It's been a rough year for the politician, but at least he has his millions of dollars to ease the pain. 59-year-old Hervé Morin has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2020 with an estimated $82 million in combined earnings.
UPDATE 21/10/2020 : This story seems to be false. (read more)
Hervé Morin 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 Tuesday (October 20) that Morin is the highest-paid politician in the world, pulling in an astonishing $82 million between September 2019 and September 2020, a nearly $50 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 $245 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 Morin Burger” chain) in Paris, a Football Team (the “Pont-Audemer Angels”), has launched his own brand of Vodka (Pure Wondermorin - France), and is tackling the juniors market with a top-selling perfume (With Love from Hervé) and a fashion line called “Hervé Morin Seduction”.
The ranking is significant for many Hervé fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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