Kwasi Kwarteng is a name many people know. In 2022, he became the Chancellor of the Exchequer — one of the top jobs in the UK government. But his time in that role was short and full of drama. Since then, many people have been asking a big question: how much is he really worth now?
In this article, we’ll walk through Kwasi Kwarteng’s net worth in 2026, where his money comes from, and what he’s doing now. We’ll also look at how he made his money over the years — from his job in politics to writing books and doing paid talks. If you’ve ever wondered how much money a former Chancellor can make, this story is for you.
Kwasi Kwarteng Quick Bio
| Full Name | Akwasi Addo Alfred Kwarteng |
| Date of Birth | 26 May 1975 |
| Age (2026) | 50 years old |
| Birthplace | London, England |
| Nationality | British |
| Ethnicity | Ghanaian-British |
| Education | Eton College, Cambridge (PhD in History) |
| Profession | Politician, Author, Consultant |
| Net Worth (2026) | £800,000 – £1.5 million |
| Wife | Harriet Edwards (married in 2019) |
| Children | One daughter, born in 2021 |
| Most Famous Role | Chancellor of the Exchequer (2022) |
| Left Parliament | Announced resignation in 2024 |
| Current Work | Consulting, Media, Public Speaking |
Who Is Kwasi Kwarteng?
Kwasi Kwarteng was born on May 26, 1975, in London. His parents came to the UK from Ghana and worked hard to give him a strong start. His mother was a barrister (a type of lawyer), and his father was an economist. From a young age, Kwasi was known for being smart and focused.
He went to Eton College, one of the most famous schools in the UK. After that, he studied classics and history at Cambridge University, then earned a PhD in economic history. That means he spent years learning about money, trade, and how economies worked in the past. Later, this knowledge would help shape his views in government.
Before entering politics, Kwasi worked in finance. He had jobs at big companies like JPMorgan and other investment firms. These early jobs gave him experience with money and markets, which became useful when he moved into public office.
Kwasi Kwarteng’s Political Career Timeline
Kwasi entered politics in 2010 when he became the Member of Parliament (MP) for Spelthorne. He worked hard, and over time, he moved up the ranks in the Conservative Party. He served on different committees and worked closely with senior leaders.
In 2021, he became Secretary of State for Business, Energy and Industrial Strategy. This was a big role where he helped shape UK policies around business and climate. But it was in 2022 that he reached his highest point — he was chosen by Prime Minister Liz Truss to become the Chancellor of the Exchequer.
As Chancellor, he was in charge of the UK’s money, tax policies, and economy. But after announcing a mini-budget with big tax cuts, the markets reacted badly. The pound dropped, borrowing costs rose, and public worry grew fast. Within 38 days, he was removed from his role, making his time as Chancellor one of the shortest in history.
Kwasi Kwarteng’s Net Worth in 2026
So how much is Kwasi Kwarteng’s net worth in 2026? Most sources estimate that he is worth between £800,000 and £1.5 million, with some reports saying it could be closer to £2 million. That’s a lot of money, but it’s far below other political figures like Rishi Sunak, who is worth over £700 million.
This net worth includes savings from over a decade as an MP, higher salaries from government jobs, money from writing books, paid speeches, and some private consulting. It’s not just from one job — it’s a mix of different things he’s done over time.
Even though he’s no longer in the Cabinet, Kwasi is still earning money today. He now does business advising, public speaking, and media work. These jobs may not come with a title, but they can pay very well, especially for someone with his background.
How He Made His Money Over the Years
Kwasi Kwarteng’s income didn’t come from just one source. Over the years, he earned from many different paths — and that’s part of why his net worth is strong today.
-
MP salary: As an MP since 2010, he earned a steady salary, starting at around £65,000 and rising to over £84,000 by the 2020s.
-
Cabinet roles: He made more when he became Business Secretary and then Chancellor. These roles added tens of thousands of pounds on top of his regular MP pay.
-
Finance career before politics: Before entering Parliament, he worked in finance. This helped him earn a solid income and understand the economy.
-
Book sales: He wrote several books, which continue to bring in money through royalties.
-
Side work: He also made money from speeches, interviews, and short-term consulting. In one year alone, he earned over £10,000 from these extra jobs.
So while he never made headlines for being a billionaire, he quietly built wealth from multiple income streams — and that helped him stay financially stable even after leaving high office.
Kwasi Kwarteng’s Salary as Chancellor
When Kwasi became Chancellor in 2022, his total pay jumped. He earned:
-
£84,144 as a regular MP
-
£71,673 extra for being Chancellor
-
That’s a total of £155,817 per year — not counting side income or bonuses.
But he only held the job for 38 days, so he didn’t get a full year’s salary. Even so, the role gave him a big career boost. It raised his public profile and opened doors for future work.
Even before becoming Chancellor, he had years of higher government pay. Serving as Business Secretary and in other senior roles added thousands more each year. Altogether, his government pay over time helped him build savings, invest, and plan for the future.
