How much is new UK Prime Minister Boris Johnson worth? | IOL Business Report

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How much is new UK Prime Minister Boris Johnson worth?

Well, it is official. Boris Johnson will become the next Prime Minister of the United Kingdom. Business Report takes a look at his estimated net worth and where and how he made his fortune.

The 55-year-old pro-Brexiter and former mayor of London will replace Theresa May on Wednesday. This was after he beat Jeremy Hunt to become the leader of the ruling Conservative Party. Johnson is currently a member of Parliament for Uxbridge and South Ruislip, this means that he gets an annual salary of £79 468 .It should also be noted that Johnson receives £275 000 per year - or £22 916 per month - from the Daily Telegraph for his weekly columns.

Johnson, in addition, generates an income from the royalties of his book entitled "The Churchill Factor: How One Man Made History", a biography of Winston Churchill. Forbes reports that he also receives a share of rental income from a house owned in London with his ex-wife, Marina Wheeler. His marital home in north London was put up for sale at a value of £3.75 million . He will apparently make a £700 000 profit from the sale, the Sun reported. To date though, Johnson's total net worth is around £1.6 million , according to Celebrity Net Worth. According to The Outlet, Johnson has donated about £50,000 to charity. — Business Report July 24, 2019

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