How Well Are World Leaders Paid?

We know that senior business executives, popular celebrities, and star athletes make a lot of money. But, how do world leaders rank in terms of their compensation? And what do YOU think about this?

Here are 20 highly-paid world leaders according to 24/7 Wall St., as reported by Thomas C. Frohlich:

“In many countries, politicians frequently make more than the average citizen. This is especially true of countries’ leaders. While the size of a president’s or prime minister’s paycheck varies considerably between countries, world leaders are on the whole paid very well.”

“Though leaders’ salaries do not align perfectly with their countries’ GDP per capita, there is an interesting trend. In Singapore, which trails only Luxembourg in wealth, Prime Minister Lee Hsien Loong earns about $1.8 million yearly and is by far the highest paid leader. However, in Iceland, which is among the least wealthy nations of the 20 considered, Prime Minister Sigmundur Davíð Gunnlaugsson has the lowest annual salary ($133,729) of the 20 leaders.”

 
Following are the annual salaries of the twenty leaders as per 24/7 Wall Street.

  1. Lee Hsien Loong, Singapore, $1.8 million
  2. Leung Chun-ying, Hon Kong, $576,000
  3. Johann N. Schneider-Ammann, Switzerland, $460,000
  4. Barack Obama, United States, $400,000
  5. Malcolm Turnbull, Australia, $396,000
  6. Werner Faymann, Austria, $343,000
  7. Xavier Bettel, Luxembourg, $255,000
  8. Justin Trudeau, Canada, $253,000
  9. Angela Merkel, Germany, $244,000
  10. Charles Michel, Belgium, $239,000
  11. Stefan Lofven, Sweden, $235,000
  12. Lars Lokke Rasmussen, Denmark, $222,000
  13. Enda Kenny, Ireland, $209,000
  14. David Cameron, United Kingdom, $206,000
  15. Mark Rutte, Netherlands, $204,000
  16. Shinzo Abe, Japan, $203,000
  17. Francois Hollande, France, $202,000
  18. Erna Solberg, Norway, $187,000
  19. Juha Sipila, Finland, $159,000
  20. Sigmundur Davíð Gunnlaugsson, Iceland, $134,000

 

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