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  • World
  • Updated: January 11, 2023

Ten Highest-Paid Presidents In The World

Ten Highest-Paid Presidents In The World

It won't come as a surprise if the citizens of a particular country yearn to know how much the president of their country takes home as salary.

Given that they are in charge of making choices that have an impact on everyone, whether for better or worse, across a country, the citizens have a right to what their leader earns. 

This compiled list below encapsulates the highest-paid presidents and the Prime Ministers: the head of government in a parliamentary system. 

1. Halimah Yacob – President of Singapore

Annual Salary: $1,610,000

With a salary of $1.6 million per year, Singaporean President Halimah Yacob is the highest-paid leader in the world in 2023.

In an uncontested election, she was sworn in as president in 2017.

She held the position of speaker of the house from 2013 to 2017 before her election as president and is Singapore's first female president.

2. Abdul Latif Rashid – President of Iraq

Annual Salary: $809,673

With an annual salary of $809,673, the president of Iraq, Abdul Latif Rashid, ranks second among the world's presidents in terms of salary.

Following the 2022 Iraqi presidential election, he was chosen as the country's ninth president. Before that, he served as Nouri al-Minister Maliki's administration of Water Resources.

The Iraqi Transitional Government and the Iraqi Interim Government both employed him in the same capacity before that.

Rashid formerly served as a spokesman for the Patriotic Union of Kurdistan (PUK) in the UK. He received his degree from the University of Manchester.

3. Paul Biya – President of Cameroon

Annual Salary: $620,976

Paul Biya, the president of Cameroon, is paid $620,976 a year, ranking him third among the highest-paid presidents in the world. 

But that's not all; he is also the second-longest-ruling president in Africa, having presided over Cameroon since November 6, 1982.

He is also the oldest head of state in the world and the current non-royal national leader with the second-longest continuous tenure.

4. John Lee Ka-Chiu – Chief Executive Hong Kong

Annual Salary: $568,400

John Lee Ka- Chiu, the Chief Executive of the Hong Kong Special Administrative Region, earns $568,400 per year, making him one of the highest-paid presidents in the world.

Lee was chosen as the administration's Chief Executive in July 2022 since he was the only candidate in the 2022 Hong Kong Chief Executive election who had received China's approval.

The Chinese government chose him to better reunite Hong Kong with the mainland.

5. Alain Berset – President of Switzerland

Annual Salary: $507,000

Alain Berset, the president of Switzerland, is sixth among the highest-paid presidents in the world with a yearly salary of $507,000.

In 2013, the Federal Assembly re-elected Berset, who had previously presided over the Swiss Confederation in 2018, to that position.

He has led the Federal Department of Home Affairs since taking office and has been a member of the Swiss Federal Council since 2012.


6. Michael D. Higgins – President of Ireland

Annual Salary: $401,000


Michael D. Higgins is the President of Ireland and one of the highest-paid presidents in the world, earning $401,000 a year.

Since 2011, he has served as the republic's ninth president. Michael entered politics as a member of the Labour Party, first as a senator from 1973 to 1977, then as a Teachta Dála (TD) in 1981, representing the Galway West district from 1981 to 1982 and again from 1987 to 2011.

Between these terms, Higgins served as a senator for the National University in Seanad Éireann from 1983 to 1987.


7. Joe Biden – President of The United States

Annual Salary: $400,000

Joe Biden, the 46th and current president of the United States, is sixth among the world's highest-paid presidents.

Biden, perhaps the most powerful president in the world, receives $400,000 each year.

Following the 2020 presidential election, he was elected President of the United States, becoming the country's oldest president and the first to have a female vice president.

8. Alexander Van der Bellen – President of Austria

Annual Salary: $378,666

With an annual salary of $378,666, Austrian President Alexander Van der Bellen ranks eighth among the world's highest-paid presidents.

From 1994 until 2012, he was a member of the National Council, representing the Green Party, and served as both the party's and its parliamentary group's leader.

Alexander formerly served as an economics professor at the University of Vienna and, after entering politics, was the spokesman for the Austrian Green Party.

9. Guðni Thorlacius Jóhannesson -President of Iceland

Annual Salary: $317,000


Iceland's president, Gudni Thorlacius Jóhannesson, is ninth among the world's highest-paid presidents, earning $317,000 a year.

Gudni, Iceland's sixth president, was elected in 2016 after receiving the most votes in the election.

He was re-elected with 92.2% of the vote in 2020.

Gudni was a professor and historian at the University of Iceland until standing for president in 2016.

 

10. Mohamed Ould Ghazouani – President of Mauritania

Annual Salary: $300,000

Mohamed Ould Ghazouani, President of Mauritania, is the world's tenth highest-paid president, earning $300,000 a year.

He was elected on June 22, 2019, following the presidential election. T

he Ghazouani triumph was billed as the country's first peaceful change of power since independence.

Before his election, Ghazouani was the previous General Director of National Security and Chief of Staff of the Armed Forces of Mauritania (2008–2018).

From October 2018 to March 2019, he served as Mauritania's Defense Minister.

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