Read the complete write-up of Gordon Brown net worth, age, wife, children, height, family, parents, salary, party, politics as well as other information you need to know.
Gordon Brown is a British politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 to 2010. He served as Chancellor of the Exchequer in the Blair government from 1997 to 2007. Brown was a Member of Parliament (MP) from 1983 to 2015, first for Dunfermline East and later for Kirkcaldy and Cowdenbeath.
Brown is the most recent Labour politician as well as the most recent Scottish politician to hold the office of Prime Minister. A doctoral graduate, Brown read history at the University of Edinburgh, where he was elected Rec tor in 1972. He spent his early career working as both a lecturer at a further education college and a television journalist. He entered the British House of Commons in 1983 as the MP for Dunfermline East.
He joined the Shadow Cabinet in 1989 as Shadow Secretary of State for Trade and was later promoted to become Shadow Chancellor of the Exchequer in 1992. After Labour’s victory in 1997, he was appointed Chancellor of the Exchequer, becoming the longest-serving holder of that office in modern history. Brown’s tenure as Chancellor was marked by major reform of Britain’s monetary and fiscal policy architecture, transferring interest rate setting powers to the Bank of England, by a wide extension of the powers of the Treasury to cover much domestic policy and by transferring responsibility for banking supervision to the Financial Services Authority.
Brown presided over the longest period of sustained economic growth in British history, but this became increasingly dependent on mounting debt, and part of this growth period started under the preceding Conservative government in 1993. He outlined five economic tests which resisted the UK from adopting the euro currency. Controversial moves included the abolition of advance corporation tax (ACT) relief in his first budget, the sale of UK gold reserves from 1999 to 2002, and the removal in his final budget of the 10% “starting rate” of personal income tax which he had introduced in 1999.
In 2007, Tony Blair resigned as Prime Minister and Labour Leader, and Gordon Brown was elected unopposed to replace him. Brown’s government introduced rescue packages in 2008 and 2009 to help keep the banks afloat during the global financial crisis, and as a result, the United Kingdom’s national debt increased dramatically. The Government took majority shareholdings in Northern Rock and Royal Bank of Scotland, both of which experienced severe financial difficulties, and injected large amounts of public money into several other banks, including Lloyds Banking Group, which was formed through the acquisition of HBOS by Lloyds TSB in 2009.
In 2008, Brown’s government passed the world’s first Climate Change Act and introduced the Equality Act in 2010. Despite initial rises in opinion polls after Brown became Prime Minister, Labour’s popularity declined with the onset of the Great Recession, leading to poor results in the local and European elections in 2009. In the 2010 general election, Labour lost 91 seats, the party’s biggest loss of seats in a single general election since 1931, resulting in a hung parliament in which the Conservatives were the largest party. After the Conservative Party formed a coalition government with the Liberal Democrats, Brown was succeeded as Prime Minister by David Cameron. Brown later played a prominent role in the campaign to maintain the union during the 2014 Scottish independence referendum.
|Net Worth||$15 million|
|Occupation||Former Prime Minister of UK|
James Gordon Brown HonFRSE was born on February 20, 1951 (age 71 years) at the Orchard Maternity Nursing Home in Giffnock, Renfrewshire, Scotland. His father was John Ebenezer Brown (1914–1998), a minister of the Church of Scotland and a strong influence on Brown. His mother was Jessie Elizabeth “Bunty” Brown (née Souter; 1918–2004); she was the daughter of John Souter, a timber merchant. The family moved to Kirkcaldy – then the largest town in Fife, across the Firth of Forth from Edinburgh – when Gordon was three. Brown was brought up there with his elder brother John and younger brother Andrew in a manse; he is therefore often referred to as a “son of the manse”, an idiomatic Scottish phrase.
Gordon Brown was educated first at Kirkcaldy West Primary School where he was selected for an experimental fast-stream education programme, which took him two years early to Kirkcaldy High School for an academic hothouse education taught in separate classes. Aged 16, he wrote that he loathed and resented this “ludicrous” experiment on young lives.
