Anthony Albanese Net Worth 2021, Age, Wife, Height, Family, Children, Leadership

Anthony Albanese net worth

Read the complete write-up of Anthony Albanese net worth, biography, age, height, education, family, parents, wife, children, politics as well as other information you need to know.


Anthony Albanese is an Australian politician serving as Leader of the Opposition and leader of the Australian Labor Party (ALP) since 2019. He has been a Member of Parliament (MP) for Grayndler since 1996. Albanese was Deputy Prime Minister of Australia in 2013 and a Cabinet Minister in the Rudd and Gillard Governments from 2007 to 2013.

He joined the Labor Party as a student, and before entering parliament worked as a party official and research officer. Albanese was elected to the House of Representatives at the 1996 election, winning the Division of Grayndler in New South Wales. He was first appointed to the Shadow Cabinet in 2001 and went on to serve in a number of roles, eventually becoming Manager of Opposition Business in 2006.

After Labor’s victory in the 2007 election, Albanese was appointed Leader of the House; he was also made Minister for Regional Development and Local Government and Minister for Infrastructure and Transport. In the subsequent leadership tensions between Kevin Rudd and Julia Gillard from 2010 to 2013, Albanese was publicly critical of the conduct of both, calling for unity. After the final leadership ballot between the two in June 2013, Albanese was elected Deputy Leader of the Labor Party and was sworn in as Deputy Prime Minister of Australia the following day.

Following Labor’s defeat in the 2013 election, Albanese stood against Bill Shorten in the ensuing leadership election, the first to include party members as well as MPs. Although Albanese won a large majority of the membership, Shorten won more heavily among Labor MPs; Shorten subsequently appointed Albanese to his Shadow Cabinet. After Labor’s third consecutive defeat in the 2019 election, Shorten resigned. Albanese became the only person to nominate in the leadership election; he was subsequently declared elected unopposed as the Leader of the Labor Party, becoming Leader of the Opposition.

Early life

NameAnthony Albanese
Net Worth$10 million
Age58 years
Anthony Albanese net worth 2021

Anthony Norman Albanese was born on March 2, 1963(age 58 years) in Sydney, Australia. He is the son of Carlo Albanese and Maryanne Ellery. His mother was an Australian of Irish descent, while his father was from Barletta, Italy. His parents met on a cruise ship but did not continue their relationship afterwards, going their separate ways. Growing up, Albanese was told that his father had died in a car accident; he did not meet his father, who was in fact still alive, until 2009, tracking him down with the assistance of the Australian Embassy in Italy. He subsequently discovered that he had two half-siblings.


Anthony Albanese was educated at St Joseph’s Primary School in Camperdown and St Mary’s Cathedral College. His mother Maryanne raised him by herself in public housing, and Albanese would later say that she had raised him with “three great faiths: the Catholic Church, the South Sydney Football Club and Labor”, adding that he had always remained faithful to the latter two.

After finishing school, he worked for the Commonwealth Bank for two years before studying economics at the University of Sydney. There he became involved in student politics and was elected to the Students’ Representative Council. It was also there where he started his rise as a key player in the left faction of the Labor Party. During his time in student politics, Albanese led a group within Young Labor that was aligned with the left faction’s Hard Left, which maintained “links with broader left-wing groups, such as the Communist Party of Australia, People for Nuclear Disarmament and the African National Congress”.

Pre-parliamentary career

After completing his economics degree, Albanese took on a role as a research officer to the then-Minister for Local Government and Administrative Services, Tom Uren, who would become a mentor to him. In 1989, the position of Assistant General Secretary of the New South Wales branch of the Labor Party became vacant when John Faulkner was elected to the Senate. The election to replace him was closely disputed between the Labor Left’s Hard Left and Soft Left groupings, with Albanese being elected with the backing of the Hard Left, taking on that role for the next six years. In 1995, he left the position to work as a senior adviser to New South Wales Premier Bob Carr.

Political career

When Jeannette McHugh announced she would not recontest her seat of Grayndler at the 1996 election, Albanese won preselection for the seat. The campaign was a difficult one, with aircraft noise a big political issue following the opening of the third runway at Sydney Airport, and the newly established No Aircraft Noise party (NAN) having polled strongly in the local area at the 1995 New South Wales election. Veteran political pundit Malcolm Mackerras predicted NAN would win the seat. However, NAN’s candidate finished third, with less than 14% of the vote. Despite suffering a six-point swing against Labor, Albanese was elected with a comfortable 16-point margin.

In his maiden speech to the House of Representatives, he spoke about the building of a third runway at Sydney Airport, aircraft noise and the need to build a second airport to service Sydney, as well as his support for funding public infrastructure in general, multiculturalism, native title, the social wage and childcare. He concluded by saying, “For myself, I will be satisfied if I can be remembered as someone who will stand up for the interests of my electorate, for working-class people, for the labour movement, and for our progressive advancement as a nation into the next century.”

