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World Politicians: Salaries and Net Worth – Are They Worth It?

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When you think about politics and politicians, you may often wonder why – why are these people politicians at all? Why do they put themselves up to public scrutiny, perhaps ridicule, every day, in front of TV cameras and media microphones, their photographs often adorning the front pages of newspapers, magazines, and foremost on internet news and web sites? Worst of all perhaps, on a personal basis, how genuine are they – can you trust them or are they corrupt, as they are sometimes made out to be over all sorts of issues, particularly when there is a suspicion of personal gain?

Then, perhaps their salaries make all this apparent angst worthwhile? Below is one answer.

Following is a list of some prominent country and world organisation leaders and their current salaries, some figures including ‘allowances’ – whatever the latter may represent, include. In comparison to the salaries paid to CEOs of leading companies in almost any country, to say nothing of multi-nationals, the answer to the previous question must clearly be ‘NO’. So I will leave it to your imagination as to what the real answer is to the question ‘why’!

All figures quoted as net worths are conservative minimums.

Table of Contents

23. President of Zimbabwe – salary $18,000 – net worth $10 million

Robert Mugabe

Robert Mugabe has been President of Zimbabwe, elected or not, since independence from the UK in December 1987 – salary $18,000. His lifestyle and ability to control whomever he wishes, would suggest ‘private means’ as well, as he appears to regard his country as his personal fiefdom: net worth $10 million.

22. ‘Paramount leader’ of the Peoples Republic of China – salary $22,000 – net worth $>1 billion

Sultan Tuanku Alhaj Abdul Halim Mu'Adzam Shah of Malaysia Visits China

Xi Jinping is the ‘paramount leader’ of the Peoples Republic of China, ‘elected’ in November 2012. The title refers to the three major positions held by Xi: President of China, General Secretary of the Communist Party, and Chairman of the Central Military Commission. For bearing such enormous responsibility in a country with the largest population, and now the second biggest economy in the world, his salary of $22,000 seems somewhat paltry. Net worth (family) – $>1 billion.

21. President of India – salary $30,000 – net worth $275 million

President, Minister

President Pranab Mukherjee (2012, but a politician for over 50 years), and Prime Minister Narendra Modi (since 2014, previously Chief Minister of Gujarat(2000-14)) of India both draw a salary of about $30,000. Again, for such enormous responsibilities which include governing 1.4 billion people and in a rapidly developing country, the reward seems totally inadequate. Mukherjee net worth $275 million, Modi $250,000.

20. Former President of Venezuela – salary $47,000 – net worth $2 million

Nicolas Maduro1

Nicolas Maduro has been President of Venezuela since Hugo Chavez died in 2013 and he won the resultant election. He has been in parliament since 2000, rising to serve as Foreign Minister in 2006 and Vice-President in 2012. For governing one of the relatively poor, but one of the acknowledged corrupt countries in South America, his salary is $47,000. Net worth – $2 million.

19. Prime Minister of Portugal – salary $78,000 – net worth $ Unknown

António Luís Santos da Costa

António Luís Santos da Costa has been the Prime Minister of Portugal since 26 November 2015, as a result of elections which saw him head a coalition of leftist parties commanding 62% of the vote. He was previously the Mayor of Lisbon(2007-15), and served as a minister in the Socialist government from 1990 to 2007. For the unenviable task of running a country apparently close to bankruptcy, his salary is $78,000. Net worth – unknown.

18. Prime Minister of Spain – salary $89,000 – net worth $1 million

-RAJOY-GIRONA_013.JPG de Producción ABC-DEL

Mariano Rajoy Brey is now Prime Minister of Spain, since 2011, having previously served as a Minister(1996-2003) including as Deputy Prime Minister(2000-2003) – salary $89,000. Net worth – $1 million.

17. President of Brazil – salary $120,000 – net worth $1 million

Dilma Rousseff

Dilma Rousseff is the first female President of Brazil, a position she has occupied since 2011. An economist and politician, she was a ‘rebel’ – against the then military dictatorship – before serving successively as Minister for Energy(2002-05) and Chief of Staff(2005-10) under the previous President Lula da Silva. For governing the largest and most rapidly expanding economy in South America, she is probably worth rather considerably more than her salary of $120,000. Net worth – $1 million.

16. Prime Minister of Italy – salary $125,000 – net worth $Unknown

Matteo Renzi press conference, Rome

Matteo Renzi is one of the youngest leaders, having become Prime Minister of Italy in 2014 at the age of 39. He was President of the Province of Florence(2004-09) and Mayor of the city(2009-14), and was named as one of the most influential people under 40 in the world by Fortune magazine. With a salary of $125,000, he certainly earns his money trying to govern a country with such a disparate political set-up. Net worth – unknown.

