Raking it in: Even after having his salary slashed by 36%, Lee Hsien Loong will still earn $1.7m a year Singapore's Prime Minister has reacted to public anger over income inequality by taking a 36 per cent pay cut - but is still one of the world's best paid political leaders. Prime Minister Lee Hsien Loong has had his salary reduced by over a third after public fury over soaring housing costs and increased pay inequality. The Singapore leader is still earning $1.7million a year (£1.089m) as the world's best paid leader however, over four times the salary of U.S. president Barack Obama.
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Lee Hsien Loong earns four times the salary of Obama and eight times wage of Cameron
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Singapore leader taking pay cut following public anger over income inequality
The committee - appointed by Lee following a disastrous parliamentary election in which his party faced historic losses - recommended that @placeholder's salary be cut 36 percent to 2.2 million Singapore dollars ($1.7 million).