Trump turns down $400,000 salary

Financial Mirror (Cyprus) - - FRONT PAGE -

Pres­i­dent-elect Don­ald Trump told ‘60 Min­utes’ that he would de­cline a salary when he takes of­fice in Jan­uary. He said that he’d rather take a dol­lar ev­ery year in­stead of the $400,000 salary cur­rently earned by Barack Obama. How does the U.S. pres­i­den­tial salary com­pare with other heads of state around the world?

Cana­dian prime min­is­ter Justin Trudeau earns $260,000 ev­ery year while An­gela Merkel brings home $234,000. In­ter­est­ingly, Trump isn’t the first U.S. pres­i­dent to make the sym­bolic ges­ture of for­go­ing the job’s salary. Her­bert Hoover and John F Kennedy are two other no­table ex­am­ples. Away from pol­i­tics, Face­book’s Mark Zucker­berg and Google’s Sergey Brin and Larry Page are also on a $1 salary. (Source: Statista)

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