Justin Trudeau’s Net Worth: Justin Trudeau announced his resignation as Canadian Prime Minister and Liberal Party leader on Monday. The announcement was made during a press conference. While addressing the press briefing in Ottawa, Justin Trudeau stated that the ‘internal battles’ within the party led him to step down as the Canadian Prime Minister.
Born into Canadian political family, Trudeau worked as a teacher, nightclub bouncer, and snowboard instructor before entering politics. He is said to be quite rich with significant wealth inherited from his family.
Here’s look at his net worth:
As of 2024, Justin Trudeau’s net worth is $96 million USD (approximately 823 crore rupees). This includes his inherited wealth, investments, and post as PM. As a Prime Minister, his annual salary amounted to $379,000 (around 3.24 crore rupees). This means around 27 lakh rupees per month. However, his earnings from investments and business are much higher.
According to reports, Trudeau inherited over $40 million from his father, former Prime Minister Pierre Trudeau. He has grown his assets through smart real estate deals, valued at $50 million, and a $20 million stock portfolio. Canadian Laws prohibited Trudeau from trading in stocks, but not from owning shares through indirect means. His Stock Portfolio grew by 48% each year, compared to a 11% rate for regular investors during the past 20 years.
11 Cars, 11-Bedroom Mansion
Additionally, he enjoys perks like anonymous gifts and luxury items, including yachts, cars, and a luxurious 11-bedroom mansion in Ottawa. As per the information shared on X, Trudeau owns 2 yachts that are worth over $3 million. His net worth also comprises of two Rolls Royce, three Mercedes, one Lincoln, two Range Rovers, two McLarens, and one Buggati.
According to Forbes, Trudeau’s net worth includes owns $22 million worth of investments in real estate and government securities.
How Much Does PM Modi Earn?
While if we compare it to Indian Prime Minister’s net worth and salary, then there is huge difference. PM Modi receives monthly salary of Rs 1.6 lakh. So the difference between the monthly salaries of PM Modi and Canadian PM is approximately 25.4 lakh.
PM Modi’s salary includes a parliamentary allowance of Rs 45,000, an expense allowance of Rs 3,000, a daily allowance of Rs 2,000, and a basic pay of Rs 50,000. He owns assets worth 3.02 crore rupees as mentioned in his election affidavit during the 2024 Lok Sabha elections.
Also Read: Justin Trudeau Steps Down As Canada PM And Liberal Party Leader