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Top 50 Richest Countries In The World 2020

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Top 50 Richest Countries In The World 2020 – New year started with most individual tagging it as their year of success but what most people fail to realize is a successful nation is a product of the people in it and vice versa, hence the reason why a country with a thriving economy is most likely to produce affluent individuals. Fingers are not equal; human beings are not the same so it is normal for countries not to be on par with themselves even if they are neighboring countries. Different countries are blessed differently, some are blessed with rich mineral resources but few human resources to harness them while some are endowed with human resources that adequately and judiciously use the few mineral resources they have and some are abundantly blessed with both the former and latter. 

Differences in this country have led to different numerous classification such as categorizing countries into:

  • A well-developed nation, industrialized country, more developed country, in other way “advance or more economically developed country” (MEDC), is a country that has all her needs without the help of ally country or developed country, country that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. e.g. United States of America (U.S.A), France, Germany, Japan, Canada, etc.
  • The developing nation also refers to as an underdeveloped country or less developed country is a nation with and a low Human Development Index (HDI) and a less developed industrial base relative to other countries. e.g.  India, Nigeria, Cameroon, Afghanistan, Cambodia, etc.

All that has been said above and many more have inspired this article for creating a list of countries that are in the top ten richest countries all over the world but before we delve into the list, let’s take a quick look at the different criteria that can be considered in the ranking, the criteria to be used in this ranking and the merits of the rankings over the others and other conditions to be factored in for the rankings.

Top Richest Countries In The World
Top 50 Richest Countries In The World

Top 50 Richest Countries In The World 2020

S/N Country  GDP Per Capita (PPP)
1.  Qatar  130,475
 -.  Macau  116,808
 2.  Luxembourg  106,705
 3.  Singapore  100,345
 4.  Brunei  79,530
 5.  Ireland  78,785
 6.  Norway  74,356
 7.  United Arab Emirates  69,382
 8.  Kuwait  67,000
 9.  Switzerland  64,649
 -.  Hong Kong  64,216
 10.  United States  62,606
 11.  San Marino  60,313
 12.  Netherlands  56,383
 13.  Saudi Arabia  56,383
 14.  Iceland  55,917
 -.  Taiwan  53,023
 15.  Sweden  52,984
 16.  Germany  52,559
 17.  Australia  52,373
 18.  Austria  52,137
 19.  Denmark  52,121
 20.  Bahrain  50,057
 21.  Canada  49,651
 22.  Belgium  48,245
 23.  Oman  46,584
 24.  Finland  46,430
 25.  France  45,775
 26.  United Kingdom  45,705
 27.  Malta  45,606
 28.  Japan  44,227
 29.  South Korea  41,351
 30.  Spain  40,139
 31.  New Zealand  40,135
 32.  Cyprus  39,973
 -.  Puerto Rico  39,737
 33.  Italy  39,637
 34.  Israel  37,972
 35.  Czech Republic  37,371
 36.  Slovenia  36,746
 37.  Slovakia  35,130
 38.  Lithuania  34,826
 39.  Estonia  34,96
 40.  The Bahamas  33,494
 41.  Trinidad and Tobago  32,254
 42.  Portugal  32,006
 43.  Poland  31,939
 44.  Hungary  31,903
 45.  Malaysia  30,860
 46.  Seychelles  30,505
 47.  Latvia  29,901
 48.  Saint Kitts and Nevis  29,820
 49.  Russia  29,267
 50.  Greece  29,123

Without further ado, the following is the list of the top ten richest countries in the world based on the gross domestic product (G.D.P) as released by International Monetary Fund (I.M.F)

TOP 50 RICHEST COUNTRIES IN WORLD 2020

  1. QATAR

Holding on very comfortably to the number one spot is Qatar, so many things can be said of this wonderful nation but starting with the subject of discussion, it is undoubtedly the richest in terms of both parameters mentioned earlier (GDP and total wealth). With a population of just under three million, the country’s per capita income is a whopping $130,475.

Richest Countries In The World
Qatar 

Not only are they the number one on the world richest list, but they have also held on strongly to the position for quite some time now and it doesn’t look like they will relinquish top position soon.

Most (about 70%) of their revenues are generated from the oil exploration and petroleum sector and they generate a further 80% revenue on oil and petroleum.

  1. LUXEMBOURG

A small European country that shares a border with France, Belgium, and Germany. It has a population of about six hundred and fifty thousand people but that doesn’t stop it from breaking into and sitting comfortably at number two spot of the richest countries not just in Europe but all over the world with a per capita income of about $116,808.

Luxembourg flag
Luxembourg flag

Banking, steel, and industrial sectors are the dominant forces in the economy of the country. Unlike most of the names on this list, Luxembourg has a highly diversified economy and oil is not even present in commercial quantities in the country. Exports contribute massively to their economy with their primary market being neighboring countries like Belgium, France, and even Germany.


  1. SINGAPORE

Coming third on our ranking of the richest countries in the world, Singapore, has been found to also have one of the most open economy, ranked at a time to be the 7th least corrupt economy and tax rate is very low, makes one wonders what they could depend on to have an economy which is better than the likes of Saudi, UAE and even the mighty United States of America. It has a per capita income of $100,345.

Top 50 Richest Countries In The World
Singapore

Singapore generates most of its revenue from the export they make from the vast industry such as electronics, chemicals, oil drilling equipment, food and beverages, rubber and many more. With a population of about 6.5 million people, the industries shouldn’t be lacking in human resources to improve the economy further maybe to the point where it becomes number one.


  1. BRUNEI

Population definitely plays an important role in wealth. Brunei, a very tiny nation with a population slightly under six hundred thousand must have a significant part of its population contributing to a major achievement such as finding itself on the map of the richest countries and it has consistently been ever-present in recent years. It’s known for its beaches and biodiverse rainforest.

Top 10 Richest Countries In The World
Brunei – Top 10 Richest Countries In The World

Crude oil and natural gas account for roughly 65% of GDP with Japan being the primary export market with 95%. The government has been putting in measures for the diversification of the economy after the consistent drop in oil prices witnessed throughout 2017.

