{"id":184487,"date":"2017-07-10T18:30:46","date_gmt":"2017-07-10T16:30:46","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=184487"},"modified":"2017-07-10T17:23:18","modified_gmt":"2017-07-10T15:23:18","slug":"zumas-salary-vs-other-world-leaders-2","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/184487\/zumas-salary-vs-other-world-leaders-2\/","title":{"rendered":"Zuma&#8217;s salary vs other world leaders"},"content":{"rendered":"<p>Despite a pay freeze in 2016\/17, and an economy in recession, president Jacob Zuma remains one of the highest-paid leaders in the world.<\/p>\n<p>In 2016, Zuma&#8217;s salary was approved at R2.87 million for the year, putting its current dollar value at US$214,780. Later in the year, due to poor economic conditions, the president signed off on a salary freeze for politicians, putting a halt to any adjustment for 2017.<\/p>\n<p>However, even without the typical 5% increase to his annual pay, president Zuma remains among the best-paid leaders in the world &#8211; with a truncated paycheque higher than many prime ministers in European countries, and his counterparts in the BRIC nations.<\/p>\n<p><strong>Highest paid leaders<\/strong><\/p>\n<p>Singaporean prime minister <strong>Lee Hsien Loong<\/strong> is widely known to command the highest salary of any politician in the world, and this position has not changed.<\/p>\n<p>In April 2017, Singaporean state media revealed that\u00a0the latest salary increases in the nation will see the country&#8217;s 31 ministers and officials earning S$53 million a year (US$38 million).<\/p>\n<p>The politician has taken several pay cuts over the years, but still earns a reported US$1.6 million annually \u2013 far more than any other official leader, despite being down from US$1.7 million in 2016.<\/p>\n<p>Singapore&#8217;s president, Toby Tan &#8211; whose role is a largely ceremonial one, in the same vein as monarchs in European countries &#8211; also earns a significant US$1.1 million salary.<\/p>\n<p>Australia&#8217;s PM<strong> Malcolm Turnbull<\/strong>, had his salary adjusted upwards to AU$527,852 (US$400,832), at the beginning of July, effectively making him the second-highest paid leader, placing ahead of the president of the United States for the first time.<\/p>\n<p>US president <strong>Donald Trump<\/strong> draws the same salary as his predecessor, Barack Obama, which is set at US$400,000, but has made good on his campaign promises to donate it to other causes.<\/p>\n<p>Trump has reportedly donated his full first-quarter, pre-tax earnings of US$78,333 to the National Park Service.<\/p>\n<p>Germany&#8217;s chancellor <strong>Angela Merkel <\/strong>is paid a salary of EUR220,000 (US$250,535), while UK PM, <strong>Theresa May<\/strong>, earns a US$194,000 salary.<\/p>\n<p>The new, younger generation of presidents and leaders joining the global elite &#8211; France&#8217;s <strong>Emmanuel Macron<\/strong>; Canada&#8217;s prime minister, <strong>Justin Trudeau<\/strong>; and Ireland&#8217;s PM<strong> Leo Varadkar<\/strong> &#8211; also receive comfortable salaries.<\/p>\n<p>Varadkar will earn US$211,170 as head of the Irish government, while Macron will take home US$203,760, and Trudeau&#8217;s salary will increase to US$267,700 in 2017.<\/p>\n<p>Within the BRICS nations, salaries appear far more modest, though the true extent and sources of their wealth &#8211; as with our local politicians &#8211; is widely questioned.<\/p>\n<p>Russian president <strong>Vladimir Putin<\/strong> is said to draw a &#8216;humble&#8217; salary of US$138,000, while Brazil&#8217;s controversial new president, <strong>Michel Temer<\/strong>, receives a fraction over US$113,000.<\/p>\n<p>China&#8217;s <strong>Xi Jinping<\/strong>&#8216;s salary is estimated at $22,000 a year, below India&#8217;s <strong>Narendra Modi<\/strong>&#8216;s salary at $30,300.