German politician Angela Merkel has an estimated net worth of $11.5 million. A former scientist, she has served as Germany’s chancellor since 2005. Since 2000, she has led the Christian Democratic Union, making her the first woman to have held both posts.

Currently, Merkel is considered by Forbes the world’s second most powerful person, the highest ranking attained by a woman. Previously, she served as the chairman of G8, the second woman to have held the post, after Margaret Thatcher. Nicknamed “the decider,” Angela Merkel is playing a vital role in managing the financial affairs and crisis in Europe as well as in international level. Under her tenure, she has addressed numerous issues on future energy development and health care development.

Angela Dorothea Merkel was born on July 17, 1954 in Hamburg, West Germany. She is a graduate of University of Leipzig. Since 1998, she has been married to Joachim Sauer.

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