Sound health and lasting wealth
  • Home
  • Health
    • Children’s Health
    • Men’s Health
    • Women’s Health
  • Diseases
  • Health News
    • COVID-19
  • Nutrition
  • Food
  • For you
    • People
    • Shalw Gist
    • Celebrity Healtth
  • Advertise Here
Sound health and lasting wealth
  • Home
  • Health
    • Children’s Health
    • Men’s Health
    • Women’s Health
  • Diseases
  • Health News
    • COVID-19
  • Nutrition
  • Food
  • For you
    • People
    • Shalw Gist
    • Celebrity Healtth
  • Advertise Here
  • People

How Much Net Worth Does Nadhim Zahawi Have In 2022? Politician Expenses Scandal Explored

  • No comments
Total
0
Shares
Share 0
Tweet 0
Pin it 0
Up next
3 Myths About Eating Fruit and Veggie Peels – By Food Safety Expert
Published on 06 July 2022
Author
shalw
Share article
The post has been shared by 0 people.
Facebook 0
Twitter 0
Pinterest 0
Mail 0

How Much Net Worth Does Nadhim Zahawi Have In 2022? According to media reports, British Prime Minister Boris Johnson nominated a new UK Health Secretary and Finance Minister on Tuesday in response to the resignations of Health Secretary Sajid Javid and Chancellor of the Exchequer Rishi Sunak.

The British Prime Minister has named Steve Barclay as the new health secretary and Nadhim Zahawi, the current education secretary of the UK, as the new finance minister.

 

How Much Net Worth Does Nadhim Zahawi Have In 2022?

An estimated £100 million net worth belongs to Nadhim Zahawi. Questions regarding Zahawi’s vast economic interests outside of parliament are expected to be raised by the series of purchases.

In July of last year, Zahawi started working for Gulf Keystone. He receives a monthly salary of £20,125 as the chief strategy officer. As compensation for his advice to the corporation, he has also been getting regular bonuses of up to £26,000.

A NatWest bank branch and offices were most recently sold in 2012 for £5.25 million. Zahawi’s Walton-on-Thames property, which cost £1.32 million, is where a WH Smith is located.

 

How Much Net Worth Does Nadhim Zahawi Have In 2022? Politician Expenses Scandal Explored
Newly Appointed Finance Minister is all set to work ( Source : Thelondoneconomic )

 

As previously reported by The Guardian, Zahawi received “performance units,” a type of bonus, right before it became public that Sinopec, the state-owned oil firm of China, was in talks to purchase Gulf Keystone, a company currently valued at £350 million.

Over the past three years, a Conservative MP has invested more than £25 million in a six-story central London home and a number of commercial properties, netting him hundreds of thousands of pounds in rental income in addition to his parliamentary pay.

Expenses Scandal Related To The Politician

The Tory whose claim for MP energy expenses was the highest has acknowledged that taxpayer funds were used to fund a business at his country house.

Calls for an investigation by the Independent Parliamentary Standards Authority (IPSA) and the police were triggered by the disclosure. Although it is not against the law, MPs are only permitted to claim costs related to their employment in the House of Commons.

Mr Zahawi claimed $5,882 in energy-related charges in 2013, including the cost of heating the mobile home of the yard manager and the stables for his riding school.

 

Nadhim visits his colleagues at Telford College
Nadhim visits his colleagues at Telford College ( Source : Shropshirestar )

He received criticism for this, and he was no longer allowed to preside over a meeting with Citizens Advice regarding exorbitant energy bills. Mr Zahawi, on the other hand, claimed it was an error and that he had reimbursed the £4,875.87 overpayment.

Nadhim Zahawi Family Portfolio

In the 18 months leading up to December, Nadhim Zahawi, who is also a director of an oil company that operates in Kurdistan, spent £10 million on the commercial properties, adding to a family portfolio that already included a stucco home on one of the most prestigious streets in Belgravia, central London.

