How rich is Kemi Badenoch? – London Business News | Londonlovesbusiness.com

Kemi Badenoch is Britain’s first Black woman leader of a major political party.

The MP for North West Essex won with 53,806 votes to 41,000, arguing for a low-tax, free-market economy and pledging to “rewire, reboot and reprogramme” the British state.

The 44-year-old new leader of the Conservative Party is a straight-talking politician known to be controversial at times.

“So here is what we are going to do. We are going to rewrite the rules of the game,” she told the Conservative Party’s annual conference in Birmingham earlier this year.

“Some people say I like a fight. I can’t imagine where they got that idea. But it’s not true, I do not like to fight but I’m not afraid to fight,” she said, pledging to go into combat against “left-wing nonsense” and for Conservative ideals.

But how rich is Badenoch? Let’s find out:

Wealth

Kemi Badenoch is believed to have an estimated net worth of $3 million based on her long political career, banker husband and various stints at tech and finance firms.

Came to UK with £100 at age 16

Badenoch was born in London, but then lived in Lagos until she was 16. She returned to Wimbledon with just £100. She took her A levels, in maths, biology and chemistry, and lived with her mother’s best friend “for a better future”.

Salary

The new Conservative leader’s salary as MP for North West Essex is £91,346.

MPs also receive expenses to cover the costs of running an office, employing staff, having somewhere to live in London or their constituency, and travelling between Parliament and their constituency.

Banker husband with six-figure salary

Hamish Badenoch is a high-flying investment banker who works at Deutsche Bank as a global head of real estate transformation. The average salary of a senior Deutsche Bank senior executive in London is approximately £218,653 per year, which is 137% above the national average.

Badenoch and Hamish married in 2012 and they have three children.