Liz Truss Net Worth

What is Liz Truss’s Net Worth ?

Net Worth:
$10 Million
Birth:July 26, 1975
Age:47
Height:1.60 m (5 ft 3 in)
Source of Wealth: Politician
Nationality:UK
Instagram:@liztruss
Last updated:2023

Introduction

Liz Truss is a British politician who is currently serving as Foreign Secretary in Prime Minister Boris Johnson’s cabinet. She has been a Member of Parliament (MP) for South West Norfolk since 2010 and has held various ministerial positions in the government. Truss is also known for her free-market economics and neoliberal views. She has been a prominent figure in the Conservative Party and is seen as a potential future leader. In this article, we will explore Liz Truss’s net worth, early life, personal life, and how she spends her money.

Early Life

Liz Truss has a family background in academics and healthcare. Her father is a retired professor of pure mathematics at the University of Leeds, while her mother used to work as a nurse and teacher. Unfortunately, her parents got divorced in 2003. Her mother tried her hand at politics and ran for election as a Liberal Democrat in the 2004 Leeds City Council election but was unsuccessful.

When Liz Truss was four years old, her family moved to Paisley, Renfrewshire, in Scotland, where they lived until 1985. During her time in Scotland, Truss attended West Primary School. After moving back to Leeds, she attended Roundhay School, which is a comprehensive school in the Roundhay area of Leeds.

Political Career

Liz Truss, a British politician, ran for a seat in Hemsworth in West Yorkshire during the 2001 general election, but lost to the Labour Party by a large margin. However, she did manage to increase the Conservative vote by 3.2%.

After being elected to the House of Commons on May 6th, 2010, Truss worked to preserve the RAF Tornado base at RAF Marham in her constituency.

In 2012, she was appointed parliamentary under-secretary of state at the Department for Education, with responsibilities including childcare, early learning, assessment, and qualifications.

In 2014, Truss was appointed secretary of state for environment, food and rural affairs, taking over from Owen Paterson during a cabinet reshuffle on July 15th.

Another cabinet reshuffle on September 15th, 2021, saw Truss promoted to secretary of state for foreign, Commonwealth, and development affairs from her previous role as International Trade Secretary.

In the event of Boris Johnson’s resignation as prime minister, Truss, as the leader of the Conservative party with the most seats in Parliament, would be expected to assume the role of prime minister.

Net Worth

Liz Truss’s net worth is estimated to be around £8.4million ($10 Million). Her wealth comes from various sources, including her parliamentary salary, investments, and property. As of April 2021, the basic annual salary for an MP is £81,932. In addition to her parliamentary salary, Truss also earns money from her investments. According to the MP’s register of interests, Truss owns shares worth over £200,000 in various companies, including Microsoft, Amazon, and Apple. She also owns two properties, one in South West Norfolk and another in London.

UK Prime Minister Liz Truss Salary

Elizabeth Mary Truss is a prominent British politician who is currently serving as the Foreign Secretary in the UK government. Being the Prime Minister, she earns a yearly salary of £164,080, which consists of two payments – £79,936 for her role as Prime Minister and £84,144 as an elected Member of Parliament. With this income, she is able to maintain a comfortable lifestyle for herself and her family.

Personal Life

Liz Truss is married to Hugh O’Leary, a management consultant, and they have two children together. She is known for her love of classical music and is a regular attendee of the annual Proms concerts in London. Truss’s other hobbies include skiing, yoga, and playing the piano. She is also a keen cook and has written a cookbook called “The Value of Food: Recipes and Stories”.

How Liz Truss Spends Her Money

London, United Kingdom- March 11, 2020: Liz Truss arrives for a cabinet meeting at 10 downing street in London, UK
London, United Kingdom- March 11, 2020: Liz Truss arrives for a cabinet meeting at 10 downing street in London, UK – Photo 201830226 © Wirestock | Dreamstime.com

Liz Truss is known for her frugal approach to spending. In a 2017 interview with The Telegraph, she revealed that she buys her clothes from high street retailers, including Zara and H&M, and only wears dresses once before donating them to charity. She also revealed that she drives a second-hand Nissan Micra and takes the bus and train to work. Despite her frugal lifestyle, Truss has been criticized for spending taxpayers’ money on various things, including hiring a photographer to take pictures of her wearing a leather jacket and riding a tractor.

Summary

Liz Truss, the current Foreign Secretary in the UK, is known for her free-market economics, rising to power in the Conservative Party. Her net worth is estimated to be around £8.4million ($10 million) from various sources, including her parliamentary salary, investments, and properties. Truss has a frugal approach to spending and is known for wearing clothes from high street retailers and driving a second-hand car.

Frequently Asked Questions about Liz Truss

What is Liz Truss’s current position in the government ?

Liz Truss is currently serving as Foreign Secretary in Prime Minister Boris Johnson’s cabinet.

What is Liz Truss’s net worth ?

As of 2023, Liz Truss’s net worth is estimated to be around £8.4million ($10 Million).

What party does Liz Truss belong to ?

Liz Truss is a member of the Conservative Party.

Is Liz Truss married ?

Yes, Liz Truss is married to Hugh O’Leary, a management consultant, and they have two children together.

What are Liz Truss’s hobbies ?

Liz Truss’s hobbies include skiing, yoga, playing the piano, and cooking.

How does Liz Truss spend her money ?

Liz Truss is known for her frugal approach to spending. She buys her clothes from high street retailers, drives a second-hand car, and takes the bus and train to work, among other things. However, she has been criticized for spending taxpayers’ money on various things, including hiring a photographer to take pictures of her in a leather jacket and riding a tractor.

What is Liz Truss’s educational background ?

Liz Truss studied at Merton College, Oxford, where she received a Bachelor of Philosophy degree in Politics, Philosophy, and Economics.

How tall is Liz Truss ?

Liz Truss is approximately 5 ft 3 in (1.60 m) tall.

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