|Real Name:||Jacob Gedleyihlekisa Zuma|
|Birth Date:||April, 12th 1942|
|Birth Place:||Nkandla, Natal Province, South Africa|
|Age:||80 years old|
|Spouse(s):||Getrude Sizakele Kumalo, Nompumelelo Nuti, Thobeka Mabhija, Gloria Bongekile Ngema,|
|Profession:||Politician, Anti-apartheid Activist|
Are you searching for Jacob Zuma net worth? If yes, you’re certainly not alone as Jacob Zuma’s net Worth is no doubt one of the most searched key phrases.
Jacob Gedleyihlekisa Zuma is a South African politician who served as 4th South African President having his term in office from 2012 to 2018.
It’s good you’re here! We’ll be unleashing to exactly Jacob Zuma net worth, and all other relevant pieces of information like his early/personal life, political career/controversies/ordeals, awards, honorary degrees/other honors, and charitable activities in a more summarized way just to help you know him very well.
Early Life And Personal Life
Before we talk about Jacob Zuma net worth, let’s talk about his early life.
Jacob Gedleyihlekisa Zuma alias Msholozi was born on April 12th, 1942 in the rural region of Nkandla, which is in this day’s Kwazulu-Natal Province of South Africa.
His father, Nobhekisisa, was a policeman while his mother, Geinamazwi, was a domestic worker.
Unfortunately, Zuma’s father died when he was just five years old.
Zuma was raised in a family of three brothers and a sister, notably Joseph Zuma, Michael Zuma, and Muthukabongwa Zuma.
Jacob Zuma didn’t have any formal education due to his family moving too often when he was young.
Jacob Zuma is a known polygamist and practices the traditional Zulu culture.
He has been married six times.
Zuma has an estimated number of 20 children but the identified ones are 4 which include Dudzile Zuma, Duduzane Zuma, Mxolisi Zuma, and Msholozi Zuma.
In addition to his six wives, Zuma has also been engaged to a few other women, with Princess Sebentile Dlamini, a niece of the Swazi King Mswati III included.
Zuma was also engaged to Nonkanyiso Conco, a cast member on “Real Housewives of Durban.”
Jacob Zuma currently is married to four women, Gertrude Sizakele Khumalo, Nompumelelo Ntuli, Thobeka Mabhija, and Gloria Bongekile Ngema.
In February 1990, the African National Congress (ANC) was unbanned in South Africa in February, and Zuma immediately returned to the country.
The Action National Congress (ANC) came into power through the 1994 South Africa presidential election.
Nelson Mandela was elected president while Jacob Zuma became a Member of the Executive Council for Economic Affairs in Tourism in his home province of KwaZulu-Natal.
In 1997, Jacob Zuma was elected Deputy President of the Action National Congress (ANC) at the party’s 50th National Conference in Mafikeng.
Subsequently, in 1999 Zuma bagged an appointment as the Deputy President of South Africa.
He served under President Mbeki and was a very crucial part and chief mediator in the Burundi peace process.
While he served, Zuma came under fire for corrupt practices.
Despite his corrupt practices, Zuma was in 2004 re-elected.
President Mbeki removed Zuma from his post following corruption charges, but the High Court in South Africa however ultimately dismissed the charges against him.
Jacob Zuma’s Political Career
Jacob Zuma became interested in politics from an early age precisely at age 17 in 1959 and began engaging in anti-apartheid activities.
He joined the African National Congress (ANC), was fast rising, and got to the top of the party’s national leadership, becoming secretary general in 1991.
In 1994, Zuma became the party’s national chairperson.
He, Zuma was associated with several other anti-apartheid groups and movements after the ANC was banned in the country.
The Action National Congress (ANC) won the 2009 national election and Jacob Zuma emerged as the President of South Africa.
Immediately assuming office, Zuma established the National Planning Commission and tasked it with helping South Africa through its first recession since the end of apartheid.
Zuma also launched the R4-trillion National Infrastructure Plan and signed a nuclear power deal with the Russian Government but was unfortunately blocked by the Western Cape High Court in 2017.
Be it as it may, critics have said that Zuma’s administration ultimately contributed to the country’s debt burden having that many of his economic policies were not implemented aright.
Just, as usual, after he was re-elected, Jacob Zuma’s second term in office was full of controversies.
There were some investigations into how state funds were being used to make various upgrades to his private home.
A good number of corruption allegations ultimately led to the end of Zuma’s stay in office.
Zuma officially resigned from office in February 2018.
Controversies And Ordeals
In 1962, Jacob Zuma was thrown into jail for conspiring to overthrow the apartheid government.
He was sentenced to ten years imprisonment which he served on Robben Island alongside Nelson Mandela.
Jacob Zuma had some time ago been charged with a rape case involving a 31-year-old woman.
