Most often, people who sit in political seats have a long family history in business, politics, investing, or all the above.
There’s no denying that it can be a long way to get to a position like president, prime minister, or governor – but a good money nest egg certainly helps.
So let’s have a look at the multimillionaire politicians all over the world.
Mister Michael Ashcroft
Micheal is an entrepreneur whose company includes the colossal ADT security (sold in 1997). The sale brought in $6.7 billion. He is a former deputy chairman of the Conservative Party, author, pollster and international entrepreneur.
His real-time net worth is updated daily on Forbes and currently stands at $2.1 billion.
Prince of Liechtenstein
The Prince of Liechtenstein has 20 years of government behind him and has complete power over the country. His estimated net worth is around $3.5 billion.
His full name is Johannes Adam Pius Ferdinand Alois Josef Maria Marko d’Aviano von und zu Liechtenstein, but the shortened version is Hans Adam II. He graduated from the University of St. Gallen, and he spoke French, German, Italian and English.
Hans also owns the LGT banking group.
Michael Bloomberg
Micheal Bloomberg has an estimated net worth (and eye-watering) of $56 billion, thanks to his 88% stake in Bloomberg LP. Micheal Bloomberg made waves early in his career with securities brokerage Salomon Brothers and ultimately formed his own company.
The company is Bloomberg LP, launched in 1981, and is the owner of the magazine Business/Week, New Energy Finance, Bureau of National Affairs, Bloomberg PolarLake, and a radio station.
He was Mayor of New York from 2002 to 2013.
Gavin Newcom
Gavin’s political career and business acumen both took off at the same time. Gavin owns many restaurants, nightclubs, hotels, wineries and wine shops. His businesses are spread throughout Napa Valley, Palm Springs, Lake Tahoe and the Bay Area.
Several of Gavin’s businesses were built in partnership with Gettys. Newsom is very proud because he owns 23 companies under the PlumpJack group and continues to create jobs.
He was a businessman before becoming a politician; examine Gavin Newsom net worth for more about his background and achievements.
Silvio Berlusconi
Former Prime Minister of Italy, Silvio has an estimated net worth of $8.5 billion. Silvio is a world famous Italian owner football club AC Milan from 1986 to 2017. He is taken into account an old school politician and has a history of controversy.
Berlusconi has been Prime Minister in four Italian governments but has faced legal battle sex scandals and weathered all of them.
Silvio Berlusconi will try to take the Presidency of Italy.
Sultan of Brunei
The Sultan of Brunei, Hassanal Bolkiah Mu’izzaddin Waddaulah, is the crown prince and ruler of the country. He has received honorary doctorates from several universities, including the National University of Singapore and the University of Oxford in England.
The net worth of the Sultan of Brunei is anticipated to be over $20 billion by 2022.
The Sultan of Brunei Investment Company owns some of the most luxurious hotels in the world. These include Plaza Athenee, Le Meurice in Paris, Hotel Beverly Hills, The Dorchester and 45 Park Lane in London, and Hotel Eden in Rome.
Imelda Marcos
Although Imelda has been surrounded by controversy, including her recent jail sentence for corruption and mango theft, that has not stopped her from having a large net worth.
Imelda is known for her extravagant lifestyle, which includes owning 15 fur coats, 888 handbags, 3,000 pairs of shoes and 508 dresses. He is a politician and ambassador of the Philippines. Marco became a widow after losing former President of the Philippines Ferdinand Marcos.
It is estimated that Imelda Marcos is worth $5 billion.
Vladimir Putin
It is difficult to calculate the exact net worth because the financial assets can’t be verified. Vladimir has been known to get out every now and then, such as his $1 billion mansion or his $500 yacht. Speculation from some financiers puts Vladimir’s ‘earnings’ someplace in the region of $200 billion.
However, Putin’s life has not kept pace with some of his spending. The Kremlin reports that he lives in a small apartment and earns only $133,000 a year.
Despite reports that Vladimir owns watches, ships, cars, planes, and diverse properties worth millions of dollars – on paper, Vladimir is worth between $70 billion and $200 billion – none of these estimates can be proven. He may be the richest man on the planet – or he may not.
