Luc Chatel Highest-Paid Politician in the World

Luc Chatel
Luc Chatel led People With Money’s annual list of the “100 highest paid politicians” released on Sunday.

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It's been a rough year for the politician, but at least he has his millions of dollars to ease the pain. 54-year-old Luc Chatel has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2019 with an estimated $46 million in combined earnings.

UPDATE 27/05/2019 : This story seems to be false. (read more)

Luc Chatel tops annual list of highest-paid politicians

In 2016 it looked like the politician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (May 26) that Chatel is the highest-paid politician in the world, pulling in an astonishing $46 million between April 2018 and April 2019, a nearly $20 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 $145 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 Chatel Burger” chain) in Paris, a Football Team (the “Bethesda Angels”), has launched his own brand of Vodka (Pure Wonderchatel - France), and is tackling the juniors market with a top-selling perfume (With Love from Luc) and a fashion line called “Luc Chatel Seduction”.

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

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