Which world leaders are paid the most?
Being head of state or head of government involves high pressure from the citizens of the country and from outside borders, long tedious working hours, and relatively little salary, at least compared to that of CEOs of large corporations.
However, some world leaders have a much better salary than others.
Here are some of the highest paid world leaders in 2022:
- 1 - Lee Hsien Loong, the prime minister of Singapore, receives the highest compensation compared to any other government leader globally. He earns approximately $1.6 million a year.
- 2 - Carrie Lam, the Chief Executive of Hong Kong, comes second. According to South China Morning Post (SCMP), she earns approximately $672,000 annually.
- 3 - Ignazio Cassis, President of the Swiss Confederation since January of this year, earns around $483,000 annually, ranking third on the list of the best payed world leaders.
- 4 - Being the leader of the world’s superpower, many people would expect the US president, Joe Biden, to be the highest-earning government official. But, he’s fourth on the list, with an annual salary of $400,000.
- 5 - The fifth highest paid world leader is the Prime Minister of Australia and former leader of the Labor Party, Anthony Albanese, who follows Biden with an annual salary of $378,400 approximately.
- 6 - Not far behind, is the chancellor of Germany, Olaf Scholz (pictured), who earns about $360,000 annually.
- 7 - Followed by the Prime Minister of New Zealand, Jacinta Ardern, who earns almost $340,000.
- 8 - Also in the top ten: Mohamed Ould Ghazouani, President of Mauritania, in 8th place ($330,000 p/y)
- 9 - Followed by the Chancellor of Austria Karl Nehammer ($328,000 p/y)
- 10 - And Xavier Bettel (pictured), Prime Minister of Luxembourg ($278,000 p/y).
- 11 - Canada’s Prime Minister, Justin Trudeau earns $267,000 annually, occupying the 11th position in the list of the world’s best paid leaders.
- 12 - The newly appointed Prime Minister of the UK, Rishi Sunak, will earn £161,401 ($186,685) annually. Not that it makes much of a difference to him, given he’s the 222nd richest person in the world, according to The Sunday Times.
