4 min readPublished On: June 6, 2023By

Penny Mordaunt’s net worth is estimated to be between $4 million and $6 million. The net worth of the British Politician and Leader of the House of Commons is mostly her income as a politician.

Full Name Penelope Mary Mordaunt
Net Worth $4 million – $6 million
Age 50
Date of Birth and Place 4 March 1973 Torquay, Devon
Occupation(s) Politician, Leader of the House of Commons, and Lord President of the Coucal
Nationality British
Marital Status Divorced since 2000

Who is Penny Mordaunt?

Rt. Honorable Penny Mordaunt is the first female Lord President to present the Jewelled Sword of Offering to a British Monarch at Coronation. Source: Gov.uk

Born on 4 March 1973, Penny Mordaunt is the current Leader of the House of Commons and Lord President of the Council. She has held this position since 2022. The British Politician and member of the Conservative Party has been in the British Parliament since May 2010 and represents Portsmouth North. Her career as a politician has been an illustrious and remarkable one.

Before venturing into National politics, Mordaunt worked in public relations. She was the Head of Youth for the Conservative Party when John Major was prime minister and worked as Head of Broadcasting for two years when William Hague was party leader. She worked briefly for the George W Bush presidential campaign as the Head of Foreign Press. Between all these political positions, she worked in the corporate world as a communications specialist for Freight Transport Associations and as Director of Media Intelligence Partners.

However, most of her career has been in politics. So, it was not surprising when she finally won the 2010 general elections to represent Portsmouth North. She has been reelected in every general election since then. Mordaunt has served in various positions in her more than a decade as a national politician, including multiple ministerial appointments. She was the first woman appointed the Minister of State for the Armed Forces. She has also served as Minister of State for Disabled People, Work, and Health, Minister for Women and Equality, and Minister of State for Trade Policy.

Education University of Reading, Philosophy
Hobbies Astronomy, Music, Dance, and Painting
Height 5 ft 9 in (175 m)
Weight 136 lbs (62 kg)
Zodiac Sign Pisces

She became the first female Secretary of State for Defence in 2019 and served as Paymaster General in 2020. She became the Leader of the House of Commons and Lord President of the Privy Council in September 2022. She was the first woman to present the Jewelled Sword of Offering to the King during the Coronation of King Charles III. Mordaunt has contested twice for the Conservative Party leadership against Liz Truss and Rishi Sunak. She is a recipient of the King Charles III Coronation Medal.

What is Penny Mordaunt’s Net Worth in 2023

Penny Mordaunt’s net worth is between $4 million and  $6 million. This is generally an estimate, given there is no publicly available information on how she makes her money besides her income as a politician.

Her political career has spanned over a decade; during that period, she has held several influential roles in government. Her salary from these roles has enabled her to accumulate substantial wealth as a politician. In her role, she is entitled to an annual salary of about £156,598 ($197,710). This consists of the £84,144 earned as a Member of the Parliament and the £72,454 that she is entitled to in her role as the Leader of the House of Commons.

She is also the co-author of Greater: Britain After the Storm, a book published in 2020 and written alongside Chris Lewis. The book also included contributions from Bill Gates. Although there is no public information on the book’s sales, the royalties from the book will likely contribute to her net worth unless she donates it to charity, as she promised during the promotion of the book. Mordaunt was also in the Royal Naval Reserve between 2010 and 2019. But she did not receive any income from this role.

The Bottom Line: Mordaunt’s Career Has Been About Breaking Glass Ceilings

Penny Mordaunt Career as a national politician has been about breaking glass ceilings and being the first woman to do many things. In just 13 years, she has reached one of the highest positions in the British government. Given that she has tried for Party Leader twice, there is no doubt that she aims to become the Prime Minister of Great Britain in the future. For now, her net worth is in the range of $4 million to $6 million, making her one of the richest politicians in Great Britain.

You will be surprised to learn that there are prominent individuals who are far richer than Penny Mordaunt. Read our articles on Stephen A. Smith and John Williams.

About the Author: Nathan Rivers

Nathan Rivers
With a keen interest in cryptocurrencies, stocks, forex, and personal finance, Nathan dedicates his expertise to educate and empower readers seeking reliable information in the ever-evolving world of investments.

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