Tanzanian president John Pombe Magufuli may not be the richest man in Africa but he is regarded as wealthy. His salary is also not so bad compared to many African presidents.
Magufuli joined Chato Primary School in 1967, completed his primary education in 1974 and later joined Katoke Seminary in Biharamulo where he pursued his secondary education. He later joined Mkwawa College of Education for a Diploma in Education courses before enrolling for a degree course at the University of Dar es Salaaam.He graduates in 1988 with a major in chemistry and mathematics. He also earned his master’s and doctorate degrees in chemistry from the University of Dar es Salaam, in 1994 and 2009, respectively.
Early life and political career
Magufuli ventured into elective politics after a short hiatus as a teacher at Sengerema Secondary School between 1982 and 1983. He taught chemistry and mathematics. Later on, he quit his teaching job and was employed by the giant Nyanza Cooperative Union Ltd as an industrial chemist. He remained there from 1989 to 1995, when he was elected as Member of Parliament (MP) for Chato. He was appointed as Deputy Minister for Works in his first term as MP. He retained his seat in the 2000 election and was promoted to a full ministerial position under the same docket. After President Jakaya Kikwete took office, he moved Magufuli to the post of Minister of Lands and Human Settlement on 4 January 2006.Subsequently he served again as Minister of Works from 2010 to 2015.
When it comes to salary, Magufuli takes home US$ 18,000-US$ 20,000 monthly. This is considered higher than that of Yoweri Museveni but slightly less than Uhuru’s Salary.
Magufuli’s assets include a Yacht, luxury hotels in Tanzania, private airlines and real estate investments. He also owns shares in several companies.
He is estimated to be worthy US$ 50 million