These world leaders have the fattest bank accounts, making them the wealthiest leaders in the world
In most of the places, public servants or government workers do not make much money. It is the responsibility of the government to show people that they are doing justice with their tax money and cannot afford to splurge much.
But in some other countries, leaders have accumulated great amounts of wealth. If and when you combine the wealth of all the world leaders on this list, even Bill Gates would look like a mere common man in front of them.
Here are 8 of the wealthiest political leaders of the world.
8 Albert II, Prince of Monaco – $1 billion
Monaco is a country in Europe which is famous for its casinos and high class level of living. You might also know it from an annual motor racing event held there by the Formula One, known as the Monaco Grand Prix, which is considered to be one of the most difficult and respected race tracks around the world.
The man in charge of all this is Albert II, the Prince of Monaco. Going by his reputation, he is one of the most promiscuous world leaders, as he has been confirmed to have fathered a child with an African flight attendant. He doesn’t have to worry much since his net worth is supposed to be around $1 billion.
7 Hans Adam II, Prince of Liechtenstein – $3.5 Billion
Liechtenstein is known as the safe haven for people who want to evade paying income taxes in their country. Hans Adam II is the leader of the small country and is supposed to be having over $3.5 billion.
He likes to take long walks on the beach, loves to have candle light dinners and admits that most of his fortune has come from rather lax taxing and banking regulations. He owns the LGT banking group and has a family fortune of over $7 billion. The entire art collection displayed in the Liechtenstein Museum in Vienna belongs to him.
6 Kim Jong-un, Leader of North Korea – $5 Billion
Kim Jong-un is one of the cruelest dictators present in the world right now and presides over the country of North Korea. He has a personal fortune of over $5 billion, while the country is virtually bankrupt. Almost 90% of the country is without electricity and most of the population lives below the poverty line.
The people of North Korea are forbidden to speak to any foreigners coming into the country. Kim Jong-un keeps throwing elaborate charades most of the times in order to show the world, how successful and happy the people of his country are and is considered a splitting image of his father Kim Jong-il.
5 Sheikh Mohammed bin Rashid al-Maktoum, Emir Sheikh of Dubai – $18 Billion
The Middle East is more famous for its oil reserves than anything and most Americans gain any knowledge about the area only when some news comes from the Middle East. Though if someone searches on a deeper level, anyone can find a peaceful, rich and complex history of the region.
The Emir Sheikh of Dubai, Sheikh Mohammed bin Rashid al-Maktoum has amassed a fortune of $18 billion, thanks to his diversifying political and economic strategies, most of which are based on the vast oil fortunes in the desert.
A fact not known to many is that the Sheikh is a poet and regularly publishes his poems for the world to read. He has also made Dubai, one of the most beautiful cities to visit and is responsible for Dubai’s growth as a global attraction.
4 Hassanal Bolkiah, the Sultan of Brunei – $20 Billion
Hassanal Bolkiah, who is the Sultan of Brunei has a total net worth of $20 billion. The man loves cars to no end and owns a fleet of over 7,000 high end vehicles like Mercedes, Rolls Royce, Ferrari and Lamborghini.
His official residence known as Istana Nurul Iman is a vast residential palace with 1,788 rooms, 257 bathrooms and a floor area of 2,152,782 sq. feet. The residence also houses several offices of the government like that of the Prime Minister, Defense Minister and also the Ministry of Finance.
Among many other reforms, he has made medical treatment and medicines free for children and government officials and charges a nominal fee from other citizens. There are pension schemes for the elderly, land allocation scheme and allowances for widows and people with disabilities.
3 Khalifa bin Zayed al-Nahyan, President of the United Arab Emirates – $23Billion
Khalifa bin Zayed al-Nahyan, President of United Arab Emirates (UAE) has a personal worth of over $23 billion and manages more than $600 billion in revenues, foreign investments and other sources of income for the country.
As a family, Al-Nahyan are worth to be around $150 billion. He became the President in 2004, following the death of his father. He is also responsible for the construction and naming of the World’s tallest structure, the Burj Khalifa. He also owns the biggest and longest motor yacht ever built, Azzam which is 180 m in length and is estimated to have taken around $400-$600 million in its construction.
2 Bhumibol Adulyadej, King of Thailand – $30 Billion
Bhumibol Adulyadej is the King of Thailand and is also known as Rama IX, the ninth ruler of the Chakri dynasty. His reign started in June 1946 and he has ruled for 69 years and counting, making him the longest reigning monarch in Thai history.
Forbes estimated his personal fortune at $30 billion and he was the leader of the list of richest royals in the world from 2008-2013. Most of his wealth comes from owning land and equity in companies.
1 Vladimir Putin, President of Russia – $70 Billion
President of Russia, Vladimir Putin tops the list of the wealthiest world leaders with a worth of $70 billion. Putin was an officer in KGB and slowly raised in the ranks to become the President in 2000 and 2004. He then put Dmitry Medvedev as the President, who in turn appointed Putin as the Prime minister of Russia.
He owns a large stake in Russian oil companies. He has also made his fortune from natural gas investments and other resources during his time as a political leader of one of the most powerful countries of the world.
His no nonsense attitude and decision to annexe Crimea led to the suspension of Russia from the G8 group.