Mario Monti Highest-Paid Economist in the World

  • By Carol Kearney
  • Rome
  • Last updated on

Mario Monti
Mario Monti led People With Money’s annual list of the “100 highest paid economists” released on Wednesday.
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It's been a rough year for the economist, but at least he has his millions of dollars to ease the pain. 81-year-old Mario Monti has taken the No. 1 spot on People With Money’s top 10 highest-paid economists for 2024 with an estimated $82 million in combined earnings.

UPDATE 21/11/2024 : This story seems to be false. (read more)

Mario Monti tops annual list of highest-paid economists

In 2022 it looked like the economist’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (November 20) that Monti is the highest-paid economist in the world, pulling in an astonishing $82 million between October 2023 and October 2024, 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 Italian economist-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 Monti Burger” chain) in Rome, a Football Team (the “Varese Angels”), has launched his own brand of Vodka (Pure Wondermonti - Italy), and is tackling the juniors market with a top-selling perfume (With Love from Mario) and a fashion line called “Mario Monti Seduction”.

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

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