Brunei per capita income stands at $79,530 which qualifies it for the fourth richest country.


  1. IRELAND

Ireland is a European country with a population of about 6.5 million people, known for its cultural diversity. It is the fifth wealthiest nation in the world with a per capita income of $78,785.

World's Richest Countries
Ireland

Majority of its GDP is accounted for by trading of various products and services of various industries of its economy such as the pharmaceutical, chemicals, computer hardware, food products, and medical devices. Its main export partners are the USA, UK, and neighboring European nations.


  1. NORWAY

Coming in sixth on the list of the top 10 richest countries in the world, A Scandinavian country, with a population of just over 5 million people, mostly in known for its mountains, glaciers and deep coastal fjords is not just a financially buoyant country but the impact of the finance reflects of the individual. It consists of very lovely people. It is ranked to be one of the most peaceful countries in the world with a very low crime rate. Like most of the countries on this ranking, oil and gas production accounts for 20% of its economy. Other important sectors include hydropower, fish, forests, and minerals. State revenues generated from petroleum are usually saved in the world’s largest sovereign wealth fund. It’s per capita income stands at $74,365.


  1. UNITED ARAB EMIRATES (U.A.E)

The United Arab Emirates consists of Dubai, Abu Dhabi, Shariah, Al-Ain, Aman, Ras al Khaimah, Fujairah, and umm-al Quwain. Dubai is the most populous of all the listed cities. This is what is called conglomerate of wealth. This country is an example of how proper planning yields an awesome result. Years of careful planning brings a seemingly unknown state to being one of the largest economies in the Arabian Peninsula. With a population of about 11 million, it’s per capita income stands at an awesome figure of $69,382.

The UAE’s oil and natural gas reserves are the seventh and seventeenth largest in the world respectively. The paramount leader “Sheikh Zayed”, leader of “Abu Dhabi” and also double to be the first President of the United Arab Emirates, who pilot the economic development of the Emirates and drive crude oil incomes into education, infrastructure, and healthcare. The UAE’s economy is the most diversified in the Gulf Cooperation Council. The diversification has caused less reliance on oil and gas as compared to previous years. Recently, tourism and business have also been a major component of their economy.


  1. SWITZERLAND

One of the most beautiful European countries also happens to be on our list of the richest countries. Its beauty is actually a major part of its economy as it has numerous places such as beautiful lakes, villages and the high Peak of Alps that people from all over the world want to see which serves as tourist centers. It occupies the eighth position on this list as the per capita income of the country with a population of about 10 million people is about $64,649.

Switzerland most important sector is the manufacturing of chemicals, health and pharmaceutical goods, scientific and precision measuring instruments. They are also known for their banking, insurance and international organizations e.g. Federation of International Football Association (FIFA) in addition to tourism all of these adds to the richness of this wonderful nation.


  1. UNITED STATES OF AMERICA (U.S.A)

The United States of America ticks all the following boxes: Politically powerful, technological advancement, top-notch human resources, natural resources, it would be unthinkable to have a list of nations doing well educationally, socially, politically and even economically without the USA. Unlike most other lists, USA would have been number one but it found itself occupying the ninth position on the list of the richest countries in the World, which is partly due to its magnificent population of 325 million people. The per capita income of the country is $62,606 which makes the GDP stands at $19.36 trillion.

The USA doesn’t like being second place in which can be seen how they even managed to be here in the first place. Its economy is being moved by abundant natural resources, developed infrastructure, and high productivity. It has been the largest economy in the world since the 80s, The U.S. is the world’s third-largest producer of oil and natural gas. In 2016, it was the largest trading nation in the world as well as the world’s second-largest manufacturer, representing a fifth of the global manufacturing output. All of these and they still couldn’t be number one, the countries above them must have done a wonderful job with their economy.


  • 13. SAUDI ARABIA

The kingdom of Saudi Arabia is definitely one of the richest countries in the world but if this ranking were done sometimes last year, Saudi Arabia wouldn’t have been in it because the main product of its economy is its oil and the persistent drop in the price of oil took them out of the top ten richest countries at one point. I.M.F has also forecasted a 2.7% increase in the country’s GDP with the recent rise in oil price. The per capita income of this country is $ 56,383 with a population of about 32 million people.

In addition to revenues generated on oil, tourism is also a major part of its economy as it serves as the origin of one of the major world religion (Islam) and contains two of the most sacred mosque of the religion which is Masjid al-Haram, in Mecca, destination of the annual Hajj pilgrimage, and Medina’s Masjid an-Nabawi, burial site of the prophet Muhammad. Riyadh, the capital, is a skyscraper-filled metropolis.

WHAT MAKES COUNTRY RICH?

As would be seen in the ranking below, it can be deduced that countries which are flourishing are due to a combination of economic factors, including trading in natural reserves, gas, oil or petroleum, finished industrial products, developed tourism and sophisticated and lucrative banking sectors, generating heavy revenues in the process. These countries are the world’s richest countries in 2019 so far.

CRITERIA WORTH MENTIONING

Economists all over the world are a very clever bunch, they study human behavior up till the point where a very important part of human life is how he accumulates, sustains wealth and even how he spent it judiciously. They come up with different terminologies in which wealth can be measured which include the traditional gross domestic product (G.D.P) and the total individual wealth. The two parameters have their strengths and also weaknesses.

GDP is the total monetary value of everything produced by all the people and companies in the country. It does not matter whether they are citizens or foreign-owned companies. As far as any production process is done within the country’s boundaries, the government regards such production as GDP.

Total individual wealth refers to the private wealth (assets fewer liabilities) held by all the individuals living in each nation. The type of  “wealth” is demonstrated in three kinds of asset: physical or “manufactured”); human capital (the population’s education and skills); natural capital (including land, forests, fossil fuels, and minerals), and capital (machinery, buildings, infrastructure and so on.

IMPORTANT CONSIDERATION

Countries included in the ranking below are just sovereign states and not dependency state (the reason why Macau didn’t make the list)

WHY MUST IT BE GDP AGAIN?

