The discussion of salaries is everyone’s favourite, kind of like two little girls talking about their favourite features of their dolls: It is interesting!
Just like any other working individual, presidents and prime ministers also have salaries that will help support them during and after their presidential period. Luckily, the amount of money they earn yearly is not a secret to the public, and trust us, you really want to know them.
If you think you are not getting paid enough or you deserve more, then let us tell you that what you earn in a month is way too high than what Donald Trump makes in a year, can you believe it? Meanwhile, his colleagues from different countries are basically earning a number that we can’t really call “modest”.
So, if you are interested to know who makes more money than the leader of the United States, then you should definitely continue reading.
12. PRESIDENT OF THE UNITED STATES OF AMERICA: DONALD TRUMP
Salary: $1 per year
No, that’s not a typo. You read that right! Donald Trump, the current president of the United States makes only $1 per year.
Here is what happened: The basic presidential salary in the USA is $400,000 a year, which means $33,000 per month and $1,095 a day. But Trump rejected it by saying that his salary should be $1 for every year he works as a president. In fact, he wanted less but the law doesn’t allow it.
However, Trump doesn’t really need this salary since his fortune is $3 billion, and that’s enough for him to live forever without working a single day. John F. Kennedy and Herbert Hoover worked free of charge.
11. PRESIDENT OF UKRAINE: PETRO POROSHENKO
Salary: $12,220 per year
Ukraine has a president who works for $12,220 a year, means he earns $1,018 per month and only $33 a day.
But same as Trump, Petro Poroshenko doesn’t really depend on his presidential salary to “pay his bills” because he owns a fortune of $1.3 billion, which makes him Ukraine’s 6th richest person, according to Forbes.
So basically, the salary given to him for his job as a president is not really needed. Instead, it is adding more to his luxury and well-deserved life. Side note: Ukraine’s minimum monthly wage is $133, making his salary a lot less than average.
10. THE PEOPLE’S REPUBLIC OF CHINA: XI JINPING
Salary: $20,500 per year
Unlike the presidents of the Ukraine and the US, the president of the People’s Republic of China doesn’t own any businesses and doesn’t have any hidden fortune. His modest salary is $20,593 per year, which makes it $1,716 a month and $56 a day.
The presidential salary of this country was increased by 62% in 2015, and that’s how much he has been earning since then. However, the close relatives of the president still have a fortune that is about $376 million.
The laws in China are a little different than ours, so we find their minimum monthly wage is $150 – $300 and that depends on each province’s laws.
9. PRESIDENT OF FINLAND: SAULI NIINISTÖ
Salary: $146,700 per year
Finland is known to be one of the wealthiest countries ever, and president Sauli Niinistö has been its president since March of 2012. Luckily, he was re-elected for a second term because the citizens admired him since he made their country a better place.
His salary is $12,225 a month, which makes it $402 daily and $146,700 yearly. It is a modest salary for a president to such an incredible and beautiful country like Finland. Originally, Finland’s minimum monthly wage is not limited or suppressed by the law, but according to many sources, it is $2,000.
8. PRIME MINISTER OF THE UK: THERESA MAY
Salary: $198,500 per year
Who runs the world? Oh, sorry… Who runs the UK? A brilliant lady who is capable to rule the country in a strict manner and her name is Theresa May. This woman is the Prime Minister who annually earns $198,509 yearly ($544 daily and $16,542 monthly).
But here is a quick fact about Theresa May that has nothing to do with politics: She is a huge fan of shoes. She has an unbelievably large collection of them, and each pair is kept in a transparent box so she wouldn’t be wasting too much time looking for the shoes she needs to wear… smart move!
Anyway, the United Kingdom’s minimum monthly wage is $1,569.
7. PRESIDENT OF FRANCE: EMMANUEL MACRON
Salary: $211,500 per year
In case you didn’t know, Emmanuel Macron is the youngest president of France, and his salary is $17,628 a month ($211,530 a year and $580 a day).
Before Macron started his political career, he used to be extremely successful in the banking industry. In fact, he was known as the “Mozart of Finance”. His commissions are over $1 million every year, and that’s what we call a real success!
However, France has a minimum monthly wage of $1,758.
6. JIMMY MORALES: THE PRESIDENT OF GUATEMALA
Salary: $231,000 a year
If your president used to be a smart businessman, then Guatemala’s current president used to be an actor and comedian. He earns $19,300 a month ($231,000 a year and $634 a day), making him the highest-paid leader in all of the Latin American countries.
However, Jimmy Morales is a man who knows and feels the struggle of his citizens. So right after he became a president, he kept on his promise by fulfilling a campaign and giving away 60% of his salary to a charity that really needed the money.
Guatemala’s minimum monthly wage is $200.
5. CHANCELLOR OF GERMANY: ANGELA MERKEL
Salary: $263,000 a year
Germany has always been known for its strong unity and impressive politics. The basic salary of the Chancellor, Angela Merkel is $22,000 a month, making it $263,000 yearly and $720 daily. That salary made Germany number 5 in the list of the most highly paid world leaders.
However, you would naturally think that the chancellor of Germany would normally be living in one of the administrative housing. But she declined that offer and decided to live in a regular 5 storey building that’s located in central Berlin.
However, the minimum monthly wage in this awesome country is $1,780.
4. PRIME MINISTER OF CANADA: JUSTIN TRUDEAU
Before discussing the salary of the Prime Minister of Canada, we have to mention that the majority of people around the world are big fans of Justin Trudeau. Not only that he is a great leader, but he is also young, smart, cool and handsome.
Justin Trudeau earns $22,285 per month ($267,415 a year and $733 a day).
Not that long ago, Trudeau went to the Bahamas for his holidays, and it was all paid by his friend, the millionaire Karim Aga Khan. This led to a huge political scandal, the people start believing that the price has an influence on Canada’s political situation. Trudeau apologised and gave a promise to be careful next time.
The minimum monthly wage depends on each province’s law, but it’s $1,400 on average.
3. PRIME MINISTER OF AUSTRALIA: MALCOLM TURNBULL
Australia is the country of diverse land where
However, Australia’s minimum monthly wage is $1,900, which is extremely impressive. Maybe we should start considering packing and moving to Australia. At least we would have summer for most of the year, especially on Christmas!
2. PRESIDENT OF THE SWISS CONFEDERATION: DORIS LEUTHARD
First of all, it’s important to explain that the position of the Switzerland’s president is nothing but formal. They elected one person from the ministers for only a one year term. Doris Leuthard is holding the presidential post for the 2nd time, and she earns $36,000 monthly ($437,000 yearly and $1,200 daily).
The salary of the president equals all the ministers’ salaries, and the minimum wage in a gorgeous country is not limited by law, except Canton of Neuchâtel, which is $20 per hour. It means a regular employee in an 8 hour job would earn $160 daily.
1. PRIME MINISTER OF SINGAPORE: LEE HSIEN LOONG
Salary: $2.2 Million per year
In Singapore, the way people get elected is a little different than other countries:
Lee Hsien Loong got this post by inheriting from Lee Kuan Yew, his father who made a rapid start on the Singaporean economics. The son was capable to continue on his father’s path and lift the country even higher, which is understandable to know he has the highest salary among all world leaders: $147,000 monthly, $2.2 million yearly, and $7,350 daily.
The total budget of the government of Singapore (includes 31 people) is $53 million annually. The salary of Lee Hsien Long used to be higher, but because of a few popular discontent, it decreased by 36%. But he still earns more than the leaders of Austria, Canada, Belgium, Switzerland, Australia, and Russia all together.