It's been a rough year for the politician, but at least he has his millions of dollars to ease the pain. 79-year-old Emmerson Mnangagwa has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2021 with an estimated $58 million in combined earnings.
UPDATE 21/09/2021 : This story seems to be false. (read more)
Emmerson Mnangagwa tops annual list of highest-paid politicians
In 2019 it looked like the politician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (September 20) that Mnangagwa is the highest-paid politician in the world, pulling in an astonishing $58 million between August 2020 and August 2021, a nearly $30 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 Zimbabwean politician has an estimated net worth of $185 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 Mnangagwa Burger” chain) in Harare, a Football Team (the “Shabani Angels”), has launched his own brand of Vodka (Pure Wondermnangagwa - Zimbabwe), and is tackling the juniors market with a top-selling perfume (With Love from Emmerson) and a fashion line called “Emmerson Mnangagwa Seduction”.
The ranking is significant for many Emmerson fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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