Michel Sapin Highest-Paid Politician in the World

  • By Carol Kearney
  • Paris
  • Last updated on

Michel Sapin
Michel Sapin led People With Money’s annual list of the “100 highest paid politicians” released on Saturday.
Michel Sapin »
See more news, pictures and video.

It's been a rough year for the politician, but at least he has his millions of dollars to ease the pain. 72-year-old Michel Sapin has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2024 with an estimated $58 million in combined earnings.

UPDATE 22/12/2024 : This story seems to be false. (read more)

Michel Sapin 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 Saturday (December 21) that Sapin is the highest-paid politician in the world, pulling in an astonishing $58 million between November 2023 and November 2024, a nearly $30 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 $185 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 Sapin Burger” chain) in Paris, a Football Team (the “Boulogne-Billancourt Angels”), has launched his own brand of Vodka (Pure Wondersapin - France), and is tackling the juniors market with a top-selling perfume (With Love from Michel) and a fashion line called “Michel Sapin Seduction”.

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

© 2024 MediaMass All rights reserved. Do not reproduce (even with permission).

Michel Sapin: Recent News

 

page served in 0.043s (1,2)