Theresa May Net Worth

What is Theresa May's Net Worth?

Theresa May is a British politician who has a net worth of $5 million. Theresa May served as the prime minister of the United Kingdom and the leader of the Conservative Party from 2016 to 2019. Previously, from 2010 to 2016, she served as the home secretary, and from 1997 to 2024 she was a member of Parliament for Maidenhead. A one-nation conservative, May inaugurated the controversial process of withdrawing the UK from the European Union.

Early Life and Education

Theresa May was born as Theresa Brasier on October 1, 1956 in Eastbourne, England as the only child of Zaidee and clergyman Hubert, an Anglican priest. As a youth, she attended Heythrop Primary School, St. Juliana's Convent School for Girls, and Wheatley Park School. For her higher education, May went to St. Hugh's College, Oxford, graduating in 1977.

Career Beginnings

May began her career post-college at the Bank of England, where she worked between 1977 and 1983. Subsequently, from 1985 to 1997, she served as a financial consultant at the Association for Payment Clearing Services. During a portion of that time, May was a councilor for Durnsford ward on the Merton London Borough Council.

Member of Parliament and Home Secretary

In 1997, May was elected to Parliament as the Conservative candidate for Maidenhead. During her first decade as a member of Parliament, she held several roles in the Shadow Cabinet and chaired the Conservative Party from 2002 to 2003. In 2010, May was reelected as MP for Maidenhead, and following the formation of the coalition government that year she was appointed home secretary and minister for women and equalities. She served in the former role until 2016, making her the longest-serving home secretary in over 60 years. During her tenure, May implemented a harder line on drug policy, worked to restrict immigration and increase deportations, and oversaw the introduction of elected police and crime commissioners.

Prime Minister

In the summer of 2016, two days after becoming the new leader of the Conservative Party, May was appointed prime minister of the United Kingdom by Queen Elizabeth II. She succeeded David Cameron, who had resigned as party leader after losing the national referendum to leave the European Union. In the process, May became the second woman to serve as prime minister of the UK, after Margaret Thatcher. As prime minister, she inaugurated the process of withdrawing the UK from the EU, triggering Article 50. In the spring of 2017, May announced a snap general election, which resulted in a hung parliament and the loss of a Conservative majority. However, she continued pursuing Brexit, leading to a first draft Brexit withdrawal agreement in late 2018.

Beyond Brexit, a number of other cataclysmic events occurred during May's premiership, including terrorist attacks in London and Manchester and a major fire at the Grenfell Tower flats, all in 2017. In 2018, May and her government were involved in the Windrush scandal, in which numerous people were wrongly detained, refused legal rights, and in some cases wrongly deported. At the end of that year, May's government was the first-ever to be found in contempt of Parliament. Although she survived two votes of no confidence in quick succession, May had her draft Brexit withdrawal agreement rejected three times by Parliament, and after her party's poor showing in the 2019 European Parliament election, she resigned as prime minister. She was succeeded by her former foreign secretary Boris Johnson.

Post-premiership

After leaving her premiership, May remained in the House of Commons as a backbencher until 2024. Meanwhile, in 2023, she published the book "The Abuse of Power – Confronting Injustice in Public Life." After she stood down as MP for Maidenhead in 2024, May became a member of the House of Lords and was created Baroness May of Maidenhead.

Personal Life

In 1980, May married investment manager Sir Philip May. They do not have any children, something that May has talked about regretting. The couple lives in Sonning, Berkshire, and often spends holidays hiking in the Swiss Alps. May also likes to watch cricket, cook, and worship at church.