He however admitted to having consensual unprotected sex with the woman, as charged even with his knowledge that the lady was HIV positive.
In October 2008, Zuma was ultimately acquitted of the rape charges.
Notwithstanding all the controversies, Jacob Zuma retained his popularity figure in South Africa.
Jacob Zuma’s supporters thought that his dismissal from public office and the charges against him came as a result of a political conspiracy.
Zuma’s supporters often rallied outside of courthouses where he was being trialed and remained fiercely supportive of him.
Their support was so strong that he, Zuma was elected president of the ANC in December 2007 even before he was acquitted of the rape charges.
More charges were served against Zuma only a week later, this time for corruption fraud, and racketeering.
However, a judge declared the charges unlawful on a technicality, and Zuma was allowed to run for president of South Africa in 2009.
While Jacob Zuma was in office as president, there were different opinions that Zuma’s administration was corruption filled, further contributing to South Africa’s financial problems.
Jacob Zuma’s presidency however received accolades for its HIV/AIDS policy.
He, Zuma declared higher education free for students in the country who came from families earning less than a certain income.
Jacob Zuma despite some of his positive policies increasingly became less popular all through his first term in office.
In 2012, a campaign tagged “Anyone but Zuma”, running into the presidential election was staged, and Zuma beyond all odds won his reelection bid.
As a result of Zuma’s resignation, the Action National Congress (ANC) held its 54th National conference In December 2017.
At the conference, Matamela Cyril Ramaphosa narrowly beat Dlamini-Zuma in the ballot and took over from Jacob Zuma as the fifth democratically elected South African President.
Not long after he stepped down, Jacob Zuma was confronted with more legal battles.
In March 2018 the NPA announced that it was reinstating the charges against Jacob Zuma in connection to his relationship with Shaik and a French arms company; he faced 16 charges relating to racketeering, corruption, Money laundering, and fraud.
The trial began in May 2021 and Jacob Zuma pled not guilty.
Jacob Zuma was involved in a separate matter, a public investigation of allegations of corruption during his presidency, stemming from Madonsela’s 2016 “State of Capture” report.
The matter’s hearings began in August 2018.
Jacob Zuma appeared before the investigatory commission to provide some testimonies in July 2019 but then, he refused to participate any further.
Jacob Zuma accused the head of the commission, Deputy Chief Justice Raymond Zondo, of being biased against him and demanded his recusal, but it was denied him.
In June 2021 the Constitutional Court found Zuma to be in contempt of court for his refusal to participate in the commission hearings and sentenced him to 15 months imprisonment in June 2021.
Jacob Zuma Awards
Jacob Zuma received awards like:
Nelson Mandela Award for Outstanding Leadership( from the Medical University Of South Africa) in Washington DC, (1998).
Knight Of Grand Cross Of The Order Of The Bath (from a visit to the United Kingdom in 2010)
Imo Merit Award(the highest award in Imo State of Nigeria) (2017) of which a statue was unveiled consequently.
Honorary Degree And Other Honours
Jacob Zuma has also had honorary university degrees as follows:
Honorary Doctor of Administration from the University of Zululand in 2001
Honorary Doctor of Literature/Letters from The University of Fort Hare in 2001
Honorary Doctor of Philosophy from The University of Southern Africa in 2001
Honorary Doctor of Law from the University of Zambia(UNZA), Great East Campus in 2009 and
Honorary Professor of International Relations from Peking University in 2022.
Other honors include the conferment of the chieftaincy title “Ochiaga of Imo” on him as a result of his visit to the palace of Eze Samuel Ohiri of Imo State of Nigeria on October 15th, 2017.
Jacob Zuma Charitable Activities
Jacob Zuma also does charity as part of his activities.
He is the owner of Jacob Zuma Foundation, a non-governmental organization that helps in funding education for less privileged south African children.
Jacob Zuma Net Worth
It won’t be out of place to say that Jacob Zuma net worth all came through his political career or that he made all his money through politics, having it that he started his political career way very early and has been part of one government or the other.
Jacob Zuma net worth is accurately a whooping sum of twenty million dollars ($20 million).
A simple displayed statistics of government were used to calculate Jacob Zuma’s net worth, and compared to other countries presidents, Zuma earns approximately over seven thousand, eight hundred South Africa’s Rand (R7,800) which equates to $424.82 daily.
It may sound rather controversial if we say what brought about the huge and mind-blowing
Jacob Zuma net worth is majorly the reason behind his latest 15 months of imprisonment.
This is coming from the fact that he was always involved in one corruption charge or the other.
Recall Jacob Zuma was sentenced in June 2021 due to corruption charges.
However, Jacob Zuma regained his freedom following the completion of his jail term.
He Zuma reacted to his release and he said he felt relieved to be a free man and thanked his supporters.