The economy of countries is usually monitored using the gross domestic product (G.D.P). It is worth mentioning it has its weaknesses and as being criticized in some quarters recently by a modern economist but its advantages far outweigh the few criticisms it has faced and it still stands as the most widely used means by which countries measure their growth and development. This may sound very petty but almost all of the traditional economist agreed upon its usefulness, they couldn’t be all wrong. Simplifying things, a little bit further, it is a better statistic for the sake of our comparison which involves ranking the richest countries and not the distribution of wealthy citizens in a country because it at least portrays how wealth is distributed in a country in the sense that the total monetary value of production processes is divided by the total population unlike total wealth. The G.D.P is also an average quantity which is usually preferable than individual quantities. For instance, two Footballers A and B can be judged on the amount of goal scored, say both players scored 5 goals in 7 and 3 matches respectively. Individually it looked as though they have achieved a similar feat but when both goals are averaged with the number of games played it will be seen that player B has definitely achieved something more remarkable than A.

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Tags: World’s richest countries, Top 100, Top 50 Richest Countries In The World 2020

Top 10 Richest Countries In Europe 2020

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Top 10 Richest Countries In Europe – Of the seven continents in the world, Europe is undoubtedly the most developed, and definitely the one with the highest number of richest countries.  The continent has an area of 10,180,000 km and is surrounded on the north by the Arctic Ocean, the Atlantic Ocean to the west, and the Mediterranean Sea to the south. Europe has about 50 nations, with a total of about 741 million people.  The continent has numerous global eye-catching structures and cities like Paris and London among others. So, what are the richest countries in Europe?

  The majority of the European nations have enough Per capita GDP to keep the majority of their populace above the poverty line, but below are the top ten richest countries in the continent of Europe.

Top 10 Richest Countries In Europe 2020

  • 1. Luxembourg

Official Language: Luxembourgish, French, and German

The country is located in western Europe, with an area of 2,586 square kilometres, surrounded by Belgium, France, and Germany.  it’s capital Luxembourg city is the location of the European court of justice. The nation’s official languages are Luxembourgish, French, and German.  The country is one of the least populated with about six hundred thousand people. Luxembourg is one of the founding fathers of the European Union. With a reasonable part of its population being foreigners’ majorly from Portugal, Belgium France, Germany, and Italy, the country has integrated outsiders, yet still maintaining it’s national identity.

Richest Countries In Europe Luxembourg
Luxembourg

           Luxembourg is extremely productive, with its government debt one of the lowest in the world. The average Luxembourg citizen standard of living is even higher than that of an average American. The country has a GDP per capita of $104,103. The countries economy is largely dependent on steel, banking and industrial and finance sectors. The country’s financial environment, is very favourable to investors, as they invest heavily to keep company taxes relatively low. Companies like Skype and eBay have their regional headquarters in Luxembourg City. Luxembourg has an unemployment rate of 5.5 percent, which is largely due to the fact that, With the reduced tax attracting several companies, the companies invariably offer employment to the Luxembourg small populace. The wealth of the nation is also fostered by their relatively small size, as the cost of infrastructures, the defense is low, for instance, Luxembourg has a standing army of about a thousand soldiers. 

Richest European Countries
Switzerland

  • 2. Switzerland

Official Language: German, French, Italian, and Romansh

Switzerland is located in Western-central Europe, the country is bordered by Italy to the south, Austria and Liechtenstein to the east, Germany to the north, and France to the west. The country’s official languages are German, French, Italian and Romansh. The country has a population of about 8 million, with a GDP Per capita of about $80.190. Towns such as Zurich and Geneva in the Netherlands have been ranked as best cities in the world in terms of quality of life.  

  • 3. Ireland

Official Language: Irish and English

Ireland is a small country in North-western Europe, with its capital city being Dublin. The country is mostly surrounded by water, particularly the Atlantic ocean, the Celtic Sea on the south, and also the Irish sea to the east. The country has an area of 70,273 kilometres square, and a GDP Per capita of $77,450.  Irish and English are their official language.

Ireland’s economy is predominantly a high technology industry and services one, the country largely depends on foreign investments, and several multinational corporations are located there. Ireland is also a large exporter.

Norway
Norway

  • 4. Norway

Official Language: Norwegian, Sami, and Kven

Norway is located in the North-west of Europe, the country attained independence in 1905 having being ruled for many years by Denmark and Sweden. The country has a GDP Per capita of about $75,505, which undoubtedly makes it not only one of the richest countries in Europe but the world generally. The country also has a population of about 5 million. 

  • 5. Iceland

Official Language: Icelandic

Iceland is located in the North Atlantic, its capital city is Reykjavik. The country is famous for its high level of volcanic activities. Iceland is a small and sparsely populated country, with a population of about 348,580, and it has a total area of 102, 775-kilometer square. The country has strong Scandinavian ties, and the official language is Icelandic.

Top 10 Richest Countries In Europe Iceland
Iceland

  Iceland economy is largely dependent on renewable energy, and the country taxes are relatively low. With a GDP per Capita of about $70,057. In 2008, Sweden was hit with the financial crisis which severely affected its economy, led to nationwide depression and crashing of the whole banking system, however, since then, the economy has made a speedy recovery.  

Due to its work on renewable energy, Sweden is one of the world’s greenest economy. Historically, the Nation’s economy depended largely on fishing, though presently there are other sources, fishing still makes up a huge of Sweden’s export earnings. Tourism is also an important part of the nation’s revenue, there is also the heavy industry, and the growing high-tech sector, all which have contributed to the wealth of the country. 

  • 6. Sweden

Official Language: Swedish

Sweden is located in Northern Europe, It is a Scandinavian country. It is flanked by Norway to the west, and north, Finland to the east and Denmark to the south-east side.  Sweden has a total population of about 10 million. Swedish is the official language of Sweden, and the country has an area of 450,295 km square. Sweden is the largest country in Northern Europe and the 4th largest in Europe. Sweden has 25 provinces, and about 65 percent of its total land is covered with forests, while the urban areas contain more than 80 percent of the countries population. Sweden is much drier and warmer than in other places with similar weather. Sweden is well known for its coastal cities and attractive islands.

