yoweri Museveni net worth.
Throughout his course as the president of Uganda, Yoweri Museveni was able to build a fortune and according to reports, he is believed to have a net worth of $50 million, making him one of the richest people not only in Uganda but the whole of Africa.
It is inferred that Yoweri Museveni was able to gather his huge fortune from his career in politics and also through his investments in livestock.
The position of the most powerful man in the country comes with different perks other than earning a huge sum of money. Being the president of the country means immense power and also influence, which can be used to control different sectors of the country.
As per the available reports, the president is speculated to review a sum of $183,216 as salary every year. Apart from this salary, he also receives other allowances and favors.
Apart from the allowances and salary that he receives for being the president of Uganda, the major source of his income is his investments in livestock. Yoweri Museveni’s ancestors worked as cattle keepers and he has also taken their path but in a modern way.
Yoweri Museveni owns two main ranches where he raises his cattle. The ranches are in Kisozi and in Rwakitura. It is said that he has more than 10,000 cows in the Kisozi ranch alone. Being an owner of such huge ranches, Yoweri Museveni is one of the major suppliers of beef to a large number of restaurants in Kampala.
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Yoweri Museveni – Assets
Being the most powerful person and one of the richest people in the country, Yoweri Museveni possesses different types of luxury cars and also a huge mansion in Rwakitura.
There were a lot of speculations regarding Yoweri Museveni net worth and how much he earn throughout the year.
He owns a Benz S500 Pullman Guard. His luxury mansion is a multi-storeyed house with well-maintained lawns and very large compound walls.
Once, there was an allegation against him stating that his house was built using money stolen from the public but Yoweri Museveni countered the argument by saying that he opened the home in 1967, way before he became the president.
Yoweri Museveni – Role In Politics
Serving as the president of the country for more than three decades, Yoweri Museveni played a pivotal role in the overall development of the country into the Uganda that we see today. He is one of the last dictators in the East African region.
The rule of Yoweri Museveni is described as that of illiberal democracy or competitive authoritarianism. Regarding there was talk on Yoweri Museveni net worth, his tenure is described as corrupt and is always in favor of his associates.
It is reported that none of the elections that took place in the last thirty years in Uganda have been honest, corruption-free, or transparent. It was only in 2021 that he was elected as the president of Uganda for the sixth time.
There were many pieces of evidence which included videos where visuals of ballot box stuffing and other malpractices were recorded but were not taken into consideration and Yoweri Museveni became the president for a sixth time.
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Yoweri Museveni – Personal Life And Family
Yoweri Museveni is married to Janet Ktaaha Museveni, who is serving as the current Cabinet Minister for Education and Sports in the Ugandan cabinet. Even though she holds a respectable position, her educational qualifications to hold the place had been questioned in the past.
She published her autobiography in 2011 which was titled ‘My Life’s Journey.’ The couple has four children together. Yoweri Museveni is a member of the Anglican church in Uganda.
Being a powerful person, Yoweri Museveni has received different awards and honors from different countries. He had been given different titles and honors by countries like Cuba, Kenya, Serbia, and South Africa.
He has also received different honorary doctorates in different subjects like law, divinity, and literature from Universities in countries like the United States, Tanzania, Turkey, and Uganda.