Keir Starmer, the leader of the UK’s Labour Party, has been a prominent political figure in British politics for years. Before entering politics, he had a successful legal career, serving as the Director of Public Prosecutions (DPP) and earning a reputation as a top barrister. Given his extensive career in law and politics, many people wonder: how much is Keir Starmer worth?
This article explores Keir Starmer’s net worth, his career earnings, assets, and how his financial status compares to other UK politicians. If you’re curious about how much wealth he has accumulated over the years, keep reading.
Keir Starmer’s Net Worth: An Overview
Estimating the exact net worth of politicians can be challenging, as their financial details are not always publicly disclosed. However, reports suggest that Keir Starmer’s net worth is estimated to be between £5 million and £7 million. This wealth comes from his legal career, salary as an MP, and various assets.
His financial status is modest compared to some other UK politicians, but it is still substantial for someone who built his career in public service and law.
Keir Starmer’s Salary and Earnings
1. Earnings as a Lawyer and Barrister
Before entering politics, Keir Starmer was a highly respected human rights lawyer. As a Queen’s Counsel (QC), he worked on significant legal cases and was known for defending individuals in high-profile human rights cases.
His work as a barrister and later as a legal consultant earned him a considerable income. Senior barristers in the UK can earn anywhere from £150,000 to £1 million annually, depending on their caseload and expertise. While exact figures from his legal career are unavailable, it is believed that Starmer earned a significant income during his time as a lawyer.
2. Director of Public Prosecutions (DPP) Salary
In 2008, Starmer was appointed Director of Public Prosecutions (DPP), a prestigious role overseeing public prosecutions in England and Wales. He served in this position until 2013.
During his tenure, he was reported to have earned an annual salary of approximately £200,000, plus benefits. This role significantly contributed to his overall wealth.
3. Earnings as a Member of Parliament (MP)
After transitioning into politics, Starmer became the Labour MP for Holborn and St Pancras in 2015. As an MP, he receives a standard parliamentary salary.
- MP Base Salary (2024 figures): £91,346 per year
- Labour Leader’s Additional Salary: £80,000+ (approximate)
As the Leader of the Opposition, his earnings are higher than a regular MP’s salary, bringing his total annual income to around £170,000 to £180,000.
Keir Starmer’s Assets and Investments
Beyond his salary, Keir Starmer has various assets that contribute to his overall net worth.
1. Property Holdings
Starmer and his wife, Victoria Starmer, own a £1.75 million townhouse in North London. This property is one of his most significant assets, contributing substantially to his net worth.
2. Pension and Investments
As a former public servant, Starmer likely has a government pension from his time as the DPP. Additionally, he may have personal investments and savings, though details about his private financial holdings remain undisclosed.
3. Book Deals and Speaking Engagements
Many politicians supplement their income through book deals and paid speaking engagements. While Starmer has not yet written a book, if he chooses to do so, it could significantly boost his financial portfolio, as seen with other political figures.
How Keir Starmer’s Net Worth Compares to Other UK Politicians
While Starmer is wealthy compared to the average British citizen, his net worth is far lower than some of his political counterparts. Here’s a quick comparison:
- Rishi Sunak (UK Prime Minister): Estimated net worth of £730 million (due to his wife’s billionaire family wealth).
- Boris Johnson (Former PM): Estimated net worth of £4-5 million.
- Tony Blair (Former Labour PM): Estimated net worth of £60 million+, largely due to business and consulting ventures.
Starmer’s net worth is significantly lower than Rishi Sunak’s but is still considered high for someone who built their wealth through law and politics.
Frequently Asked Questions (FAQs)
How much is Keir Starmer worth?
Keir Starmer’s net worth is estimated to be between £5 million and £7 million, primarily earned through his legal career, political salary, and assets.
What was Keir Starmer’s salary as Director of Public Prosecutions?
As the DPP from 2008 to 2013, Starmer earned approximately £200,000 per year, making it one of his most lucrative roles.
What is Keir Starmer’s salary as Leader of the Opposition?
As an MP, Starmer earns a base salary of £91,346, plus an additional £80,000+ for his role as Labour leader, totaling around £170,000 to £180,000 per year.
Does Keir Starmer own any properties?
Yes, Keir Starmer and his wife own a £1.75 million townhouse in North London, which is one of his most valuable assets.
Is Keir Starmer richer than Rishi Sunak?
No, Keir Starmer’s estimated net worth of £5-7 million is significantly lower than Rishi Sunak’s £730 million, which comes from family wealth and business investments.
Does Keir Starmer have any other income sources?
Besides his salary as an MP and Labour leader, Starmer may have investments, savings, and potential future earnings from book deals or speaking engagements.
Conclusion
Keir Starmer’s financial status reflects his accomplished career in law and politics. With an estimated net worth of £5 million to £7 million, he has earned a significant fortune through his legal expertise, public service, and political leadership. While his wealth does not compare to billionaires or even some of his political counterparts, it is still a substantial amount.
As he continues his political journey, his financial standing may evolve, especially if he pursues new opportunities beyond politics. However, for now, his net worth remains a topic of public interest as he leads the UK’s Labour Party and aims to shape the country’s future.
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