15. President of Russia – salary $136,000 – net worth $70 billion

Vladimir Putin

Vladimir Putin has been President of Russia since 2012, having previously served as President from 2000-08) and then Prime Minister from 2008-12 while the constitution was changed to enable him to resume the presidency. This procedure, plus his previous service in the KGB for 16 years, has left him open to numerous accusations of corruption and vote-rigging – salary $136,000, which is aside from his known business interests, plus other wealth which is widely believed to make him one of the richest people in the world today, although never officially admitted. Net worth – $70 billion.

14. President of Mexico – salary $160,000 – net worth $20 million

GUATEMALA-MEXICO-PENA NIETO

Enrique Peña Nieto has been President of Mexico since 2012, formerly Governor of the (internal) state of Mexico(2005-10) – salary $160,000. A difficult job ruling over a country apparently beset with corruption, in particular drug cartels. Net worth – $20 million.

13. President of France – salary $195,000 – net worth $2 million

French President Hollande speaks to the media during a news conference at the G20 summit in St. Petersburg

Francois Hollande has been the President of France since 2012. He was first elected to the National Assembley in 1988. His previous positions include being first secretary of the Socialist Party from 1997-98, and Mayor of Tulle from 2001- 08. In governing one of the most significant economie in Europe, his salary of $195,000 seems hardly adequate. Net worth – $2 million.

12. President of Turkey – salary $198,000 – net worth $2 billion

HDRESIM.NET

Recep Tayyip Erdogan has been President of Turkey since 2014, previously Prime Minister(2003-14) and Mayor of Istanbul(1994-98) – salary $198,000. His country is currently in the forefront in processing millions of displaced persons from neighbouring countries – one wonders if he and his people are being adequately rewarded for their efforts. Net worth – $2 billion.

11. Prime Minister of Japan – salary $202,000 – net worth $10 million

JAPAN-ELECTION-POLITICS-ECONOMY

Shinzo Abe has been Prime Minister of Japan since 2012, having previously been in the job in 2006-07 before resigning because of ill-health, during which hiatus Japan was virtually leaderless. Abe is notable because he was the youngest PM, and the first born after the end of World War 2 -salary $202,000, which seems little enough when trying to run the third or fourth largest economy in the world. Net worth – $10 million.

10. Prime Minister of the UK – salary $215,000 – net worth $6 million

David Cameron

David Cameron has been the Prime Minister of the UK since 2010, and MP since 2001 who became leader of the Conservative Party in 2005. With a salary of $215,000, the position would also appear to be under-resourced for running a country which still wields considerable influence around the world, not only through the Commonwealth of Nations. Net worth – $6 million.

9. President of the Republic of South Africa – salary $224,000 – net worth $20 million

Jacob Zuma

Jacob Zuma has been President of the Republic of South Africa since 2009, being re-elected in 2014 – salary $224,000. Considering his ostentatious lifestyle, questions are consistently posed as to where he gets the money enabling him to indulge in such luxurious living. Net worth – $20 million.

8. Secretary-General of the United Nations – salary $227,000 – net worth $1.5 million

UN Secretary General Ban Ki-moon and UN Arab envoy to Syria Brahimi hold joint press conference in Switzerland

Ban Ki-moon is a South Korean politician and statesman, who has been Secretary-General of the United Nations since January 2007 – salary $227,000. He is certainly a diplomat, and also served as South Korean foreign minister from 2004-06. Net worth – $1.5 million.

7. Chancellor of Germany – salary $235,000 – net worth $11.5 million

Angela Merkel

Angela Merkel, first elected to the Reichstag after ‘perestroika’ in 1989, is both the first woman and (former) east German to become Chancellor of Germany, a position she has held since 2005. She was also President of the European Council in 2008, plus chaired the G8, again the first female to do either. Her salary of $235,000 hardly seems adequate for any person performing such important tasks, especially in charge of the largest European economy. Net worth – $11.5 million.

6. Prime Minister of Canada – salary $260,000 – net worth $1.5 million

Justin Trudeau,

The most recently elected leader is Prime Minister Justin Trudeau of Canada, in November 2015. He is the first PM to be a child of a previous PM, and has only been in politics since 2008 – salary $260,000. Net worth – $1.5 million.

