What is Goodluck Jonathan’s Net Worth?
Goodluck Jonathan Net Worth
|Net Worth:||$12 Million|
|Date of Birth:||Nov 20, 1957 (64 years old)|
Goodluck Jonathan is Nigerian politician with a net worth of $11 million. Goodluck Jonathan was president of Nigeria between 2010 and 2015. Between 2007 and 2010, Jonathan was vice-president for Nigeria during the administration of Umaru Yar-Adua. In the event that Yar-Adua died on May 5, 2010, Jonathan succeeded him as president of the Federal Republic of Nigeria. He was the governor in Bayelsa State from 2005 to 2007. Following his defeat in the presidential election of 2015 in the 2015 presidential election to Muhammadu Buhari, Jonathan became the first incumbent Nigerian president to concede defeat in an election.
SEE ALSO: Top 10 Richest Presidents in the World
Early Life and Education
Goodluck Jonathan was born the 20th of November 1957 in known as the Eastern Region of British Nigeria which is currently Ogbia. Jonathan comes from an ethnically Christian family of canoe makers who are from the Iljaw ethnicity. To further his educational pursuits, Jonathan went to the University of Port Harcourt, where he obtained the bachelor’s diploma in Zoology. He later earned his master’s degree in fisheries science and hydrobiology from the same university as well as his doctorate in Zoology, too at Port Harcourt.
With Patience Jonathan and with whom he is married, Jonathan has a son named Ariwera, and a daughter who is named Aruabai.
Before he began his career in politics Jonathan was employed in a variety of different positions. He worked as the education inspection officer for some period as well as an instructor and environmental protection officer. From 1993 until 1998, Jonathan worked as an assistant director for the Oil Mineral Producing Areas Development commission.
Goodluck Jonathan’s Wealth Debate
After being appointed Vice President on May 7, 2007 When he was elected vice president in the month of May, Dr. Jonathan voluntarily revealed his estimated wealth. At the time Dr. Jonathan’s net worth in 2007 was reported to be less than $8.5 million US dollars. Jonathan. Jonathan has since been accused of not making more public announcements about his wealth. There have been reports the claim that Dr. Jonathan’s personal wealth could reach $250 million. If that were true, Goodluck Jonathan would be one of the richest individuals in Nigeria however, it would be far of the $20 billion worth of net worth, which has made Aliko Dangote the most successful Nigerian. Nigeria.
Then, in October of 2014, a presidential spokesperson questioned these higher-end estimates and claimed that the President “regularly declares his assets as required by Nigerian laws”. The Presidential office is also threatening to sue websites that had a link to these higher net worth estimates.
READ ALSO: Hunter Biden Net Worth 2022
Governorship and Vice Presidentship
As of 1999 Jonathan was the first to hold a significant political job when he was elected as the deputy governor of Bayelsa which is a state located in southern Nigeria. Jonathan served in the position from 1999 to 2005 along with the governor Diepreye Alamieyeseigha. In 2005, after governor Diepreye Alamieyeseigha was impeached for allegations of money laundering at the end of 2005 Jonathan assumed the role of the governor of Bayelsa the state, a post that he held until 2007.
After his term as governor, Jonathan became vice president of Nigeria under the Umaru Musa Yar’Adua administration. In addition, to his Cabinet meetings and appointments on the National Security Council, Federal Executive Council and the National Defence Council, and was head of the National Economic Council. In particular, as vice president, Jonathan played a critical role in negotiating truces different militant groups operating throughout the Niger Delta.
In the early part of the year 2010, Jonathan was named the interim president of Nigeria because of the absence of President Umaru Musa Yar’Adua, who was located in Saudi Arabia for medical treatment. After Yar’Adua’s death shortly after, Jonathan became the substantive Nigerian president. Jonathan then ran for the presidency and was elected in the year 2011. In his presidency, Jonathan managed a range of government reforms and advancements. In the realm of economic matters, Nigeria reconfigured its GDP to become the largest economy in Africa. Nigeria also saw significant advancements in infrastructure, which included new airports, railways, as well as federal highways. In order to provide Nigeria an uninterrupted supply electric power, Jonathan was able to make the electricity sector more privatized.
Jonathan along with his government were extremely controversial, prompting widespread accusations of corruption. Before he became the president Jonathan has been accused of taking $15 billion from the Central Bank of Nigeria under the false pretense of national security, but instead, using the money to finance his presidential campaign as well as other personal initiatives. Following his presidency the administration of Jonathan were accused of misusing large amounts of money several times with billions of dollars disappearing or distributed to officials with high positions. Alongside other controversial actions, Jonathan signed into law the Same Sex Marriage Prohibition Act which prohibits gay relations and punishes the violators.
During his presidency, Jonathan was particularly controversial because of what was perceived by many as his inability to protect the country from threats from terrorists and, in particular, Boko Haram. The group was responsible for several bombings as well as other attacks during the time Jonathan was president and left thousands of dead as a result. Protesters called for Jonathan to get more assertive when he confronts terror, which continued to infest the country even when Nigeria along with its allies fought counter-insurgencies.
In the month of March, 2015, Jonathan lost his reelection bid to opponent Muhammadu Buhari, the former president of the military. Jonathan later conceded loss, becoming the only incumbent Nigerian president to ever admit defeat in a presidential election.
As part of his post-presidential roles, Jonathan became an honorary special advisor of the Bayelsa Education Trust Fund Board in the year 2019. In the same year, he also became the chairman of the newly formed International Summit Council for Peace. In the year 2020, Jonathan was named as an envoy special of the Economic Community of West African States.