Penny Mordaunt Net Worth: What Is Penny Mordaunt Net Worth?: Born on March 4, 1973, Penny Mordaunt, officially known as Penelope Mary Mordaunt is a British politician.
She attended Oaklands Catholic School and furthered her education at the University of Reading where he read philosophy and graduated in 1995.
At the time of this writing (May 6, 2023), Penny Mordaunt is a British politician who has been Leader of the House of Commons and Lord President of the Council since September 2022.
In that role (Lord President of the Council), she played a leading part in the ceremonies of the accession and Coronation of Charles III and Camilla.
As a politician and a member of the Conservative Party, she has been a Member of Parliament (MP) for Portsmouth North since May 2010.
From 2017 to 2019, she served in Theresa May’s cabinet as Secretary of State for International Development and as Secretary of State for Defence from May to July 2019.
Mordaunt also served as a junior minister under Boris Johnson. She ran twice for the Conservative party leadership in July–September, and October 2022, losing to Liz Truss and Rishi Sunak respectively.
She held roles within the Conservative Party under party leaders John Major and William Hague and also worked for George W. Bush’s presidential campaigns in 2000 and 2004.
Mordaunt was elected to the House of Commons in May 2010. Under the coalition government of David Cameron, she served as Parliamentary Under-Secretary of State for Decentralisation from 2014 to 2015
Under the coalition government of David Cameron, she served as Parliamentary Under-Secretary of State for Decentralisation from 2014 to 2015.
After the 2015 general election, Cameron promoted her to Minister of State for the Armed Forces, the first woman to hold the post
In 2017, following the resignation of Priti Patel, she was appointed Secretary of State for International Development. She also served as Minister for Women and Equalities from 2018 to 2019.
In May 2019, Mordaunt was appointed to the senior Cabinet post of Secretary of State for Defence, replacing Gavin Williamson, becoming the first woman to hold the post.
She served as Defence Secretary for 85 days before returning to the backbenches, having been removed from the position by the new Prime Minister Boris Johnson.
In the February 2020 reshuffle, she re-entered government as Paymaster General. In the 2021 reshuffle, she was appointed Minister of State for Trade Policy.
When Johnson announced in July 2022 that he would resign as leader of the Conservative Party and Prime Minister, Mordaunt entered the leadership contest to succeed him but was eliminated in the final round of voting.
Mordaunt was appointed as Leader of the House of Commons when Truss became Prime Minister after Johnson’s recognition.
Following Truss’s resignation on 20 October 2022, Mordaunt made a second bid to become Conservative leader and Prime Minister but pulled out of the election after being unable to gain the necessary endorsement of 100 MPs.
Sunak then became Conservative leader and Prime Minister and later retained Mordaunt in his cabinet, continuing as leader of the House of Commons.
In May 2023, Penny Mordaunt hit major headlines when she became the first woman to have ever presented the Jewelled Sword of Offering to a British Monarch.
The Portsmouth North MP Penny Mordaunt, who is also the Lord President of the Council presented the sword to King Charles III during his coronation at Westminster Abbey on Saturday, May 6, 2023.
The sword was briefly clipped to the King’s coronation sword belt and then after a proclamation by the archbishop.
The King then stepped forward and offered up the sword. It was then placed on the altar and redeemed with “redemption money” by Ms Mordaunt.
At the start of the Coronation, Mordaunt had carried the 17th-century Sword of State in the procession through Westminster Abbey and she held it until it was exchanged for the Jewelled Sword of Offering.
Penny Mordaunt Net Worth: What Is Penny Mordaunt Net Worth?
As of May 2023, Penny Mordaunt had an estimated net worth of about $6 million. Her main source of income is from her career as a politician.
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