Without a question, politics is a powerful tool for influence, and through it, a huge number of people have developed into powerful figures in society. In addition to being powerful, they have also significantly increased their own riches. Because of them, some politicians—especially the well-known, powerful, and influential ones—get to have some say in how the world is decided.
The majority of a politician’s income comes from their salary, but they may also have assets or side businesses that boost their net worth. Yet not all politicians earn a meager wage; a select handful have amassed billions of net worth, which includes a villa collection, an automobile collection, and other types of real estate. The majority of their fortune is derived from family funds, albeit the exact source varies.
Top 10 Richest Politicians In The world 2024
1. Vladimir Putin – $70 Billion
With a net worth of $70 billion, Vladimir Putin is the richest politician in the world. He is the Russian President at the moment. Putin, who is currently in his second term as president of Russia, has developed a contentious image over the years. Putin is regarded as one of the most powerful and wealthy politicians in the world. He will have a net worth of $70 billion in 2024.
Before beginning a political career in Saint Petersburg in 1991, Putin served as a KGB foreign intelligence officer for 16 years, rising to the rank of lieutenant colonel.
He moved to Moscow in 1996 in order to join President Boris Yeltsin’s administration. He briefly held the offices of director of the Federal Security Service (FSB) and secretary of the Security Council before being appointed as Russia’s prime minister in August 1999.
Putin assumed the role of acting president of Russia after Yeltsin’s departure. He won a direct election for the job less than four months later. He obtained reelection in 2004.
Putin once more served as prime minister from 2008 to 2012 under Dmitry Medvedev. This time, he did so to comply with the constitution’s restriction that he could not hold the office of president for more than two consecutive terms.
2. Micheal Bloomberg – $56 Billion
Michael Bloomberg is a politician and businessman from the United States. He is the CEO and co-founder of Bloomberg L.P. As the previous mayor of New York City, Michael Bloomberg enjoyed a good deal of popularity.
You might not be aware that he co-founded and holds (88%) ownership of Bloomberg LP. So now you are aware. The company does, however, generate $10 billion in revenue. With a net worth of $56 billion, he is the second wealthiest politician in the world.
After growing up in Medford, Massachusetts, Bloomberg attended both Harvard Business School and Johns Hopkins University. He began his professional career in the financial brokerage Salomon Brothers before starting his own company in 1981. Bloomberg L.P., a provider of financial software, information, and media best known for its Bloomberg Terminal, is the company in question.
3. Maha Vajiralongkorn – $30 Billion
The Thai monarch at the moment is Maha Vajiralongkorn. Following the death of his father on October 13, 2016, the Thai government declared his reign to have begun. At 64 years old, he became Thailand’s oldest monarch to take the throne. He is the tenth monarch of the Chakri Dynasty. That happened in 2015.
At the moment, King Maha Vajiralongkorn is the wealthiest monarch in the world. With a net worth of $30 billion, he ranks third among the world’s wealthiest politicians.
4. Sheikh Mansour Bin Zayed Al Nahyan – $30 Billion
Sheikh Mansour Bin Zayed Al Nahyan is a politician and businessman from the United Arab Emirates (UAE). He is Sheikh Khalifa Bin Zayed Nahyan’s half-brother and the Prime Minister of the United Arab Emirates as well as the Minister of Presidential Affairs. This indicates that he is a member of the Abu Dhabi royal family. Owner of the Abu Dhabi United Group is Sheikh Mansour (ADUG). He is currently one of the wealthiest politicians in the world with a net worth of almost $30 billion.
5. Prince Alwaleed Bin Talal Alsaud – $22 Billion
Saudi Arabian businessman, investor, philanthropist, and member of the royal family Prince Alwaleed Bin Talal Alsaud. He was included in the Time 100 list of the 100 most influential persons in the world published by the Times Magazine in 2008.
Prince Alwaleed is the grandson of Riad Al Solh, the first Prime Minister of Lebanon, and Abdulaziz, the first monarch of Saudi Arabia.
6. Hassanal Bolkiah Mu’izzaddin Waddaulah – $20 Billion
Since 1967, Hassanal Bolkiah has been the 29th and current Sultan and Yang di Pertuan of Brunei. Since Brunei’s independence from the United Kingdom in 1984, he has served as the country’s prime minister.
7. Salman Bin Abdulaziz Al Saud – $20 Billion
The current head of state of Saudi Arabia is King Salman Bin Abdulaziz Al Saud. He presently holds the position of King Abdulaziz’s 25th and eldest surviving son. On January 23, 2015, King Salman took over after the passing of his half-brother, King Abdullah.
He also served as Riyadh’s deputy governor before becoming its governor for 48 years (1963-2011). He was then named Minister of Defense. He then became crown prince in 2012 after that.
8. Sheikh Khalifa Bin Zayed Nahyan – $18 Billion
On November 2, 2004, Sheikh Khalifa Bin Zayed Nahyan, the eldest son of Zayed Bin Sultan Al Nahyan, the first president of the United Arab Emirates, succeeded his father as the ruler of Abu Dhabi.
But on the second day after his father’s passing, the Supreme Council chose him to lead the UAE. That day, November 3, 2004, was. As a result, he was in charge of Abu Dhabi and the UAE until his passing in May 2022.
9. Sheikh Mohammed Bin Rashid Al Maktoum – $14 Billion
Vice President, Prime Minister, and Minister of Defense of the United Arab Emirates are all titles held by Sheikh Mohammed Bin Rashid Al Maktoum. In addition, he is in charge of the Emirate of Dubai. Once his brother Maktoum Bin Rashid Al Maktoum passed away in 2006, he took over as vice president. He served as acting president for a brief following the passing of Sheikh Khalifa Bin Zayed Nahyan, the former president of the UAE. He is well-known for being a well-known real estate developer.
10. Mohammed Bin Salman Al Saud – $10 Billion
Saudi Arabia’s Crown Prince, Deputy Prime Minister, and Defense Minister is Mohammed Bin Salman Al Saud. He is the oldest of his mother’s six children and the seventh son of King Salman Bin Abdulaziz. Fahda Bint Falah Al Hithlain, his mother, was King Salman Bin Abdulaziz’s third wife.
In addition, Mohammed Bin Salman serves as the head of both the Council of Political and Security Affairs and the Council of Economic and Development Affairs.
