- Burkina Faso
- Cape Verde
- Central African Republic
- D.R. Congo
- Equatorial Guinea
- Guinea Bissau
- Ivory Coast
- São Tomé and Príncipe
- Sierra Leone
- South Africa
- South Sudan
Friday, November 17, 2017
Standing in front of the 30 or so luxury villas that she has had built
“We are blessed because we have Baba Mugabe,” she said. “He is the poorest president the world over." Grace Mugabe once declared.
Robert Mugabe has about £1bn-worth of assets, much of it invested outside Zimbabwe.
There were rumours that his assets “include everything from secret accounts in Switzerland, the Channel Islands and the Bahamas to castles in Scotland”. Grace Mugabe is said to have bought a number of properties in the affluent Sandton suburb of Johannesburg and there are reported to have been property purchases in Malaysia, Singapore and possibly Dubai.
The first lady is reported to have the sort of designer shoe collection that might be expected of a dictator’s wife and, notoriously, is said to have spent $75,000 (£56,000) on luxury goods on a single shopping spree in Paris.
Earlier this year the couple’s youngest son, Bellarmine Chatunga, posted on Instagram a photograph of his watch with the caption: “$60,000 on the wrist when your daddy run the whole country ya know!!!” Shortly afterwards, a video emerged showing the 21-year-old dousing his watch with champagne from a bottle of Armand de Brignac gold champagne, which retails at around $400 a bottle.
A small glimpse of Robert and Grace Mugabe’s wealth came to light in 2015, during a dispute over ownership of a $7.6m home in Hong Kong. There was a second glimpse earlier this year when the government-owned Herald newspaper reported that Grace had ordered a $1.35m diamond ring to mark her wedding anniversary.
In Zimbabwe itself, the couple have been more brazen. As well as the compound at Mazowe and the palatial home in the capital’s wealthy Borrowdale district, they have a number of land holdings. The best known is the Omega Dairy farm, one of the largest dairy farms in southern Africa. Opposition politicians have claimed that the Mugabes actually own 14 farms in the country, which would be in contravention of the constitution, which limits land holdings.