Singaporean prime minister Lee Hsien Loong is widely known to command the highest salary of any politician in the world, and this position has not changed.
In April 2017, Singaporean state media revealed that the latest salary increases in the nation will see the country’s 31 ministers and officials earning S$53 million a year (US$38 million or Rs 1,3 billion).
The politician has taken several pay cuts over the years, but still earns a reported US$1.6 million (Rs 56,4 million) annually – far more than any other official leader, despite being down from US$1.7 million (Rs 58 million) in 2016.
Singapore’s president, Toby Tan – whose role is a largely ceremonial one, in the same vein as monarchs in European countries – also earns a significant US$1.1 million (Rs 38 million) salary.
Australia’s PM Malcolm Turnbull, had his salary adjusted upwards to AU$527,852 (US$400,832 or Rs 14,13 million), at the beginning of July, effectively making him the second-highest paid leader, placing ahead of the president of the United States for the first time.
US president Donald Trump draws the same salary as his predecessor, Barack Obama, which is set at US$400,000 (Rs 13,8 million), but has made good on his campaign promises to donate it to other causes.
Trump has reportedly donated his full first-quarter, pre-tax earnings of US$78,333 (Rs 2,7 million) to the National Park Service.
Germany’s chancellor Angela Merkel is paid a salary of EUR220,000 (US$250,535 or Rs 8,8 million), while UK PM, Theresa May, earns a US$194,000 (Rs 6,8 million) salary.
The new, younger generation of presidents and leaders joining the global elite – France’s Emmanuel Macron; Canada’s prime minister, Justin Trudeau; and Ireland’s PM Leo Varadkar– also receive comfortable salaries.
Varadkar will earn US$211,170 (Rs 7,4 million) as head of the Irish government, while Macron will take home US$203,760 (Rs 7,2 million), and Trudeau’s salary will increase to US$267,700 in 2017.
Within the BRICS nations, salaries appear far more modest, though the true extent and sources of their wealth – as with our local politicians – is widely questioned.
Mauritian Prime minister Pravind Jugnauth earns $187,968 a year (Rs 6,6 million) - making him one of the highest-paid leaders in the world, earning even more than his Russian and Indian counterparts.
Russian president Vladimir Putin is said to draw a ‘humble’ salary of US$138,000 (Rs 4,9 million), while Brazil’s controversial new president, Michel Temer, receives a fraction over US$113,000 (Rs 3,9 million).
China’s Xi Jinping‘s salary is estimated at $22,000 (Rs 775,000) a year, below India’s Narendra Modi‘s salary at $30,300 (Rs 1,1 million).