Second Richest Countries In Europe Sweden
Sweden

Sweden’s economy is largely an export-based one, and resources such as timber, Iron Ore and hydropower, are the major exported Swedish commodities. Other sectors such as Engineering Automotives and telecommunications, contributes hugely to the country’s economy. Alongside America, Russia, and others, Sweden is also one of the largest arms exporters in the world. Sweden is one of the European countries with the lowest national debt, it also has a very healthy banking system. Despite Stockholm being the centre of the country’s commercial activity, wealth in the country is still very evenly distributed. Sweden maintains a per capita income of $53,442. 

  • 7. Netherlands

Official Language: Dutch

The Netherlands is located in Western Europe, and its capital city is the famous Amsterdam. The country has a population of about 17 million people. The country is a vital part of Europe, and one of its cities, Hague is the home to the Headquarters of the international court of justice.

Netherlands – Among The Top 10 Richest Countries In Europe

Netherlands is one of the founding fathers of the EU, NATO, and several other international organizations.  Netherlands has a GDP per capita of $48,223. The Netherlands is largely an exporting country, as a matter of fact, it is one of the world’s leading exporters.

  • 8. Austria

Official Language: Austrian German

Austria is a German-speaking country in Central Europe with a population of close to 9 million. The country is bordered by a host of other countries which include,  Czech Republic, Germany, Hungary, Slovakia, Slovenia, Italy, among others.

The Richest Country In Europe Austria
Austria

The country’s terrain is a highly mountainous one. With a GDP per capita of about $47,291, Austria has For a long time been ranked alongside the world richest countries. Most of the county is powered electrically by hydropower, and Tourism also serves as a reasonable part of the countries income. The country also has a highly developed social market economy. 

  • 9. Germany

Official Language:  German

Germany is one of the most famous nations of the world. The country has a large population of about 82 million. Germany is well known for being a tourist attraction, and an active nation in terms of sporting activities.  The country is largely a technologically based one, and it has a GDP Per capita of $44,470. Germany is also one of the world’s largest exporters.

  • 10. Belgium

Official Language: French, German, and Dutch

Belgium is located in Eastern Europe, it’s Capital city is Brussels, and the countries official language is French, German, and Dutch. Belgium has an area of 30, 528 square kilometres and a population of above 11 million. It is surrounded by the Netherlands, Germany, France, and Luxembourg. Belgium is also one of the nations that founded the European Union, and it’s capital Brussels is also the headquarters of NATO.

BELGIUM
Belgium – Among The  Richest Countries In Europe

With a GDP Purchasing power parity (PPP) Per capita of $43,324, the citizens of the country maintain a very high standard of living. It is also one of the world’s most peaceful nations. Belgium’s economy depends largely on world trade.

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CONCLUSION

We have been able to carefully discuss and unravel the list of the top richest countries in the world which includes their GDP and the population of each countries which as a matter of fact contributed to the country growth in terms of economy and technological development which invariable influence their output making them top the table of the richest countries in the world.

Other countries in respect to this list have once been in the listing hierarchy but due to unstable economy and output, a recent publication has only looked at the current countries with the highest GDP and highest productivity which are exported to other countries.

Tags: Top 10 Richest Countries In Europe 2020

Richest Dancehall Artists In Ghana 2020 Top 7

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Richest Dancehall Artist in Ghana 2020 – Ghana is one of the African countries that boast an interesting number of dancehall artists. In reality, these artists adopt certain other music genres but they are best known for their exciting dancehall/reggae music which triggers enthusiasm from lots of music lovers.

Myriads of music lovers already know that dancehall is one of the popular music genres in Ghana. Owing to that, it’s quite interesting to hold a discussion about the leading dancehall artistes in Ghana.

This very article features a list arranged in no actual order of priority.

Top 7 Richest Dancehall Artists In Ghana 2020

  • Shatta Wale

Shatta Wale –born Charles Nii Armah Mensah Jr –is a popular Ghanaian dancehall artiste. He was born in the Ghanaian capital –Accra –in 1984 and he combines artistic roles as a producer and reggae-dancehall musician. Though he has a number of remarkable songs to his credit, Shatta Wale is most acclaimed for “Dancehall King”. The song has been deemed his best and at the 2014 Ghana Music Awards, it won him an award titled “Artiste of the Year”. Shatta Wale –who previously went by the stage name “Bandana” –is the originator, CEO, and leader of the Shatta Movement Records. Asides being a musician, Shatta Wale has laid his hands on acting and starred in movies including “Shattered Lives” and “Never Say Never”.

Richest Dancehall Artist In Ghana
Shatta Wale 

Shatta Wale, who has been an active musician since 2004, is Ghana’s most talented dancehall artist. Meanwhile, he is said to have traveled out of Ghana into Jamaica where he devoted his time to learning dancehall. Without doubts, he is the African dancehall artiste with the highest number of awards and in his country –Ghana –he has been considered the second most decorated musician. His songs are a sumptuous blend of Afrobeat, Dancehall, and Reggae. Significantly, he launches almost one hundred songs every year. He was rated 38th on E.tv’s chart of “Top 100 Most Influential Ghanaians” in 2014.

  • Stonebwoy

Stonebwoy –born Livingstone Etse Satekla –is a popular Ghanaian artiste who combines reggae with dancehall and Afropop. At the 2015 Ghana Music Awards, he was awarded “Artist of the Year” and at the 2015 Bet Awards, he was awarded Best International Act: Africa. Stonebwoy commands significant influence as one of the best Ghanaian Dancehall and Reggae artistes and he serves as the CEO of Burniton Music Group.

Born in the Ghanaian area of Ashaiman in 1988, Stonebwoy has been an active musician since 2009 and he currently sings under two record labels namely Zylofon Media and Burniton Music Group. Stonebwoy started making music right from his childhood, precisely during his early school days. He attended the same school as fellow Ghanaian rapper Sarkodie. Having completed his education at Methodist Day Secondary School, he proceeded to the University of Professional Studies from where he finished as a degree holder in Marketing.

