Boris Johnson's estimated net worth is $3 million.
Johnson is a former Prime Minister of the United Kingdom from the Conservative Party. He was the MP for Uxbridge and South Ruislip. Before this, he was the Secretary of State for Foreign and Commonwealth Affairs, a post he took up after his 8-year tenure as Mayor of London.
He is also an author, columnist, and journalist at the "Daily Telegraph".
Early life
Alexander Boris de Pfeffel Johnson was born in New York City, USA, on 19 June 1964. He is the son of Stanley Johnson and Charlotte Fawcett.
At the time of his birth, Johnson's father was studying economics at Columbia University. He went on to become an author, Conservative MP an,d TV personality.
Boris’ mother, Charlotte Maria Offlow Johnson Wah (nee Fawcett), was an English artist.
They left the USA when Boris was 5. Until 2016, he held dual British / USA citizenship.
Education
Johnson briefly attended Winsford Village School, then the Primrose Hill Primary School. In 1973, the family moved again, and Boris was enrolled in the European School, Brussels. It was there that he learned French.
In 1975, Boris was enrolled at the preparatory boarding school called Ashdown House in East Sussex. He earned a King´s scholarship to study at Eton College.
He excelled at English, loved the Classics, was the secretary of the debating society, and edited the school newspaper.
Boris rounded off his education by reading Literae Humaniores at Balliol College, Oxford, and was awarded an upper second-class degree.
While at Oxford, he co-edited "Tributary", the university´s satirical magazine, and became the secretary of the Oxford Union.
How did Boris Johnson build his net worth?
After leaving university, Boris became a graduate trainee at "The Times", which was the start of his career as a journalist. At the age of 25, he became the Brussels correspondent for the "Daily Telegraph".
When he returned to London in 1994, he became the assistant editor and chief political columnist. For Boris, this was a turning point, including for his finances.
His earnings from his day job rose. He began to appear on TV shows like "Have I Got News For You?" and became a sought-after public speaker, for which he was sometimes paid an astonishing amount. When he gave a speech at the publishing house "India Today", he was paid £122,899.
All of these public and media appearances also gained him a huge following, providing him with the ideal springboard from which to launch his political career.
In 1999, he was elected as the MP for Henley. Around the same time, he became the editor of the "Spectator" where — although never made public — it's thought he would have been paid more than £100,000. At the time, MPs were paid £43,007, but there were also generous expenses allowances.
In addition, he was still writing a column for the "Daily Telegraph" for which he was being paid £200,000 per annum. This rose to £250,000.
As Mayor of London, Boris continued with much of his writing. In his first 3 years in office, Johnson earned a little under £900,000 for freelance work and book royalties. At the same time, he was being paid £143,911 as mayor.
As Prime Minister, Boris Johnson claims £75,440 whilst taking home £81,932 as the MP for Uxbridge and South Ruislip.
FAQs
Is Boris Johnson a millionaire?
Based on his net worth, Boris Johnson is technically a millionaire, albeit one who can't afford wallpaper.
Is Boris Johnson broke?
Judging by the contents of his text messages to Conservative donors, he's not flush with cash and can't afford to redecorate his flat.
Was Boris Johnson born rich?
Boris Johnson was born into an upper middle-class family.
Is Rishi Sunak richer than Boris Johnson?
Rishi Sunak is much richer than Boris Johnson thanks to his wife's incredible wealth.
