The 7 Highest Paid Political Leaders in the World (2013)

When it comes to politics, pay’s a difficult issue. Sure, the current leader may be expensive, but consider the alternative: All it takes is one under-qualified choice, and the economy’s down the toilet faster than Thai food on a bad stomach. On the other hand, we’re talking about a cushy job where the biggest threat is usually an ass blister. Either way, here are the biggest earners in politics:

 

And that’s when we simplified the process to one dollar, one vote.

Important Note

The figures given below are approximated. They do not take into account special allowances, housing and car subsidies, bonuses, etc. In addition, the pay of politicians can change very quickly. Their salary is dependent on the relevant governing body and its policies.

Due to fluctuations in currency exchange rates, it’s also impossible to exactly convert various leaders’ salaries to Singapore dollars.

 

7th Place: Francois Hollande, President of France

 

French President Hollande delivers a speech during a visit to an elementary school in Dieudonne

 

Approximate salary: SGD $291,680 per annum

Needs to manage: Approx. 65 million people, 675,000+ square kilometers, at least 400 kinds of cheese

In Singapore, his pay amounts to: Inability to buy a car with his entire month’s pay cheque. Come on, France.

 

6th Place: Stephen Harper, Prime Minister of Canada

 

Approximate salary: SGD $387,351 per annum

Needs to manage: Approx. 34.4 million people, almost 10 million square kilometers, hockey violence and American tourists

In Singapore, his pay amounts to: His entire month’s pay cheque should just about make the down payment on a 5 room flat.

 

5th Place: Uhuru Kenyatta, President of Kenya

 

Uhuru-Kenyatta

 

Approximate salary: SGD $390,561 per annum

Needs to manage: Approx. 41.6 million people, 580,000+ square kilometers, and convincing the International Criminal Court that he hasn’t committed crimes against humanity. His case is probably next in line, after the producers of Jersey Shore.

In Singapore, his pay amounts to: His entire month’s pay cheque is less than Nparks once paid for 26 bicycles. Also, people need to stop cracking jokes about corruption in Africa. I’m just saying.

 

4th Place: Michael D. Higgins, President of Ireland  

 

Approximate salary: SGD $404,950 per annum

Needs to manage: Around 4.5 million people, 84,000+ square kilometers, and a self-inflicted pay cut. Approx. 65 “Irish invention” jokes per hour.

In Singapore, his pay amounts to: An average golf club membership. If he doesn’t go for too many frills.

 

3rd Place: Barack Obama, President of the United States of America

 

Barack Obama

 

Approximate salary: SGD $500,720 per annum

Needs to manage: Around 314 million people, 9.8 million+ square kilometers, Republicans, and the Free World.

In Singapore, his pay amounts to: His entire month’s pay cheque might cover the Cash Over Valuation of a resale flat (in a mature estate).

 

2nd Place: Donald Tsang, Chief Executive of Hong Kong

 

 

Approximate salary: SGD $642,173 per annum

Needs to manage: Just over 7 million people, 1,100+ square kilometers, more triad violence than a mongrel has fleas.

In Singapore, his pay amounts to: Something we’d consider “a good start”, every time we review the cost of living.

 

1st Place: Lee Hsien Loong, Prime Minister of Singapore  

 

lee hsien loong

 

Approximate salary: $2.2 million per annum

Needs to manage: Around 5.1 million people, 710 square kilometers, high inflation, immigration issues.

His pay amounts to: About four or five other people on this list…combined.

But hey, we’ve got a safe, clean country. And if you’d like to spy on other people’s salaries some more, do follow us on Facebook.

Image Credits: socialbarrel.com, Campaign for Release of Saeed Malekpour, daldoon.com, independent.ie, latimes.com, cuhk.edu,

Know any other highly paid leader we missed? Comment and let us know!

Get more Personal Finance tips and tricks on www.MoneySmart.sg

Click to Compare Singapore Home Loans, Car Insurance and Credit Cards on our other sites.



More From MoneySmart

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...
  • Glencore speeds up debt reduction with Australian copper mine deal
    Glencore speeds up debt reduction with Australian copper mine deal Reuters - 6 minutes ago

    Glencore Plc has agreed to sell all the gold and a 30 percent stake in its Ernest Henry copper mine in Australia to Evolution Mining for A$880 million ($670 million), advancing the Swiss giant's effort to pay down debt. The deal will take Glencore … More »

  • Asia stocks cement gains after recent rally, oil slips
    Asia stocks cement gains after recent rally, oil slips Reuters - 22 minutes ago

    Asian stocks consolidated recent gains on Wednesday, helped by Wall Street's rise overnight, even as oil prices slid after a surprise build in U.S. crude stocks. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.3 percent in early … More »

