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

Was Sean Ward Arrested? Assault and Abuse Update – What Is His Girlfriend’s Name?

Was Sean Ward Arrested? – Sean Ward was accused of assault and…
  • shalw
  • January 27, 2022

Is Caitriona Balfe Really Pregnant? Model Expecting Second Child Or Not

Is Caitriona Balfe Really Pregnant? let’s take a look at the rumour…
  • shalw
  • April 11, 2022

Did Tucker Barnes Leave Fox 5? Explore Why He Is Absent On The Show And His Wife’s Details

Did Tucker Barnes Leave Fox 5? Tucker Barnes is a meteorologist on…
  • shalw
  • May 2, 2022

Who Is Tracey Starwood? Meet Glen Rice Jr. Mother, Her Husband, Children & Family Explored

Who Is Tracey Starwood Mother to Glen? Glen Anthony Jr. is a…
  • shalw
  • August 16, 2022
Recent Posts
  • COPD Symptoms Women Over 50 Should Never Ignore
  • Julie Bowen Got a Pacemaker Early Due to Rare Syndrome
  • How Water Helps Lower Blood Sugar, Backed by Science
  • Early ALS Signs Women Over 50 Must Not Ignore
  • Kylie Kelce Feeds Jason Doughnuts During Weight Loss Challenge
Recent Comments
    July 2025
    MTWTFSS
     123456
    78910111213
    14151617181920
    21222324252627
    28293031 
    « Jun    
    COPD Symptoms Women Over 50 Should Never Ignore
    • Health

    COPD Symptoms Women Over 50 Should Never Ignore

    Chronic Obstructive Pulmonary Disease, better known as COPD, is a progressive condition…
    • shalw
    • July 7, 2025
    Julie Bowen Got a Pacemaker Early Due to Rare Syndrome
    • Health News

    Julie Bowen Got a Pacemaker Early Due to Rare Syndrome

    Modern Family star Julie Bowen has shared a deeply personal health revelation—one…
    • shalw
    • July 7, 2025
    How Water Helps Lower Blood Sugar, Backed by Science
    • Health

    How Water Helps Lower Blood Sugar, Backed by Science

    It sounds almost too simple—could something as basic as drinking water actually…
    • shalw
    • July 7, 2025
    Early ALS Signs Women Over 50 Must Not Ignore
    • Health

    Early ALS Signs Women Over 50 Must Not Ignore

    Amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig’s disease, is a…
    • shalw
    • July 4, 2025
    Sound health and lasting wealth
    • Editorial Guidelines
    • DMCA Notice
    • Advertise Here
    • Sitemap
    • Contact
    pixel