44bars brings to you Emmerson Mnangagwa net worth
Emmerson Mnangagwa is a Zimbabwean revolutionary and politician who has served as President of Zimbabwe since 24 November 2017. He held a series of cabinet portfolios and was Mugabe’s Vice President until November 2017, when he was dismissed before coming to power in a coup d’état. He secured his first full term as president in the disputed 2018 general election.
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Mnangagwa was born in 1942 in Shabani, Southern Rhodesia, to a large Shona family. His parents were farmers, and in the 1950s he and his family were forced to move to Northern Rhodesia because of his father’s political activism.
There he became active in anti-colonial politics, and in 1963 he joined the newly formed Zimbabwe African National Liberation Army, the militant wing of the Zimbabwe African National Union (ZANU). He returned to Rhodesia in 1964 as leader of the “Crocodile Gang”, a group that attacked white-owned farms in the Eastern Highlands.
In 1965, he bombed a train near Fort Victoria (now Masvingo) and was imprisoned for ten years, after which he was released and deported to the recently independent Zambia.
At some point, he is said to have studied law at the University of Zambia and practiced as an attorney for two years before going to Mozambique to rejoin ZANU. It must be noted that there is no evidence from former classmates nor teachers that Mnangagwa ever studied law
In Mozambique, he was assigned to be Robert Mugabe’s assistant and bodyguard and accompanied him to the Lancaster House Agreement, which resulted in Zimbabwe’s recognized independence in 1980.
Mnangagwa is nicknamed “Garwe” or “Ngwena“, which means “the crocodile” in the Shona language, initially because that was the name of the guerrilla group he founded, but later because of his political shrewdness.
Mnangagwa has, since the early 1990s, played a key role in implementing the “Indigenisation and Black Economic Empowerment” initiative, as advised by prominent indigenous businessmen including Ben Mucheche, John Mapondera, and Paul Tangi Mhova Mkondo and the think tank and lobby group IBDC, how to propel the policy from Local policy, Ministerial Policy, Government Policy & Development of a ministry specific to Indigenisation & Black Economic Empowerment, such as Indigenisation and Economic Empowerment Bill. Mnangagwa believes that the national resources should be protected by the Zimbabwe Defence Forces.
Emmerson Mnangagwa Net Worth
According to Prake.org, Mnangagwa is the fifth highest-paid president in Africa. He takes a monthly salary of KHR50,030,651.25. Emmerson Mnangagwa net worth is estimated at $10 million.