• iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK News
    • US News
    • Australia
    • Ireland
    • World News
    • Weird News
    • Viral News
    • Sport
    • Technology
    • Science
    • True Crime
    • Travel
  • Entertainment
    • Celebrity
    • TV & Film
    • Netflix
    • Music
    • Gaming
    • TikTok
  • LAD Originals
    • Say Maaate to a Mate
    • Daily Ladness
    • Lad Files
    • UOKM8?
    • FreeToBe
    • Extinct
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube

LAD Entertainment

YouTube

LAD Stories

Submit Your Content
What Is Nadhim Zahawi's Net Worth In 2022?

Home> Entertainment

Published 12:22 6 Jul 2022 GMT+1

What Is Nadhim Zahawi's Net Worth In 2022?

British politician Nadhim Zahawi has just been announced as the new Chancellor, but what is his net worth?

Alice Lang

Alice Lang

British Politician Nadhim Zahawi has just been announced as the new Chancellor of the Exchequer.

The 55-year-old has been a Conservative MP for 12 years, and has been in government since 2018.

As he already promises to ‘get growth going again’ and cut taxes, what is Nadhim Zahawi’s net worth in 2022? 

Nadhim Zahawi Net Worth:

Despite varying reports of Nadhim Zahawi’s wealth, it is estimated he has a net worth of up to £100 in 2022, according to the Mirror. 

Before joining the Westminster benches, Zahawi held an expansive career as a businessman.

Advert

Following his departure from Smiths & Brooks Ltd in 2000, he founded the data analytics and market research firm YouGov with Stephan Shakespeare.

He continued with the firm as CEO while beginning his career in politics, first as an aid to Jeffery Archer, before being elected as a Conservative councillor for Putney in 1994.

After serving three terms in the London Borough, Zahawi set his sights on Stratford-Upon-Avon, where he would be elected as its Conservative MP in 2010.

He spent much of his time in government advising on foreign relations, before being named as  Parliamentary Under-Secretary of State at the Department for Education in 2018. 

Fast forward to the COVID-19 Pandemic in 2020, Zahawi became the first Parliamentary Under-Secretary of State for COVID-19 Vaccine Deployment in November of that year.

Advert

He would oversee the roll-out of COVID vaccines in the UK until his reassignment to  Secretary of State for Education following the departure of his predecessor, Gavin Williamson, in 2021.

This took him to July 2022, when he was renamed Chancellor of the Exchequer following Rishi Sunak’s resignation. 

Outside of his parliamentary duties, Zahawi and his wife Lana boast a property portfolio worth over £100 Million.

Controlled by their joint company Zahawi and Zahawi Ltd, the couple’s holdings include an £18 Million Asda Megastore, a riding school, a NatWest bank in Wimbledon (£5.25m), a WH Smith in Walton-on-Thames (£1.32m) five residential properties worth £17 Million and a Co-op superstore bought just last month for £6.3 Million.

Questions were raised over Zahawi’s financial integrity when he alarmingly claimed over £170,000 in expenses in 2012/13.

Advert

It was brought to light that ‘mistake’ led to electricity bills for his riding school slipping into the claim. 

In 2017, the family purchased a six-story property located on one of the most exclusive streets in Belgravia, worth a modest £25 Million.

Featured Image Credit: Alamy

Topics: Politics, Celebrity Net Worth

Alice Lang
Alice Lang

Alice is studying Philosophy at the University of Bristol and is Social Media Manager for its student newspaper Epigram.

X

@_alicelang

Advert

Advert

Advert

  • Georgia Toffolo's true net worth revealed after she shared the amount in joint bank account with James Watt
  • What Is Michael Heseltine’s Net Worth In 2022?
  • What Is Tony Blair's Net Worth In 2022?
  • What Is Sajid Javid's Net Worth In 2022?

Choose your content:

4 hours ago
9 hours ago
21 hours ago
  • Swan Gallet/WWD via Getty Images
    4 hours ago

    Singer d4vd has 'song leaked' with same name as girl found in his car with chilling lyrics

    The remains of teenager Celeste Rivas were tragically found in a Tesla last week

    Entertainment
  • Bryan Steffy/WireImage
    4 hours ago

    Priscilla Presley had heartbreaking thought moments before turning off daughter’s life-support

    Lisa-Marie passed away in January 2023 after suffering a cardiac arrest

    Entertainment
  • Randy Holmes/Disney via Getty Images
    9 hours ago

    What Jimmy Kimmel said about Charlie Kirk that led to being pulled off air 'indefinitely'

    The late-night talk show host has called the broadcaster ABC home since 2003, but Jimmy Kimmel Live! has now been suspended

    Entertainment
  • Paramount+
    21 hours ago

    Ozzy Osbourne's heartbreaking last words on video revealed in documentary filmed just before his death

    Ozzy: No Escape From Now will hit screens next month

    Entertainment