5. President of Argentina – salary $315,000 – net worth $Unknown

Mauricio Macri

Mauricio Macri is scheduled to become President of Argentina on 10 December 2015, having won a run-off after October elections to run the third largest population in South America. He had previously been Head of the Government of Buenos Aires since 2007, having been in the Chamber of Deputies since 2005. Salary – $315,000. Net worth – unknown.

4. President of the European Commission – salary $347,000 – net worth $2.6 million

Jean-Claude Juncker

Jean-Claude Juncker is from Luxembourg, and has been President of the European Commission since 2014 – salary $347,000. He was previously the Prime Minister(1995-2013) and Finance Minister(1989-2009) of Luxembourg, and is known for having encouraging a rather lax, flexible banking system in the country. Net worth – $2.6 Million.

3. President of the USA – salary $400,000 – net worth $7 million

Barack Obama

Barack Obama has been President of the USA since first being elected in 2008, and re-elected in 2012. He attempts to govern the largest economy in the world, the most powerful military force, and the world’s richest democracy – is the effort and accompanying stress really adequately compensated by a salary of $400,000? Net worth – $7 million.

2. Prime Minister of Australia – salary $404,000 – net worth $200 million

Malcolm Turnbull

Malcolm Turnbull has been Prime Minister of Australia since September 2015. He has been a member of the federal parliament since 2004, briefly Minister for the Environment(2006-07), a leader of the opposition, and then Minister for Communications following the 2013 election. His salary of $404,000 is the highest of all the G8 countries. Net worth – $200 million.

1.Prime Minister of Singapore – salary $ 1.7 million – net worth $20 million

Lee Hsien Loong

Lee Hsien Loong has been the Prime Minister of Singapore since 2004, a politician since 1984 and a Brigadier-General in the Defence Force prior to that. He is the son of the first Prime Minister Lee Kuan Yew, and has served as successively as Minister for Trade, Finance and Deputy Prime Minister. In comparison with some of his contemporaries, his salary of $1.7million – reduced by 28% in 2012 – seems designed to ensure that the leader of the country has no need to indulge in corrupt dealings of any kind. Net worth – $20 million.

As the Managing Editor at NetWorthPost, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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2 Comments

2 Comments

  1. Sterculius65

    September 2, 2016 at 12:44 pm

    Mugabe, what a corrupt old dirtbag.

    • sungod64

      October 29, 2016 at 1:19 am

      WTF?!? What list did you read!?!DIRTBAG!

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Companies & Businesses

The World’s Richest Self-Made Women Billionaires

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Contrary to popular belief, around three-quarters of today’s billionaires are actually self-made, and the percentage is growing, a complete reversal of the situation 50 years ago when statistics were first gathered, and proof if any were needed that hard work outweighs inherited wealth everytime. To put it another way, to maintain your net worth, you need to move with the times, not just leave your money in the bank, so to speak – interest earns you little at the moment anyway. In fact, the actual number of billionaires who inherited their total wealth fell by 75% in that period – in raw figures, around 75 are no longer billionaires.

woman making busines

However, perhaps unsurprisingly given that, until relatively recently, ‘the woman’s place was in the home’ even in western societies, the number of self-made women billionaires barely reaches double figures, and the richest doesn’t rank in the top 300. Surprisingly though, given cultural perceptions prevalent around the world, four of the top ten self-made women billionaires are Chinese including the richest, and three are currently resident in China. The rest are American.

The following is a list of the top 10 self-made women billionaires in the world, as of early 2016. Co-founders have not been included unless the company or organisation where they made their start was at zero. This is a snap-shot, as you would be aware that figures can change very rapidly when based on share market valuations.

10. Sara Blakely – $1 billion


[one_half]Sara Blakely[/one_half][one_half_last]

  • Born: 27 February 1971, Clearwater, Florida, USA
  • Nationality: American
  • Residence: Atlanta, Georgia
  • Start in Business: 2000

With savings earned from previous jobs, Sara founded the hosiery company Spanx in 2000, partly out of personal need, registering patents too. Major stores soon took up her products, an endorsement from Oprah Winfrey helped, and Sara subsequently made her first billion in a little over 10 years. She is now also part owner of the Atlanta Hawks NBA team.

