Justin Pierre James Trudeau is popularly known as Justin Trudeau. Justin Trudeau was born on 25th December 1971, is a politician of Canada. Justin was born and brought up in Ottawa, Ontario. In 1994 he completed his graduation from McGill University with a bachelor of arts degree and in 1998 he completed his bachelor of Education degree from the University of British Columbia. Since 2015 Justin Trudeau has been serving as the 23rd Prime Minister of Canada. Since 2013 he has been the leader of the liberal party.
Justin Trudeau Net Worth
Canada is among the world’s largest and most influential nations and the leader of Canada holds not only political powers but personal finances as well. The 23rd Prime minister of Canada’s net worth is a subject of interest. A Canadian business magazine surveyed Trudeau’s net worth and according to them the net worth of Trudeau may have exceeded $10 million in 2019. The salary of the Canadian Prime minister is $ 357, 800, and he is among the top 10 highest paid world leaders. However, the net worth of Trudeau is affected by several factors: Some inherent property from his father, his lucrative speaking fees, and the family also owns some real estate holdings.
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Some of the other allowances Given to Justin Trudeau
Apart from his salary as a prime minister Trudeau gets various additional benefits and allowances. He is also given a residential allowance of $150,000 per year to maintain the official residence where he lives as a prime minister, he is given an allowance of $ 2,000 per year for his car, he is given a text allowance of $ 200,000 annually for his housing and other expenses. Trudeau and his family get the additional benefit of security from the Royal Canadian Mounted Police through government expense. Adding all these benefits Trudeau’s total compensation as prime minister exceeds $500,000 per year.
Inherent Property of Justin Trudeau
Trudeau got shares in two companies from his father. From the first company, he owns $20,000 per year, from the second company he owns $10,000 per year. Some of Trudeau’s earnings come from real estate. In 2007 Trudeau and his wife purchased a new house worth $1.2 million in Ottawa’s Rockcliffe Park neighbourhood. In 2012 Trudeau sold a three-bedroom townhouse in Montreal which he got from his father and made $1.2 million from that sale. Trudeau also owns a mansion in Montreal’s upscale Mont-Royal neighborhood worth $800,000. However, he sold that property before he made his appearance in the political field.
Conclusion
The net worth of Trudeau as the prime minister of Canada, along with the additional benefit he gets as prime minister almost exceeds $500,000 per year. It has been 10 years since Trudeau was the Prime minister of Canada. However, the sudden resignation of Freeland has created some trouble for Trudeau, leaders of the position party are demanding his resignation.
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