The Richest Dancehall Artist In Ghana
Stonebwoy

Stonebwoy among the richest dancehall artist in Ghana, he is said to have been motivated by his family and right from his days in high school, he has been going by the stage name “Stonebwoy”. He featured in rap battles at which he outshone several rappers. In admiration of Stonebwoy’s music style as well as his startling performances at rap battles, Samini was encouraged to endorse him to his record label known as “Samini Music”.

  • Samini

Samini –born Emmanuel Andrews Samini –is a native of Wa and he is considered one of the best Ghanaian Dancehall artists. He was born in the Ghanaian capital –Accra- in 1981. He is a prolific Dancehall and Reggae recording artiste and his songs combine music genres like hip-hop, hiplife, reggae, and dancehall.

Samini received an endorsement from Ashanti International for his first record deal. However, he eventually withdrew himself from the record label and thereupon set up his own record label.

Richest Dancehall Artist In Ghana
Samini

Previously known as Batman Samini, among the richest dancehall artiste, Samini,  has been an active musician since 1999 and currently, his diverse occupational endeavours distinguish him as an entrepreneur, actor, singer, rag, and rapper. In his music career so far, Samini has a total of six studio albums and each of his albums has hit massive sales in the market. Samini’s musical recognition and breakthrough started apparently when the singer came up with his debut single titled “Linda’’. Following his first single, Samini proceeded to feature in several hit singles released by other artists. Besides being one of Ghana’s leading dancehall artistes, Samini has fortified his music career with substantial wealth and a decent amount of accolades.

  • Scata Bada

Scata Bada –born Rashid Mortey –is a Ghanaian songwriter cum dancehall/reggae artiste. He was born in Ghana in 1987. At the beginning of his music career, he was part of a duo of rappers. However, he eventually decided to be a single artist for personal reasons. Lyfstyl Entertainment –a self-dependent record label –appeared and revealed an interest in the artiste. This was in 2014 and before long, Scata Bada was signed to Lyfstyl Entertainment as his first record label. Under this label, the artiste recorded a number of songs including “Style it’’ –Scata Bada’s major hit single in which he featured Sarkodie.

At the moment, Scata Bada records songs under the label Abbey Music Records and has established himself as an independent artiste long since 2016. At the 2016 Bass Awards, he received a nomination for the Discovery of the Year. Having been an active musician since 2014, Scata Bada has released a good deal of songs and kept himself among the vibrant dancehall artistes in Ghana.

  • Kaakie

Kaakie –born Grace Kaki Awo Ocansey –is a renowned dancehall artiste. She was born in the Ghanaian region of Accra, Ada in 1991. In addition to her stage name “Kaakie’’, she is popularly dubbed “Dancehall Queen’’ and has remained an active musician since 2012. She currently records music under Xtra Large Music –the first and only record label she has been signed to.

Wealthiest Dancehall Artist In Ghana
Kaakie

Kaakie grew her music passion at a young age. At the time, she would listen to various songs with different genres. Also, she did karaoke editions for the majority of the songs she was fond of listening to. During her time at the university, she was given the chance to appear in “Starts of the Future” –one of the reality TV shows. During her struggles to emerge a superstar, Kaakie featured amongst the contestants in the singing competition that was aired on Ghanaian TV for several weeks. However, along the line, she was knocked out of the competition and was ranked 5th. Through this scenario, she was lucky to come across Joshua Raphaelson –a popular Ghanaian Executive Producer cum Sound Engineer. Courtesy of Charter House, Joshua Raphaelson endorsed Kaakie to his record label known as Xtra Large Music.

  • Iwan

Iwan –born Abdul Razak Issahaku –is a well-known Ghanaian dancehall and reggae artiste. He was born in the Ghanaian capital –Accra –in 1985. Though “Iwan’’ remains his stage name, he is also called “Lyrical Gunshot’’. A graduate of Legon-based University of Ghana, Iwan holds a B Sc degree in Fine Arts and studied Theatre Art, Music and Dance during his days in the University.

Iwan has remained an active musician since 2008 and he holds the great distinction as the first Ghanaian to be given an award in dancehall/reggae. Precisely, the name “IWAN’” is an acronym for “I Win Always Naturally’’. Iwan was signed to Bullhaus Entertainment for his first record label but currently, he records songs under Gideon Force. In 2010, he came up with his first album titled “Iwan –My Time”.

Abdul Razak Issahaku –known by the stage name “Iwan” –is a native of the Dagomba tribe in the northern part of Ghana. His birth came about in Accra to (mother) Ajara Mamudu and (father) Issahaku Atta. In a family of seven children, Iwan is the last-born child amongst 4 girls and 3 boys. Having finished his education at St. John’s Junior Secondary School, Iwan moved to Accra High School where he completed his secondary education.

  • Eye Judah

Eye Judah –born Bernard Okaiteh –is a Ghanaian artiste that skillfully combines Reggae, Dancehall, and Afropop. He was born in the Ghanaian capital –Accra –in 1991. Recently, he was endorsed by a Ghanaian-based record label known as Freedom Cry Records. Eye Judah’s songs are being circulated globally by VPAL Music which serves as the “distribution wing’ for VP Records –the world’s biggest Reggae and Dancehall record label.

Bernard Okaiteh, popularly Eye Judah, has been an active musician since 2012. He is a native of James Town situated in Ghana’s Greater Accra region. Bernard’s dad is a choirmaster and this triggered Barnard’s fervent love for music. Having developed his music passion at a very tender age, Bernard grew stronger inclinations for Reggae and Dancehall music at the time he was in Junior High School. Meanwhile, his love for music reached the spotlight at the time he was admitted to Senior High School (Pope John).

At the 2015 Bass Awards, Bernard received a nomination for the Discovery Artist of The Year as a result of his diligence and ample time devotion towards working out his music skills. So far, he has released a good deal of singles and today, he is considered one of the best dancehall artistes in Ghana.