[/one_half_last]

9. Tory Burch – $1.05 billion


[one_half]Vanity Fair Party - 2013 Tribeca Film Festival[/one_half][one_half_last]

  • Born: 17 June 1966, Valley Forge, Pennsylvania, USA
  • Nationality: American
  • Residence: New York City
  • Start in Business: 2004

Tory worked directly in fashion for such as Polo Ralph Lauren and for the fashion magazine Harpers Bazaar before launching her own designs. Oprah Winfrey was also delighted to endorse her, and she now has 160 Tory Burch stores worldwide, as well as merchandising through over 3,000 department stores. Several fashion awards have also come her way, and Forbes ranks her in the top 100 most powerful women in the world!

[/one_half_last]

8. Sheryl Sandberg – $1.7 billion


[one_half]Sheryl Sandberg[/one_half][one_half_last]

  • Born: 28 August 1969, Washington DC, USA
  • Nationality: American
  • Residence: Menlo Park, California
  • Start in Business: 1995

Sheryl has been in management in one form or another all her working life, and is now the COO for Facebook which she joined in 2008. She is credited with developing the formal business side of Facebook, which has since seen it become one of the most profitable companies in the world, and herself a genuinely self-made billionaire from her efforts within the company. Her share options as part of salary should see her become very rich indeed within a few years.

[/one_half_last]

7. Meg Whitman – $2.1 billion


[one_half]Image:Hewlett Packard CEO and President Meg Whitman[/one_half][one_half_last]

  • Born: 4 August 1956, Cold Spring Harbour, New York State, USA
  • Nationality: American
  • Residence: Palo Alto, California
  • Start in Business: 1979

Meg has worked for Proctor and Gamble, Bain & Company and the Walt Disney organisation – becoming vice-president in both – then for Stride Right, before becoming CEO of Florists’ Transworld Delivery. She subsequently joined eBay as CEO, overseeing its rise to power over 10 years. Currently she has been CEO of HP since 2011, apparently not so successfully, but her previous track record has seen her wealth deservedly grow to its present impressive level.

[/one_half_last]

6. Xiu Li Hawken – $2.2 billion


[one_half]Xiu Li Hawken[/one_half][one_half_last]

  • Born: 1962, Harbin, China
  • Nationality: Chinese
  • Residence: London, England
  • Start in Business: 1991

Xiu Li began as a journalist before moving into finance, she is the majority shareholder in Renhe Commercial Holdings which she joined in 1996, subsequently developing and operating malls across 15 Chinese cities. She has other investments in agriculture in China, but currently lives with her husband in London.

[/one_half_last]

5. Oprah Winfrey – $3 billion


[one_half]Oprah Winfrey[/one_half][one_half_last]

  • Born: 29 January 1954, Kosciusko, Mississippi, USA
  • Nationality: American
  • Residence: Montecito, California
  • Start in Business: 1971

Always being a good talker, but orator as well, Oprah began her career on TV at the age of 17, and the rest is a history of one of the most successful talk show hosts of all time in the USA. Her own show began airing in 1986, and was ever popular until she retired in 2011. She was a millionaire at 32, and a billionaire at 35, with yearly earnings approaching $300 million, all of which was very rare for an Afro-American woman, which makes her achievements all the more laudable.

[/one_half_last]

4. Zhang Xin – $3.7 billion


[one_half]Soho China CEO Zhang Xin Interview[/one_half][one_half_last]

  • Born: 24 August 1965, Beijing, China
  • Nationality: Chinese
  • Residence: Beijing, China
  • Start in Business: 1992

Following scraping a living in Hong Kong to save enough for an education in the UK – eventually Master of Economics from Cambridge University – Zhang Xin was hired by Barings in Hong Kong, then by Goldman Sachs in New York, before returning to Beijing and founding SOHO. The company is now the largest developer of office buildings in Shanghai and Beijing, testimony to the clever, hard work of this lady who began with nothing, and now with her husband being described by London’s Times newspaper as ‘.. the most visible and flamboyant tycoons in China’.

[/one_half_last]

3. Wu Yajun – $4.2 billion

[one_half]Wu Yajun[/one_half][one_half_last]

  • Born: 1964, Chongqing, China
  • Nationality: Chinese
  • Residence: Beijing, China
  • Start in Business: 1984

A foundation in government administration, and cultivating business contacts enabled Wu with her husband to register what became Longfor Properties, in 1995. This investment holding company has interests across the major cities of China, in real estate, property development and management, with market capital approaching $9 billion, and almost 8,000 employees.

