John Bercow net worth: The staggering fortune Remainer speaker accrued in parliament


Elected in 2009, John Bercow has been the Commons Speaker for over a decade. The Speaker said he would resign on the current Brexit deadline of October 31, or if any early general election was held. Upon announcing his resignation earlier this week, Mr Bercow said: “At the 2017 election I promised my wife and children that it would be my last.. This is a pledge I intend to keep.”

What is John Bercow’s net worth?

John Bercow’s exact net worth is not widely known, but the Speaker’s salary is on the public record.

The Independent Parliamentary Standards Authority (IPSA), is responsible for determining the salaries of MPs.

As of April 1, 2018, the annual salary of a Member of Parliament increased to £77,379.

However, those in Ministerial capacities are entitled to receive an additional salary.

The Speaker of the House of Commons is also a role entitled to additional salary.

According to the government website, from April 2018 the Speaker is entitled to £77,208 a year – on top of the MP salary.

Combined, this suggests Mr Bercow receives a salary of nearly £155,000 a year.

By calculations, Mr Bercow would have earned in excess of £1.4million since 2009.

In 2012, it is thought Mr Bercow refused to follow ex-PM’s Gordon Brown and David Cameron in turning down the gold-plated, £1million pension given to former Prime Minister’s and Speaker’s.

This means his retirement package is believed to be one of the most generous in the country and will pay him £38,000 a year when he retires.

As the Speaker’s pension is index-linked, the pension goes up with the cost of living and does not require contribution from the recipient.

According to The Times’ report in June this year, Mr Bercow has also used up £250,000 of tax-payers cash to pay for foreign trips during his time as Speaker.

Receiving invites from other Speakers and parliaments worldwide, since 2009 the Speaker is thought to have flown almost 207,000 miles.

The publication also claims the Speaker has accepted more than £157,000 in gifts and political donations since becoming Speaker.

A spokesman said: “He receives far more invitations than his parliamentary duties allow him to accommodate.

“Mr Speaker always puts his duties to the House of Commons first and the vast majority of visits are undertaken during recess periods and in his own personal time.”


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