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Home Net Worth Politics

Angela Merkel’s Net Worth

Mats Jansrud by Mats Jansrud
January 17, 2023
in Net Worth, Politics
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Angela Merkel’s Net Worth
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Angela Merkel is one of the world’s most powerful and influential women. She served as the Chancellor of Germany from 2005 until 2021 and has been a significant figure in European politics.

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Angela Merkel’s net worth

Angela Merkel’s net worth is not publicly disclosed; however, it is estimated to be around $11.5 million, primarily from her salary as the Chancellor of Germany, her various investments, and her notable appearances at various events.

General info about Angela Merkel

Net Worth$11.5 million
Full nameAngela Dorothea Merkel
Known asAngela Merkel
Date of BirthJuly 17th, 1954
Place of BirthHamburg, West Germany
Height5’4″ (1.65 m)
NationalityGerman
EducationKarl Marx University
ProfessionPolitician

What is Angela Merkel’s salary?

As the German Federal Government publicly disclosed, the Chancellor of Germany, Angela Merkel’s salary was $369,727 per year.

She also received a residence, office allowance, and a pension for her service as Chancellor. After leaving office, according to a German Taxpayers’ Association calculation, Merkel receives a pension of around $18,000 per month.

As a public figure, Angela Merkel was also provided various other benefits and perks, such as transportation, security, and other support services. Additionally, she was provided with a residence at the German Federal Chancellery, which serves as the official residence and office of the Chancellor.

What made Angela Merkel famous?

Angela Merkel rose to fame in the early 2000s as the leader of the Christian Democratic Union (CDU) party and as a prominent voice in the European Union. Her steady leadership during the financial crisis and her handling of the refugee crisis further solidified her position as one of the world’s most powerful and influential leaders.

How did Angela Merkel make her fortune?

Angela Merkel’s fortune comes primarily from her salary as the Chancellor of Germany and her various investments. As the head of the German government for over 15 years, she received significant compensation and was provided with a range of benefits and perks.

She is, however, known to have yet to make any significant investments or business ventures. Additionally, she has made good use of her wealth, including donating a substantial portion of her salary to charity throughout her tenure as Chancellor. Furthermore, she also has a pension plan that will give her a significant monthly income of around $18,000 after leaving office.

Family and relationships

Angela Merkel was born as Angela Dorothea Kasner in Hamburg, West Germany, the daughter of Horst Kasner and Herlind Kasner. Her father, Horst, was a Lutheran pastor, and her mother, Herlind, was a teacher of English and Latin.

She was raised in a family of a pastor, and a teacher, both of her parents passed away in 2011 and 2019, respectively. Angela Merkel is divorced and has no children. She was married to her college sweetheart, quantum physicist Ulrich Merkel, in 1977, and they divorced in 1982. She married Joachim Sauer, a chemist, in 1998.

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Early life and education

Angela Merkel, born Angela Dorothea Kasner, grew up in East Germany where her father, Horst Kasner, was a Lutheran pastor and her mother, Herlind Jentzsch, was a teacher of English and Latin. Her family moved around several times, from Hamburg, where she was born, to Quitzow in Brandenburg and later to Templin, where she finished high school in 1973.

After completing high school, Merkel attended Karl Marx University in Leipzig to study physics, where she met her first husband, fellow physics student Ulrich Merkel. They were married in 1977 but later divorced in 1982. Merkel earned her diploma in 1978 and later worked as a member of the academic faculty at the Central Institute of Physical Chemistry of the Academy of Sciences in East Berlin. She received her doctorate in 1986 for her thesis on quantum chemistry.

As a youth in the German Democratic Republic, Merkel participated in state youth organizations and was a member of the Young Pioneers and the Free German Youth.

Her involvement with the Free German Youth has led to controversy, with some of her former colleagues from the Central Institute of Physical Chemistry claiming that she was active as a secretary for agitation and propaganda at the institute. However, Merkel maintains that she was responsible for cultural affairs. Merkel was not a member of the Socialist Unity Party and refused to become an informant when approached by the Ministry for State Security (Stasi).

Interesting facts

Here are some interesting facts about Angela Merkel:

  • Angela Merkel is fluent in German, English, and Russian.
  • She is known for her pragmatic and cautious approach to politics.
  • Angela Merkel is the first woman ever to hold the office of Chancellor in Germany.
  • She was also the longest-serving head of government in the European Union.

Notable achievements

Forbes consistently recognized Angela Merkel as one of the most powerful women in the world by being named the second most powerful woman in 2006 and consistently ranking among the top in subsequent years. 

Her influence and leadership have also been acknowledged globally, being named the “World’s Second Most Powerful Person” by Forbes in 2016 and 2017, and the world’s most powerful woman by Forbes in 2019.

Merkel’s contributions and achievements have been recognized through various awards, such as the Presidential Medal of Freedom in 2011 from President Barack Obama and the International Charlemagne Prize in 2008 for her efforts towards European integration. These awards and recognition are a testament to her exceptional leadership and global contributions.

Get to know Angela Merkel

Readers can explore the various books written about her to gain a deeper understanding of Angela Merkel and her work.

“Angela Merkel: The Authorized Biography” by Stefan Kornelius, “Angela Merkel: The Chancellor and her World” by Gerd Langguth, “Merkel: The Authorized Biography” by Paul Lewis, “Merkel: A Life” by Stefan Kornelius, “Merkel: Europe’s Most Influential Leader” by John Vinocur, and “The Merkel Republic” by Stefan Kornelius are some notable books that offer an in-depth look at her life, her leadership style and her impact on the world.

These books comprehensively overview her political journey, work, and contributions to Germany and Europe.

Final word

Angela Merkel is widely recognized as one of the world’s most powerful and influential women. Her leadership and contributions as the Chancellor of Germany have had a significant impact not only on her country but also on Europe as a whole. She is a role model for many, and her achievements and accolades speak for themselves. Her net worth is estimated to be around $11.5 million, primarily from her salary as the Chancellor of Germany.

Along with other world leaders such as Barack Obama and Emmanuel Macron, Angela Merkel has played a significant role in shaping global politics and her country’s direction.

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Mats Jansrud

Mats Jansrud

Mats Jansrud is a co-founder and writer for Incendiary News. He's worked within several niches such as gaming, sports, finance, and politics for more than 5 years. His extensive background in these niches has given him a wealth of knowledge and experience.

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