Conservative Party member Penny Mordaunt has announced the title race at the next general election. Following the resignation of prime minister Boris Johnson, she became one of the few who declared for the race to be the next PM.

Despite sources claiming that the Mordaunt is worth $4 million, it is safe to say that the Prime Minister candidate is worth way above that sum estimates. Estimates tell that the British Minister of State for Trade Policy is worth more than $10 million.

Mordaunt had a humble beginning and was born in a small family. Her father was a soldier and her mother a teacher. Sadly her mother passed away when Penny was 15.

As of July 222, Penny is a republican candidate running for the leadership race to become the next Prime Minister of the United Kingdom.

Penny Mordaunt's 2022 Net Worth Is More Than $4 Million

As of July 2022, the net worth of the Conservative Party Member of Parliament, Penny Mordaunt, is more than $4 million. 

The Prime Minister candidate is worth way above that sum. Estimates tell that the British Minister of State for Trade Policy is worth more than $10 million.

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Mordaunt describes herself as a campaigner who fought for the Portsmouth North seat in the 2005 General Election. Though she lost that time, she continued to fight and won in 2010. She increased her vote percentage in every election from 38% to 61%.

As of March 2022, the basic salary of an MP in the House of Commons is £84,144 per year, or approximately $100,000. Apart from that, Mordaunt is the Minister of State for Trade Policy. She surely earns a good respectable amount of money.

Apart from that, the MP is also currently running for the Prime Minister of the United Kingdom following the announcement by Boris Johnson of his pending resignation on July 7, 2022, and will remain as prime minister until a new party leader is elected.

Penny Mordaunt Parents Ethnicity And Religion

The Minister of State for Trade Policy of the United Kingdom was raised in a middle-class family. 

She was born on March 4, 1973, in Torquay, Devon, to John Mordaunt and Jennifer. Her father, John, was a former paratrooper who served in the Parachute Regiment. The Hilsea Barracks-born man later retrained as a teacher.

Her mother, Jennifer, is a relative of the first Labour Chancellor of the Exchequer, Philip Snowden. Penny also has a twin brother James and a younger one named Edward.

Though the ethnic background of her family is not mentioned, it seems that the MP is a Caucasian white female. She studied at Oaklands Roman Catholic Comprehensive School in Waterlooville, Hampshire. Later, she studied drama at the Victoryland Theater School.

Penny Mordaunt Is A UK Prime Minister Candidate

Penny Mordaunt has announced her candidacy for the leader of the United Kingdom following the resignation of the current PM Boris Johnson.

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The 49-year-old has a lot of experience under her belt, from being the governor of the World Bank to Acting Sub-Lieutenant at the Royal Navy. Her political career spans more than a decade.

She was the Minister for Women and Equalities, Secretary of State for International Development, Secretary of State for Defence, and the Minister of State for Trade Policy.

The Conservative politician is one of the prime candidates to battle Rishi Sunak for the next leader of the United Kingdom. Her promotional campaign runs under the tagline #PMforPM. She is on Twitter as @PennyMordaunt and has 120K followers.

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