Brown was accepted by the University of Edinburgh to study history at the same early age of 16. During an end-of-term rugby union match at his old school, he received a kick to the head and experienced a retinal detachment. This left him blind in his left eye, despite treatment including several operations and weeks spent lying in a darkened room. Later at Edinburgh, while playing tennis, he noticed the same symptoms in his right eye. Brown underwent experimental surgery at the Edinburgh Royal Infirmary and his right eye was saved by a young eye surgeon, Hector Chawla.
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He graduated from Edinburgh with an undergraduate MA degree with First-Class Honours in history in 1972. He stayed on to obtain his Ph.D. degree in history, which he gained ten years later in 1982, defending a thesis titled The Labour Party and Political Change in Scotland 1918–29. In his youth at the University of Edinburgh, Brown was involved in a romantic relationship with Margarita, Crown Princess of Romania. Margarita said about it: “It was a very solid and romantic story. I never stopped loving him but one day it didn’t seem right anymore, it was politics, politics, politics, and I needed nurturing.” An unnamed friend of those years is quoted by Paul Routledge in his biography of Brown as recalling: “She was sweet and gentle and obviously cut out to make somebody a very good wife. She was bright, too, though not like him, but they seemed made for each other.”
In 1972, while still a student, Brown was elected Rector of the University of Edinburgh, the convener of the University Court. He served as Rector until 1975, and also edited the document The Red Paper on Scotland.
Gordon Brown was employed as a lecturer in politics at Glasgow College of Technology from 1976 to 1980. He also worked as a tutor for the Open University. In the 1979 general election, Brown stood for the Edinburgh South constituency, losing to the Conservative candidate, Michael Ancram. From 1980, he worked as a journalist at Scottish Television, later serving as current affairs editor until his election to Parliament in 1983.
Gordon Brown became the Prime Minister of the United Kingdom on 27 June 2007. He was succeeded by Alistair Darling as Chancellor the following day. Like all modern Prime Ministers, Brown concurrently served as the First Lord of the Treasury and the Minister for the Civil Service and was a member of the Cabinet of the United Kingdom. Until his resignation from the post in May 2010, he was the Leader of the Labour Party. He was a Member of Parliament for the constituency of Kirkcaldy and Cowdenbeath until he stepped down in 2015.
Brown was the sixth post-war Prime Minister, of a total of 13, to assume the role without having won a general election. Brown was the first Prime Minister from a Scottish constituency since the Conservative Sir Alec Douglas-Home in 1964. Not all British prime ministers have been university graduates, but, of those that were, Brown was one of only five that had not attended either Oxford or Cambridge.
He proposed moving some traditional prime ministerial powers conferred by royal prerogative to the realm of Parliament, such as the power to declare war and approve appointments to senior positions. Brown wanted Parliament to gain the right to ratify treaties and have more oversight into the intelligence services. He also proposed moving some powers from Parliament to citizens, including the right to form “citizens’ juries”, easily petition Parliament for new laws, and rally outside Westminster.
He asserted that the attorney general should not have the right to decide whether to prosecute in individual cases, such as in the loans for peerages scandal. There was speculation during September and early October 2007 about whether Brown would call a snap general election. Indeed, the party launched the Not Flash, Just Gordon advertising campaign, which was seen largely as pre-election promotion of Brown as Prime Minister; however, Brown announced on 6 October that there would be no election any time soon – despite opinion polls showing that he was capable of winning an election should he call one. This proved to be a costly mistake, as during 2008 his party slid behind the Conservatives (led by David Cameron) in the polls. Disputes over political donations, a string of losses in local elections, and by-election losses in Crewe and Glasgow did himself and the government no favours either.
His political opponents accused him of being indecisive, which Brown denied. In July 2008 Brown supported a new bill extending the pre-charge detention period to 42 days. The bill was met with opposition on both sides of the House and backbench rebellion. In the end, the bill passed by just 9 votes. The House of Lords defeated the bill, with Lords characterizing it as “fatally flawed, ill-thought through and unnecessary”, stating that “it seeks to further erode fundamental legal and civil rights”.
