Sajid Javid is currently in the midst of his third attempt to become leader of the Conservative Party.
Since entering parliament in 2010 Javid has held a number of major cabinet positions. He served as Home Secretary under Theresa May between April 2018, and July 2019.
He was then Boris Johnson’s first Chancellor, but resigned in February 2020 after being told that he’d have to fire all of his advisers in order to retain his position at the treasury.
In June 2021, after the scandalous resignation of Matt Hancock, Javid came back into Cabinet and was appointed Secretary of State for Health and Social Care.
Sajid Javid and Rishi Sunak’s resignations on 5th July sparked a wave of departures which brought down Boris Johnson’s premiership.
The successful career in finance which he experienced before entering politics has left many wondering, what is the net worth of the former Chancellor of the Exchequer?
What Is Sajid Javid’s Net Worth?
Javid a net worth of approximately £8 million, according to TheFocus.com.
The majority of this wealth was accumulated during the banking career which he began immediately after graduating from the University of Exeter.
In 1992, Javid moved to New York City to work for Chase Manhattan Bank and enjoyed a meteoric rise, becoming the bank’s youngest Vice-President at the age of just 25.
In 2000 Javid joined Deutsche Bank as a director and four years later he became a managing director.
In 2007, just three years before entering parliament, he relocated to Singapore to become head of Deutsche’s credit trading, equity convertibles, commodities and private equity businesses in Asia.
He also became a board member at the bank in the same year.
Javid’s departure from Deutsche and election as the member of parliament for Bromsgrove resulted in a 98% pay cut, according to the Evening Standard.
Sajid Javid came from humble beginnings and, after reaching the top of the banking industry, has been navigating his way through the turbulent world of politics for the last twelve years.
He now seeks to cement his place in history and become the 56th Prime Minister of the United Kingdom.
Featured Image Credit: Alamy
Topics: Politics, Celebrity Net Worth