Boris Johnson net worth: How Boris earns five times less since becoming PM

Boris Johnson says there’s ‘no need’ to cancel Christmas plans

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Mr Johnson cemented his leadership in 2019 with a stomping General Election victory that gifted him an 80 seat lead in Parliament. But the significant leg up for the Conservatives came with a few sacrifices for the newly minted PM. His total net worth has more than halved since taking office, and he has allegedly privately complained about this in the past.

How much did Boris Johnson earn before becoming Prime Minister?

When Mr Johnson took office, he took a significant pay cut, forfeiting private engagements and losing £670,000.

Before becoming Prime Minister, he served as a journalist, Mayor of London and Brexit-backing MP.

These roles gave him earnings of £829,255 altogether, according to investment platform AJ Bell.

His most lucrative role – a regular slot as a columnist for the Daily Telegraph – left him flush with £275,000 per year.

Other lucrative assignments included high-profile engagements speaking for more than £100,000 a pop.

Being Prime Minister discounts him from these profitable additional jobs, and he primarily relies on Government wages.

In total, he takes in a year what he might have received from one speaking appearance.

Mr Johnson receives a combined salary from serving as an MP and Prime Minister.

As MP for Uxbridge and South Ruislip, he takes £81,932.

With his Prime Minister’s salary of £75,440 thrown in, he has annual earnings of £157,372.

That places him in the bracket of the UK’s highest earners.

But this is allegedly not enough to keep him happy at Number 10.

In mid-2020, friends of the Prime Minister expressed concerns he was struggling to cope.

At the time, a source close to Mr Johnson revealed he is surviving without a housekeeper, a single cleaner and feared not “being able to afford a nanny”.

They added he was “stuck” in Downing Street, without the sprawling apartments provided for his counterparts in the US or France.

A senior Conservative chimed in, telling The Times the role was “weighing heavily on him”.

That weight has likely increased over the last few days and weeks as he battles numerous political crises.

The latest controversy has come from an alleged Christmas party at Number 10 last year when Covid rules prohibited them.

The Prime Minister’s spokesperson insists one did not take place, but the story appears unlikely to subside any time soon.

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