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In his first year in Parliament, he continued this theme, speaking in favour of the Northern Territory’s euthanasia legislation, the rights of the Indigenous community in the Hindmarsh Island bridge controversy, and entitlement to superannuation for same-sex couples.

This latter issue became a cause to which he was particularly dedicated. In 1998 he unsuccessfully moved a private member’s bill that would have given same-sex couples the same rights to superannuation as de facto heterosexual couples. Over the next nine years, he tried three more times without success, until the election of the Rudd Government in 2007 saw the legislation passed. Albanese subsequently turned his attention to campaigning for same-sex marriage.

Appointment to Shadow Cabinet

In 1998, Albanese was appointed a Parliamentary Secretary, a position that assists ministers and shadow ministers and is often a stepping stone to a full ministerial position.

In 2001 he was promoted to the opposition Shadow Cabinet, taking the portfolio of Ageing and Seniors. A 2002 reshuffle saw him become Shadow Minister for Employment Services and Training, and in 2004 he became Shadow Minister for Environment and Heritage. It was during this latter role that then-Prime Minister John Howard and Science Minister Brendan Nelson started raising the idea of nuclear power for Australia.

Albanese campaigned strongly against them, as well as elements within his own party, arguing, “Nuclear energy doesn’t add up economically, environmentally or socially, and after more than 50 years of debate, we still do not have an answer to nuclear proliferation or nuclear waste.”

In 2005, Anthony Albanese was given the additional role of Shadow Minister for Water alongside his existing responsibilities and was also appointed Deputy Manager of Opposition Business in the House. In December 2006, when Kevin Rudd first became Leader of the Labor Party, Albanese took over from Julia Gillard as Manager of Opposition Business in the House, a senior tactical role on the floor of the parliament, and was appointed Shadow Minister for Water and Infrastructure.

Cabinet Minister

Following Labor’s victory at the 2007 election, Albanese’s rise in standing within the party as evidenced by his appointment as Minister for Infrastructure and Transport, Minister for Regional Development and Local Government and Leader of the House of Representatives in the Rudd Ministry. Rudd was sworn in alongside his colleagues on 3 December 2007.

The Labor Party had gone to the election criticising the previous government for ignoring “long-term nation-building in favour of short-term political spending”. One of Albanese’s first moves as Minister for Infrastructure and Transport was the establishment of an independent statutory body, Infrastructure Australia, to advise the Government on infrastructure priorities. Armed with advice from this independent body and his own persuasive skills in the Cabinet, he was able to argue for a doubling of the roads budget and a tenfold increase in rail investment.

The establishment of Infrastructure Australia was regarded by many as a success; projects delivered through the Infrastructure Australia process included Melbourne’s Regional Rail Link, the Hunter Expressway, the Ipswich Motorway, the Gold Coast light rail system G: link, the Redcliffe Peninsula railway line, the extension of the Noarlunga Centre railway line to Seaford, South Australia and various projects along the Pacific Highway in NSW and Bruce Highway in Queensland.

Gillard Government

After Julia Gillard replaced Rudd as Prime Minister in June 2010 owing to a leadership spill, she retained Albanese in his roles. Following the 2010 election which resulted in a hung parliament, Albanese was a key player in negotiating the support of independent members Tony Windsor and Rob Oakeshott through his role of Leader of the House. Albanese was also responsible for managing legislation through the House in the first hung parliament since the 1940s.

In 2011, Albanese introduced two more major policy reforms. The first on urban planning drew on the work of Danish designer Jan Gehl and set out plans for urban design with better transport links and safety. The second, on shipping, was notable for gaining the approval of both the conservative Australian Shipowners Associations and the radical Maritime Union of Australia.

However, Anthony Albanese also attracted controversy when a convoy of trucks from North Queensland dubbed the “convoy of no confidence” descended on Canberra’s Parliament House to protest against rising fuel costs and carbon pricing. During question time, Albanese labelled the protesters outside as “the convoy of no consequence”. This caused outrage among supporters of the protest and a week later a public rally in support of the truckies was held outside Albanese’s electorate office in Marrickville.

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Following a series of poor polls, leadership instability descended again on the Labor Government. Former Prime Minister Kevin Rudd resigned as Minister for Foreign Affairs in February 2012 to challenge Julia Gillard. Shortly before the ballot, Albanese came out in support of Rudd, stating that he had always been unhappy with the manner of Rudd’s removal. He tearfully explained how he had offered his resignation as Leader of the House to the Prime Minister, but that she had refused to accept it, and called on Labor to cease leadership divisions and unify. In response to a question on his personal feelings around the leadership spill, he stated “I like fighting Tories. That’s what I do.”

