'I earn around a million euros', German conservative Merz tells Bild

Christian Democratic Union (CDU) candidate Friedrich Merz speaks at a regional conference in Luebeck, Germany, November 15, 2018. REUTERS/Fabian Bimmer

BERLIN (Reuters) - German businessman Friedrich Merz, who is running to replace Chancellor Angela Merkel as leader of the Christian Democratic (CDU) party, disclosed for the first time that he earns about one million euros (£889,460) a year, Bild am Sonntag newspaper reported on Sunday.

Merz, 62, chairs the German arm of the U.S. investment fund BlackRock, works for the U.S. law firm Mayer Brown and serves on the board of numerous companies.