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Revealed: Guy Verhofstadt’s well-paid side jobs

Revealed: Guy Verhofstadt's well-paid side jobs
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Guy Verhofstadt is a busy man. As well as his day job in the European parliament, Verhofstadt has the task of trying to thrash out a deal in his role as its chief Brexit negotiator. But that daunting task - and his dedication to the EU - isn’t stopping the Belgian politician from earning a small fortune for his side jobs away from his taxpayer-funded role. In fact, in a tally of all 748 MEPs, Verhofstadt comes second for his outside earnings - which tally up to at least £175,000 a year.

As an MEP, Verhofstadt already pockets £93,000 a year. But the bulk of his income actually comes from his commitments away from the European parliament. Verhofstadt earns £11,000 a month as a director of investment company Sofina. And as CEO of the boringly-named - but nonetheless well-paying - European Institute of Public Administration, Verhofstadt rakes in another £900 a month.

Of course, those earnings don't include his speaking fees – which are no doubt being helped by his role at the heart of Brussels’ Brexit negotiations. Verhofstadt is on the roster of a number of top agencies, including Celebrity Speakers Ltd and London Speakers. For these commitments, Verhofstadt pockets another £2,800 a month. All in all, Verhofstadt’s monthly earnings away from parliament tally up to a total of £14,600 a month.

Whatever happens with Brexit, Mr S thinks Verhofstadt is unlikely to end up too badly off…

Written bySteerpike

Steerpike is The Spectator's gossip columnist, serving up the latest tittle tattle from London and beyond. Email tips to steerpike@spectator.co.uk.

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