Top 16 richest politicians in the world

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   Lord David John Sainsbury

 

Lord David John Sainsbury, one of the 'Top 16 richest politicians in the world' by China.org.cn.

Lord David John Sainsbury [ZUMA Press] 
 Worth: US$1.1 billion

The Connection: Minister of Science and Innovation, UK (1998-2006)

Lord David Sainsbury of Turville inherited a stake in US$30 billion (pre-tax revenues) Sainsbury's, one of the U.K.'s largest grocers. Sainsbury served as chairman and CEO of the supermarket chain but withdrew in 1998, when he was appointed to the government; he spent 8 years as UK's Minister of Science and Innovation but resigned in 2006. He has been loyal to the Labour Party, donating over US$15 million since 2000. However, he has reportedly been disinterested in supporting the party since Ed Miliband took the helm; Sainsbury supports Ed's brother, David Miliband.

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