Liz Truss net worth: $5 million (approx.)
|$5 Million (approx.)
Liz Truss net worth is around $5 Million. Liz Truss is popular British politician who is now British Prime Minister.
Liz Truss has served as Secretary of State for Foreign, Commonwealth and Development Affairs since 2021 and as Minister for Women and Equalities since 2019. Truss has been Member of Parliament (MP) for South West Norfolk since 2010. Liz Truss has served in various cabinet positions under David Cameron, Theresa May, and Boris Johnson.
With Boris Johnson announcing his resignation, senior politicians were quick to announce their bid to succeed the Prime Minister. Amongst those who have came forward to replace Borris after his resignation is Elizabeth Truss.
Many have guessed her ambitions for the top job. Upon announcing her candidacy she stated her aims to cut corporation tax and reverse the National Insurance rise. Truss’ history in politics is conventional and akin to most senior conservative politicians.
It is difficult to know the actual wealth of an individual till they themselves come out in public about their wealth. This is very rare for celebrities to announce their wealth publicly.
Liz Truss net worth 2023:
Liz Truss net worth is around $5 million. Liz Truss salary is around $450,000 and her major source of income is from her political career.
It is difficult to provide a factual net worth figure, but here’s what we do know. The average salary for an MP is £84,144 with senior politicians expected to enjoy an additional salary above the base rate, along with certain other perks of the job.
It is to be noted that Truss began her ministerial duties in 2012, had a lucrative commercial career at Shell and has authored several books, it’s likely that Truss has amassed a decent sum and a comfortable net worth. This section should have covered queries like How much is Liz Truss worth?, how much money liz truss has ?
Truss has been graduallly rising in politics since 2010 and is the current Foreign Secretary.
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Liz Truss Biography:
|Mary Elizabeth Truss
26 July 1975 (age 47)
|Conservative (1996–present)Liberal Democrats (before 1996)
|Hugh O’Leary (m. 2000)
|Merton College, Oxford (BA)
Liz Truss was born on 26 July 1975 in Oxford, England, to John Kenneth and Priscilla Mary Truss. From an early age, Liz has been known by her middle name “Elizabeth”
Liz’s father is an emeritus professor of pure mathematics at the University of Leeds, while her mother was a nurse, teacher and member of the Campaign for Nuclear Disarmament
When Liz Truss later stood for election to Parliament as a Conservative, her mother agreed to campaign for her, while her father declined to do so. The family moved to Scotland when she was four years old.
Liz Truss Education:
Liz Truss attended West Primary School in Paisley, Renfrewshire,followed by Roundhay School, in the Roundhay area of Leeds. Liz then lived in Canada for a year, and praises the competitive attitude in schooling in Canda.
Liz Truss studied Philosophy, Politics and Economics at Merton College, Oxford, graduating in 1996,she developed a love of politics during her college and soon became heavily involved in student politics as the President of the Oxford University Liberal Democrats society.
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Liz Truss Professional Career:
From 1996 to 2000, Liz Truss worked for Shell, during which time she qualified as a Chartered Management Accountant (ACMA) in 1999. In 2000, Liz Truss was employed by Cable & Wireless and rose to economic director before leaving in 2005.
After losing her first two elections, Truss became the full-time deputy director of think tank group, Reform in January 2008, where she advocated more rigorous academic standards in schools, a greater focus on tackling serious and organised crime, and urgent action to deal with Britain’s falling competitiveness. Liz Truss co-authored The Value of Mathematics and A New Level, amongst other reports.
Liz Truss Political Career:
Liz served as the chair of the Lewisham Deptford Conservative Association from 1998 to 2000. Liz Truss unsuccessfully contested the Greenwich London Borough Council elections in 1998 (for Vanbrugh ward) and 2002.
Liz Truss was elected as a councillor for Eltham South in Greenwich in 2006 and resigned shortly before the end of her term of office in 2010. Liz Truss has served as Member of Parliament (MP) for South West Norfolk since 2010. Truss was Environment Secretary from 2014 to 2016, Justice Secretary and Lord Chancellor from 2016 to 2017 and Chief Secretary to the Treasury from 2017 to 2019.
Liz founded the Free Enterprise Group of Conservative MPs, and authored or co-authored a number of papers and books, including After the Coalition (2011) and Britannia Unchained (2012).
Truss was a Parliamentary Under-Secretary of State at the Department for Education from 2012 to 2014, with responsibility for education and childcare. Liz was the Secretary of State for the Environment, Food and Rural Affairs from 2014 to 2016.
In July 2016, Liz Truss was appointed Secretary of State for Justice and Lord Chancellor by Theresa May, becoming the first female Lord Chancellor. Following the 2017 general election, Truss was appointed Chief Secretary to the Treasury.
After May resigned in 2019, Truss supported Boris Johnson’s successful bid to become Conservative leader; after Johnson was appointed Prime Minister, he appointed Truss as Secretary of State for International Trade and President of the Board of Trade, before appointing her as Foreign Secretary in 2021, replacing Dominic Raab.
As a backbencher, she called for reform in a number of policy areas, including childcare, maths education, and the economy.
Liz Truss as Foreign Secretary:
On 15 September 2021 during a cabinet reshuffle, Boris Johnson promoted Liz Truss from International Trade Secretary to Foreign Secretary, replacing Dominic Raab.
Liz Truss is the second female MP to have held the position of Foreign Secretary, after Margaret Beckett, and the first Conservative female Foreign Secretary.
But, on 13 October 2021, Liz Truss was ordered to stay in a 115-room mansion by Boris Johnson with the deputy PM Dominic Raab after they failed to agree who should live in it.
Liz Truss Husband:
Liz Truss is married to his longtime boyfriend Hugh O’Leary. They had their wedding in 2000. Her husband Hugh O’Leary is an accountant. Trus and her husband have two children: daughters. The couple lives in a private house in Oxford.