[/one_half_last]

2. Elizabeth Holmes – $4.7 billion


[one_half]Elizabeth Holmes[/one_half][one_half_last]

  • Born: 3 February 1984, Washington DC, USA
  • Nationality: American
  • Residence: Palo Alto, California
  • Start in Business: 2003

Elizabeth’s yearning to ‘…discover something new…’ led her to a research project developing a blood-testing device using only a stick, not a vial of blood. There is still considerable discussion over the validity of the testing procedures, but in the meantime Elizabeth has around 20 US and over 60 non-US patents registered to her name, and her current wealth in early 2016 is estimated at half her company, Theranos’ value of over $9 billion.

[/one_half_last]

1. Yang Huiyan – $5.1 billion


[one_half]Yang Huiyan[/one_half][one_half_last]

  • Born: 20 July 1981, Guangdong, China
  • Nationality: Chinese
  • Residence: Foshan, China

The richest woman in Asia and youngest female billionaire, a relatively small gift from her father when she turned 25 has seen her invest heavily in real estate, through her majority share in Country Garden Holdings, but recent downturns in the Chinese economy have seen her wealth dwindle in the last few years. However, she is just 34, and informed speculation is that the Chinese economy still has a long way to go in its expansion.

[/one_half_last]

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Job & Salaries

Endorsements can provide a significant boost to your Net Worth!

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Celebrities – particularly those in entertainment, sport and modelling – usually earn salaries that the average person can only dream about, but for many apparently this isn’t enough. To be fair, many are constantly pestered by companies selling all sorts of consumer products, to use their name, voice and/or face in endorsing particularly popular lines on sale, sometimes with rewards in excess of their ‘day job’ salary, sometimes for just one showing, but often stretching for years and even for ‘life’.

Clearly the celebrities are on to a good thing, and judging by results identified in the following selected list of the more notable and interesting endorsement deals of all time, so are the respective companies, but what do you think?

Brad Pitt

[one_half]Brad Pitt’s deal[/one_half][one_half_last]How would you like to be paid $4.5 million for appearing in a 60-second TV advert? Well, that was actor Brad Pitt’s deal with Heineken in 2005 – then, the American football Super Bowl is the most watched TV program of the year in the USA, so advertising slots during the show are famously expensive, but very widely viewed, so maybe the expense was worth it. Not content with that little earner, Brad Pitt was also paid $3 million by Cadillac, for advertising their product only in China![/one_half_last]

Julia Roberts

[one_half]Julia Roberts1[/one_half][one_half_last]A pretty face always attracts attention, so actress Julia Roberts endorsement of cosmetics marketed by Lancome should be a sure-fire winner, although costing the company $50 million over five years beginning in 2010.[/one_half_last]

Charlize Theron

[one_half]Charlize Theron's[/one_half][one_half_last]Likewise, actress Charlize Theron’s association with cosmetics producer Dior, worth $5 million a year to her since 2005, would seem to be an appropriate investment.[/one_half_last]

Catherine Zeta-Jones

[one_half]Catherine Zeta Jones[/one_half][one_half_last]Another actress, Catherine Zeta Jones‘ endorsement of T-Mobile – her smiling face next to the ‘phone – at $20 million over five years from 2002, is difficult not to admire on both sides.[/one_half_last]

Robert Downey Jr.

[one_half]Actor Robert Downey Jr.[/one_half][one_half_last]Actor Robert Downey Jr accepted a deal with HTC in 2013 of $12 million for one year of ads to promote their smart-phones and tablets, which judging by the Taiwanese company’s success was also a shrewd arrangement for both.[/one_half_last]

50 Cent

[one_half]50 Cent[/one_half][one_half_last]The rap music genre has gained a considerable following in recent years, so when 50 Cent – already endorsing Reebok sports shoes – was identified by Glacéau Vitamin Water on an add with their drink, they quickly offered him a contract to develop Formula 50, and including shares in the company. Coca-Cola acquired the company in 2007 for $4.1 billion, of which 50 Cent received $100 million.[/one_half_last]

Beyonce and Jay-Z

[one_half]Pepsi2[/one_half][one_half_last]Another rapper, Jay-Z spread his entrepreneurial wings to include an endorsement deal with Samsung worth $20 million, which together with his singer-wife Beyonce, whose contract with drink manufacturer Pepsi signed in 2012 and is worth $50 million over 10 years, makes the couple very well-off, thank you very much![/one_half_last]

Jessica Simpson

[one_half]Singer Jessica Simpson[/one_half][one_half_last]Singer Jessica Simpson is also a pretty face which has been put to good use – as the ‘after’ face – by skin care company Proactiv in an endorsement worth $3 million over three years. Maybe not as rewarding as some others, but if both sides to the agreement are satisfied, who’s to say that the arrangement wont be renewed?[/one_half_last]

