3. Freundel Stuart – $89 million
Freundel Jerome Stuart, PC, QC, MP (born 27 April 1951) is the Prime Minister of Barbados. Succeeded David Thompson, who died on 23 October 2010 of pancreatic cancer. He is a member of the Democratic Labour Party (DLP).
Stuart served as acting Prime Minister of Barbados since May 2010 when Prime Minister David Thompson became ill with pancreatic cancer. Adriel Brathwaite succeeded Stuart in the positions he then held, namely Attorney-General and Minister of Home Affairs. Thompson died on 23 October 2010. Leaders of the Democratic Labour Party held an emergency meeting at the party’s headquarters on George Street in Bridgetown on the morning of Thompson’s death, during which Stuart was chosen as the next Prime Minister.
Stuart was sworn in as the 7th Prime Minister of Barbados the same day by Governor-General Clifford Husbands.
In 2011, Stuart was appointed as a member of the UN Global Panel on Sustainability.
Stuart won his first election as Prime Minister on 21 February 2013, defeating Barbados Labour Party challenger (for his constituency) Noel Lynch.
On 24 January 2014 Stuart became a member of the Privy Council of the United Kingdom.
Stuart has since announced his intention to turn Barbados into a republic and replacing the Queen of Barbados with a ceremonial president as head of state.