2022 Top 10 Richest People in Papua New Guinea

Richest People in Papua New Guinea 2022. Have you ever guessed who are the Richest people in Papua New Guinea? In this article, Topmost10 countdowns the top 10 Richest people in Papua New Guinea.

The Richest People in Papua New Guinea is made up of mainly Businessmen and Politicians who pull the strings on the big table.

Top 10 Richest People in Papua New Guinea 2022

1. James Marape

James Marape is a Papua New Guinean politician, who is serving as the Prime Minister of Papua New Guinea since May 2019. He has been a member of the National Parliament of Papua New Guinea since July 2007, representing the electorate of Tari-Pori Open in Hela Province in the highlands. He has held Cabinet Posts as Minister of Education (2008–2011) and Minister of Finance (2012–2019).

 

2. Julius Chan

Sir Julius Chan GCL GCMG KBE PC was Prime Minister of Papua New Guinea from 1980 to 1982 and from 1994 to 1997. He is currently Member of Parliament for New Ireland Province, having won the seat in the 2007 national election. He is also the current Governor of New Ireland Province, since 2007.

Born on Tanga Islands, New Ireland Province to Chin Pak, a trader from Taishan, China, Julius Chan was educated at Marist College Ashgrove in Brisbane, Queensland, Australia.

He first became actively involved in politics in the 1960s. He was elected to represent the Namatanai district of New Ireland province in the pre-independence National Assembly in 1968 and was re-elected in 1972, 1977, 1982, 1987 and 1992.

He was Deputy Prime Minister four times (1976, 1985, 1986, 1992-1994), and Minister of Finance twice (1972–1977, 1992–1994). He also held the portfolios of Primary Industry (1976) and External Affairs and Trade (1994). Chan became leader of the People’s Progress Party in 1970. He was knighted as a Knight Commander of the Order of the British Empire (KBE) in 1981, and appointed a Privy Counsellor the next year.

 

3. Mekere Morauta

Sir Mekere Morauta, KCMG is a Papua New Guinean economist and political figure. Sir Mekere was born in 1946 in Kukipi, a coastal village east of Kerema in the Gulf Province of Papua New Guinea, and was educated at local primary schools and at Kerema High and Sogeri National High.

He went on to study at the University of Papua New Guinea, where he obtained a Bachelor of Economics in 1970. He was also an exchange student at Flinders University in South Australia.

After graduating from university he worked as an economist in both the public and private sectors. In 1975 he was the first Papua New Guinean to be appointed Secretary of the Department of Finance, a position which he held until 1982.

Other positions he has held include Managing Director of the government’s commercial bank, the Papua New Guinea Banking Corporation (1983–1992), and Governor of the Bank of Papua New Guinea (1992–19993), PNG’s central bank. Morauta was also a successful businessman after he retired from governing the central banFrom 1994 to 1997, he was executive chairman of Morauta Investments, Ltd. (Delta Seafoods and Morauta and Associates). After entering politics he withdrew from actively managing the firm and his wife Lady Roslyn Morauta took over the management of the firm.

Sir Mekere was a member of the so-called “Gang of Four”, a group of influential young civil service chiefs who played a leading role in holding together public administration and public policy in the formative decade or so after Papua New Guinea’s independence in 1975.

The other members of the group were Charles Lepani, Sir Rabbie Namaliu and Sir Anthony Siaguru. Namaliu also later went on to become Prime Minister. Morauta maintained from that period on a strong professional and warm personal relationship with the Australian economist Ross Garnaut.