Liberia’s President Joseph Boakai declared his net worth just under a million US dollars, showcasing transparency in a new era of public officials disclosing their wealth. Unlike his predecessor George Weah, who refused to disclose his assets in 2018, Boakai shared details of his homes, cars, and livestock without any offshore assets. His assets tally up to US$970,419, demonstrating a relatively modest wealth compared to other top leaders in business and government.
Boakai’s commitment to transparency is evident in his efforts to rebuild trust and combat corruption in Liberia. Despite inheriting an economy with financial discrepancies, he aims to tackle graft and foster accountability within his administration. His proactive approach to disclose his assets contrasts with Weah’s previous lack of transparency, which led to allegations of missing banknotes and financial mismanagement during his tenure.
The push for transparency reflects Boakai’s determination to address corruption and promote openness in government, signaling a shift towards accountable leadership in Liberia.