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Liz Truss Fortune, Networth, Wealth, Multi-million Empire Revealed

Background:

Liz Truss was formerly serving as Secretary of State for Foreign, Commonwealth and Development Affairs, which she began in 2021.

Liz Truss is a multi-millionaire as she steps into new role as Prime Minister – net worth

Liz Truss is a multi-millionaire as she steps into new role as Prime Minister – net worth (Image: BBC/GETTY)

She was also appointed as Minister for Women and Equalities in 2019.

According to Money Transfers, the new Prime Minister has a net worth of £8.4million.

Her opposing candidate, Rishi Sunak, on the other hand, has a net worth of £200million, according to the same website.

How did Liz’ net worth compare to other candidates?

Nadhim Zahawi had an estimated net worth of £10million.

Jeremy Hunt reportedly has a net worth of around £14million.

The Prime Minister takes home £79,936 annually.

The salary places them in the top one percent of earners living in the UK.

Prior to entering politics, Truss worked as an industrial economist for multinational gas and oil company Shell.

She also worked at Cable & Wireless and was deputy director of the think tank Reform.

Liz entered into politics in 2010 serving as an MP for South West Suffolk.

Rishi Sunak, who was defeated by Truss, has an estimated worth of £200million (Image: Getty)

 

From 2012 to 2014, she served as Parliamentary Under-Secretary of State for Childcare and Education.

She was appointed to the Cabinet as Secretary of State for the Environment, Food and Rural Affairs in 2014.

In July 2016, following David Cameron’s resignation, Liz became Secretary of State for Justice and later Lord Chancellor.

This was a pivotal moment in political history as she was the first female Lord Chancellor in the thousand-year history of the office.

Liz Truss’ multimillion pound fortune EXPOSED despite ‘£4 Claire’s earrings’ ruse

Ms Truss has been in the House of Commons for just over a decade and is estimated to be worth millions.

Her current net worth according to Money Transfers is £8.4million according to Money Transfers, with an annual remuneration of at least £84,144.

Liz Truss has been a Member of Parliament since 2010 (Image: GETTY)
While this is still far off from competitor Mr Sunak who is believed to be worth £200million, it hasn’t stopped Truss’ finances from being probed.

Surprisingly, rather than how she earns her money, it is what Ms Truss has been spending that has garnered public attention

Her private jet trip to Australia has been a highlight for many, which she reportedly chose above scheduled flights from London to Sydney.

The flight was estimated to have cost over £500,000 according to The Independent, which taxpayers footed the bill for.

The Airbus A321 Ms Truss used in January is a private Government plane reportedly furnished with a VIP interior.

Aside from the cost of the trip has also come under fire for causing unnecessary pollution and fuel use in a time where many are struggling to fill their car tanks due to the cost of living crisis.

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Written by How Africa

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