<\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\">Leader<\/th>\n<th bgcolor=\"#CCCCCC\">Country<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\">Salary (US$)<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\">Salary (ZAR)<\/th>\n<\/tr>\n<tr>\n<td>Lee Hsien Loong<\/td>\n<td>Singapore<\/td>\n<td style=\"text-align: center;\">$1 600 000<\/td>\n<td style=\"text-align: center;\">R21.4 million<\/td>\n<\/tr>\n<tr>\n<td>Malcolm Turnbull<\/td>\n<td>Australia<\/td>\n<td style=\"text-align: center;\">$400 832<\/td>\n<td style=\"text-align: center;\">R5.4 million<\/td>\n<\/tr>\n<tr>\n<td>Donald Trump<\/td>\n<td>United States<\/td>\n<td style=\"text-align: center;\">$400 000<\/td>\n<td style=\"text-align: center;\">R5.3 million<\/td>\n<\/tr>\n<tr>\n<td>Justin Trudeau<\/td>\n<td>Canada<\/td>\n<td style=\"text-align: center;\">$267 700<\/td>\n<td style=\"text-align: center;\">R3.6 million<\/td>\n<\/tr>\n<tr>\n<td>Angela Merkel<\/td>\n<td>Germany<\/td>\n<td style=\"text-align: center;\">$250 535<\/td>\n<td style=\"text-align: center;\">R3.3 million<\/td>\n<\/tr>\n<tr>\n<td><strong>Jacob Zuma<\/strong><\/td>\n<td><strong>South Africa<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>$214 780<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>R2.9 million<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Leo Varadkar<\/td>\n<td>Ireland<\/td>\n<td style=\"text-align: center;\">$211 170<\/td>\n<td style=\"text-align: center;\">R2.8 million<\/td>\n<\/tr>\n<tr>\n<td>Emmanuel Macron<\/td>\n<td>France<\/td>\n<td style=\"text-align: center;\">$203 760<\/td>\n<td style=\"text-align: center;\">R2.7 million<\/td>\n<\/tr>\n<tr>\n<td>Shinzo Abe<\/td>\n<td>Japan<\/td>\n<td style=\"text-align: center;\">$202 700<\/td>\n<td style=\"text-align: center;\">R2.7 million<\/td>\n<\/tr>\n<tr>\n<td>Theresa May<\/td>\n<td>UK<\/td>\n<td style=\"text-align: center;\">$194 000<\/td>\n<td style=\"text-align: center;\">R2.6 million<\/td>\n<\/tr>\n<tr>\n<td>Vladamir Putin<\/td>\n<td>Russia<\/td>\n<td style=\"text-align: center;\">$138 000<\/td>\n<td style=\"text-align: center;\">R1.8 million<\/td>\n<\/tr>\n<tr>\n<td>Michel Temer<\/td>\n<td>Brazil<\/td>\n<td style=\"text-align: center;\">$113 000<\/td>\n<td style=\"text-align: center;\">R1.5 million<\/td>\n<\/tr>\n<tr>\n<td>Narendra Modi<\/td>\n<td>India<\/td>\n<td style=\"text-align: center;\">$30 300<\/td>\n<td style=\"text-align: center;\">R405 500<\/td>\n<\/tr>\n<tr>\n<td>Xi Jinping<\/td>\n<td>China<\/td>\n<td style=\"text-align: center;\">$22 000<\/td>\n<td style=\"text-align: center;\">R294 400<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><em>(All salaries have been converted to US dollars at respective rates on 10 July 2017)<\/em><\/p>\n<hr \/>\n<p><strong>Read:\u00a0<a title=\"Permalink to Dlamini-Zuma may be falling out as \u2018favoured\u2019 presidential candidate: analyst\" href=\"https:\/\/businesstech.co.za\/news\/government\/184261\/dlamini-zuma-may-be-falling-out-as-favoured-presidential-candidate-analyst\/\" rel=\"bookmark\">Dlamini-Zuma may be falling out as \u2018favoured\u2019 presidential candidate: analyst<\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Despite a pay freeze in 2016\/17, and an economy in recession, president Jacob Zuma is still one of the highest-paid leaders in the world.<\/p>\n","protected":false},"author":10,"featured_media":20474,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[26],"class_list":["post-184487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/184487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=184487"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/184487\/revisions"}],"predecessor-version":[{"id":184539,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/184487\/revisions\/184539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/20474"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=184487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=184487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=184487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}