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King Mswati Net Worth

King Mswati net worth.

We bring to you King Mswati net worth.

King Mswati has been considered one of the wealthiest monarchs in the world.

He has been a King since he was 18 years

As of 2021, King Mswati net worth is $500 million.

King Mswati Profile

King Mswati is the king of Eswatini and head of the Swazi Royal Family. 

He was born on 19 April 1968 in Manzini in the Protectorate of Swaziland to King Sobhuza II and one of his younger wives, Ntfombi Tfwala.

He was crowned as Mswati III, Ingwenyama and King of Swaziland, on 25 April 1986 at the age of 18, thus becoming the youngest ruling monarch in the world at that time. 

 Together with his mother, Ntfombi Tfwala, now Queen Mother , he rules the country as an absolute monarch. Mswati III is known for his practice of polygamy and currently has 15 wives. His policies and lavish lifestyle have led to local protests and international criticism.

King Mswati net worth
King Mswati Net Worth 32

Kingship

Mswati was introduced as Crown Prince in September 1983 and was crowned king on 25 April 1986, aged 18 years and 6 days, and thus making him the youngest reigning monarch until the ascension of King Jigme Khesar Namgyel Wangchuck of Bhutan on 14 December 2006

He was also the youngest head of state until Joseph Kabila took office on 26 January 2001 as President of the Democratic Republic of the Congo. The king and his mother, whose title is Indlovukati  rule jointly.

Family and succession

he king currently has 15 wives and 23 children. A Swazi king’s first two wives are chosen for him by the national councillors. There are complex rules on succession.

Traditionally the king is chosen through his mother as represented in the Swazi saying Inkhosi, yinkhosi ngenina, meaning “a king is king through his mother”.

According to tradition, he can marry his fiancées only after they have become pregnant, proving they can bear heirs. Until then, they are termed liphovela, or “concubines”

King Mswati Net Worth

King Wswati is one of the richest Kings in Africa . His fortunes have been valued at $500 million.

Mswati has been criticized for his lavish lifestyle, especially by the media; in one report he was accused of living a luxurious lifestyle while the people of his country starve.

 In the 2014 national budget, parliament allocated $61 million (US) for the King’s annual household budget, while 63% of Swazis live on less than $1.25 per day.

Following criticism of his purchase of luxury cars, including a $500,000 DaimlerChrysler’s flagship Maybach 62 luxury automobile, he banned the photography of his vehicles.

Mswati has a personal stake in a large portion of Eswatini’s economy which is a factor in its below-average economic growth for a Sub-Saharan nation. As an absolute monarch, he holds the power to dissolve parties, and can veto any legislation parliament passes.

Read Top 10 Richest Presidents in Africa

King Mswati net worth.

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Dave Calhoun Net Worth

Dave Calhoun net worth

Dave Calhoun net worth: David L. Calhoun is an American businessman and president and CEO of The Boeing Company. He was appointed after the then CEO, Dennis Muilenburg, was fired amidst safety issues regarding the 737 MAX after two fatal crashes that claimed the lives of 346 passengers and crew on board. Read on to find more information about Dave Calhoun net worth in this article.

Early life

Calhoun was born on April 18, 1957 in Philadelphia, Pennsylvania. He grew up in Allentown, Pennsylvania, where he graduated from Parkland High School in 1975. In high school, Calhoun was one of three captains of the varsity basketball team and he played golf In 1979, he graduated from Virginia Tech with a degree in accounting.

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Career

After Calhoun graduated from college, he gained employment at General Electric (GE). He decided to work for GE at that time, due to its close proximity to where he lived in Lehigh Valley.

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 He worked at GE for 26 years, overseeing transportation, aircraft engines, reinsurance, lighting and other GE units, before ultimately being appointed as vice chairman of the company and a member of GE’s Board of Directors in 2005.

Calhoun left GE to join privately held global information services firm VNU as CEO in 2006. Under his leadership the company rebranded itself as Nielsen Holdings, returned to the public markets in 2011, and was added to the S&P 500 Index in 2013.

 In 2014, Calhoun became executive chairman of Nielsen and also joined The Blackstone Group as a senior managing director and head of portfolio operations and a member of Blackstone’s management committee. Blackstone had been one of six private equity firms that backed Nielsen’s transformation. During his career, Calhoun was on the board of directors of Caterpillar, Gates Corporation, and Medtronic.

Boeing Career

Since 2009, Calhoun has served as a director at Boeing, and was named lead independent director in 2018. In October 2019, he was named chairman of Boeing in the wake of the Boeing 737 MAX groundings, and on December 23, 2019, he stepped down as chairman in preparation for becoming Boeing’s CEO and president, effective January 13, 2020.

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Dave Calhoun Net Worth

Dave Calhoun net worth is estimated at $ 30 million. In 2020, Calhoun earned $21.1 million in compensation. Calhoun owns over 5,000 units of Boeing Co stock worth over $4,499,450 and over the last 12 years he sold BA stock worth over $20,667,800.

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Oliver Zipse Net Worth

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Early life and education

graduated from high school in Bensheim in 1983. He studied computer science and mathematics at the University of Utah in Salt Lake City from 1983 to 1985 without obtaining a degree. In 1985 he switched to mechanical engineering at the Technische Universität Darmstadt and graduated in 1991 with a degree in mechanical engineering.

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 In 1999 he also graduated from the Kellogg-WHU Executive MBA Program which is a joint MBA degree from Kellogg School of Management, the USA, and WHU – Otto Beisheim School of Management, Germany.

Career

Zipse has spent his entire professional life at BMW AG. He joined the company in 1991 as a trainee in development, technical planning and production. From 1992 to 1994, he worked as a project engineer in technology development. From 1994 to 2006, he held various leadership positions in development, production and production planning in Munich and South Africa.

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On May 13, 2015, he was appointed to the board of management of BMW AG, succeeding former chairman Harald Krüger; Zipse moved up to that position from a management role in product strategy and running the Mini assembly plant in England. His primary responsibility in that board role was for production.

One news report summarized his achievement as: “Under Zipse’s watch, BMW’s efficient production network, which he expanded in Hungary, China and the U.S., has helped the company deliver industry-leading profit margins despite its relatively small scale”.

On July 18, 2019, Zipse was appointed chairman of the Board (CEO), effective 16 August 2019. He was described by Norbert Reithofer, chairman of the supervisory board, as “a decisive strategic and analytical leader”.

Oliver Zipse Net Worth

According to mywage, Oliver takes a monthly salary of $290,000 and an annual salary of over $3 million as CEO. Zipse is an advocate of experimenting and pioneering new technologies within the BMW group

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Charles Woodburn Net Worth

Charles Woodburn net worth

What is Charles Woodburn net worth?

Charles Woodburn is a British businessman who has been the CEO of BAE Systems since July 2017.

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Woodburn earned a bachelor’s degree in electrical sciences from St John’s College at the University of Cambridge in 1992 and a PhD in engineering from Cambridge University, followed by an MBA from Erasmus University Rotterdam.

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Before working for BAE Systems, Woodburn was chief executive of Expro Group, which surveys and manages oil and gas wells around the world. He had also spent 15 years at Schlumberger, an oil services company, overseeing major projects in Thailand, Australia, and the US.

On joining BAE Systems he was to be paid a base salary of £750,000 a year and given more than £1.6m to buy him out of incentive schemes at Expro. It was reported in December 2016 that he was paid a total joining package worth £3 million.

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