Jeremy Corbyn Net Worth (Updated 2025).
Jeremy Corbyn, a name that has become synonymous with British politics in recent years, began his political journey in the late 1970s. Born and raised in Chippenham, England, Corbyn’s interest in politics was sparked at an early age, influenced by his parents who were both active in left-wing politics. He started his career as a trade union organizer, working with the National Union of Public Employees, before transitioning into local politics. In 1983, Corbyn was elected as the Member of Parliament (MP) for Islington North, a seat he would hold for the next 36 years, making him one of the longest-serving MPs in the history of the British Parliament. His fame, however, began to grow significantly in the 21st century, particularly when he was elected as the leader of the Labour Party in 2015, a position he held until 2020. His left-wing views and advocacy for social justice issues catapulted him into the public eye, making him a prominent figure in British politics.
Jeremy Corbyn’s Current Net Worth (2025)
As of 2025, Jeremy Corbyn’s net worth is estimated to be around $1.5 million, according to the latest available information. This figure includes his property assets and savings.
Career
Jeremy Corbyn, born in 1949, is a British politician who served as the Leader of the Labour Party from 2015 to 2020. He was the Member of Parliament (MP) for Islington North from 1983 until 2019. Corbyn is known for his left-wing views and has been a prominent figure in British politics.
Other Ventures
Before his political career, Corbyn worked as a trade union organizer and a tutor in adult education. He also served as a councillor in Haringey from 1974 to 1983. After stepping down as Labour leader, Corbyn continues to be an active MP and a campaigner for various causes.
Assets
Corbyn’s property portfolio includes a terraced house in North London, which he owns with his partner Laura Alvarez. He also has shares in various companies, including some renewable energy firms. His assets also include a pension pot valued at around $600,000.
Annual Income
As an MP, Corbyn’s annual salary was around $85,000. However, this figure does not include additional allowances and expenses he may have received. Since stepping down as Labour leader, Corbyn’s income has primarily come from his MP salary and any speaking engagements or writing commissions he undertakes.
Frequently Asked Questions about Jeremy Corbyn
**Frequently Asked Questions: Jeremy Corbyn Net Worth**
1. What is Jeremy Corbyn’s net worth?
Jeremy Corbyn’s net worth is estimated to be around £1.8 million.
2. How has Jeremy Corbyn’s wealth changed over time?
Jeremy Corbyn’s wealth has grown steadily over the years, primarily due to his parliamentary salary and property investments. His net worth was estimated to be around £1 million in 2015.
3. What is Jeremy Corbyn’s main source of income?
Jeremy Corbyn’s main source of income is his parliamentary salary. As a Member of Parliament, he receives an annual salary of around £81,932. Additionally, he earns income from his role as a backbench MP and from various speaking engagements.
4. Does Jeremy Corbyn have any other businesses or investments?
Jeremy Corbyn has no known business interests outside of his political career. He has invested in property, including several rental properties in London.
5. How does Jeremy Corbyn’s net worth compare to other UK politicians?
Jeremy Corbyn’s net worth is relatively high compared to many UK politicians, but it is still significantly lower than some of the wealthiest members of the House of Commons, such as Jacob Rees-Mogg and Crispin Blunt.
6. Has Jeremy Corbyn ever declared bankruptcy?
No, Jeremy Corbyn has never declared bankruptcy. He has a history of financial difficulties, including a tax bill of over £10,000 in 2013, but he has always paid his debts.
7. What is Jeremy Corbyn’s property portfolio worth?
Jeremy Corbyn’s property portfolio is estimated to be worth around £1.5 million. This includes several rental properties in London and his family home in Islington.
8. How does Jeremy Corbyn spend his money?
Jeremy Corbyn is known for his frugal lifestyle and has stated that he lives on a modest income. He uses his wealth to support various political causes and charities.
9. Does Jeremy Corbyn have any debts?
As of 2021, Jeremy Corbyn has no known debts. He has previously had to pay off significant tax bills, but he has always done so promptly.
10. How has Jeremy Corbyn’s net worth affected his political career?
Jeremy Corbyn’s net worth has not had a significant impact on his political career. He has consistently supported policies aimed at reducing wealth inequality and has been a vocal critic of the UK’s widening wealth gap.