2020 Richest People in Papua New Guinea: Here are the top 10

1. Michael Somare (Richest People in Papua New Guinea)

Sir Michael Thomas Somare GCL GCMG CH CF SSI KSG PC MP is a politician who served as the Prime Minister of Papua New Guinea from 2002 to 2011; he had previously been Prime Minister from independence in 1975 until 1980 and again from 1982 until 1985.

Richest People in Papua

Somare’s first two terms were as a member of the Pangu Party, but he then became leader of the National Alliance Party. He was re-elected as Prime Minister in the 2007 election, and his family announced his resignation due to ill health in June 2011.

On 12 December 2011, the Supreme Court of Papua New Guinea ordered that Somare be reinstated as Prime Minister, ruling that his successor, Peter O’Neill, was not lawfully appointed. 

This event triggered the 2011–12 Papua New Guinean constitutional crisis. Following a decisive victory for O’Neill in the 2012 general election, Somare expressed support for him, thereby ending the crisis and forming a coalition government.

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