That’s all about The Richest Dancehall Artist in Ghana 2020.

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Top 50 Richest Countries In Africa 2020 GDP Per Capita

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Ranking of the Richest Countries In Africa Based On GDP Per Capita. Welcome to Africa, the 2nd largest continent in the world in terms of land mass. An extremely colourful place, full of wildlife and endowed with so many natural resources. Africa is green but incomplete without the desert to the north. Full of many cultures, traditions, and interesting languages, Africa is home to the majority of black people in the world. But Africa is not so awesome in every other way, being home to some of the poorest people, races, and nations of the world. Interesting fact about Africa, in one of the countries in Africa we have the world 5th richest man, richest woman in the world, best players just to mention in few. Africa is not entirely backward because of the presence of some countries. Follow me as I take you on a tour through the top 50 richest African countries, based on GDP per capita.

Top 50 Richest Countries In Africa GDP Per Capita 2020

 S/N  African Countries  Nominal GDP Per Capita
 1.  Seychelles  17,154.74
 2.  Mauritius  11,693.55
 3.  Equatorial Guinea  9,140.32
 4.  Botswana  8,263.22
 5.  Gabon  8,031.44
 6.  Libya  6,835.62
 7.  South Africa  6,331.46
 8.  Namibia  5,675.11
 9.  Algeria  4,229.78
 10.  Eswatini  4,205.67
 11.  Cabo Verde  3,650.11
 12.  Morocco  3,409.95
 13.  Tunisia  3,072.51
 14.  Angola  3,060.02
 15.  Egypt  3,019.72
 16.  Republic Of Congo  2,443.75
 17.  Ghana  2,262.57
 18.  Nigeria  2,233.45
 19.  Djibouti  2,218.05
 20.  Sao Tome and Principe  2,147.16
 21.  Kenya  2,010.51
 22.  Cote d’Ivoire  1,722.56
 23.  Cameroon  1,537.61
 24.  Senegal  1,510.20
 25.  Zimbabwe  1,423. 49
 26.  Lesotho  1,372.51
 27.  Zambia  1,343.57
 28.  Eritrea  1,253.06
 29.  Mauritania  1,191.51
 30.  Tanzania  1,172
 31.  Benin  954.10
 32.  Ethiopia  951.10
 33.  Mali  933.88
 34.  Guinea  926.33
 35.  Chad  888.29
 36.  Guinea-Bissau  865.74
 37.  Comoros  832.87
 38.  Rwanda  829.97
 39.  Uganda  828.06
 40.  The Gambia  778.08
 41.  Burkina Faso  744.24
 42.  Sierra Leone  516.76
 43.  DR Congo  495.08
 44.  Mozambique  493.37
 45.  Niger  487.68
 46.  Madagascar  470.67
 47.  Central African Republic  440.99
 48.  Malawi  366.532
 49.  Burundi  309.87
 50.  South Sudan  235.52

Details of top 10 richest countries in Africa.

  • 1. SEYCHELLES 

GDP per capita: $17,154.74

Seychelles - Which Country Is The Richest In Africa
Seychelles

Topping our list for the first time is a small island located in the Indian ocean. With a population that is less than 200,000 inhabitants, this small nation is the richest African nation owing to its fishing and tourism industries. This country as small as it is, it is having the most stable, and best economy in the whole of Africa, this is own to her well-planned income from abroad, a well-structured and less corrupt countries, her citizen enjoy the benefit of good government and respect to that, they work more on fishing in which they are taking the advantages of Indian ocean close to the country, fish has been exported overtimes in which this is putting smile on their GDP on yearly basis.  More also, with beautiful artifacts, cool and nice serene has helped the country to attract tourist which is adding value to their GDP.

  • 2. MAURITIUS  

GDP per capita: $11,693.55

MAURITIUS

Arguably Africa’s most developed nation, Mauritius is the second richest African nation. Essentially due to favorable government policies, this nation has an economy that thrives on the textile industry as well as sugar production and tourism. This country has done more exploit in the textile industry, a well-structured and good-looking environment which was pre-planned and well-organized plans of the government to make available environment and country attracted to investors, which is undoubted has added to the value of this nation in every retrospect.

  • 3. EQUATORIAL GUINEA 

GDP per capita: $9,140.32

Equatorial Guinea-Malabo
Equatorial Guinea-Malabo

One of the luckiest nations on the continent, Equatorial Guinea “third on our list of richest countries in Africa” is a small nation with a small population with a large oil reserve. Owing greatly to the exportation of oil and better management than most African countries. With a few populations, Equatorial Guinea is a country leading other Africa country excluding Seychelles in term of economic stability and GDP per capita. A purposeful and well-mined exploration of the gift of nature deposited into this country has helped the economy of the country. With few practices of corruption, the GDP rises quarterly which denotes a well manage financial funds. 

  • 4. BOTSWANA 

GDP per capita: $8263.22

Once ranked among the poorest nations in the world, Botswana is now having one of the fastest growing economies on the planet. Owing all its economic powers to the mining and exportation of diamonds, Botswana is the second largest diamond producer in the world. This puts them at number four on this list of richest countries in Africa. Due to the result of poor management and corrupt practices, Botswana GDP fell to the least and ranked them the poorest country some years back, as a result of change in government, less corrupt practices, deliberate use of manpower in a manner of generating more income, natural deposit of coal which serves as raw material for diamond, has placed this country at a focal point of the most rapid and fast-growing nation with a good practices.

  • 5. GABON 

GDP per capita: $8,031.44

GABON Libreville
GABON Libreville

Gabon is an East African nation that is not densely populated. Owing to its large oil deposits, Gabon is one of the world’s largest oil explorer, miner, and exporter. Developed countries and neighboring Africa countries have been hovering around this country due to her inherent deposit of natural resources, her GDP has been increased owing to large shares and finances coming from countries outside Africa to invest in the oil and gas business in this country, which Is more predominate among the top Africa Countries. 

