Andrew Wallace Net Worth 2022, Age, Wife, Children, Height, Family, MP, Party

Andrew Wallace net worth

Read the complete write-up of Andrew Wallace net worth, age, wife, children, height, family, party, member of parliament, speaker as well as other information you need to know.


Andrew Wallace is an Australian politician currently serving as the 31st Speaker of the House of Representatives. He is a member of the Liberal Party and has been a member of the House of Representatives since the 2016 federal election, representing the Division of Fisher.

Early life

NameAndrew Wallace
Net Worth$5 million
OccupationPolitician, Builder, Barrister
Age53 years
Andrew Wallace net worth 2022

Andrew Bruce Wallace was born on February 27, 1968 (age 53 years) in Melbourne. At the age of 19, he entered a Pallottine monastery in Victoria. He was asked to leave after less than a year when it was judged that he would not be able to fulfill his monastic vows of poverty, chastity and obedience. Dismissed by the rector, he was told, “there are many ways you can serve God, you don’t have to be a priest.”

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His mother organized his apprenticeship as a carpenter, and Wallace eventually started his own building business. Wallace qualified as a barrister in 2000 after studying law at the Queensland University of Technology, subsequently practicing in construction law for 16 years prior to his election to parliament.


Wallace was elected to parliament at the 2016 federal election, succeeding Mal Brough as the Liberal National Party member for the Division of Fisher. He has chaired the standing committees on Infrastructure, Transport and Cities; Social Policy and Legal Affairs; and Corporations and Financial Services.

Wallace was a member of the Speaker’s panel since September 2019. Following the resignation of Tony Smith as Speaker of the House of Representatives on 23 November 2021, Wallace was elected as the new Speaker by the House of Representatives 70 votes to 59 against Labor Party member and Second Deputy Speaker Rob Mitchell.

Like his predecessor, Wallace said he would maintain the practice of not sitting in the Liberal Party room while he holds the Speaker position.

Political views

Wallace is a member of the Centre-Right faction of the Liberal Party. He was initially opposed to same-sex marriage on religious grounds, but later spoke in favour of the Marriage Amendment (Definition and Religious Freedoms) Act 2017.

He cited his daughter’s coming out and his “legal background” as influential in his change of mind.

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In February 2021, Wallace said that Australian banks should create a voluntary code of conduct barring the use of credit cards for online gambling.

His salary for 2022 ranges from $162,574 to $475,483, but with bonuses, benefits and various other compensation, he made significantly more than his salary in the year 2020.


Andrew Wallace is married to Leonie Wallace, they held their wedding ceremony in Australia. Wallace and his wife have four daughters. The couple is practicing Catholics who “go to church every Sunday.” His youngest daughter lives with a disability, as she was born with a segment missing from her chromosome 16.

Andrew Wallace net worth

How much is Andrew Wallace worth? Andrew Wallace net worth is estimated at around $5 million. His main source of income is from his career as a politician and builder. Wallace successful career has earned him some luxurious lifestyles and some fancy cars trips. He is one of the richest and most influential politicians in Australia.