It's been a rough year for the politician, but at least he has his millions of dollars to ease the pain. 78-year-old François Léotard has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2020 with an estimated $58 million in combined earnings.
UPDATE 31/03/2020 : This story seems to be false. (read more)
François Léotard tops annual list of highest-paid politicians
In 2017 it looked like the politician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (March 30) that Léotard is the highest-paid politician in the world, pulling in an astonishing $58 million between March 2019 and March 2020, 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 French 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 Léotard Burger” chain) in Paris, a Football Team (the “Cannes Angels”), has launched his own brand of Vodka (Pure Wonderléotard - France), and is tackling the juniors market with a top-selling perfume (With Love from François) and a fashion line called “François Léotard Seduction”.
The ranking is significant for many François fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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