How much is the government worth?

Dominic Lipinski/PA

Two thirds of the Cabinet are millionaires with a combined wealth of nearly £70 million, according to a new 'rich list' of politicians.

The data, from financial consultants Wealth-X , is likely to fuel further criticism that the government is vastly out of touch with the rest of the country and the reality faced by cash-strapped British households.

David Cameron's net worth is estimated at $6 million (£3.8 million), with liquid assets of £190,000 from current and previous salaries - half as much as the US President, Barack Obama.

Wealth-X, which specialises in analysing the financial affairs of US politicians, bases its figures on salaries as well as declared shares, property and other assets such as planes and art collections.

The group state that the source of Mr Cameron's wealth, who was educated at Eton College and Brasenose Oxford, was in part self-made and from "property, most likely funded from parents/inheritance".

Rich list
The richest Cabinet minister is Lord Strathclyde, who is worth $15 million, mainly from inherited wealth and a stake in his family's estate management company.

Defence Secretary Philip Hammond is put at about $13 million, from stakes in a healthcare and nursing home developer and "consultancy work".

Jeremy Hunt, the Culture Secretary, is estimated to be worth $7.5million, from co-founding educational publisher Hotcourses.

Nick Clegg, the Deputy Prime Minister, has a fortune worth $3.2million. According to Wealth-X, the richest person in the Commons is Zac Goldsmith, whose £284 million fortune is described as an "inheritance from financier father".

Top 10 richest Cabinet ministers
Name/worth/source of wealth
  1. Lord Strathclyde - $15 million - Inherited Wealth, stake in family's estate management company, Auchendrane Estates. Also private directorships.
  2. Philip Hammond - $13 million - Stake in healthcare and nursing home developer Castlemead; consultancy work
  3. William Hague - $7.5 million - Income from public speaking, two books, a newspaper column and various business advisory roles
  4. Jeremy Hunt - $7.5 million - Stake in Hotcourses, a publisher of guides and websites for educational courses, which he co-founded
  5. Caroline Spelman - $7 million - Wealth figures primarily reflect the value of properties owned by Spelman and husband, a Senior Partner at Accenture
  6. George Osborne - $7 million - Property (inherited); stake in family-owned fabric and wallpaper designer Osborne & Little (inherited)
  7. David Cameron - $6 million - Property, most likely funded from parents/inheritance
  8. Francis Maude - $5 million - Work as managing director at Morgan Stanley and various directorships
  9. Dominic Grieve - $4.5 million - Private investment, funded by salaries as barrister and QC
  10. Andrew Mitchell - $3.5 million - Former investment banker, owns a number of homes, contributing to most of his wealth.
Source: Research by Wealth-X

Top 10 richest sportspeople
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How much is the government worth?

Despite some disastrous revelations about his personal life, and a string of disappointing performances on the golf course, the Tiger still comes in at number one with a phenomenal salary of $75 million. His net worth is estimated at an eye-watering $500 million. 

The most valuable and highly paid NBA player, basketball superstar Bryant has a net worth of $140 million and a salary of $53 milllion. 

Another hugely popular basketball player, James' jersey was the NBA's best seller last year and his salary of $48 million is certainly pretty healthy for a 26 year old. 

He might not be winning quite as many Grand Slams as he used to, but the much-loved tennis star has an incredible list of sponsors to his name - Rolex, Credit Suisse, Nike and Wilson to name a few. Another great of his game, his salary is estimated at $47 million. 

Another hugely popular golfer, he makes some serious earnings from endorsements and has an estimated salary of a cool $46.5 million.

Arguably the most famous and recognisable sportsman in the world, Becks nets $40 million and his net worth is estimated by the Sunday Times Rich List to be a staggering £135 million. 

The Portuguese footballer earns $38 million at the age of just 26, and is a social media sensation with 3 million followers on Twitter. He also has 26 million Facebook fans - twice as many as any other athlete. 

The 'A-Rod' is considered one of the best all-round baseball players of all time, and at 35, the New York Yankees star earns a cool $35 million. 

His return to Formula 1 might not have gone quite as he wanted, but the 42 year old racing veteran is still cashing in on his endorsements and sponsors, earning a healthy $34 million.

Football's wonder-kid, and already hailed as an all-time great at the age of just 23, the Argentinian earned a very respectable $32.3 million last year in both wages from Argentina and his La Liga club Barcelona, as well as a multitude of sponsorship deals.


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