Boris Johnson's Staggering Net Worth Will Leave You Speechless!

What is Boris Johnson's Net Worth?

Boris Johnson is a British politician with a net worth estimated at $2 million. Following Theresa May's resignation as Prime Minister in July 2019, which occurred after her party suffered a significant electoral defeat, Queen Elizabeth II appointed Boris Johnson to the position. Prior to this, he held the office of Mayor of London from 2008 to 2016. Notably, he is the second individual in British history to assume the role of Prime Minister while being born outside the British Isles, having been born in New York City.

In October 2019, Parliament was dissolved, leading to the announcement of a new election. On December 12, 2019, Boris Johnson was re-elected, and his Conservative Party achieved its largest majority in three decades.

On July 7, 2022, amid a series of scandals and resignations within his party, Boris Johnson declared his intention to resign from the position of Prime Minister.

brussels,,belgium.,24th,march,2022.,nato,extraordinary,summit.,brussels,,belgium

Early Life And Journalism

Alexander Boris de Pfeffel Johnson was born in June 1964 in New York City, New York. He completed his education at Eton College and Balliol College, Oxford. Boris commenced his professional journey in journalism, contributing to The Times and The Daily Telegraph. From 1994, he held the position of Assistant Editor at The Daily Telegraph and subsequently served as the editor of The Spectator from 1999 until 2005.

Politics

Johnson's initial foray into political office occurred in 2001 when he was elected as a Member of Parliament representing Henley. As a member of the Conservative Party, he authored several books and frequently appeared on television during his tenure in the House of Commons. In 2004, he served briefly as the Shadow Minister for the Arts and held the position of Shadow Minister for Higher Education from 2005 to 2007.

In 2008, he triumphed over the Labour Party's incumbent, Ken Livingstone, to assume the role of Mayor of London.

During his mayoralty, he managed the 2012 London Olympic Games and implemented a ban on alcohol consumption on public transport. Johnson was re-elected in 2012, once again defeating Ken Livingstone.

london,,united,kingdom, ,may,6,2021:,uk,prime,minister

Finances

In the year preceding his appointment as Prime Minister, Boris Johnson earned approximately $1 million, with $450,000 derived from a salary for writing a weekly column for the Daily Telegraph. He was required to relinquish this position upon assuming the role of Prime Minister. Additionally, he had previously engaged in profitable speaking events, which could yield up to $200,000 per engagement.

As Prime Minister, his annual salary was set at $220,000.

Throughout his tenure, Boris reportedly expressed concerns in private regarding his financial circumstances. He is said to have experienced a significant reduction in his wealth following his divorce in 2018 from Marina Wheeler, his spouse of nearly three decades.

After leaving the office of Prime Minister, Boris has reportedly amassed considerable wealth through speaking fees.

Personal Life

Between 1987 and 1993, Boris was wed to Allegra Mostyn-Owen, who is the daughter of a renowned art historian and an Italian author.

Just twelve days following the finalization of his divorce from Allegra, Boris entered into marriage with Marina Wheeler, with whom he separated in 2018.

In 2021, he married Carrie Symonds.

Boris is the father of six children: four from his relationship with Wheeler, one from an extramarital affair, and another with Carrie Johnson. For a significant portion of his life, he held dual citizenship in the United States and the United Kingdom, but he renounced his American citizenship in 2016 to demonstrate his commitment to the United Kingdom.

kyiv,,ukraine,september,08,2023.,yalta,european,strategy,(yes),forum.

Real Estate

During his marriage to Marina Wheeler, the couple possessed a notable mansion located in the London borough of Islington. As part of their divorce proceedings, they sold this property in 2019 for approximately $4.6 million.

Following the divorce, Boris retained ownership of a cottage in Oxfordshire, which he leases for between $6,000 and $7,000 per month.

He also maintains a 20% stake in his family's longstanding estate situated in the secluded region of Exmoor.

Upon marrying Carrie in 2021, the couple acquired a residence in South London for $1.65 million.

Boris Johnson’s financial and political journey has been as tumultuous as his public image. Despite a reported net worth of $2 million, his private concerns over financial strain, coupled with the loss of significant wealth following his divorce, paint a picture of a leader grappling with personal challenges.

RELATED: Keir Starmer Net Worth: How Much Does the Labour Leader Earn?.

His political legacy, marred by controversies and scandals, culminated in his resignation as Prime Minister. Critics argue that his tenure was defined more by divisiveness than unity. While his post-office ventures have reportedly brought financial success, they serve as a stark contrast to the ethical questions that have overshadowed his career.