What Is Net Worth Of Tayyip Erdogan?

Talking of a country like Turkey, we can associate a number of big names in regard with its social or political scenario. The current president of Turkey, Recep Tayyip Erdagon is one of those names who have been serving for his conservative democratic politics since 2014. The control of presidential office of Turkey is not an easy task and takes a great effort to run it properly. For this, Recep Tayyip also deserves a reasonable payback for his services and so he does get.

Lets have a closer look at the life and net worth of Tayyip Erdagon.

Brief History and Personal Life

Nobody could ever believe that today’s Tayyip Erdogan had once a teenager who used to sell lemonade and sesame buns to earn extra money. He was born on 26 February 1954 in Kasimpasa quarter of Istanbul in Turkey. He was raised in a family which was keenly observant of Islam as religion. His parents were Ahmet and Tenzile Erdogan who made him get this big name in the world. Erdogan used to be a semi-professional football player too and played for Kasimpasa Sport Club before getting indulged with the politics. His father commanded him to prevent opting football as his profession. After getting done with the high school, Erdagon went to Aksaray School of Economics and Sciences where he started studying business administration. While he was there, he joined National Turkish Student Union which played role against the communist, freemason and Judaism groups.

In 1994, Erdagon became the Mayor of Istanbul and he was one of the best office controller of the country in history. The journey continued and he founded Justice and Development Party in 2001. In 2003, Erdagon’s party got a fluent victory and he became the new Prime minister of the country. He continued to be on this post till 2014, when he won the elections and was elected as the President of Turkey.

Net Worth of Tayyip Erdagon

Tayyip Erdagon has got all the guts to be in the present year’s hottest lime light. He took first spot on the list of ‘People with Money’ as the highest paid politician of the world in 2016. The combined earnings that include upfront pay, endorsements, profit and salary and advertising activities make Erdagon have a net worth of $185 million.

Looking at his earnings in 2015, he raised a total of $58 million between 2014 and 2015. He has got amazing assets and personal earnings coming up from different sources like stock investments, endorsements and property holdings giving substantial raise to his fortune.

Salary of Tayyip Erdagon

The salary of Recep Tayyip Erdogan has been estimated to $17000 on a monthly basis which makes up to be $200000 on an annual basis. Being the president of Turkey, he has got all the rights to have this amount pocketed as his salary.

Other Sources of Income

Erdogan has got many appealing investments which combine to form his amazing net worth. He has got an endorsement deal signed with CoverGirl cosmetics which earns him a great part of his income. Other than that, he owns a football team named as the Istanbul Angels.

He also owns his chain of restaurants named as The Fat Erdogan Burger and recently he has launched his own brand of Vodka named as Pure Wondererdogan. All these investments indicate his smart business mindedness and that too apart from his political and administrative skills of running a country.