Jacob Zuma tops annual list of highest-paid politicians
In 2012 it looked like the politicianâ€™s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (February 18) that Zuma is the highest-paid politician in the world, pulling in an astonishing $75 million between January 2014 and January 2015, a nearly $40 million lead over his closest competition.
People With Moneyâ€™s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The South African 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 â€œFat Zuma Burgerâ€ chain) in Pretoria, a Football Team (the â€œNkandla Angelsâ€), has launched his own brand of Vodka (Pure Wonderzuma â€“ South Africa), and is tackling the juniors market with a top-selling perfume (With Love from Jacob) and a fashion line called â€œJacob Zuma Seductionâ€.
The ranking is significant for many Jacob fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.