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Michael Somare

Michael Somare Net Worth

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Michael Somare's net worth is currently estimated at $5M in 2026.

Net Worth Over Time

$0M$1M$2M$3M$4M$5M196819801990200020102026

Net Worth Timeline

1968$0.1MC

Elected to Parliament

Entered the House of Assembly before independence.

1975$0.5M+400%A

First Prime Minister

Became the first Prime Minister of Papua New Guinea.

1980$1M+100%B

Lost Prime Ministership

Lost a vote of no confidence and stepped down as Prime Minister.

2002$2M+100%A

Returned as Prime Minister

Returned to the role of Prime Minister.

2011$3M+50%C

Suspended from Office

Suspended from office amid political disputes.

2017$4M+33%C

Retirement from Politics

Retired from politics after a long career.

2021$5M+25%D

Michael Somare Dies

Sir Michael Somare passed away. He is remembered as the 'father of the nation' in Papua New Guinea.

2026$5MD

Fading National Memory

While a monumental figure in PNG's history, Somare is less well-known to the international community and younger generations within PNG.

Last updated: February 23, 2026