George Osborne is popularly known as a former British politician who served as Chancellor of the Exchequer from 2010 to 2016. He also served as the Cameron government’s First Secretary of State from 2015 to 2016. George was also the Evening Standard newspaper editor from 2017 to 2020. In 2023, he is set to marry his long-term partner on Saturday amid a mystery over an email sent to wedding guests. In this post, however, we will look at George Osborne’s net worth. Keep reading for more.
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George Osborne Biography
Osborne, born Gideon Oliver Osborne in Paddington, London, embarked on a path of personal and professional growth that has defined his journey in the public eye.
As the eldest of four boys, Osborne grew up in a household immersed in the world of design and creativity. His father, Sir Peter Osborne, was a co-founder of the renowned fabric and wallpaper design firm Osborne & Little, while his mother, Felicity Alexandra Loxton-Peacock, came from an artistic lineage. This diverse upbringing laid the foundation for Osborne’s eclectic interests and wide-ranging perspectives.
Educated at prestigious private schools, including Norland Place School, Colet Court, and St Paul’s School, Osborne’s intellectual prowess became evident early on. In 1990, he was awarded a demyship at Magdalen College, Oxford, where he delved into the study of Modern History, earning a commendable 2:1 bachelor’s degree. During his time at Oxford, Osborne’s membership in the Bullingdon Club showcased his affinity for camaraderie and a taste for social engagement.
Initially drawn to the field of journalism, Osborne encountered his fair share of setbacks. Shortlisted but unsuccessful in securing a place on The Times’ esteemed trainee scheme, and rejected by Gideon Rachman at The Economist, he found solace in freelance work for The Daily Telegraph’s ‘Peterborough’ diary column. A stroke of luck arrived in the form of George Bridges, a journalist friend from Oxford, who alerted Osborne to a research vacancy at the Conservative Central Office. Osborne seized the opportunity, joining the Conservative Research Department in 1994 and rising to the position of head of its Political Section.
Osborne’s political acumen and dedication to the Conservative cause soon became evident. He served as a special adviser to Minister of Agriculture, Fisheries and Food Douglas Hogg during the BSE crisis, as well as in the Political Office at 10 Downing Street. Osborne’s talents were further harnessed when he worked as a speechwriter and political secretary for William Hague, who succeeded John Major as Conservative Party leader. During this period, he played a pivotal role in preparing Hague for the intense weekly sessions of Prime Minister’s Questions, even stepping into the shoes of Prime Minister Tony Blair during practice sessions.
Continuing his ascent through the ranks, Osborne secured a seat in Parliament as the Member of Parliament for Tatton, Cheshire, in the June 2001 election. His dedication and aptitude did not go unnoticed, and in September 2004, then-Conservative leader Michael Howard appointed him to the Shadow Cabinet as Shadow Chief Secretary to the Treasury. This appointment positioned Osborne as a rising star within the party, signalling his potential for greater responsibilities on the horizon.
The pinnacle of Osborne’s political career arrived on 11 May 2010 when he was appointed Chancellor of the Exchequer, a role of immense significance and influence. Swiftly sworn in as a Privy Counsellor, he assumed the challenging task of steering the country’s economic policies during a period of global uncertainty and financial recovery. Osborne’s tenure as Chancellor was marked by a commitment to fiscal discipline and a drive for economic growth, which earned him both acclaim and criticism.
However, political fortunes can be fickle, and Osborne experienced a setback when he was sacked by Prime Minister Theresa May on 13 July 2016, following her assumption of office. Undeterred, he gracefully transitioned to the backbenches, displaying resilience in the face of adversity. As he returned to a more independent role, Osborne’s influence and voice remained strong within the Conservative Party.
Acknowledging his invaluable contributions, David Cameron included Osborne in the Resignation Honours list, appointing him as a Companion of Honour on 4 August 2016. Unlike Cameron, Osborne maintained his dedication to public service and expressed his intention to stand for Parliament again in 2020, despite the potential abolition of his Tatton constituency due to proposed boundary changes.
George Osborne Net Worth: How Much Is He Worth?
Osborne’s net worth in 2023 is currently estimated at around $8 million. George served as the Cameron government’s First Secretary of State from 2015 to 2016. George was also the Evening Standard newspaper editor from 2017 to 2020.
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