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Guess how much world’s leaders earn

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Here is how the pay of prime ministers and presidents of the big developed and emerging economies stack up.

President Obama leads the pack with $400,000 a year. The presidential salary doubled when George W. Bush became president in 2001. In addition, Obama gets a tax-free expense account worth $50,000.

Angela Merkel’s salary as German chancellor is set at 216,000 euros a year ($234,383). The chancellor and her ministers got a 2.2% pay rise at the beginning of March, according to government documents.

The British prime minister earns £142,500 ($214,782) a year. That includes his salary as a member of parliament, which is £67,060.

The French president would have ranked much higher on this list, had he not taken a 30% pay cut the moment he took office in 2012. Without the haircut, Francois Hollande would have earned 255,600 euros a year ($274,522), second only to Obama. Now he makes $194,251.

In the face of his country’s worst economic crisis in years, Vladimir Putin said last week he was cutting his salary by 10%. He now earns roughly 8.2 million rubles per year ($136,000) as Russian president.

The Indian prime minister’s salary is just 1,900,000 rupees a year, which comes to little over $30,000. That’s according to an official response to a freedom of information request submitted by local media.

He might be in charge of the world’s second largest economy, but Chinese President Xi Jinping’s salary is just $22,000. And that’s after a 60% pay rise at the start of this year.

How much does the Nigerian president earn? That is one of the best kept secret in years.

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