It's been a rough year for the political figure, but at least he has his millions of dollars to ease the pain. 48-year-old Joseph Kabila has taken the No. 1 spot on People With Money’s top 10 highest-paid political figures for 2020 with an estimated $75 million in combined earnings.
UPDATE 01/06/2020 : This story seems to be false. (read more)
Joseph Kabila tops annual list of highest-paid political figures
In 2017 it looked like the political figure’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (May 31) that Kabila is the highest-paid political figure in the world, pulling in an astonishing $75 million between May 2019 and May 2020, a nearly $40 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 congolese political figure has an estimated net worth of $215 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 Kabila Burger” chain) in Kinshasa, a Football Team (the “Hewa Bora Angels”), has launched his own brand of Vodka (Pure Wonderkabila - Congo-Kinshasa), and is tackling the juniors market with a top-selling perfume (With Love from Joseph) and a fashion line called “Joseph Kabila Seduction”.
The ranking is significant for many Joseph fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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