Rodrigo Rato Highest-Paid Politician in the World
- By Carol Kearney
- Madrid
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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. 74-year-old Rodrigo Rato has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2024 with an estimated $75 million in combined earnings.
UPDATE 24/04/2024 : This story seems to be false. (read more)
Rodrigo Rato tops annual list of highest-paid politicians
In 2021 it looked like the politician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Tuesday (April 23) that Rato is the highest-paid politician in the world, pulling in an astonishing $75 million between March 2023 and March 2024, 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 Spanish politician-business man 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 Rato Burger” chain) in Madrid, a Football Team (the “Madrid Angels”), has launched his own brand of Vodka (Pure Wonderato - Spain), and is tackling the juniors market with a top-selling perfume (With Love from Rodrigo) and a fashion line called “Rodrigo Rato Seduction”.
The ranking is significant for many Rodrigo fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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