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Vladimir Putin meeting King Bhumibol Adulyadej of Thailand. Putin is alleged to be worth as much as US$40 billion, though he contests this and claims a personal wealth of only US$150,000. As of June of 2009, Bhumibol Adulyadej is estimated to be worth US$30 billion and is considered the wealthiest head of state in the world.

This is a list of heads of state and government by their net worth, and is listed in U.S. dollars for simple comparison purposes. Former heads of state and government may also be found, though listed separately from current ones.

There are issues with converting the net worth of various individuals from around the world to a single currency, notably ignoring the buying power and standard of living in a person's native country that could inflate or deflate a person's net worth relative to others upon this list. For example, when comparing the same standard of living and property, it would cost more to live in London or New York City than it would to live in a rural town, and such living would cost still less in a developing or poorer nation. Or more plainly spoken, the same dollar buys more in a poor country than in a prosperous one, and this list does not account for that exchange in purchasing power. So converting all net worth to American currency is done for ease of comparison only, and may not adequately represent the buying power of an individual within his native country.

It is also difficult to distinguish between the personal and Crown wealth of several ruling monarchs upon this list, particularly in countries ruled by an absolute monarch that do not have a need or practicality to separate the two. Many constitutional monarchies require a distinction between a monarch's personal finances from the monarch's state finances as a matter of law, thus several royals upon this list may have figures that underestimate their total financial standing because the wealth of their Crown is excluded. An example would be Elizabeth II of the United Kingdom, whose personal wealth was estimated in 2007 to be about US$600 million, while her Crown property (That is, Crown Property in right of the United Kingdom of Great Britain and Northern Ireland) as was estimated at about US$10 billion.

Contents

Current heads of state and government

Name Title Net Worth Country
Bhumibol Adulyadej King of Thailand $30 billion (June 2009)[1]  Thailand
Hassanal Bolkiah Sultan of Brunei $20 billion (June 2009)[1]  Brunei
Khalifa bin Zayed Al Nahyan President of the United Arab Emirates $18 billion (June 2009)[1]  United Arab Emirates
Abdullah King of Saudi Arabia $17 billion (June 2009)[1]  Saudi Arabia
Mohammed bin Rashid Al Maktoum Prime Minister of the United Arab Emirates $12 billion (June 2009)[1]  United Arab Emirates
Silvio Berlusconi Prime Minister of Italy $6.5 billion (March 2009)[2]  Italy
Hans-Adam II Prince of Liechtenstein $3.5 billion (June 2009)[1]  Liechtenstein
Hamad bin Khalifa Al Thani Emir of Qatar $2 billion (June 2009)[1]  Qatar
Asif Ali Zardari President of Pakistan $1.8 billion – $4 billion (2009)[3]  Pakistan
Albert II Prince of Monaco $1 billion (June 2009)[1]  Monaco
Sebastián Piñera President of Chile $1 billion (March 2009)[4]  Chile
Qaboos bin Said al Said Sultan of Oman $700 million (June 2009)[1]  Oman
Teodoro Obiang Nguema Mbasogo President of Equatorial Guinea $600 million[citation needed]  Equatorial Guinea
Elizabeth II Queen and Head of state of each of Her
Commonwealth Realms
$450 million (June 2009)[1] Commonwealth of Nations Commonwealth realms
Sabah Al-Ahmad Al-Jaber Al-Sabah Emir of Kuwait $400 million (June 2009)[1]  Kuwait
Beatrix I Queen of the Netherlands $200 million (June 2009)[1]  Netherlands
Mswati III King of Swaziland $100 million (June 2009)[1]  Swaziland
Kevin Rudd Prime Minister of Australia $60 million[5]  Australia
John Key Prime Minister of New Zealand $37 million[6]  New Zealand
Lee Myung-bak President of South Korea $23.6 million[7]  South Korea
Milo Đukanović Prime Minister of Montenegro $14.8 million [8]  Montenegro
Cristina Kirchner President of Argentina $12.92 million (July 2009)[9]  Argentina
Margrethe II Queen of Denmark $10 million[citation needed]  Denmark
Carl XVI Gustaf King of Sweden $9 million[citation needed]  Sweden
Barack Obama President of the United States $7 million[10]  United States
Nicolas Sarkozy President of France
Prince of Andorra ( Ex Officio)
$3 million[citation needed]  France
 Andorra
Gloria Macapagal-Arroyo President of the Philippines $3 million[11]  Philippines
Recep Tayyip Erdoğan Prime Minister of Turkey $1.8 million (March 2010)[12]  Turkey
Felipe Calderón President of Mexico $670,000[13]  Mexico
Susilo Bambang Yudhoyono President of Indonesia $500,000[citation needed]  Indonesia
Luiz Inácio Lula da Silva President of Brazil $360,000[14]  Brazil
Vladimir Putin Prime Minister of Russia $150,000 – $40 billion (2007)[15][16]  Russia

Former heads of state and government

The following list of individuals comprises former heads of state and government. The dollar amounts are not adjusted for inflation, but are nominal dollars accurate to the year given.

