15 Highest Paid Political Leaders in the World 2014 Political leaders who are at the helm of affairs are responsible for the general well-being of the country. They carry immense responsibility on their shoulders. They deserve fair compensation for their services. However, compensation of leaders of some countries is exorbitant. Here are some countries where the ratio of political leader’s pay to their country’s GDP per person is very high. For instance if the ratio is say 8 percent, the political leader would be earning 8 times what an average person in the country earns. Top 15 Highest Paid Political Leaders in the World: 1.) Lee Hsien Loong, Prime Minister of Singapore – $2,183,516 Singapore Prime Minister Lee Hsien Loong takes home $2,183,516 every year. The salary is more than 40 times that of an average Singaporean. 2.) Leung Chun-ying, Chief Executive of Hong Kong – $530,000 The Chief Executive Leung Chun-ying is the head of the government of Hong Kong. At $530,000, his annual salary is nearly 12 times that of an average citizen of the Hong Kong Special Administrative Region; more than 27 times the salary of Chinese President Xi Jinping, who earns $19,000 per annum, just 10,000 yuan per month. 3.) Barack Obama, President of United States – $400,000 Obama is the President of the United States of America. He is the head of state and the head of government of the USA. His annual salary is $400,000, nearly eight times that of an average American. The salary of the President of the United States of America was doubled during George Bush Junior’s tenure. 4.) Tony Abbott, Prime Minister of Australia – $345,000 The 28th Australian Prime Minister is pulls in a base salary of $345,ooo per annum, after an increased on his salary. 5.) Michael D. Higgins, President of Ireland – $340,000 Higgins annual salary is $340,000; after taking office he requested that his salary be reduced by 23.5 percent from €325,000 to about €250,000. 6.) Stephen Harper, Prime Minister of Canada – $296,400 PM Stephen Harper is six on the list with a salary of US$29,400 yearly. Most people will argue he is earning too much. 7.) John Key, Prime Minister of New Zealand – $290,000 John Key is the Prime Minister of New Zealand. His annual salary is $290,00o. It is around 10 times the salary of an average New Zealand citizen. 8.) Angela Merkel, Chancellor of Germany – $283,608 Angela Merkel is the leader of Europe’s largest economy. She pulls in an annual salary of $283,608. Many will say she deserve the salary, she is an original architect of the 28-member European Union. 9.) Shinzō Abe, Prime Minister of Japan – US$273,000 The Prime Minister of Japan, Shinzo Abe, is the head of government of Japan. He takes $273,676 home every year. That is around eight times the annual salary of an average Japanese citizen. 10.) Jacob Zuma, President of South Africa – $272,000 The President of the Republic of South Africa is the head of state and head of government under the Constitution of South of South Africa. Jacob Zuma is the current President of South Africa. His annual salary is $272,280. He earns around 26 times more than the average citizen of the country. 11.) Francois Hollande, President of France – $230,000 President of France, François Hollande has a salary of $230,000. The president’s gross salary, which more than doubled under Mr Sarkozy, took a cut to €14,910 a month from €21,300. 12. Ma Ying-jeou, President of Taiwan – $184,000 The Chinese President’s salary is just 20% of what his Taiwanese counterpart Ma Ying-jeou earns. 13.) Uhuru Kenyatta, President of Kenya – $132,000 Kenyan President Uhuru Kenyatta took a 20% pay cut, his basic salary is now $132,000 per annum while the former president Raila Odinga earned $427,886 per annum. That was staggering 240 times that of an average Kenyan citizen. According to Forbes, Kenyatta has a net worth of $500 million. 14.) Park Geun-hye, President of South Korea – $187,000 The South Korean president too
Posted on: Wed, 01 Oct 2014 16:07:13 +0000
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