Tharman Shanmugaratnam salary as one of the most notable politicians in Singapore is pretty impressive. Find out more about his career earnings in this article.
Tharman Shanmugaratnam is a well-established Singaporean politician and economist who most recently served as the Senior Minister of Singapore. He took over the role in 2019.
Since 2015, Tharman has also been serving as Coordinating Minister for Social Policies. Also, he is the chairman of the Monetary Authority of Singapore and has been working there since 2011.
Furthermore, Shanmugaratnam has gained broad experience as he has served in various departments of the Singaporean government.
Meanwhile, he is part of the People’s Action Party but left the party on July 7, 2023. Also, he announced his candidacy for President of Singapore in the upcoming presidential election and is also stepping down from all of his positions in government.
With that announcement, everyone is concerned about his salary and career earnings which have been shared in depth here.
Tharman Shanmugaratnam Salary and Net Worth 2024
Tharman Shanmugaratnam is a well-known politician, and from his government roles, he may be taking home a fair salary. Due to the lack of data, it is unknown how much his actual payment is.
As stated earlier, Shanmugaratnam is stepping down from all of his government positions. According to a report, the annual salary for an entry-level minister is S$1.2 million.
Tharman recently worked as Senior Minister and has surely taken home more than the average wage. In the same way, Tharman held other roles from which he earned an impressive fortune.
Despite that, Tharman has not disclosed anything about his earnings. Many online portals have claimed that Tharman has a tremendous net worth which is in the six figures.
Also, his actual net worth remains under investigation, and more details will get updated in the coming years.
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Tharman Shanmugaratnam Career Earning and Achievement
Tharman Shanmugaratnam has been active in the Singaporean political scene for a long time, due to which he has impressive career earnings.
His political career started when he was first elected a Member of Parliament after the 2001 general election for Jurong GRC. Following that, Tharman was also selected as the Senior Minister of State at the Ministry of Trade and Industry and the Ministry of Education.
Again in 2006, he won the election and was appointed Second Minister for Finance. Likewise, he served as the Minister for Finance. After the 2011 general election, he became the Deputy Prime Minister.
Before coming onto the political scene, Shanmugaratnam served as a chief economist at the Monetary Authority of Singapore (MAS). Due to his multiple works, Tharman has been able to win some awards too.
In 2013, he received the Euromoney magazine’s Finance Minister of the Year honor. In June 2019, he was conferred the Freedom of the City of London.
Tharman Shanmugaratnam Age: How Old Is He?
Born on February 25, 1957, Tharman Shanmugaratnam is 67 years as of 2024.
Furthermore, Shanmugaratnam is a Singaporean of Sri Lankan Tamil descent and was raised alongside his two siblings. His father named, Kanagaratnam Shanmugaratnam, was a histopathologist considered Singapore’s “Father of pathology.”
Sadly, Kanagaratnam passed away on July 28, 2018, aged 97, at his home in Singapore. Regarding Tharman’s married life, he lives a blissful life with his wife, Jane Yumiko Ittogi, who is a lawyer by profession.
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