Jeremy Corbyn Net Worth

Jeremy Corbyn Net Worth: Jeremy Corbyn is a British politician who has served as Leader of Labour Party since September 2015. He is also the Member of Parliament for Islington North since 1983. As of 2017, Jeremy Corbyn net worth is estimated to be £3 million.

Corbyn was born on May 26, 1949 in Chippenham, England, UK and he began his political career when he was elected to Haringey Council in 1974 and he later became Secretary of Hornsey Constituency Labor Party. As a leader of Labour party, he advocates reversing austerity cuts to public services and welfare funding made since 2010 and proposes renationalization of public utilities and the railways. Corbyn was the national chair of the Stop the War Coalition and a member of the Socialist Campaigh Group until his election as leader of Labour Party.

In September 2016, following a leadership contest, he retained leadership of the party with an vote share of 61.8%. In 2017, latest general election, Labour party under his leadership gained 32 seats and increased its share of the popular vote to 40% leading to a hung parliament.

Jeremy Corbyn net worth of more than £3 million comes from his salary of £137,000. Being in the position of MP, he also ears £74,962 as his base salary  while he will get huge £1.6 million pension when he retires.

Jeremy Corbyn Net Worth: £3 million

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