KEY POINTS

  • Boris Johnson becomes next U.K. Prime Minister
  • He used to write for The Daily Telegraph 
  • His net worth is allegedly at $2 million

Boris Johnson’s net worth is estimated at $2 million. The new prime minister of the U.K. replaced Theresa May who resigned in June.

In July 2019, Johnson defeated Jeremy Hunt in the Conservative Party election to win the prime minister seat. As a member of the Parliament for Uxbridge and South Ruislip, Johnson received $98,822 salary per year. His pay saw a bump when he took on his new position as the prime minister, receiving $187,033 as salary.

Before joining politics, Boris Johnson maintained a weekly column for the Daily Telegraph which gave him a more lucrative $341,977 salary, noted The Guardian. This is almost twice the pay he is receiving as PM. However, he had to leave his post when he officially became prime minister.

The 55-year-old U.K. PM was Mayor of London in 2008 and re-elected in the same position four years after. He allegedly bought a new home worth £1.3million recently, per The Sun. Johnson, or Bojo, apparently likes sports and painting to destress himself from politics. He also used to be severely deaf when he was young due to glue ears. 

In terms of money rankings, Johnson pales in comparison to his fellow prime ministers and world leaders. USA Today reports that Prime Minister of France Édouard Philippe has an annual salary of $220,505.00, Iceland Prime Minister Katrín Jakobsdóttir receives $242,619 per year and Sweden PM Stefan Löfven makes $244,615 in a year. The highest paid in the list is Singapore PM Lee Hsien Loong with annual salary of $1,610,000.

So, can Bojo live comfortably with his salary as a prime minister?

Well, he has some side hustles to complement it. In a report by Forbes, it was revealed that the prime minister also made money by being a public speaker and author. From November 2018 to June 2019, he made $560,271 from speaking engagements. On the other hand, he received $61,742.41 from book royalties from September 2017 to June 2019.

His house with former wife Marina Wheeler has been put up for sale for $4.66 million. Once purchased, the new PM will receive $870,000 from it. Bojo was also pictured in the past supporting electric vehicles Tesla and Renault Fluence ZE. His predecessor, Theresa May, used to drive an armoured BMW 7 Series but later switched to Jaguar XJ, per Motoring Research.

Johnson has not forgotten to give to charities. He donated a total of $62,177 to charities.

Top of Boris Johnson's to-do list will be a bill to ratify the terms of Britain's exit from the European Union Top of Boris Johnson's to-do list will be a bill to ratify the terms of Britain's exit from the European Union Photo: UK PARLIAMENT / JESSICA TAYLOR