Thursday, December 30, 2004

The kings salary open for all to see

King Mohammed

The BBC reports that in an unprecedented move the king of Morocco's salary has been published. It seems that the guy earns a modest $45.000 / month. That's less than a typical Fortune 500 CEO earns and certainly less than some other Arab kings & sheikhs earn.

This is a very bold move for an Arab head of state, although I don't see this catching on. Certain sheikhs would probably be posting numbers in the hundreds of millions......

BTW It must also be noted that the royal court spend a whopping $250 million annually, although the article doesn't state what on.

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