  • 6. LIBYA 

GDP per capita: $6,835.62

There’s not much to say about this north African nation. They are an oil exporting giant and owe their position on this list to the abundance of this mineral. The then president (Gadaffi) has really to see stable and good economy been witnessed by the citizen today. The major source of this country has lie solely on the exportation of oil and its derivatives.

  • 7. SOUTH AFRICA 

GDP per capita: $7,331.46

Top 10 Richest Countries In Africa
South Africa – Richest Countries In Africa

With a properly diversified economy, SA is one of the countries with the most developed economies on the continent. SA was Africa’s largest economy until it was recently displaced by Nigeria. South Africa boasts of developed tourism, mining, media and agricultural industries. This puts them comfortably at number five on this list. Media and tourism have been the major focal point of many governors in the country, the accommodating and amazing parks, natural artifacts, tourist center have driven more revenue to the country.

  • 8. NAMIBIA 

GDP per capita: $5,675.11

With an economy based heavily on mineral mining and exportation. Namibia is the world’s largest producer of uranium. With inputs from diamond exportation and with a population of fewer than 3 million people. Population density which always served as a deterring factor to economic growth was totally absent in Namibia, production of raw material for nuclear equipment, explosive and other ammunition, in which most developed countries invest in preparation for III world war. This has increased the GDP of this small country but in stature and economy well developed. 

  • 9. ALGERIA 

GDP per capita: $4,229.78

Located in the northern parts of the continent, Algeria has the second-best economy in the region. With an energy industry contributing more than 90% of the GDP, especially from exports of fossil fuels, Algeria is the 9th richest country in Africa.  Fossil fuels are adopted in biogas and as a result of different countries working tirelessly on how to generate power from fossil fuels and biogas, the demand for this has been high which pave way for the economic growth of the country. 

  • 10. ESWATINI 

GDP per capita: $4,205.67

Completely landlocked by South Africa, Eswatini makes the 10th position basically due to its agricultural industry. With less than 2 million people, Eswatini is heavily dependent on subsistence farming. As a country who has no seaport, where goods can be imported or exported by sea, this has placed them at the 10th position, as this country believes in economic diversification but due to natural phenomenon. 

  • 11. Cape Verde 

GDP per capita: $3,650.11

Officially called the Republic of Cabo Verde, this little nation is located in the mist of the Atlantic Ocean. A population of less than a million occupants, Cape Verde makes the 11th position on this list. As beautiful as this country is, it also acts as center of tourism to many outside the shore of the country. 

  • 12. MOROCCO 

GDP per capita: $3,409.95

Also, predominantly a white population, Morocco is a north-eastern country known for its exports of fertilizer inputs. This country has also made a name for itself in the tourism sector and rakes in a lot of income from agriculture and the textile industry. They came in 12th on this list. Most Africa countries depend on the fertilizers from Morocco to fertilize their farmland, most developed countries also import fertilizer from Morocco. 

  • 13. TUNISIA 

GDP per capita: $3,072.51

With a very vibrant economy making over $100 billion in gross domestic value, Tunisia is the 13th on this list of richest countries in Africa. Making them the third richest country in North Africa. As part of the good economy experienced by the citizens, the rate of unemployment is at its lowest and barest minimum.

  • 14. ANGOLA 

GDP per capita: $3,060.02

Known for their oil, Angola is the second largest oil producer on the continent. Angola also enjoys inputs from the agriculture and mining industries but has an economy that is predominantly based on oil exportation.

  • 15. EGYPT 

GDP per capita: $3,019.72

With a predominantly white population, Egypt is located at the northeast corner of Africa. Historically home to one of the very first civilizations, Egypt’s economy depends heavily on tourism as well as agriculture, media and natural gas.  

  • 16. REPUBLIC OF THE CONGO 

GDP per capita: $2,443.75.

  • 17. GHANA 

GDP per capita: $2,262.57

With more than 28 million people living within its borders, Ghana is one of the most populated African nations. Abundant with natural resources like gold and internationally known as the 2nd largest producer of cocoa, Ghana’s economy has over time survive the attack the world economic forces are pulling on her due to her large area of investment, conducive environment for investors, reduction in the rate of corruption, Ghana was recorded to be one of the Africa countries that is less corrupt. Ranges from Hollywood, music industry, textile industry, the production rate of raw material in top notch was recorded, this has added value to their gross domestic point and this places them in the top list of the richest Africa countries.

  • 18. NIGERIA 

GDP per capita: $2,233.45

Popularly known as the giant of Africa, Nigeria has the largest economy on the continent. Plagued with an ever-rising population, the Nigerian economy has failed to properly diversify from the influence of oil exploration and exportation.

 

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CONCLUSION

With a thorough exegesis we have done to the list of the richest countries in Africa in regards to their GDP, we can see Africa Countries depend majorly on the natural resources which are the oil deposit and farming, these two has really helped the continent called Africa, country on the top list are observed to be majorly countries with less population and good economy plan. Most countries made the list as a result of good governance and less corrupt leaders. Predominantly among the leaders of most countries are those that have less or no qualification in resources management and related field more reasons most Africa countries has been stagnated and unable to diversify the economy.

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Top Richest Bankers In The World 2020

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There are various points to note when the topic of the richest bankers in the world comes up, and there are so many things to say about bankers when the discussion arises. It is widely known that their work is a corporate job and anyone that works inside a bank is automatically known as a banker. In light of what is to be learned via this article, it would be duly reported here the influences that bankers make in the society at large, and the advantages they have brought about to the community.

Some people believe that bankers are the most hardworking people in the business sector as they invest all their time and life in serving others by making sure that funds deposited into the bank is kept safe and accounted for no matter how much.

In the bank, every penny is worth it, and that is why it is almost impossible to be a fraud in the banking sector as a banker and not get caught at one point in time. Many people have had themselves carted away due to some offenses like fraud and embezzlement in the bank, and such people are severely dealt with especially when they cannot provide the funds they have stolen.

