Since he started his campaign to lead the country, Sir Keir Starmer has been trying hard to downplay his privileged background while emphasizing his working-class origins.
However, after spending 20 years as a lawyer before diving into politics, he’s found himself among the top 1% of earners in the UK.
His real estate investments and impressive pension alone have his net worth sitting at around £3 million.
During the 2020 Labour leadership race, Sir Keir, who earned up to £400 an hour as a senior lawyer, downplayed his financial status.
He claimed, "I'm not a millionaire," even though he admitted that his north London townhouse could be valued at around £1 million at that time.
During the 2020 Labour leadership race, Sir Keir, who earned up to £400 an hour as a senior lawyer, downplayed his financial status.
He claimed, "I'm not a millionaire," even though he admitted that his north London townhouse could be valued at around £1 million at that time.
The Kentish Town place that he and Victoria picked up back in 2004 for £650,000 is now thought to be valued at around £2 million. That said, it’s important to note that nobody really knows how much of it is mortgaged or what other financial deals might be tied to it.
The 62-year-old gets two annual salaries—one for being a constituency MP and another for his role as PM—adding up to £166,786.
His wife, who is 50, works in occupational health for the NHS and used to be a solicitor.
As reported by The Sunday Times, her salary is thought to be around £50,000 pro rata.
Before diving into politics, Sir Keir made £1 million while serving as the Director of Public Prosecutions (DPP) from 2008 to 2013.
He also built up a £700,000 pension, which, along with his MP retirement allowance, is expected to give him a publicly funded total of about £1 million.