Boris Johnson Net Worth

What is Boris Johnson’s Net Worth?

Boris Johnson, a prominent figure in British politics, has garnered significant attention not only for his political career but also for his personal wealth. This article delves into the details of Boris Johnson’s net worth, exploring the various sources of his income, his assets, and how his financial standing has evolved over time. We’ll also examine his career, personal life, and real estate holdings.

Early Life and Career

Alexander Boris de Pfeffel Johnson, widely known as Boris Johnson, was born in New York City, New York, in June 1964. His unique background, being born outside of the British Isles, has often been a talking point. He received his education at the prestigious Eton College and Balliol College, Oxford. Johnson embarked on a career in journalism, beginning with roles at The Times and The Daily Telegraph. His career in journalism was quite successful, where he served as Assistant Editor for The Daily Telegraph and later as the editor of The Spectator from 1999 to 2005. This early career laid the foundation for his future public profile and political endeavors.

Political Career

Johnson’s foray into politics began in 2001 when he was elected as a Member of Parliament (MP) for Henley. As a member of the Conservative Party, he quickly rose through the ranks, authoring books and making regular television appearances. He served briefly as Shadow Minister for the Arts in 2004 and Shadow Minister for Higher Education from 2005 to 2007. A pivotal moment in his political career was in 2008 when he defeated the Labour Party incumbent, Ken Livingstone, to become the Mayor of London. During his tenure as Mayor, he oversaw the 2012 London Olympic Games and implemented policies such as banning alcohol on public transportation. He was re-elected in 2012, again defeating Ken Livingstone.

In July 2019, following Theresa May’s resignation, Queen Elizabeth II appointed Johnson as Prime Minister. He took office at a critical juncture, navigating the complexities of Brexit and other national issues. In October 2019, a new election was called, and on December 12, 2019, Johnson’s Conservative Party secured a significant victory, gaining their largest majority in 30 years. However, his time as Prime Minister was marked by controversies. On July 7, 2022, after a series of scandals and resignations within his own party, Boris Johnson announced his voluntary resignation as Prime Minister, concluding a notable and often tumultuous period in British politics.

Financial Details

Boris Johnson’s net worth has been a subject of public interest, and while the exact figures fluctuate, several sources of income have contributed to his wealth. In the year before becoming Prime Minister, he earned approximately $1 million, with a substantial portion ($450,000) coming from his weekly column for The Daily Telegraph. He had to relinquish this role upon assuming the Prime Minister’s office. Additionally, Johnson was known for lucrative speaking engagements, which could generate as much as $200,000 per speech. As Prime Minister, his annual salary was equivalent to $220,000.

During his time as Prime Minister, reports surfaced of private complaints about his financial situation. He reportedly experienced a significant loss of wealth following his 2018 divorce from his wife of nearly 30 years, Marina Wheeler. Furthermore, upon leaving office, it was anticipated that Johnson would augment his income through speaking fees and other ventures.

Personal Life and Family

Boris Johnson’s personal life has also been a subject of public interest, with several marriages and children. From 1987 to 1993, he was married to Allegra Mostyn-Owen. Just 12 days after his divorce from Allegra was finalized, he married Marina Wheeler. The couple separated in 2018. In 2021, Johnson married Carrie Symonds. He has six children, four from his relationship with Wheeler, one from an affair, and another with Carrie Johnson. Johnson held dual citizenship (US and UK) for much of his life but renounced his US citizenship in 2016, demonstrating his allegiance to the United Kingdom.

Real Estate Holdings

Johnson’s real estate portfolio has been a significant component of his overall net worth. During his marriage to Marina Wheeler, the couple owned an impressive mansion in the London borough of Islington. As part of their divorce settlement in 2019, they sold this property for the equivalent of $4.6 million. Even after the divorce, Johnson retained ownership of a cottage in Oxfordshire, which he rents out for $6,000-$7,000 per month. Furthermore, he continues to hold a 20% share of his family’s longtime estate in the remote area of Exmoor. Upon his marriage to Carrie in 2021, the couple purchased a house in South London for $1.65 million.

(Photo by Daniel Leal-Olivas – WPA Pool/Getty Images)

Conclusion

Boris Johnson’s net worth reflects a combination of earnings from journalism, political positions, speaking engagements, and real estate holdings. His career trajectory, from journalism to Mayor of London and ultimately Prime Minister, has been marked by significant financial opportunities and challenges. While the exact details of his financial status are subject to change, the information presented provides a comprehensive overview of the sources contributing to his wealth and how they have evolved over time. His legacy continues to be debated, but his financial journey remains an intriguing aspect of his public persona.