It's been a rough year for the politician, but at least he has his millions of dollars to ease the pain. 62-year-old Hamid Karzai has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2020 with an estimated $82 million in combined earnings.

UPDATE 19/09/2020 : This story seems to be false. (read more)

Hamid Karzai tops annual list of highest-paid politicians

In 2018 it looked like the politician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Friday (September 18) that Karzai is the highest-paid politician in the world, pulling in an astonishing $82 million between August 2019 and August 2020, a nearly $50 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The Afghan politician has an estimated net worth of $245 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Karzai Burger” chain) in Kabul, a Football Team (the “Kandahar Angels”), has launched his own brand of Vodka (Pure Wonderkarzai - Afghanistan), and is tackling the juniors market with a top-selling perfume (With Love from Hamid) and a fashion line called “Hamid Karzai Seduction”.

The ranking is significant for many Hamid fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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