Guess how much world’s leaders earn
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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April 8, 2015 at 9:06 am
Im sure the transparency would come in with Buhari….Im sure ours is definitely higher, even officially