Name Title Tenure Net Worth Country
Saddam Hussein President of Iraq 1979–2003 $2 billion (2003)[17]  Iraq
Jean Grand Duke of Luxembourg 1964–2000 $2 billion (2005) [5]  Luxembourg
Thaksin Shinawatra Prime Minister of Thailand 2001–2006 $1.4 billion (2004)[18]  Thailand
Fidel Castro Prime Minister of Cuba
President of Cuba
1959–1976
1976–2008
$550 million – $900 million (2006)[19][20]  Cuba
Yasser Arafat President of Palestine 1996–2004 $300 million (2003)[17] Palestinian territories Palestine
Paul Martin Prime Minister of Canada 2003–2006 $225 million (2004)[18]  Canada
Franz Joseph II Prince of Liechtenstein 1938–1989 $150 million (1945) [6]  Liechtenstein
Gyanendra King of Nepal 1950–1951
2001–2008
$100 million (2007) [7]  Nepal
George H. W. Bush President of the United States 1989–1993 $20 million (1999)[21]  United States
George W. Bush President of the United States 2001–2009 $15 million (2004)[18]  United States
Jacques Chirac Prime Minister of France
Prime Minister of France
President of France
Prince of Andorra
1974–1976
1986–1988
1995–2007
1995–2007
$9 million (2004)[18]  France
 Andorra
Constantine II King of the Hellenes 1964-1973 $5.7 million (1992)  Greece
Ronald Reagan President of the United States 1981–1989 $4 million (1985)[21]  United States
Tony Blair Prime Minister of the United Kingdom 1997–2007 $3 million (2004)[18]  United Kingdom
Junichiro Koizumi Prime Minister of Japan 2001–2006 $2 million (2004)[18]  Japan
Gerhard Schröder Chancellor of Germany 1998–2005 $1 million (2004)[18]  Germany
Bill Clinton President of the United States 1993-2001 $697,000 (1993)[21]
$17.4 million – $53.7 million (2007)[22]
 United States
Jimmy Carter President of the United States 1977-1981 -$1 million in debt (1981)[21]  United States

See also

References

  1. ^ a b c d e f g h i j k l m "In Pictures: World's Richest Royals". Forbes. http://www.forbes.com/2009/06/17/monarchs-wealth-scandal-business-billionaires-richest-royals_slide.html. Retrieved 21 December 2009. 
  2. ^ "The World's Billionaires: #70 Silvio Berlusconi & family". Forbes. http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_Silvio-Berlusconi-family_EEPT.html. Retrieved 18 January 2010. 
  3. ^ http://www.keytorich.com/pakrichest/richest02.php
  4. ^ "The World's Billionaires: #701 Sebastian Pinera". Forbes. http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_Sebastian-Pinera_YLRC.html. Retrieved 18 January 2010. 
  5. ^ [1]
  6. ^ [2]
  7. ^ [3]
  8. ^ [4]
  9. ^ "Kirchner’s wealth increased by 158%". Momento24. http://momento24.com/en/2009/07/14/kirchners-wealth-increased-by-158/. Retrieved 7 January 2010. 
  10. ^ "Obama's Money". MANGOBoss.com. 2009-12-10. http://www.mangoboss.com/ObamaNetWorth. Retrieved 2010-03-01. 
  11. ^ http://www.sunstar.com.ph/network/palace-urged-explain-arroyo%E2%80%99s-net-worth
  12. ^ "Mal Varlık". Haber Türk. http://haberturk.com/haber.asp?id=210020&cat=110&dt=2010/03/01. Retrieved 1 March 2010. 
  13. ^ "Declaracion de Bienes". Proceso.com.mx. 2006. http://www.proceso.com.mx/noticias_articulo.php?articulo=36796. Retrieved 2009-06-09. 
  14. ^ "Eleições 2006 - Divulgação de Dados de Candidatos". Supreme Electoral Court (Brazil). 2006 George Bush 385 billions $. http://www.tse.gov.br/sadEleicao2006DivCand/listaBens.jsp?sg_ue=BR&sq_cand=23. Retrieved 2009-01-03. 
  15. ^ "Is Putin Europe's Richest Man?". Newser. http://www.newser.com/story/14632/is-putin-europes-richest-man.html. Retrieved 21 December 2009. 
  16. ^ "Putin, the Kremlin power struggle and the $40bn fortune". Guardian News. http://www.guardian.co.uk/world/2007/dec/21/russia.topstories3. Retrieved 21 December 2009. 
  17. ^ a b "Kings, Queens & Despots". Forbes. http://www.forbes.com/forbes/2003/0317/134.html. Retrieved 21 December 2009. 
  18. ^ a b c d e f g "Billionaires: Royals & Rulers". Forbes. http://www.forbes.com/forbes/2004/0315/130.html%7C. Retrieved 21 December 2009. 
  19. ^ "Castro denies huge fortune claim". BBC News. http://news.bbc.co.uk/2/hi/americas/4985510.stm. Retrieved 21 December 2009. 
  20. ^ "Castro: I Am Not Rich". CBS Broadcasting. http://www.cbsnews.com/stories/2006/05/16/world/main1622957.shtml. Retrieved 21 December 2009. 
  21. ^ a b c d "All The Presidents' Money Clinton isn't wealthy yet, but Presidents Bush, Reagan, Carter and Ford are all multimillionaires. How do our Presidents get rich?". CNNMoney.com. http://money.cnn.com/magazines/moneymag/moneymag_archive/1999/07/01/262278/index.htm. Retrieved 21 December 2009. 
  22. ^ "Clinton's Burkle Ties Include Funds in Cayman Islands". Bloomberg. http://www.bloomberg.com/apps/news?pid=20601070&sid=aiQEVoQ5nt5E&refer=home. Retrieved 21 December 2009. 
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