Advertisement
Australia markets close in 5 hours 22 minutes
  • ALL ORDS

    7,822.60
    -76.30 (-0.97%)
     
  • ASX 200

    7,566.30
    -75.80 (-0.99%)
     
  • AUD/USD

    0.6412
    -0.0013 (-0.20%)
     
  • OIL

    82.48
    -0.25 (-0.30%)
     
  • GOLD

    2,391.60
    -6.40 (-0.27%)
     
  • Bitcoin AUD

    98,288.09
    +2,613.60 (+2.73%)
     
  • CMC Crypto 200

    1,305.18
    +419.64 (+47.06%)
     
  • AUD/EUR

    0.6025
    -0.0006 (-0.10%)
     
  • AUD/NZD

    1.0871
    -0.0004 (-0.04%)
     
  • NZX 50

    11,800.87
    -35.17 (-0.30%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,385.87
    +134.03 (+0.82%)
     
  • NIKKEI 225

    37,343.57
    -736.13 (-1.93%)
     

Top 5 highest paid world leaders: ScoMo one of them

Who are the top 5 highest paid world leaders? Source: Getty
Who are the top 5 highest paid world leaders? Source: Getty

Scott Morrison is among the highest-paid leaders in the developed world, but his pay packet is slimmer than some.

The Aussie prime minister pockets almost $550,000 a year, placing him fifth among global counterparts, AAP FactCheck has found.

In first place is Singapore prime minister Lee Hsien Loong, who earns $2.29 million, including bonuses. The remuneration is based on the median income for Singapore's top earners.

As of July 1, Mr Morrison's base salary was $211,250, plus an additional salary of $338,000, making for a gross $549,250, or $1505 a day.

Earlier this year Mr Morrison batted away the idea of taking a temporary pay cut during the COVID-19 pandemic.

ADVERTISEMENT

"I'll just keep doing a good job, that's my plan, and I will be accountable to Australians for that job," he said.

New Zealand Prime Minister Jacinda Ardern, who earns $441,724 per year, and her ministers took a 20 per cent pay cut for six months to show solidarity with those affected by the coronavirus outbreak.

Who are the top-paid leaders of the developed world?

  1. Singapore Prime Minister Lee Hsien Loong $2.29m

  2. Hong Kong Chief Executive Carrie Lam $946,938

  3. US President Donald Trump $614,175

  4. German Chancellor Angela Merkel $568,132

  5. Australian Prime Minister Scott Morrison $549,250

Make your money work with Yahoo Finance’s daily newsletter. Sign up here and stay on top of the latest money, economy, property and work news.

Are you a millennial or Gen Z-er interested in joining a community where you can learn how to take control of your money? Join us at The Broke Millennials Club on Facebook!