Follow The Money

Stephen Bezruchka sabez@u.washington.edu
King of Nepal's earnings proprtion compared to other country heads
Date: Mon, 12 Dec 2005 09:13:15 -0800 (PST)

When I was in Nepal, people were leaving Bajura because they were starving. But the royal family seems to be OK. Stephen

How much money does Nepali king earn?

Dear Nepali citizens and foreign lovers of Nepal, You might be wondering why Nepal is still poor when its countries of equal economic status has reached the sky with booming economic development. Let me try to answer - this is one of the reason, I have recently found.

Nepal is one of the poorest counries of the world but Nepal's king is the highest paid king of the world.

The income of Nepali king Gyanendra Bir Bikram Shah Dev is :
-2,426 times higher than that of Chinese president
-318 times higher than that of Indian president 301 times higher than that of Pakistani president
-173 times higher than that of Russian president
-57 times higher than that of French president
-15 times higher than that of British president 10 times higher than that of American president

-Netherlands queen's income : Rs. 22,32,00,000 (per capita income Rs 17,25,120 )
-American president earns Rs. 3,24,00,000 (1,15,20,000 returns in tax), (per capita income Rs 25,24,320)
-Japanese king earns Rs. 22,23,52,000 (per capita income Rs.24,15,600)
-Chinese president earns Rs. 1,35,000 (per capita income Rs 67,680)
-Indian president earns Rs. 10,11,000 (per capita income Rs 34,560)
-French president earns Rs 57,96,000 (per capita income Rs 15,84,000)
-Pakistani president earns (after the coup) Rs 10,94,000 (per capita income 29,520)
-British Queen does not get any salary from the state. She has a property of Rs 30,24,00,00,000 (the profit of investiment, after paying the tax, is hers) but even her neckless is the property of the country.
-British president earns Rs 2,19,58,000 (per capita income is Rs 18,16,200)
-Russian president earns Rs 19,03,000 (per capita income is Rs 1,54,000)
-Belgean king receives salary as a civil servant (per capita income is Rs 16,74,000)

And, Nepali king earns Rs 61,91,00,000 (per capita income is Rs 16,560=US$ 230) [This means the Nepali king earns Rs. 19,878 times higher than a citizen. Last year it was 37,385 times higher. Thus a citizen can earn as much as the king earns in a year only after working for 19,000 years or in 316 lives. Ho la!]

Appendix

Nepali royal family is involved in various business. A king does not have to pay tax according to Nepal's constitution. The present king has inherited the property of earlier king's family and nobody knows how much it is. This king has taken Rs 1,06,45,00,000 in past three years for his small family.

Courtsey: Surya Thapa, Mulyankan Monthly (Nov-Dec 2005) US dollar 1 = Rs 72 Nepal has a writing system of giving comma after two digits except the last.

REQUEST: PEASE PRINT THIS AND PASTE IT ON THE NOTICE BOARD OF YOUR OFFICE. THIS WILL GIVE ANSWER TO THE QUEST WHY NEPAL IS ALWAYS SO POOR. PLEASE CIRCULATE THIS PAGE TO YOUR FRIEND - YOU WILL NOT GET ANY FORTUNE BUT WILL CERTAINLY OPEN THEIR EYES.

Thanks,
Nepali Janata

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