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.

Richest People in Papua

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.

Richest People in Papua

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.


4. Peter O’Neill

‘Peter Charles Paire O’Neill, CMG is the Prime Minister of Papua New Guinea since 2011. He is born in Lalagam , Pangia , Southern Highlands Province on 13 February 1965.

O’Neill’s father, Brian O’Neill, was an Australian-born magistrate of partial Irish descent. His mother, Awambo Yari, a Papua New Guinean, came from the Southern Highlands. His father moved to Papua New Guinea in 1949 as an Australian government field officer, known in Tok Pisin as a kiap, later serving as a magistrate in Goroka until his death in 1982.

Peter O’Neill spent his first years of his youth in his mother’s village and entered his father’s urban household after going to secondary school. O’Neill was educated at the Pangia Primary School , Ialibu High School and Goroka High School .

After leaving school he obtained a Bachelor’s in Commerce at the University of Papua New Guinea (UPNG) . This was followed by an honors degree in accountancy from UPNG. He obtained a professional qualification and became a Certified Practicing Accountant in 1989.

A year later he became President of the PNG Institute of Certified Practicing Accountants. Peter O’Neill became a partner in Pratley and O’Neil’s accounting firm. He combined this with a substantial number of directorships, often as Executive chairman.


5. Paias Wingti

Paias Wingti is a Papua New Guinean political figure. He served as the 3rd Prime Minister of Papua New Guinea between 1985 and 1988, and again from 1992 to 1994.

Richest People in Papua

Wingti is a member of the Jika Tribe of the Western Highlands province, and was born in Moika village, near Mount Hagen. He did not go to school until the age of 10, but was later educated at Mount Hagen High School.

He enrolled at the University of Papua New Guinea in Port Moresby in 1974, and first visited Australia as an Australian Union of Students delegate for the UPNG Student Representative Council. While doing his final year in Economics at university, he contested the 1977 election, and won the Hagen Open seat, joining Michael Somare’s Pangu Party.

He served as Minister for Civil Aviation from 1978 until the defeat of the first Somare government in 1980, and when Somare returned to power in 1982, became Deputy Prime Minister. He split with the Pangu Party in 1985 and formed the People’s Democratic Movement, becoming Leader of the Opposition.

In November 1985, he moved a successful no-confidence vote against the Somare government and became the third Prime Minister of Papua New Guinea aged 34. Julius Chan, the second Prime Minister, served as Wingti’s deputy. He was made a Privy Councilor in 1987.


6. Don Polye

Don Pomb Polye is a senior Papua New Guinean politician from Enga Province. He has been a Cabinet Minister under two Prime Ministers to date, and was briefly Deputy Prime Minister from July to December 2010. Earlier, he has held Foreign Affairs, Immigration, Transport, Civil Aviation, Finance and Treasury portfolios.

Polye was first elected in 2002 to the National Parliament of Papua New Guinea representing the Kandep Open electorate as a member of the National Alliance Party. He was the Minister for Transport and Civil Aviation from July 2006 to August 2009.

Sir Michael Somare, the Prime Minister, appointed Polye to that position in July 2006 as part of a Cabinet reshuffle. He was also Deputy Prime Minister from July 2006 until August 2007. As Minister for Civil Aviation he introduced an “open air” policy ensuring that Air Niugini faced competition from other airlines starting from 2007.

Polye was rushed from a political rally in his Kandep electorate in June 2007 after shots were fired. A rival candidate for his seat was later charged with attempted murder.

7. John Momis

John Momis is a politician and elected President of the Autonomous Region of Bougainville of Papua New Guinea. Momis was sworn in as President of Bougainville on June 10, 2010 for a five-year term. He defeated his predecessor, President James Tanis, and five other challengers by a landslide in the 2010 presidential election, in which he was a candidate of the New Bougainville Party.

He was reelected for a second period (2015-2020), in the general elections in May 2015. Momis served as a Catholic priest from 1970 until 1993, becoming active in politics and elected to the assembly in the 1970s.

He was a co-writer of the Constitution of Papua New Guinea and worked to establish a secessionist organization in what was then North Solomons Province. After it was confirmed as a province, he returned to national politics.

Following the end of the civil war, he was appointed as the Governor of Bougainville from 1999 until 2005. He was Papua New Guinea’s ambassador to the People’s Republic of China.


8. Belden Namah

Belden Namah is a Papua New Guinean politician and former military officer. He was deputy Prime Minister. In the 1990s, he was an officer in the Papua New Guinea Defence Force, with the rank of captain. He was involved in the aftermath of the Sandline affair in 1997.

In July, he and three other soldiers accompanied Captain Bola Renagi to see newly appointed Prime Minister Bill Skate, following Prime Minister Julius Chan’s resignation under military pressure over the use of mercenaries in the conflict in Bougainville province.

Renagi asked Skate to disband the Special Operations Group, to which the military was hostile. Namah, Renagi and the three other men were arrested and charged with sedition for their approach to the Prime Minister; the public prosecution argued that they had been attempting to obtain a pardon from the government for the military personnel involved in the near-coup of the Sandline affair.

Before entering politics, he was also a businessman, describing himself as being “into the multi-billion-dollar business of logging”.


9. Rabbie Namaliu

Sir Rabbie Langanai Namaliu GCL KCMG PC is a Papua New Guinea politician. He served as the fourth Prime Minister of Papua New Guinea from 4 July 1988 to 17 July 1992 as leader of the Pangu Party.

An ethnic Tolai, Sir Rabbie comes from East New Britain. He was educated in Papua New Guinea and in Canada, at the University of Victoria in Victoria, British Columbia. Prior to his political career he was an academic in the field of political science at the University of Papua New Guinea.

10. Bob Dadae

Sir Robert Dadae, GCMG is the Governor-General of Papua New Guinea. He assumed office as the tenth Governor-General on 28 February 2017, succeeding Sir Michael Ogio.

He was educated at the Ombo Lutheran Agency in Derim and the Bugandi High School, before completing a B.Com. degree from the University of Papua New Guinea (1988) and MBA degree from Griffith University (1995). Prior to his election to parliament, he was an accountant for the Evangelical Lutheran Church of Papua New Guinea and a board member of the Christian Press publishing house.

He was elected to the National Parliament of Papua New Guinea at the 2002 election as the United Party member for Kabwum Open, becoming the party’s deputy leader after the election. He became Deputy Speaker in 2004. He was again re-elected at the 2007 election, and served as Minister for Defence under Michael Somare from 2007 to 2011. He crossed to the People’s National Congress after Somare’s 2011 ouster, and was re-elected under that banner at the 2012 election.

He was appointed to the Order of St Michael and St George on 5 May 2017. He was appointed to the Order of St John on 18 August 2017.


4 thoughts on “2022 Top 10 Richest People in Papua New Guinea”

  1. All of them became such through politics through corruption. That’s how they became rich
    People money were swindled none of them.can say I was a businessman
    All thieves

  2. The top 10 richest people are the politicians and where they get all those money from? They are not serving the interest of the people but they are serving own interest and steal people’s money.

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