SONIYA GANDHI- IS IN LIST-2-19 BILLION
Chinese politicians are making great leaps forward in terms of personal wealth. This information is not astounding in and of itself: China over the past twenty years has experienced one of history’s speediest ever economic growth trajectories.
Abdullah Bin Abdul Aziz
Saudi Arabia
King
$21 billion
Hassanal Bolkiah
Brunei
Sultan
$20 billion
Michael Bloomberg
USA
Mayor of New York
$18.1 billion
Sonia Gandhi India
President, Indian National Congress (political party)
$2-19 billion
Click here http://www.worlds-luxury-guide.com/business/worlds-richest-politicians to read this list in its entirety.
Bloomberg news reported on Monday: “The net worth of the 70 richest delegates in China’s National People’s Congress … rose to 565.8 billion yuan ($89.8 billion) in 2011, a gain of $11.5 billion from 2010 … That compares to the $7.5 billion net worth of all 660 top officials in the three branches of the U.S. government.
The report explained that wealthy Chinese businesswomen and men joined the political system in order to protect themselves and their businesses from judicial corruption and uneven application of property rights laws.
The world’s richest leaders hail from the Middle East and Southeast Asia. Abdullah Bin Abdul Aziz, the King of Saudi Arabia, ranked first on the World Luxury Guide’s List of the World’s Richest Politicians (which you can read here) with a net wealth estimated at $21-80 billion. Some sources maintained that the King of Thailand, Bhumibol Adulyad, is the world’s second richest leader, with an estimated personal fortune of $35 billion. Yet, as he is not directly involved in matters of state, he has not been included on our list. Hassanal Bolkiah, the Sultan of Brunei, is thus the world’s second richest politician, with an estimated fortune totaling $20 billion.
Though no comparable data is available for German lawmakers, a spokesperson for political oversight group Abgeordnetenwatch.de told World Luxury Guide that the wealth issue also resonates in Berlin.
“The problem in Germany is that you can’t really determine how much members of parliament earn from side jobs at companies, speeches, and other activities,” said Roman Ebener of the Hamburg-based group.
“Companies and lobbying groups rent stands at party events or buy ads in party newspapers for very high prices. This is how they channel money to the political parties. And this is still legal in Germany,” Ebener said.
So who is Germany’s richest politician? Probably Peer Steinbrück, who, according to Abgeordnetenwatch, earned anywhere from 150,000 to one over million euros in 2011