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2 years ago .Nara, Japan

Shinzo Abe net worth: How did the former Japan PM get rich?

  • Shinzo Abe was shot while delivering a speech in Nara
  • The former Japanese PM has a net worth of $10 million
  • His annual income is estimated to be more than $1 million

Written by:Pragati
Published: July 08, 2022 04:14:37 Nara, Japan

Shinzo Abe is a Japanese politician who served as Prime Minister of Japan and President of the Liberal Democratic Party (LDP) from 2006 to 2007 and again from 2012 to 2020. He is a conservative described as a right-wing Japanese nationalist.

It is reported that the Japanese former PM has a net worth of $10 million in 2022.

Also read: Shinzo Abe family, age, wife, children and biography

The majority of his income comes from being a politician. His monthly salary is $70,000+ with an annual income of more than $1 million. He advocated revising Article 9 of the pacifist Japanese constitution to permit Japan to maintain military forces.

Abe wanted to change Article 9 during his first term as Prime Minister, but his early resignation prevented action.

Also read: Who is Tetsuya Yamagami, suspected man who shot former Japan PM Shinzo Abe

His premiership was internationally renowned for his government’s economic policies, nicknamed Abenomics, which aimed to pursue monetary easing, fiscal stimulus and structural reforms.

The economy has grown under Abe, but not at the expected rate of inflation. 

Also read: A look at former Japan PM Shinzo Abe’s health history

He has been accused of using his influence to assist a friend in establishing a new veterinary school in a special economic zone.

He announced his resignation in August 2020 due to health issues. 

Also read: Former Japan PM Shinzo Abe shot, shows ‘no vital signs’

On July 8, 2022, Abe was shot from behind while delivering a campaign speech in Nara. 

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