The Richest Politicians in the World: The ideal list of the world’s wealthiest politicians would exclude monarchs and hereditary peers. They are not politicians in the genuine sense because they do not have to go through the political processes to obtain their positions. However, this criterion is completely disregarded in the vast majority of spaces; even the most credible sources include royals on their lists.
In accordance with tradition, below is a list of some of the world’s wealthiest and most influential politicians, their net worth, and fascinating facts about them.
The Richest Politicians in the World
1. Vladimir Putin
Net Worth: $70 Billion
Vladimir Putin, the mysterious and reclusive head of Russia, has an estimated net worth of $70 billion, making him the wealthiest politician in the world. There is a high likelihood that this estimate is very close to being accurate, despite the fact that this is a staggering number.
Vladimir Putin is an oligarch, which gives him access to the country’s premier industries and new opportunities. It appears that Russian society has no difficulty with individuals holding both private businesses and sensitive positions.
Putin has earned his stripes in Russia by steadily ascending the ladder of significance; he previously served as a KGB Officer, where he displayed exceptional skill and patriotism. From there, he became Russia’s prime minister and then the director of the Federal Security Service (FSB) before becoming Russia’s acting president.
Today, he is comparable to the Russian tsar in terms of his decisions, significance, and wealth.
2. Michael Bloomberg
Net Worth: $56 Billion
Michael Bloomberg is currently the wealthiest politician in the United States, with a total worth between $56 and $60 billion. He became wealthy outside of politics; he is an entrepreneur. Michael Bloomberg is the founder and chief executive officer of Bloomberg LP, one of the most recognisable providers of financial information in the world.
Michael Bloomberg subsequently became a billionaire, and his fortune helped propel him to fame. His affluence and influence served as a springboard for his entry into politics.
He served as New York’s mayor between 2002 and 2013. Subsequently, he ran for president of the United States of America. Despite losing the contest in the primaries, he set a record by self-funding his campaign to the extent of $935 million – the most ever in the United States.
He is a philanthropist and serves on the boards of several prominent organisations, including the one devoted to the advancement of artificial intelligence.
3. Maha Vajiralongkorn
Net Worth: $30 billion
Thailand’s current monarch is named Maha Vajiralongkorn. Following his father’s demise on October 13, 2016, he became the tenth monarch of the Chakri dynasty and began his reign on the same day. At the age of 64, he is the oldest Thai monarch to accede to the throne. Maha Vajiralongkorn received his wealth from his father, who received it from his father, and so on.
Maha Vajiralongkorn possesses lands, precious stones, and industrial assets. Additionally, his position as king entitles him to a government payment. He is reportedly the world’s richest monarch, with an estimated net worth of $30 billion.
4. Sheikh Mansour bin Zayed bin Nahyan
Net Worth: $30 billion
Sheikh Mansour Bin Zayed Al Nahyan is a member of the United Arab Emirates (UAE) Royal Family. He is a politician and businessman who currently serves as the Prime Minister and Minister of Presidential Affairs of the United Arab Emirates.
Sheikh Mansour is the half-brother of the current President of the United Arab Emirates, Sheikh Khalifa Bin Zayed Al Nahyan. As the proprietor of the Abu Dhabi United Group (ADUG), a conglomerate with interests in Sports, Finance, Real Estate, and Education, he is one of the country’s most powerful businessmen.
5. Prince Alwaleed bin Talal al-Saud
Net worth: $22 billion
Prince Alwaleed Bin Talal Alsaud, a Saudi Arabian prince, is a businessman, investor, philanthropist, and person of considerable political influence. In 2008, he was included on the Times Magazine’s Time 100 list as one of the most influential individuals in the globe.
As the grandson of the first King of Saudi Arabia, he inherited a vast fortune, which he has now invested profitably.
6. Hassanal Bolkiah Mu’izzaddin Waddaulah
Net worth: $20 billion
Hassanal Bolkiah has been the Sultan of Brunei since 1967, making him the country’s 29th ruler. Since the country’s independence from the United Kingdom in 1984, he has also served as the prime minister of Brunei. Hassanal Bolkiah is one of the world’s last absolute monarchs; he does not share his authority with Parliament or anyone else.
This means he has access to obscene amounts of wealth, which he controls via numerous investments across the nation.
Hassanal Bolkiah gave the world’s most extravagant 50th birthday celebration in 1996. He spent $27 million on that celebration, including $17 million on a Michael Jackson performance.
7. Salman Bin Abdulaziz Al Saud
Net Worth: $20 billion
Saudi Arabia is currently ruled by King Salman Bin Abdulaziz Al Saud. He has been king since 2015, when he was enthroned following his father’s death. However, he served his father as Crown Prince for a considerable amount of time and was Governor of Riyadh for approximately 48 years.
As King of Saudi Arabia, his primary responsibility is to serve the nation, but he has also inherited a vast amount of wealth held in various investments and establishments across the nation.
In Saudi Arabia, it is unclear which assets are public and which are privately held, which can make it difficult to estimate the wealth of members of the Royal Family. Now, the estimated cost is $20 billion, which is a substantial amount of money.
8. Sheikh Mohammed Bin Rashid Al Maktoum
Net worth: $14 billion
Sheikh Mohammed Bin Rashid Al Maktoum is a member of the United Arab Emirates’ Royal Family. He holds the positions of Vice President, Prime Minister, and Minister of Defence in the United Arab Emirates. Sheikh Mohammed Bin Rashid Al Maktoum is also the emir of Dubai’s governor.
Before he became Vice President of the UAE, his brother, Maktoum Bin Rashid Al Maktoum, occupied the position.
As a merchant, he has substantial real estate holdings; in fact, he is one of the most influential real estate developers in the country.
9. Mohammed Bin Salman Al Saud
Net worth: $10 billion
Mohammed Bin Salman Al Saud is the Saudi Arabian Crown Prince. He is also the Deputy Prime Minister and Minister of Defence of Saudi Arabia; some have referred to him as the de facto ruler of Saudi Arabia, as he is the second most powerful individual in the country after the King.
Interestingly, he is King Salman bin Abdulaziz’s seventh son. He was selected for power because he was the most courageous and daring of his siblings; his father saw in him a defender.
As a significant member of the House of Saud, he is a co-owner of a vast family fortune that includes investments in oil, real estate, sports, and numerous other fields.
Top Richest Families in the World 2023
10. Donald J. Trump
Net worth: $3,2 billion
Donald Trump is a billionaire American businessman whose primary business interest is real estate. He is not a member of a royal family, but he is equally significant. Trump also has substantial investments in hotels, golf courses, etc. He was also a television host and an author before becoming the 45th President of the United States.
Donald Trump is a highly influential Republican Party member with a large following and a reputation for being quite controversial.