With just one day to go until Andy Burnham is officially sworn in as Prime Minister on the 20th July, all eyes are on the 'King of the North'. For most, it feels as though Andy has come out of nowhere, so you'd be forgiven if you didn't know much about the next leader of our country.
From his wife and kids to his policies and voting record, we've taken it upon ourselves to bridge the knowledge gap and better understand the kind of person Burnham is and the kind of country he wants the UK to be. But one question on everyone's lips: what's Andy Burnham's net worth?
Andy Burnham's net worth
Andy's exact net worth remains private, but through public records and a little guesswork, we can assume it's likely to have surpassed £1 million, with some estimations reaching as high as £2.5 million.
His previous role as Mayor of Greater Manchester currently pays over £118,000 a year, and it's a role he's held since 2017, meaning he's had just shy of 10 years earning six figures.
Burnham's fortune has been accumulated solely through his work in the public service, rather than private investments or businesses. He even annually donated 15% of his Mayoral salary to homelessness charities, which is something he wants to continue.
In a clip posted online, Burnham said: “One thing that I want to continue from my time as mayor of Greater Manchester is donating 15% of my salary. I did that for nine years as mayor to tackle homelessness in Greater Manchester, and I am going to carry it forward as MP for Makerfield but this time donating to worthy local causes at the heart of our communities.”
Everyone's clicking on...
How much is Andy Burnham's property worth?
Another portion of Andy's net worth will likely be coming through his property. He's resided in Greater Manchester for many years with his family, and whilst the exact values are not publicly known, this will likely be significantly contributing to his net worth.
Aside from his Manchester home, it's been declared in the Register of Members' Financial Interests that Andy has another property in London that has a value of over £100,000 a year. This property provides rental income as an additional revenue stream of over £10,000 a year for him and his family.
How much will Andy Burnham earn as Prime Minister?
It's expected that Burnham could claim a salary of over £170,000, which is a figure that combines the basic MP salary of around £98,000 with an additional entitlement of over £73,000, according to the BBC.
Amy May Ellis (she/her) is the SEO Manager for Cosmopolitan UK, Women's Health UK, Men's Health UK, and Runner's World UK. Her love for all things beauty, fashion, and wellness is evident in her work with these lifestyle and fitness brands. Providing content recommendations for everything from new gut health supplements to the latest fashion trend, Amy has a keen eye for detail and loves to spot trends before they fully flourish.