Michael Jackson

[one_half]Michael Jackson with Pepsi[/one_half][one_half_last]One of the first and relatively most expensive deals was concluded by Michael Jackson with Pepsi in 1984, at $5 million for an indefinite period. However, Pepsi concluded a deal with Jackson’s estate in 2012 to continue using his profile on their drink cans.[/one_half_last]

Justin Bieber

[one_half]Justin Bieber[/one_half][one_half_last]Just 16 at the time, what was it about nail polish that singer Justin Bieber would be interested in? Well maybe $12 million from OPI to advertise One Less Lonely Girl – named after his song – in 2010, a considerable contribution to the net worth of the young star.[/one_half_last]

Justin Timberlake

[one_half]Justin Timberlake[/one_half][one_half_last]McDonalds is one of THE company’s of the world for fast food, but apparently a music video by Justin Timberlake in 2003 for a fee of $6 million promoted Maccas to even greater heights.[/one_half_last]

George Clooney

[one_half]George Clooney[/one_half][one_half_last]George Clooney began promoting coffee maker Nespresso in 2005 for $5 million pa, and is still going strong, and not just in the cup or mug! George is certainly one of the most recognisable big-screen actors in the world these days, but  just switch-on your TV and you’ll see him on that too![/one_half_last]

Nicole Kidman

[one_half]Nicole Kidman 1[/one_half][one_half_last]Australian actress Nicole Kidman would seem to fit in very well with perfume Chanel No 5 – in 2003 she featured in a film of just three minutes for $12 million which certainly did the product no harm at all, and further advertised the actress’ profile too.[/one_half_last]

Kim Kardashian

[one_half]Kim Kardashian-West[/one_half][one_half_last]It is difficult to know how to classify Kim Kardashian, who seems to be famous for just being famous, but her business acumen can’t be faulted. In 2014 she began sponsoring the Kim Kardashian: Hollywood game with Glu Mobile for 45% of net profits. So far the game is estimated to have earned $85 million in less than two years, which makes her cut …….?[/one_half_last]

LeBron James

[one_half]Lebron James1[/one_half][one_half_last]Sports goods manufacturer Nike is one of the most profitable companies in the world, regardless of goods produced, so clearly their endorsement contracts work extremely well. Sports celebrities are actually also famous for their involvement in endorsements, none more so than Cleveland Cavaliers’ basketball star LeBron James, whose deal with Nike beginning in 2013 is worth $500 million ‘for life’, actually estimated to be $30 million pa.[/one_half_last]

Michael Jordan

[one_half]Michael Jordan[/one_half][one_half_last]Fellow (ex-)basketballer Michael Jordan has been associated with Nike since 1984, for an initial $500,000 plus royalties ad infinitum – the current estimate is that his cut from profits amounts to over $60 million pa, including from his own, separate Air Jordan shoe brand.[/one_half_last]

Maria Sharapova

[one_half]Russian Maria Sharapova1[/one_half][one_half_last]That top tennis player, Russian Maria Sharapova, is also attractive was obviously not lost on Nike, which in 2010 signed her to a $70 million eight-year endorsement contract, working out at a base $8.75 million per year, but she also receives a percentage of sales from her product line.[/one_half_last]

Dwyane Wade

[one_half]Dwayne Wade[/one_half][one_half_last]Another basketballer, Dwyane Wade, was signed by Chinese sports shoe manufacturer Li Ning in 2012 to a $100 million 10-year partnership, as the Miami Heat star is very popular in China. However, a change is marketing strategy and increased competition from Nike and Adidas has seen the company suffer considerable losses in recent years, even in its home country.[/one_half_last]

George Foreman

[one_half]George Foreman[/one_half][one_half_last]Former world heavyweight boxing champion George Foreman has long been the face of the Salton kitchen appliance company, actually since the mid-90s for a 45% cut of the profits. However, in 1999 the brand had become so big that Salton bought Foreman out for $137.5 million, although he still appears in various advertising features to this day.[/one_half_last]

David Beckham

[one_half]David Beckham, who Adidas[/one_half][one_half_last]One of the most marketable sports personalities is now-retired English soccer star David Beckham, who Adidas had the foresight to sign to a $160 million lifetime arrangement in 2003, in a deal that saw him pocket $80 million up front, plus an estimated $20 million pa indefinitely.[/one_half_last]

So what do you think – are these endorsement arrangements justified from a business point of view, and who really profits the most – the company or the individual? Who else can you think of who may be worth recruiting, and by whom? Do let us know.

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