Teodoro Obiang Net Worth

Coup Against Uncle

Led military coup overthrowing his uncle, the brutal dictator Francisco Macías Nguema. His seizure of power made him leader of Equatorial Guinea and a notable figure in African politics.

Consolidated Authoritarian Rule

Firmly established one-party rule and suppressed opposition. While promising reforms, he quickly established an authoritarian regime similar to his uncle's.

Major Oil Discoveries

Massive oil reserves discovered off Equatorial Guinea's coast, transforming the country's economy. Obiang's personal wealth soared as he controlled access to oil revenues.

Foiled Coup Plot

Survived attempted coup allegedly backed by foreign mercenaries including Mark Thatcher. The sensational plot brought international attention and he used it to justify further authoritarian measures.

Son's Corruption Scandals

His son Teodorín's lavish lifestyle and corruption became global news stories. The scandals highlighted the regime's kleptocracy and kept Obiang in international headlines.

Asset Seizures and Sanctions

U.S. and European authorities seized family assets worth hundreds of millions. The high-profile cases made Obiang a symbol of African kleptocracy but he remained firmly in power.

Won Sixth Presidential Term

Re-elected with 99.7% of vote in widely criticized election. His 43-year rule made him one of the world's longest-serving leaders, ensuring continued international recognition.

47 Years in Power

After 47 years as president, Obiang remains firmly in control of Equatorial Guinea. His extraordinary tenure as one of the world's longest-ruling leaders and association with corruption and authoritarianism keeps him a well-known figure in international politics and human rights discussions.