Read about Andy Preston net worth, age, wife, children, height, family, parents, salary and Party as well as other information you need to know.
Andy Preston is an English politician, charity chairman, and businessman. He was elected Mayor of Middlesbrough in May 2019, serving until his defeat in May 2023. He previously stood for the role of elected mayor of Middlesbrough in 2015.
Andy Preston was born on July 31, 1966 (age 57 years) in Middlesbrough, United Kingdom. After retiring from fund management, Preston moved back to the North of England. Between 2002 and 2008 Preston was a patron of international children’s charity ARK. He was also chairman of the charity Fairbridge Teesside from 2005 to 2010. The first charity he founded, in 2011, was Middlesbrough and Teesside Philanthropic Foundation which raises and distributes funds to boost communities across the urban area of Teesside.
An early supporter and trustee of the charity was public relations executive Mark Bolland The Foundation is supported by a number of local businesses including Middlesbrough Football Club, Steve Gibson’s Bulkhaul and Cleveland Cable Company. It has also won support from Olympic long jumper Chris Tomlinson.
After being elected mayor of Middlesbrough, Preston stood down from his role as chairman of the Foundation, relinquishing any decision-making role in the charity’s activities but continuing in the honorary role of founder. By this time the charity had raised more than £3 million. A couple of years after launching the Philanthropic Foundation, Preston launched a new charity called CEO Sleepout which holds events across the UK to raise funds to combat homelessness and poverty.
In December 2016 Preston launched a charity restaurant, The Fork in the Road, in Middlesbrough with the goal of providing employment opportunities for ex-offenders, recovering addicts and the long-term unemployed. A number of the Fork in the Road restaurant’s staff came through a programme designed to offer precious opportunities to those who need a helping hand – recovering addicts, ex-offenders and the long-term unemployed.
The fit-out costs and working capital for this social enterprise came from the CEO Sleepout charity and Public Health England. Preston transferred the Fork in the Road from CEO Sleepout to another local charity, Recovery Connections, after being elected mayor of Middlesbrough in 2019. Preston previously chaired Tees Valley Education, an academy trust operating in some of the UK’s most disadvantaged areas.
Andy Preston has been involved in numerous businesses in North East England and also invests in commercial property. He and his brother Chris restored the former Kirby College in Middlesbrough, converting it into apartments. In 2013, through a £1 million renovation they also converted a 19th-century Middlesbrough building previously known as the Cleveland Club into office accommodation called Boho Four Gibson House. He has also invested in a number of start-up businesses in the North East of England.
Andy Preston was historically an active member of the Labour Party. In 2013 he spearheaded a successful campaign to retain the role of elected mayor of Middlesbrough when then Mayor Ray Mallon called a referendum on the position. Preston stood for election as an independent in 2015 to become elected mayor of Middlesbrough, narrowly losing out to Labour’s Dave Budd.
Preston took up a voluntary role in 2016 as Tees Valley business ambassador for the Britain Stronger in Europe campaign ahead of the referendum to decide whether the country should remain or leave the European Union. After being linked as a potential candidate to become the first Tees Valley Mayor, Preston ruled himself out of the race but warned against the election of a “career politician”.
He was elected as Mayor of Middlesbrough on 2 May 2019, after running as an independent. He won in the first round with 59% (17,418) of the votes counted, with Labour’s Mick Thompson coming second with 6,693 votes. In a local election held in 2023, he was defeated by the Labour candidate Chris Cooke who won 10,956 votes to Preston’s 10,196.
In 2015, Preston was criticized for using his parents’ Middlesbrough address on his nomination papers, rather than that of his actual home, but he denied breaking election rules. In 2022, five councilors quit his executive due to his “consistent poor conduct and behaviour.”
In August 2023 following an investigation by Cleveland Police, Preston was charged with four counts of non-disclosure of pecuniary interests in Executive meetings in contravention of S30(4) and 34(1)(b) and (3) of the Localism Act 2011, with a court date set of 21 August 2023. Charges for non-disclosure were all dropped on August 14, 2023, after the CPS reviewed additional information.
Andy Preston is a married man. He and his wife have lived at Otterington Hall, a grade II-listed mansion near Northallerton, since at least 2007. It has “one of the best topiary gardens in England and certainly the best in Yorkshire”.
Andy Preston net worth
How much is Andy Preston worth? Andy Preston net worth is estimated at around $5 million. His main source of income is from his primary work as a politician. Andy Preston’s salary per month and other career earnings are over $254,000 dollars annually. His remarkable achievements have earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and most influential politicians in England. He stands at an appealing height of 1.75m and has a good body weight which suits his personality.