With his wife Lana, Zahawi paid £13.75 million for the Belgravia mansion, which is adjacent to Margaret Thatcher’s longtime residence, in 2013. As part of a significant renovation, the couple has requested permission to enlarge the basement and install a swimming pool.

The commercial properties were acquired through a business owned by Zahawi and his wife, and among them was the previous location of the Fishy Fishy restaurant in Brighton, which was once owned by TV host Dermot O’Leary.

 

Nadim has huge financial portfolio
Nadim has huge financial portfolio ( Source : Thenational )

 

The MP established a business called Zahawi & Zahawi a month after he was elected in 2010 and used that business to purchase commercial assets. Half of the business, which files “small company” accounts, is owned by him and his wife. Its accounts show that it had £174,675 in shareholder funds the previous year. Its funds during the previous year were £179,083.

One of its purchases was a £2.7 million home on Fulham Road in London, which is currently occupied by the real estate firm Savills. In addition, Zahawi and his wife own a livery in Warwickshire and a Putney house that they purchased before he was elected to the House of Commons.

Soundhealthandlastingwealth.com offer the most up-to-date information from top experts, new research, and health agencies, but our content is not meant to be a substitute for professional guidance. When it comes to the medication you're taking or any other health questions you have, always consult your healthcare provider directly.
Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You May Also Like

Rainbow Kiss TikTok Meaning On Wikipedia: What Does It Mean? Learn Other Meanings Of Rainbow Kiss

Rainbow Kiss TikTok Meaning On Wikipedia: What Does It Mean? If you’re…
  • shalw
  • July 5, 2022

What Happened To April Nocifora? Death Cause – Know How He Died

What Happened To April Nocifora? April Nocifora was a supervising producer for…
  • shalw
  • May 6, 2022

Why Was Steve Kerr Dad Malcolm H Kerr Assassinated? Know What Happened

Why Was Steve Kerr Dad Malcolm H Kerr Assassinated? Malcolm Kerr, Steve…
  • shalw
  • May 25, 2022

Rapper Mystikal Arrested: What Are His Charges In Louisiana? Find out His Wife & Where He Is Now

Rapper Mystikal Arrested: What Are His Charges In Louisiana? To know everything…
  • shalw
  • August 1, 2022
Recent Posts
  • Pras Michel’s Sentencing Postponed After Emergency Colon Cancer Surgery
  • 4 Surprising Metabolism Boosters Women Should Try Today
  • Natural Allergy Relief: The Powerful Combo That Worked
  • Nicole Eggert’s Brave Mastectomy Journey in Breast Cancer Battle
  • Pink Recovers from E. Coli Infection with IV Therapy
Recent Comments
    September 2025
    MTWTFSS
    1234567
    891011121314
    15161718192021
    22232425262728
    2930 
    « Aug    
    Pras Michel’s Sentencing Postponed After Emergency Colon Cancer Surgery
    • Celebrity Health

    Pras Michel’s Sentencing Postponed After Emergency Colon Cancer Surgery

    Pras Michel’s sentencing is postponed to October 3 due to emergency colon…
    • shalw
    • September 2, 2025
    4 Surprising Metabolism Boosters Women Should Try Today
    • Women's Health

    4 Surprising Metabolism Boosters Women Should Try Today

    Understanding metabolism and how to enhance it can be a game-changer for…
    • shalw
    • September 2, 2025
    Natural Allergy Relief: The Powerful Combo That Worked
    • Health

    Natural Allergy Relief: The Powerful Combo That Worked

    For millions around the world, allergies can feel like an unending battle,…
    • shalw
    • September 2, 2025
    Nicole Eggert’s Brave Mastectomy Journey in Breast Cancer Battle
    • Celebrity Health

    Nicole Eggert’s Brave Mastectomy Journey in Breast Cancer Battle

    Nicole Eggert underwent a mastectomy with reconstruction in August 2025 after battling…
    • shalw
    • September 1, 2025
    Sound health and lasting wealth
    • Editorial Guidelines
    • DMCA Notice
    • Advertise Here
    • Sitemap
    • Contact
    pixel