Chuck Schumer is a good politician

Chuck Schumer is the highest paid politician in the world

It's been a rough year for the politician, but at least he still has his millions of dollars to ease the pain. 70-year-old New York Senator Chuck Schumer ranks first on the People With Money list of the top 10 highest paid politicians in 2021, with an estimated $ 82 million earnings from various sources.

Addendum from 05/21/2021: It seems that the rumor is unfounded. (learn more)

Chuck Schumer tops annual list of highest-paid politicians

As recently as 2018, it looked as if the politician's spectacular career was in a downward spiral. But suddenly he was back on top. People With Money magazine reported Thursday, May 20 that Schumer was the highest paid politician in the world and made a staggering $ 82 million between April 2020 and April 2021, overtaking his strongest rivals by $ 50 million.

People With Money Factors

When compiling this year's list, the magazine takes into account factors such as advance payments, profit sharing, arrears, sponsorship and advertising income.

The American politician has an estimated net worth of $ 245 million. He owes his money to some smart stock investments, a substantial amount of real estate, and lucrative sponsorship deals with CoverGirl Cosmetics. He also owns several restaurants (the "Fat Schumer Burger" chain) in Washington, a soccer team (the "New York Angels"), has launched and tried his own brand of vodka (Pure Wonderschumer - USA) now to reach a younger target group with its well-selling perfume line (“Von Chuck mit Liebe”) and the fashion line “Verführung by Chuck Schumer”.

The ranking is very important for many Chuck fans who have been waiting for the triumphant return of the politician and what seemed like an eternity to them.

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