Gordon Brown was mentioned by the press in the expenses crisis for claiming for the payment of his cleaner; however, no wrongdoing was found and the Commons Authority did not pursue Brown over the claim. Meanwhile, the Commons Fees Office stated that a double payment for a £153 plumbing repair bill was a mistake on their part and that Brown had repaid it in full.
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While Prime Minister, Brown spent some of his spare time at Chequers, the house often being filled with friends. The Browns have entertained local dignitaries like Sir Leonard Figg. Brown is also a friend of Harry Potter author J. K. Rowling, who says of Brown: “I know him as affable, funny and gregarious, a great listener, a kind and loyal friend.”
Brown is a strong supporter of the NHS, partly due to both the experimental surgery that saved the sight in his right eye after his retina became detached and the care he and Sarah Brown received when their premature firstborn baby died. It has been suggested that visual difficulties have contributed to Brown’s supposed antisocial nature and awkward public manner. For example, both on a podium and before a camera, while reading “he needs to look slightly to one side of the paper to focus; when speaking to an audience or into a camera lens, he must remember to correct what would normally be an automatic tendency to look slightly askew to see clearly with his good eye”.
Brown’s papers were prepared in capital letters and in extremely large type, resulting in his stack of papers at the dispatch box being noticeably bulky due to fewer words per page. Former staffers often attributed Brown’s outbursts of temper in Downing Street to his frustration with his visual limitations. Nevertheless, it is noted that he has never allowed these limitations to hold him back and in fact attributed them to the shaping of his political character.
Gordon Brown is a son of a Church of Scotland minister, he has talked about what he calls his “moral compass” and of his parents being his “inspiration”. He has, at least ostensibly, been keen to keep his religion a private matter. According to The Guardian, he is a member of the Church of Scotland.
Gordon Brown’s early girlfriends included journalist Sheena McDonald and Princess Margarita, the eldest daughter of exiled King Michael of Romania. However, Brown has two brothers, John Brown and Andrew Brown. Andrew Brown has been Head of Media Relations in the UK for the French-owned utility company EDF Energy since 2004. Brown is also the brother-in-law of environmental journalist Clare Rewcastle Brown; he wrote a piece for The Independent supporting Clare’s current environmental efforts on behalf of Sarawak.
Gordon Brown is married to his longtime wife Sarah Macaulay, they had a private wedding ceremony at his home in North Queensferry, Fife, on 3 August 2000. Their daughter, Jennifer Jane Brown, was born prematurely on 28 December 2001; she died on 7 January 2002, one day after experiencing a brain hemorrhage. The couple has two sons, John Macaulay Brown (born 17 October 2003) and (James) Fraser (born on 18 July 2006). His wife Sarah Brown rarely made official appearances, whether with or without her husband. She is a patron of several charities and has written articles for national newspapers related to this. At the 2008 Labour Party Conference, Sarah caused surprise by taking to the stage to introduce her husband for his keynote address. Since then her public profile has increased.
Son health issues
In November 2006, Fraser Brown was diagnosed with cystic fibrosis. The Sun had learned of the situation in 2006 and published the story. In 2011, Brown stated he had wanted the details of his son’s condition kept private and that the publication had left him “in tears”. The Sun said they approached Brown and that discussion occurred with his colleagues who provided quotes to use in the article.
Gordon Brown net worth
How much is Gordon Brown worth? Gordon Brown net worth is estimated at around $15 million. His main source of income is from his career as a politician who served as Prime Minister of UK. Brown salary with other career earnings is over $3 million+ annually. His successful career has earned him some luxurious lifestyles and some fancy trips. He is one of the richest and influential politicians in the United Kingdom. Brown is a noted supporter of Kirkcaldy-based football club Raith Rovers and has written articles about his relationship with the club.