Deputy Prime Minister of Australia

Albanese was sworn in as Deputy Prime Minister by Governor-General Quentin Bryce. In June 2013, Rudd defeated Gillard in a final leadership election. That same ballot saw Albanese elected by the caucus as Deputy Leader of the Labor Party, and the following day Albanese was sworn in as Deputy Prime Minister. He held this role until Labor’s defeat at the 2013 election and was replaced by Warren Truss on 18 September.

Return to Opposition

Following the defeat of Labor at the 2013 election, Albanese announced his candidacy to be Leader of the Labor Party, standing against Bill Shorten. Shorten was announced as the winner after a month-long contest that was the first to involve a combined vote of MPs and rank-and-file members. Although Albanese won comfortably among party members, Shorten held a greater lead among MPs, and was duly elected.

In October 2013, shortly after the leadership election, Shorten appointed Albanese Shadow Minister for Infrastructure and Transport and Shadow Minister for Tourism; he would hold these roles throughout Shorten’s time as leader. In September 2014, Albanese was given additional responsibility as the Shadow Minister for Cities.

Leader of the Opposition

Bill Shorten announced his resignation as Leader of the Labor Party on 18 May 2019, following Labor’s unexpected defeat in the 2019 election. The day after, Albanese announced his candidacy in the subsequent leadership election. On 21 May, Chris Bowen announced he would also contest the ballot; however, the next day, he announced his withdrawal, citing his lack of support among the party membership. With no other candidate stepping forward, Albanese took the leadership unopposed on 30 May, with Richard Marles as his deputy. Aged 56 when he took office, he is the oldest first-time Opposition Leader in 59 years, since Arthur Calwell (aged 63) took office in 1960.

Political views

Anthony Albanese has described his political views as progressive, and he is aligned with the Labor Left. He is in favour of a republican Australia and supports replacing the current constitutional monarchy.

Albanese is in favour of legalising voluntary euthanasia. He is a supporter and advocate for LGBT rights, and often participates in the annual Sydney Gay and Lesbian Mardi Gras. Albanese opposed holding a plebiscite for same-sex marriage, stating that “we shouldn’t be having a public vote where we get to judge other families”. In 2017, Albanese voted “Yes” to the Marriage Amendment (Definition and Religious Freedoms) Act 2017, which posed the question of if same-sex couples should be allowed to marry.

While serving in the Gillard Government, Albanese supported the introduction of carbon pricing, and voted, along with the rest of the Labor Party, to establish the Clean Energy Act 2011, which instituted a carbon pricing scheme in Australia. After the Abbott Government abolished the scheme in July 2014, Albanese stated that carbon pricing was no longer needed, as “the circumstances have changed”.

Anthony Albanese is a prominent backer of renewable energy, and has declared that Australia’s “long-term future lies in renewable energy sources”.


Albanese was injured in a side collision while driving in Marrickville, New South Wales, on 8 January 2021. He underwent treatment at Royal Prince Alfred Hospital and was reportedly “injured externally and internally and had suffered a considerable shock in the immediate aftermath of the impact”. The other driver was a 17-year-old teen who received a ticket for negligent driving. Emergency workers have told Albanese that if the teen’s car had hit just 30 centimetres on either side of where it did, Albanese “would almost certainly have been killed”.

In October 2009, The Sydney Morning Herald reported that Albanese had opposed an attempt to appoint the former Liberal Prime Minister John Howard to a senior position in the NRL. Albanese stated he had phoned the NRL chief executive, David Gallop, as well as other league officials, to advise them against the idea. He then implored officials at South’s to help stop the suggestion from gaining momentum. In 2013, he was made a life member of the club.


Anthony Albanese was married to Carmel Tebbutt, a future Deputy Premier of New South Wales, they had their wedding in 2000. They have one son, named Nathan. Albanese and Tebbutt separated in January 2019. In June 2020, it was reported that Albanese was in a new relationship, with Jodie Haydon.

Albanese describes himself as “half-Italian and half-Irish” and a “non-practising Catholic”. He is also a music fan who reportedly once went to a Pogues gig in a Pixies shirt and intervened as Transport Minister to save a Dolly Parton tour from bureaucratic red tape. In 2013, he co-hosted a pre-election special of music program Rage and his song selection included the Pixies and Pogues alongside the Smiths, the Triffids, PJ Harvey, Hunters & Collectors and Joy Division.

Anthony Albanese net worth

How much is Anthony Albanese worth? Anthony Albanese is estimated at around $10 million. His salary is around $415,000. He is one of the richest politicians in Australia. However, as a lifelong supporter of the South Sydney Rabbitohs, he was a board member of the club from 1999 to 2002 and influential in the fight to have the club readmitted to the National Rugby League competition.