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Forbes List: Top 8 Richest People from Kiribati in 2018

2. Teburoro Tito

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Teburoro Tito was the President and foreign minister of Kiribati from October 1, 1994 to March 28, 2003. He was elected for the first time in 1994. He was reelected in 1998 with 52% of the vote.

His main opponent was Harry Tong, who later ran against his brother, former President Anote Tong. Tito was reelected again in February 2003 with 50.4% of the vote. His main opponent was Taberannang Timeon.

Tito, however, was deposed by the Parliament in a no confidence vote just one month after his reelection. One of the main reasons for his ejection was his decision to lease an ATR-72-500 aircraft at the government’s expense; within six months this lease chewed up eight million USD.