Malek Boutih Highest-Paid Politician in the World
- By Carol Kearney
- Paris
- Last updated on
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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. 60-year-old Malek Boutih has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2024 with an estimated $96 million in combined earnings.
UPDATE 21/11/2024 : This story seems to be false. (read more)
Malek Boutih tops annual list of highest-paid politicians
In 2022 it looked like the politician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (November 20) that Boutih is the highest-paid politician in the world, pulling in an astonishing $96 million between October 2023 and October 2024, a nearly $60 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 $275 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 Boutih Burger” chain) in Paris, a Football Team (the “Neuilly-sur-Seine Angels”), has launched his own brand of Vodka (Pure Wonderboutih - France), and is tackling the juniors market with a top-selling perfume (With Love from Malek) and a fashion line called “Malek Boutih Seduction”.
The ranking is significant for many Malek fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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