Keir Starmer’s net worthImage Credits: LimeWire AI

UK’s new Prime Minister Sir Keir Starmer’s net worth ?

Prolific London reports that Sir Keir Starmer’s net worth is approximately £7.7 million, but they also say that when “taking his other revenue streams into account and the land he has held since 1996,” it may increase to between £10 million and £15 million.

What is the source of Sir Keir Starmer’s wealth?

During 2021–2022, Sir Keir’s income as an MP was £76,961, plus an additional £49,193 for leading the opposition. He had previously held the well-known and lucrative positions of Director of Public Prosecutions and Chief of the Crown Prosecution Service from 2008 until 2013. As a barrister, the newly appointed prime minister made almost £21,000 in legal fees starting in 2020–2021.

The Mail on Sunday revealed in May 2020 that Sir Keir purchased seven acres of land in Surrey in 1996 for a potential £10 million. The North London house that the leader of the Labour Party and his wife, Victoria, purchased for £600,000 is reportedly worth over £1 million.

Was Sir Keir Starmer a wealthy man from birth?

Sir Keir Starmer was not raised in an affluent household, in contrast to many other MPs. Southwark is where Starmer was born. His mother was a nurse, while his father, Rodney Starmer, made tools. Later, he attended Surrey’s Reigate Grammar School for his education.

The Labour leader told the BBC that, despite his multimillion-pound net worth, he understood the financial hardship that families face in light of the current cost of living problem. “I really do know what it’s like to sit around the kitchen table not being able to pay your bills,” he said in his statement.

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