Published On: Tue, Sep 10th, 2019

Jeremy Corbyn net worth: The staggering earnings of Labour leader ‘fighting for workers’ | Politics | News

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At today’s TUC conference, Jeremy Corbyn said he aimed to deliver better wages and greater job security. Mr Corbyn told delegates Labour “will put the power in the hands of workers”. He added: “For 40 years, the share of the cake going to workers has been getting smaller and smaller. It’s no coincidence that the same period has seen a sustained attack on the organisations that represent workers – trade unions. We have witnessed a deliberate, decades-long transfer of power away from working people.”

How much is Jeremy Corbyn worth?

Before pursuing his career in politics, Jeremy Corbyn attended a private preparatory school and then a state grammar school.

After a brief stint working as a reporter at a local newspaper, Mr Corbyn then had a successful career as a trade union organiser.

He went on to be elected as a councillor in Haringey, North London, and has been involved in left-wing politics ever since.

The Labour leader has spoken in the past of having a frugal lifestyle, stating: “I don’t spend a lot of money.

“I lead a very normal life, I ride a bicycle and I don’t have a car.”

According to Spears magazine, Jeremy Corbyn’s net worth stands at £3 million.

As of 2019, Corbyn earns £74,962 as an MP, and reportedly £62,440 goes into his account annually.

Combined, Corbyn makes over £137,000 a year.

The magazine also reports he has claimed over £3 million from the state over the last thirty years – which is £1.5 million more than a normal MP.

Once he retires, Mr Corbyn is predicted to receive a £1.6 million pension.

READ MORE: Jeremy Corbyn torn apart as former Labour MP launches scathing attack

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