Jeremy Corbyn Net Worth

Jeremy Corbyn Net Worth

Jeremy Corbyn has an estimated net worth of just over £3 million.

Jeremy Bernard Corbyn is a British politician who has been the Member of Parliament (MP) for Islington North since 1983.

In September 2015 he became Leader of the Labour Party and subsequently Leader of the Opposition. He announced that he would step down from this role in 2019 after a humiliating election defeat to Boris Johnson, leader of the conservative party (Tories) and he was replaced by Sir Keir Starmer in April 2020.

Born on 26 May 1949 to Naomi Loveday and David Benjamin (both members of the Labour Party) in the market town of Chippenham in northwest Wiltshire, England, Corbyn is the youngest of four sons.

Corbyn attended Adams’ Grammar School in Shropshire, achieving two E-grade A-levels. He joined the Labour party at the age of 17, the same year that he joined the Campaign for Nuclear Disarmament (CND) and actively campaigned against the Vietnam War.

In 2013, Corbyn was awarded the Gandhi International Peace Award for his consistent efforts over a 30-year parliamentary career to upholding the Gandhian values of social justice and non‐violence.

Corbyn began his working career as a reporter for his local newspaper, the Newport and Market Drayton Advertiser and then in 1974 at the age of 24, he was elected to Haringey Borough Council and soon began working for the National Union of Public Employees.

His current salary as an elected Member of Parliament of £137,000 is a far cry from his initial starting salary as an MP of only £4,500. Corbyn is noted for living a simple life, however, it should be noted that over the course of his career, he has claimed over £3 million pounds in expenses from the UK taxpayer.

When Corbyn retires as an MP, he will receive a pension worth an estimated £1.6 million.

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