Sir Keir Starmer, the leader of the UK Labour Party, has an estimated net worth of £7.7 million, according to Prolific London. When factoring in his additional revenue streams and property holdings, some estimates suggest his wealth could reach £10 million to £15 million. Starmer’s fortune is the result of a long and successful career in law, politics, and property ownership. Here is a look of Sir Keir Starmer net worth.
Early Career and Legal Work
Before entering politics, Starmer built a distinguished legal career. He worked as a barrister, earning substantial fees for his services. From 2008 to 2013, he served as Director of Public Prosecutions (DPP) and head of the Crown Prosecution Service, a role widely regarded for its prestige and competitive salary. Even before his DPP appointment, Starmer’s work as a barrister brought in significant income, with reports indicating he earned over £21,000 in 2020/2021 for legal services alongside his political career.
Political Career
Starmer became a Member of Parliament (MP) in 2020, with a salary of £76,961, and earns an additional £49,193 as the Leader of the Opposition. His rise in politics has been steady, and his leadership of the Labour Party has increased both his public profile and his opportunities for additional revenue through speaking engagements and media appearances.
Property and Investments
A significant portion of Sir Keir’s wealth comes from property and land ownership. In 1996, he purchased seven acres of land in Surrey, now valued at up to £10 million. Starmer and his wife, Victoria, also own a home in North London, which they bought for £600,000 and is now worth over £1 million. These investments have played a major role in boosting his overall net worth.
Lifestyle and Personal Life
Starmer is married to Victoria Starmer, and together they have two children. The family leads a private lifestyle, with their property holdings reflecting both personal comfort and sound investment strategy. Beyond his political duties, Sir Keir’s financial planning and legal background have helped him maintain and grow his wealth steadily over the years.
Summary
Sir Keir Starmer’s net worth of £7.7 million is the product of decades of hard work in law, politics, and property investment. With multiple income streams, including his legal work, MP salary, leadership allowance, and real estate holdings, Starmer’s financial future appears secure. As he continues his political career and potentially expands his investments, his wealth is expected to grow even further.
Also read: Adrian Portelli Net Worth 2023