  • Analysts Gloomy on Hong Kong’s Exchange After Shenzhen Link (1) Bloomberg - 29 minutes ago

    The proportion of sell recommendations is at its highest level since 2013, according to data compiled by Bloomberg, and price estimates suggest an 8.6 percent stock decline in the next 12 months. “There’s no more optimism in the short term -- the … More »

  • Turkey strikes IS as Syria border tensions flare
    Turkey strikes IS as Syria border tensions flare AFP News - 37 minutes ago

    Turkey vowed to give full support to efforts to free a key Syrian border town from the control of Islamic State (IS) jihadists as anticipation grew of a major Ankara-backed offensive against the group. Activists have said hundreds of Ankara-backed … More »

  • Qantas posts record $1.1 billion profit amid restructuring Associated Press - 46 minutes ago

    Qantas Airways Ltd. posted a record full-year profit of 1.53 billion Australian dollars ($1.1 billion) on Wednesday, after undergoing a cost-saving restructuring amid steep losses just two years ago. The ... … More »

  • BOJ Spurs Bond Volatility on Policy Review Markets Can’t Predict Bloomberg - 49 minutes ago

    The only sure thing in the run-up to the BOJ board meeting next month may be wilder market swings. Volatile movements in Japanese government bonds are likely because debt investors aren’t able to price in the outcome of the meeting, according … More »

  • Global rally lifts Tokyo stocks in early trade AFP - 59 minutes ago

    Tokyo stocks rose on the back of a rally on global markets in early trade Wednesday, with automakers including Toyota and Honda rebounding from the previous session's sharp losses. Investors are now awaiting ... … More »

  • East Asia’s Foreign Ministers Hold Talks Amid Regional Tensions Bloomberg - 1 hour 3 minutes ago

    Japan’s Fumio Kishida hosted an informal dinner Tuesday evening for South Korea’s Yun Byung Se and Wang Yi of China, with the Asahi newspaper reporting that Kishida and Wang spoke informally for about an hour after the meal. Japan will hold … More »

  • Yuan Funds Abroad See 2016 Pickup After Luring $604 Million (1) Bloomberg - 1 hour 4 minutes ago

    China Asset Management Co. has seen more inflows into equity funds that invest offshore yuan into mainland equities since Britain’s June 23 vote to leave the European Union. CSOP Asset Management Ltd. had its strongest inflows in 14 months in June … More »

  • Three Charts Show Why China Has Bucked the Global Easing Trend Bloomberg - 1 hour 4 minutes ago

    Here are three charts showing why, and what it might take for Chinese policy makers to resume cutting the key rate. The PBOC’s foreign exchange reserves have steadied since March at around $3.2 trillion, halting a two-year drop. If reserves remain … More »

  • PBOC Said to Offer 14-Day Funds for First Time Since February Bloomberg - 1 hour 10 minutes ago

    The People’s Bank of China will auction 50 billion yuan ($7.5 billion) of the contracts in open-market operations Wednesday, the traders said. The central bank will also offer 90 billion yuan in seven-day reverse repos, the traders said. The higher … More »

  • Anchorvale Lane EC site draws 16 bids
    Anchorvale Lane EC site draws 16 bids The Edge Property - 1 hour 14 minutes ago

    The tender for Anchorvale Lane executive condo site in Sengkang has been closed after attracting 16 bids, according to HDB.“The tender results reflect a close race amongst the market’s seasoned players,” says Desmond Sim, Head, CBRE Research, … More »

  • Oil prices fall on U.S. crude stocks build; fears over China demand Reuters - 1 hour 20 minutes ago

    Oil prices fell early on Wednesday as an unexpected build in U.S. crude stocks weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. International Brent … More »

  • Pacific Equity Said to Start $1.5 Billion AST Auction Next Month Bloomberg - 1 hour 20 minutes ago

    AST may also reach out to stock exchange Nasdaq Inc. as well as trust banks State Street Corp., SunTrust Banks Inc. and Bank of New York Mellon Corp., said the people, who asked not to be identified because the matter isn’t public. Pacific Equity … More »

  • Cathay Pacific Applies to Sell $2 Billion in Medium Notes Bloomberg - 1 hour 30 minutes ago

    The medium term note program, arranged by HSBC Holdings Plc, is expected to take effect Wednesday, Cathay Pacific said in a statement to the Hong Kong Stock Exchange late Tuesday. Such debt programs are offered to institutional investors and give … More »

  • Mind the air-gap: Singapore's web cut-off balances security, inconvenience Reuters - 1 hour 39 minutes ago

    Singapore is working on how to implement a policy to cut off web access for public servants as a defence against potential cyber attack - a move closely watched by critics who say it marks a retreat for a technologically advanced city-state that has … More »