TOP 10 RICHEST BANKERS IN THE WORLD 2020 

  • 1. JOSEPH SAFRA

Net Worth: 24.4 Billion
Nationality: Brazilian

Richest Bankers In The World
Joseph Safra

He is also a resident of Brazil and an investment banker who has major control over the banks in Brazil. He was born in Aleppo in Syria but grew up in Brazil with his family having so many connections in the banking industry. Joseph Safra’s bank known as Banco Safra is said to be the 6th largest bank in Brazil. He has an estimated net worth of $24.4 billion.

  • 2. JORGE PAULO LEMANN

Net Worth: $22.7 Billion
Nationality: Brazilian

JORGE PAULO LEMANN

JORGE PAULO LEMANNHe has a net worth estimate of about $22.7 billion and he hails from Brazil. His father was a Swedish immigrant and they lived the simplest life. Jorge worked in the USA before he went back to Brazil to set up an investment bank but he later sold his first bank and made a whopping amount, but he was not done yet. He soon established an equity firm that currently controls all the values from the beer market in South America. He is known as the king of the beer industry.

  • 3. PETR KELLNER

Net Worth: 16.3 Billion
Nationality: Czech

PETR KELLNER
Petr Kellner

He is into business and bank management and investment at the same time and has a calculated bet worth of $16.3 billion. He is said to be the richest person in Czech where he mostly conducts business, and his money mostly came from bank portfolios.

  • 4. KEN GRIFFIN

Net Worth: $13.1 Billion
Nationality: American

Top 10 Richest Bankers In The World
Ken Griffin – 4th Richest Banker In The World

He is known to be an asset manager at Citadel who is worth about $13.1 billion and he is said to be very competitive in nature. He owns investment banks across the USA and his mode of business not only centers on the companies alone, but it is also client-centered.

  • 5. ANDRE ESTEVES

Net Worth: $3.5 Billion
Nationality: Brazilian

He has a versed knowledge in Computer Science hence his swiftness when it comes to business. He has a calculated net worth of about $3.5 billion and he takes his business very seriously. His life centers on his business and he is said to not go a day without his business, as he says, that, that is who he is. He is also a philanthropist.

  • 6. IHOR KOLOMOYSKYI

Net Worth: $1.1 Billion
Nationality: Ukrainian

This investment banker comes from Ukraine and represents his country on the list of richest people in the world according to Forbes. He is also one of the richest in his country and has earned so much respect from his country. Though his money was lost during the war, Ihor has managed to stay atop of his game no matter what. He is largely into investment banking and that is where most of his wealth originates from. People often said Ihor was a corrupt man because he had underground connections with government officials but this did not hinder him in any way. He has a calculated net worth value of $1.1 billion. 

  • 7. NATHANIEL ROTHSCHILD

Net Worth: $1 Billion
Nationality: American, British

NATHANIEL ROTHSCHILD
Nathaniel Rothschild

His net worth is estimated at about $1 billion and he is on the list of the richest people in the world. The Rothschild family is a prestigious one whose lineage started as far back as 1700. He is into banking as a profession and though he resided in Germany with his family, he had so many banks in other countries. Nathaniel Rothschild is a successful investment banker and he is no doubt proud of himself and his accomplishments.

  • 8. GARY COHN

Net Worth: $285 Million
Nationality: American

This is the first man on the list with a net worth in millions which is estimated at $285 million. He is a current chief economic adviser to the President of the United States of America known as Donald Trump. Before his appointment, he was a Chief Operating Officer for Goldman Sachs. He has a proud career in investment banking, and all this began when he was working at Goldman Sachs.

  • 9. ROGER ALTMAN

Net Worth: $180 Million
Nationality: American

He is an American who is very successful in investment banking. He founded Evercore, which is known as a firm that operates in investment banking independently, and he used to be a Democratic in politics. An administration known as Carter administration had him as an assistant. Roger Altman is regarded as one of the most influential leaders in the United States of America.

… Still On The Richest Bankers In The World

Who Are The Richest Bankers In The World

As a banker, there are various functions that you have towards the society at large, and it is very important for people to know what these duties and functions are that the bankers have towards the community.

In a place where there are little developments, such as the rural areas, and a bank is present in such an area, it is, therefore, the duty of a banker and the bank at large to enlighten the public on the uses of the bank and the various functions that a bank or banker has towards the community.

FUNCTIONS OF A BANK

  1.  TO HELP PEOPLE BECOME PRUDENT

The bank has been a very large source of help for people who do not know how to keep their money from going into frivolities. People do not know how to stop spending their money as long as it is within their rich, so the bank serves as a guiding policy to help people reduce the mode at which they spend money and help them become prudent spenders.

  1.    KEEPS MONEY SAFE

The bank has tight security that is capable of keeping outsiders away from your saved money within the four walls of the bank. Except for several occasions when people are held at gunpoint, it is often very safe to keep your money in the bank rather than leaving it lying around in the home at risk of a robbery attack.

  1.    GIVES INSURANCE

While your money is saved in the bank, you are given insurance that no matter what your money will be safe, but you do not get that type of Insurance when your money is in your home. When armed robbers come to the home and carts away all the money in the home, then there is no Insurance on that money that you will get it back, especially when the robbers were not caught by the policemen.

  1.    HELPS TO STABILIZE THE ECONOMY

The flow of money in and out of the country helps the economy to become stable. When there is cash flow adequately in the country, people spend wisely, and they invest to get more money for themselves. This is a way by which the bank has helped to make the economy of a country stable for its citizens.

How Has The Bank Helped The Community

  1.    By posing as a channel to enlighten people about the dangers of keeping money at home.
  2.    By giving orientation to people on bank use
  3.    By instilling courage and readiness in people to come to the bank
  4.    By nourishing and establishing small-scale businesses for people
  5.    By investing in companies that would benefit the society at large.

Looking at all these functions, we can truly say that the bank is a large gain to the community, and bankers are an added advantage because, without them, the bank will not be able to run. And without the bank, there would be no profession known as banking.

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CONCLUSION ON THE RICHEST BANKERS IN THE WORLD 2020

These list of people who were mentioned above rose against all odds to be where they are and in their various countries, they are holding the economy into a balanced state.

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