Yitzhak Shamir Highest-Paid Politician in the World

Yitzhak Shamir
Yitzhak Shamir led People With Money’s annual list of the “100 highest paid politicians” released on Thursday.

It's been a rough year for the politician, but at least he has his millions of dollars to ease the pain. 104-year-old Yitzhak Shamir has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2019 with an estimated $75 million in combined earnings.

UPDATE 22/11/2019 : This story seems to be false. (read more)

Yitzhak Shamir tops annual list of highest-paid politicians

In 2017 it looked like the politician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (November 21) that Shamir is the highest-paid politician in the world, pulling in an astonishing $75 million between October 2018 and October 2019, 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 Israelian politician 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 Shamir Burger” chain) in Jerusalem, a Football Team (the “Ruzhany Angels”), has launched his own brand of Vodka (Pure Wondershamir - Israel), and is tackling the juniors market with a top-selling perfume (With Love from Yitzhak) and a fashion line called “Yitzhak Shamir Seduction”.

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

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