  • Cat Cafes In Singapore - Which Ones Are Value For Money?
    Cat Cafes In Singapore - Which Ones Are Value For Money? GET.com - 1 hour 41 minutes ago

    For all you kitty lovers who don't have cats of your own, cat cafes are important establishments... … More »

  • 4 Signs It's Time To Change Your Life
    4 Signs It's Time To Change Your Life GET.com - 1 hour 41 minutes ago

    Are you a stressed out Singaporean who's often too fatigued to care about how you're actually... … More »

  • Dollar edges up, as investors wait on Fed, Jackson Hole
    Dollar edges up, as investors wait on Fed, Jackson Hole Reuters - 1 hour 55 minutes ago

    The dollar edged up on Wednesday, moving off lows touched against the yen overnight, as markets looked to a gathering of global central bankers in Jackson Hole, Wyoming for clues on whether the Federal Reserve is poised to hike interest rates again. … More »

  • Oil Declines on Glut Concern as Asian Shares Rise; Rand Rebounds Bloomberg - 2 hours 7 minutes ago

    Crude dropped as much as 1.3 percent in New York after American Petroleum Institute figures showed that U.S. inventories increased by 4.46 million barrels last week. Shares rose in Japan and Australia, while stock index futures foreshadowed gains … More »

  • China’s Postal Bank Said to Seek Approval for $8 Billion IPO (1) Bloomberg - 2 hours 16 minutes ago

    The Beijing-based bank plans to seek approval from the Hong Kong bourse on Aug. 25, according to the people, who asked not to be identified as the information is private. Postal Savings Bank, ubiquitous in small-town China, joins Bank of Tianjin … More »

  • Qantas Pays First Dividend Since 2009 After Record Profit (2) Bloomberg - 2 hours 28 minutes ago

    The nation’s biggest carrier will pay a final dividend of 7 Australian cents a share and buy back as much as A$366 million ($279 million) of stock, according to a filing Wednesday. Joyce, who has cut thousands of jobs, deferred aircraft orders and … More »

  • Tokyo stocks extend global rally in opening trade AFP - 2 hours 29 minutes ago

    Tokyo stocks opened higher on Wednesday, extending a rally on global markets. The benchmark Nikkei 225 index climbed 0.32 percent, or 52.85 points, to 16,550.21 in opening deals, while the broader Topix ... … More »

  • MLQU is home in QC
    MLQU is home in QC Philippine Star - 2 hours 41 minutes ago

    Following exponential growth in its law enrollment rate in school year 2015-2016, Manuel L. Quezon University made another significant move to Quezon City last Aug. 19, coinciding with the 138th birth anniversary of the city’s visionary and former … More »

  • 4 Major Misconceptions Singaporeans Have About Their Critical Illness Insurance Plan DollarsAndSense.sg - 2 hours 43 minutes ago

    Find out if you have the same misconceptions about your critical illness insurance The post 4 Major Misconceptions Singaporeans Have About Their Critical Illness Insurance Plan appeared first on DollarsAndSense.sg. … More »

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.131+0.002+1.55%
    N21.SI
    1.00-0.01-0.99%
    Y92.SI
    0.154+0.005+3.36%
    AFC.SI
    0.585+0.022+3.91%
    5TP.SI
    0.99+0.02+2.06%
    H64.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.475+0.020+4.40%
    BHU.SI
    0.21+0.01+5.00%
    5KI.SI
    0.585+0.022+3.91%
    5TP.SI
    0.255+0.010+4.08%
    T18.SI
    1.865+0.115+6.57%
    5ER.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.20-0.03-13.04%
    P36.SI
    0.72-0.07-9.43%
    AXV.SI
    0.535-0.025-4.46%
    F1E.SI
    0.345-0.015-4.17%
    D03.SI
    0.250.00-1.96%
    5ME.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3527+0.0014+0.10%
    USDSGD=X
    1.5284+0.0014+0.09%
    EURSGD=X
    1.7826-0.0001-0.01%
    GBPSGD=X
    74.2040+0.095+0.13%
    SGDJPY=X
    5.7304-0.0051-0.09%
    SGDHKD=X
    2.9845+0.0087+0.29%
    SGDMYR=X
    9,795.7012-21.0029-0.21%
    SGDIDR=X
    4.9173+0.0039+0.08%
    SGDCNY=X
    1.0285-0.0004-0.04%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,342.00-4.10-0.30%
    GCZ16.CMX
    18.91-0.01-0.06%
    SIU16.CMX
    103.89-1.81-1.72%
    ^XAU
    2.110.00-0.19%
    HGU16.CMX
    47.65-0.45-0.94%
    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.14+0.01
    ^FVX
    1.55+0.01
    ^TNX
    2.240.00
    ^TYX