The Wealthiest Politicians in the World
Having a career in politics does not always guarantee top wealth, but some politicians have managed to diversify their sources of income and accrue great fortunes. Here, we look at some of the wealthiest politicians in the world today.
The List of the 10 Richest Politicians
- Vladimir Putin
At the top of the list is Russia’s President Vladimir Putin, with an estimated net worth of $70 billion. His net worth largely comes from shady business deals throughout his political career, such as the mysterious financial group known as “The Ozero Dacha Cooperative”. Of course, his wealth does not include the valuable official state allowance and other considerable wealth gained from the 16-year long reign.
- Michael Bloomberg
The former New York City Mayor, Michael Bloomberg, comes in second with a net worth estimated at approximately $50 billion. Bloomberg made a majority of his wealth from the financial services, software, and media companies he created, Bloomberg LP. He also had some financial success betting on market volatility last year to add to his already immense fortune.
- Hassanal Bolkiah
The Sultan of Brunei, Hassanal Bolkiah, is reported to have a net worth of $20 billion. His wealth largely comes from his large portfolio of investments, which has significantly grown since his accession to the throne of Brunei in 1967. His large wealth portfolio has been further bolstered due to the government-owned oil and gas explorations of large scale.
- Mohammed Al Amoudi
Mohammed Al amoudi is an Ethiopian-Saudi Billionaire with a net worth estimated at around $10 billion. The prominent entrepreneur amassed his fortune from multiple investments in gold, oil refineries, construction, and real estate. He also owns several valuable assets including hotels, banks, and real estate across countries such as Ethiopia, Morocco, Djibouti, Yemen, and the United Arab Emirates.
- Hans-Adam II
The prince of Lichtenstein, Hans-Adam II has an impressive net worth of around nine billion. His wealth has been largely generated from his vast geographical investments, the majority of which are based in the finance and tourism sectors. Other family assets are also linked with large businesses such as sites in London, a large art collection and other valuable investments.
- Christy Walton
The widow of John T. Walton, Christy Walton, also makes it to the list with a net worth estimated at around $8.9 billion. Walton’s wealth comes largely from the family’s investments in Wal-Mart, ownership of Arvest Bank, First Solar and other investments in Africa. The wealth is divided amongst her two sons and daughter.
- Khalifa Bin Zayed Al Nahyan
Khalifa Bin Zayed Al Nahyan is the president of the United Arab Emirates and reportedly has a staggering net worth of $4.7 billion. His wealth is mostly from oil exports, a dominant position in the economy of UAE, and from other investments in the real estate, media, and entertainment sectors.
- Arthur Nzeribei
The Nigerian billionaire Arthur Nzeribe is said to have a net wealth of around $4.5 billion, mostly from his investments in oil, construction and real estate. He also owns some large scale businesses such as a major oil refinery, the largest craft production center in West Africa, and a large printing press.
9.Serge Dassault
Going to France, Serge Dassault is the owner of Groupe Dassault and its subsidiaries with a net worth estimated at $4 billion. Most of his wealth comes from the aviation and arms company, which was founded by his father in 1928, as well as other thriving businesses in the finance, IT and real estate sectors.
- Sierra Leonean President Julius Maada Bio
Finally, Sierra Leone’s President Julius Maada Bio makes it to the list with a net worth of around $1 billion. President Bio’s wealth largely comes from investments in a number of lucrative business ventures, and certain tax-exempted profits from corporate entities.
This is a list of the world’s wealthiest politicians. Politics often does not bring wealth, but some politicians have been able to take advantage of their positions to make large fortunes. The list of the world’s wealthiest politician includes Vladimir Putin, Michael Bloomberg, and Hassanal Bolkiah. All these politicians have enjoyed immense wealth from their investments or from the sources of incomes from their positions of power.