Book Royalties and Writing Income
Kwasi Kwarteng is not just a politician — he’s also an author. Over the years, he has written several books about politics, history, and economics. His writing shows his love for learning and deep thinking.
Some of his most well-known books include Ghosts of Empire, War and Gold, and Thatcher’s Trial. These books were not only read by people interested in politics, but also by students, journalists, and researchers. Even if the books didn’t become bestsellers, they still earned him steady money through royalties.
Book income is not always huge, but it adds up over time. Since his books are still being sold, they continue to bring in money. For someone like Kwasi, writing has not only helped his public image but also added to his net worth in 2026.
Consulting Work and Paid Speaking Jobs
After leaving government, Kwasi didn’t stop working — he simply changed what he did. He began offering his knowledge through consulting and public speaking. And these jobs pay well.
Reports say he earned up to £10,000 per month as a consultant, just for a few days of work. He also gets invited to speak at big events and conferences, where former ministers often earn £3,000 to £30,000 per talk.
Because of his experience in finance and politics, many companies want to hear his views on the economy, energy, and the future. These side jobs are now a big part of how he earns money in 2026. They keep him active, well-paid, and in the public eye — without being in office.
Kwasi Kwarteng’s Property and Assets
One of the clearest signs of wealth is property, and Kwasi Kwarteng owns a valuable home in Bayswater, London. This is a high-end area, where property prices are often above £1 million.
While full details of his property value aren’t public, real estate experts agree that owning a home in central London is a strong asset. It’s likely one of the biggest pieces of his personal wealth.
Aside from that, he may also have investments or savings from his years in finance and politics. While these aren’t confirmed, it’s common for former finance workers to keep some money in stocks or pensions. All of these things raise Kwasi Kwarteng’s net worth in 2026.
What Happened After He Left Government?
After the mini-budget crisis in 2022, Kwasi Kwarteng left his job as Chancellor. Many thought he would disappear from the spotlight — but he didn’t.
Instead, he slowly shifted into the private sector, doing media work, writing, and giving expert advice to companies. In 2024, he announced he would not run again in the next election, ending his time in Parliament.
Today, in 2026, Kwasi is no longer a politician, but he is still very active. He is often seen on TV, in newspapers, or at business events. His new career path may not come with a fancy title, but it still earns him a strong income.
Where Is Kwasi Kwarteng Now in 2026?
As of 2026, Kwasi Kwarteng is living a much more private life. He is focused on his family, business talks, and writing. He is no longer involved in government work, but he is still known and respected in the political world.
He is married to Harriet Edwards, a solicitor, and they have a young daughter. While he keeps his personal life out of the spotlight, it’s clear he values time with his family.
Even though his political career had ups and downs, Kwasi is still using his skills to earn well and stay relevant. His move to consulting and media shows that he’s found a new path — one that still pays well.
Kwasi Kwarteng’s Net Worth Compared to Other Politicians
Compared to regular people, Kwasi Kwarteng’s net worth in 2026 is high. But compared to other famous politicians, it’s more modest.
For example:
-
Rishi Sunak is worth over £700 million.
-
Jeremy Hunt is worth about £14 million.
-
Theresa May has made millions through speaking and book deals.
Kwasi’s estimated net worth of £800,000 to £1.5 million puts him in the middle. He’s not a billionaire or even a multi-millionaire, but he is still far ahead of most people financially. His careful mix of salaries, speaking work, book sales, and property ownership helped him reach this level.
Final Thoughts
Kwasi Kwarteng’s story shows how one person can build wealth slowly, using different skills over time. He didn’t get rich overnight. He worked hard in school, built a strong career in politics and finance, and kept earning after leaving government.
His journey has had both big wins and tough moments — like the mini-budget crisis. But even after leaving his top job, he stayed smart with money and found new ways to earn.
As of 2026, Kwasi Kwarteng’s net worth proves that you don’t need to be a billionaire to be successful. With hard work, knowledge, and smart choices, he has built a strong and steady fortune — and he’s still going.
(FAQs)
How much is Kwasi Kwarteng worth in 2026?
Between £800,000 and £1.5 million — much lower than many former ministers, but still impressive for someone no longer in government.
What does Kwasi Kwarteng do now?
He’s no longer an MP — but he makes big money from consulting, speeches, and media. Some talks earn him up to £30,000 each.
Where did Kwasi Kwarteng go to school?
He studied at Eton College and got a PhD from Cambridge — the same path as some UK prime ministers!
Is Kwasi Kwarteng married with kids?
Yes — he married Harriet Edwards in 2019, and they have a daughter. But he shares almost nothing about his family publicly.
Why did Kwasi Kwarteng resign as Chancellor?
He was fired just 38 days after starting the job, following a budget plan that crashed the UK markets.
Read next: Suge Knight Net Worth in 2026: Where Did All the Money Go?













