Liz Truss Net Worth [2024]

Liz Truss is one of the most controversial and fascinating figures in British politics today.

She is a self-described “fiscal conservative and social liberal” who is seen as a potential future leader of the Conservative Party.

Are you willing to know Liz Truss net worth and how Liz Truss net worth is increasing suddenly?

What is Liz Truss net worth?

Liz Truss net worth is estimated to be £9 million (approximately $9.6 million) as of 2024.

She made her money through her career in politics as well as a previous career in the oil and telecom industries.

Liz Truss is a British politician who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from September to October 2022. She is currently the Member of Parliament (MP) for South West Norfolk.

Truss has held various Cabinet positions under Prime Ministers David Cameron, Theresa May, and Boris Johnson, and lastly as Foreign Secretary from 2021 to 2022.

She is a self-described “fiscal conservative and social liberal”.

How did Liz Truss make her money?

Liz Truss made her money through her career in politics and business.

After graduating from Oxford University, Truss worked as an accountant for Shell and Cable & Wireless.

She then moved into politics, serving as a councilor and as Deputy Director of Reform, a think tank.

In 2010, Truss was elected to Parliament as the MP for South West Norfolk.

She has since held several ministerial positions, including Secretary of State for Environment, Food and Rural Affairs, Secretary of State for Justice and Lord Chancellor, Chief Secretary to the Treasury, Secretary of State for International Trade, and Foreign Secretary.

Liz Truss’s Monthly and Annual Income, Including Income Sources

Truss’s monthly income

Truss’s monthly income is estimated to be around £50K.

This includes her salary as an MP, her pension as a former Foreign Secretary, and speaking fees.

• Salary as an MP: Truss earns £84,144 per year as an MP. This means that she earns around £7,000 per month.
• Pension as a former Foreign Secretary: Truss is entitled to a pension of £61,000 per year as a former Foreign Secretary. This means that she earns around £5,000 per month.
• Speaking fees: Truss charges up to £10,000 per speaking engagement. It is difficult to say exactly how much she earns from speaking fees each month, but it is estimated to be around £5,000.

Truss’s annual income

Truss’s annual income is estimated to be around £840,000.

This includes her salary as an MP, her pension as a former Foreign Secretary, speaking fees, and income from investments.

• Salary as an MP: Truss earns £84,144 per year as an MP.
• Pension as a former Foreign Secretary: Truss is entitled to a pension of £61,000 per year as a former Foreign Secretary.
• Speaking fees: Truss charges up to £10,000 per speaking engagement. It is difficult to say exactly how much she earns from speaking fees each year, but it is estimated to be around £60,000.
• Income from investments: Truss is believed to have a portfolio of investments worth several million pounds. It is difficult to say exactly how much income she earns from her investments, but it is estimated to be around £20,000 per year.

What are Liz Truss’s assets and liabilities?

Here are some of Liz Truss’s assets and liabilities:

Assets

• Home in South West Norfolk: Truss’s home is estimated to be worth £1 million.
• Investments: Truss is believed to have a portfolio of investments worth several million pounds, including shares, bonds, and property.
• Pension: Truss is entitled to a pension of £61,000 per year as a former Foreign Secretary.

Liabilities

• Mortgage: Truss is believed to have a mortgage on her home.
• Other loans: Truss may have other loans, such as student loans or car loans.

Early life

Liz Truss was born on July 26, 1975, in Oxford, England.

She is the daughter of John Kenneth Truss and Priscilla Mary Truss (née Grasby).

Her father was a professor of pure mathematics at the University of Leeds and her mother was a nurse, teacher, and anti-nuclear campaigner.

Truss has one older brother, Matthew, who died in infancy in 1966.

Education

Truss’s family moved to Paisley, Scotland when she was four years old.

She attended West Primary School and Roundhay School in Leeds.

At Roundhay, she was a member of the school’s debating team and the Conservative Party youth wing.

After graduating from Roundhay, Truss studied philosophy, politics, and economics at Merton College, Oxford.

She was a member of the Oxford University Liberal Democrats but switched to the Conservative Party after graduating in 1996.

Early career

After graduating from Oxford, Truss worked as an accountant for Shell and Cable & Wireless.

She also worked as an economist at the think tank Reform.

In 2001, Truss was elected as a Conservative councilor in Greenwich, London.

Political Career

Liz Truss is a British politician who has served as the Foreign Secretary since 2021.

She is a member of the Conservative Party and is considered to be a rising star in British politics.

Truss is a self-described “fiscal conservative and social liberal” and is a strong supporter of free markets and free trade.

Truss began her political career as a councilor in Greenwich, London, in 2001.

She served as a councilor for four years, before being elected to Parliament as the MP for South West Norfolk in 2010.

Truss quickly rose through the ranks of the Conservative Party. She was appointed Parliamentary Under-Secretary of State for Education in 2012, and then Secretary of State for Environment, Food and Rural Affairs in 2014.

In 2016, she was appointed Secretary of State for Justice and Lord Chancellor.

In 2017, Truss was appointed Chief Secretary to the Treasury.

In this role, she was responsible for overseeing the government’s spending plans.

She was also a member of the Cabinet.

In 2019, Truss was appointed Secretary of State for International Trade.

In this role, she was responsible for negotiating trade deals with other countries.

In 2021, Truss was appointed Foreign Secretary. In this role, she is responsible for the UK’s foreign policy.

She is also a member of the Cabinet.

Conclusion

Liz Truss is a wealthy woman with a net worth of £9 million (approximately $9.6 million) as of 2024.

She made her money through various sources and her main income stream is politics.

Her sources of income include her salary as an MP, her pension as a former Foreign Secretary, speaking fees, and income from investments.

Liz Truss net worth is comparable to other British politicians such as Boris Johnson and Rishi Sunak.

Note: Liz Truss’s net worth is based on online available information. If you have any doubts related to Liz Truss net worth feel free to cross-check.