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Party chairs among Finland’s best paid

Political party chairmen are among the highest paid in Finland, according to figures from Statistics Finland. People in this income category earn over 9,000 euros per month.

Left to right: Party chairs and ministers Carl Haglund, Jutta Urpilainen and Jyrki Katainen.
Left to right: Party chairs and ministers Carl Haglund, Jutta Urpilainen and Jyrki Katainen. Image: Yle

With 7,500 euros per month, Finns Party Chair Timo Soini was the only chair not to make the top one percent of earners in the country.

At the other extreme is the new Centre Party Chair Juha Sipilä, who is in a class of his own with an estimated fortune of about 10 million euros.

Other party chairs' assets mainly consist of real estate.

All party chairs receive considerable salaries from their jobs as MPs or ministers, putting them among the highest earning group in Finland.

With a monthly salary of about 15,000 euros, Prime Minister Jyrki Katainen is the best paid of the party chairs.

The chairs gain additional income from MPs’ tax-free allowances.

Green Party Chair Ville Niinistö, who earns 12,400 euros per month, admits that ministers are well-paid in Finland. However, as someone with a relatively short work history, Niinistö says he has not amassed great savings, but has a considerable mortgage to pay.

Niinistö is not alone among party chairs when it comes to debt. Many have big mortgages. The Swedish People’s Party Chair and Minister of Defence Carl Haglund comes in first with a debt of over 400,000 euros.

In terms of property, most party leaders are upper middle class – with the exception of the millionaire Centre Party Chair Sipilä. Most own a house with their spouse, and many also have a second home or summer cottage.

“With seven members, our family has a house, as well as a summer cottage. I also own a small apartment for work in town,” Christian Democrats Chair Päivi Räsänen reveals.

Apart from Sipilä, Haglund and Katainen also own shares.

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