Ed Miliband Highest-Paid Politician in the World

Ed Miliband
Ed Miliband led People With Money’s annual list of the “100 highest paid politicians” released on Thursday.

It's been a rough year for the politician, but at least he has his millions of dollars to ease the pain. 50-year-old Ed Miliband has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2020 with an estimated $96 million in combined earnings.

UPDATE 07/08/2020 : This story seems to be false. (read more)

Ed Miliband tops annual list of highest-paid politicians

In 2018 it looked like the politician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (August 6) that Miliband is the highest-paid politician in the world, pulling in an astonishing $96 million between July 2019 and July 2020, a nearly $60 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The British politician has an estimated net worth of $275 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Miliband Burger” chain) in London, a Football Team (the “London Angels”), has launched his own brand of Vodka (Pure Wondermiliband - UK), and is tackling the juniors market with a top-selling perfume (With Love from Ed) and a fashion line called “Ed Miliband Seduction”.

The ranking is significant for many Ed fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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