Angela Merkel Net Worth
Angela Merkel Net Worth: Angela Merkel is a German politician and former research scientist who has a net worth of $11.5 million. Angela Merkel was born July 17, 1954 in Hamburg, Germany. Trained as a physicist, Merkel entered politics after the 1989 fall of the Berlin Wall. Rising to the position of Chairwoman of the Christian Democratic Union (CDU) party, Merkel became Germany's first female chancellor and one of the leading figures of the European Union, following the 2005 national elections. In 2013, Merkel won one of the most decisive victories in German history, achieving the best result for the CDU/CSU (Christian Democratic Union/Christian Social Union) since reunification and coming within five seats of the first absolute majority since 1957. However, with the FDP (Free Democratic Party), its preferred coalition partner, failing to enter parliament for the first time since 1949, the CDU/CSU turned to the SPD (Social Democratic Party) to form the third grand coalition in postwar German history and the second under Merkel's leadership. Merkel made international headlines in October 2013 when she accused the U.S. National Security Agency of tapping her cell phone. She chided the United States for this privacy breech, saying that "Spying among friends is never acceptable," according to CNN.com, at a summit of European leaders. Later reports revealed that the NSA may have surveilled Merkel since as early as 2002.