Angela Merkel was born on the 17th July 1954, in Hamburg, Germany, of part Polish ancestry. She is a stateswoman and former research scientist, best known for being the Chancellor of Germany since 2005, and also as a president of the Christian Democratic Union (CDU) since 2000. Thanks to politics, Merkel’s net worth has increased significantly in the last 25 years. Her political career started in 1990.
Have you ever wondered how rich Angela Merkel is as of mid-2016? According to authoritative sources, it has been estimated that Angela Merkel’s net worth is as high as $11.5 million. Being one of the world’s most powerful people has helped Merkel to improve her wealth.
Angela Merkel Net Worth $11.5 Million
Angela Dorothea Merkel was a daughter of Herlind Jentzsch, a teacher of Latin and English, and Horst Kasner. Merkel moved to the Eastern Germany where she was a part of the Free German Youth (FDJ), the movement sponsored by the Socialist Unity Party. She went to the University of Leipzig, where she studied physics from 1973 to 1978, and later studied and subsequently worked at the Central Institute for Physical Chemistry of the Academy of Sciences in Berlin-Adlershof from 1978 to 1990.
Merkel started her career in politics in 1990, and was appointed the Minister for Women and Youth under Chancellor Helmut Kohl from 1991 to 1994. She was later promoted to Minister for the Environment during Kohl’s reign from 1994 to 1998, and in 2000 Angela became the Leader of the Christian Democratic Union, and after Helmut Kohl lost the election in 1998 to Gerhard Schroder, Merkel challenged for the coaltion leadership in 2002, but lost to Wolfgang Schrauble, hjowever, Angela Merkel won the 2005 national elections and succeeded Schroder as the new Chancellor, becoming the first woman Chancellor in Germany’s history.
She also won the 2009 and 2013 federal elections and is still the Chancellor of Germany. In 2007, Merkel was nominated the President of the European Council, and she became one of the most powerful people in the world. In fact, the famous Forbes Magazine’s List of The World’s Most Powerful People ranked her in the 2nd position right behind Vladimir Putin and ahead Barack Obama. In 2015, Merkel was named as the Person of the Year by Time magazine, and more recently, in May 2016, she was named the most powerful woman in the world, and is clearly the dominant figure in the European Union and the Euro Zone.
Angela Merkel has been pragmatic in both foreign and domestic policies, encouraging relationships based on trade with other countries, but insisting that Germany is a Christian country and immigrants should adapt accordingly. She showed support to Ukrainian President Petro Poroshenko during the Crimea conflict in 2014, and subsequent rebellion in the eastern Ukraine.
Regarding her personal life, Angela Merkel married Ulrich Merkel in 1977 while both were studying physics; however, they divorced in 1982, but Angela kept Ulrich’s surname and is still using it today. Her second marriage was with quantum chemist, Professor Joachim Sauer. They met in the early 80’s and married in 1998. Merkel doesn’t have children, but she is the stepmother of Sauer’s two sons. She is a big football fan and is often in attendance when the German national team plays. Merkel suffered a fractured bone in the pelvis after an accident during cross-country skiing in Switzerland in early 2014. She has a fear of the dogs, as she was attacked by one in 1995.
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