Read about Greg Hands net worth, age, wife, children, height, family, parents, salary, politics as well as other information you need to know.
Introduction
Greg Hands is a British politician serving as Member of Parliament (MP) for Chelsea and Fulham, previously Hammersmith and Fulham, since 2005. A member of the Conservative Party, Hands served as Minister of State for Business, Energy and Clean Growth from 2021 to 2022 and as Minister of State for Trade Policy from 2016 to 2018 and again from 2020 to 2021. Greg Hands has been MP for Chelsea and Fulham since 2010; the constituency was created that year by the splitting of the former constituencies of Kens ington and Chelsea and Hammersmith and Fulham. Prior to these boundary changes, he served as the member of Parliament for the Hammersmith and Fulham constituency from 2005 to 2010.
Hands served in Prime Minister David Cameron’s Cabinet as Chief Secretary to the Treasury from 2015 until 2016. He voted for the UK to remain in the European Union (EU) during the 2016 Brexit referendum. Following the 2016 referendum vote to leave the EU and Cameron’s consequent resignation, Hands was demoted by newly appointed Prime Minister Theresa May to a junior ministerial position at the Department for International Trade. Following the 2017 general election, Hands retained his position as Minister of State for Trade and Investment but also undertook the Minister for London role, replacing Gavin Barwell who lost his seat.
He resigned in 2018, citing his opposition to the proposed expansion of Heathrow Airport, but returned to the position as Minister of State for Trade Policy in February 2020 under Prime Minister Boris Johnson. In September 2021, he was appointed Minister of State for Business, Energy and Clean Growth. On 6 September 2022, new Prime Minister Liz Truss removed him from that position and he returned to the backbenches.
Early life
| Name | Greg Hands |
| Net Worth | $3 million |
| Occupation | Politician |
| Age | 56 years |
| Height | 1.74m |
Gregory William Hands was born on November 14, 1965 (age 56 years) in New York, New York City, United States. He is the son of British parents. He lived in the United States until he was seven years old and his family moved back to the UK. He was educated at state schools in England, and according to his website, “the family was constantly on the move, due to the Labour Government of 1974–1979 closing down grammar schools”.
Hands completed his secondary education at Dr Challoner’s Grammar School, Amersham in 1984.nDuring his gap year he worked in a swimming pool in Berlin, and became interested in the Eastern Bloc, visiting Prague and other Eastern European cities on future holidays. However, During the 2020 COVID-19 pandemic, Hands said that his father, Edward Hands, had died with Coronavirus in a UK care home.
He went on to attend Robinson College, Cambridge, where he graduated with a first in Modern History in 1989. He joined the Conservative Party as a student, served as the chairman of the Cambridge University Conservative Association, and was on the Executive Committee of the Cambridge University Students’ Union. Greg Hands spent eight years after university in banking. He worked on trading floors in derivatives at the City of London and New York City until 1997.
Political career
Greg Hands was elected as a councillor in the London Borough of Hammersmith and Fulham in 1998. He became the leader of the Conservative group in 1999, remaining in that capacity until 2003. Hands stood down as councillor for the Town ward in Fulham at the local elections in 2006, having been elected to the House of Commons at the 2005 general election when he gained Hammersmith and Fulham from the Labour Party with a majority of 5,029 votes. The sitting Labour MP Iain Coleman retired due to ill-health, and was replaced as Labour’s candidate by Melanie Smallman. During March 2010, the Daily Mirror reported that Lord Ashcroft donated over £42,000 to fund Hands’ 2005 campaign in Hammersmith and Fulham.
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Hands made his maiden speech on 26 May 2005, in which he referred to the fact that the BBC was the largest employer in his constituency, and that Hammersmith Broadway w as the busiest road interchange in Europe. Greg Hands was early in his interest in the subject of MPs expenses, causing the whips to attempt to dissuade him.
In 2007, Hands was selected to be the Conservative candidate for the new Chelsea and Fulham parliamentary constituency. His previous seat of Hammersmith and Fulham was abolished for the 2010 general election, with Hammersmith having its own seat (being fought by Shaun Bailey for the Conservatives), and Fulham joining Chelsea in a new seat. In January 2009, Hands was appointed to the Conservative front bench team as a shadow Treasury minister.
Greg Hands is also the Parliamentary chairman of Conservative Friends of Poland. Having been elected in 2010 for Chelsea and Fulham, he served as Parliamentary Private Secretary to the chancellor of the exchequer George Osborne, having shadowed the Treasury in opposition. On 14 October 2011, Hands was appointed as an assistant government whip in the House of Commons as a consequence of the mini-reshuffle following the resignation of Liam Fox as Secretary of State for Defence.
In 2013, Hands voted in favour of legalising same-sex marriage in England and Wales. In May 2015, following the Conservatives’ general election win under the stewardship of David Cameron, Hands was promoted by him to the position of Chief Secretary to the Treasury and thus the Cabinet. He was made a privy councillor in the process.
Greg Hands campaigned for the UK to remain in the European Union in the 2016 referendum vote to leave the European Union. In the lead-up to the referendum, Hands led the Chelsea and Fulham Britain Stronger In Europe campaign. During the campaign, Hands issued warnings of the consequences for the UK should it leave the European Union, saying that the country would face “profound consequences” including “fewer jobs, higher prices in our shops and less money for our public services like the NHS”. A strong advocate of international trade, he asserted that the European Union’s Single Market as being the “most complete commitment to free trade that exists”.
In the 2016 reshuffle following the EU referendum and Theresa May’s appointment as Prime Minister, he was made Minister of State for Trade Policy at the newly formed Department for International Trade. Following the referendum, Hands argued that the UK should leave the European Union with a deal. To justify his changed position regarding the UK outside of the European Union, Hands argued that in “the long term” the UK could “independently conclude better contracts with third countries”.
Greg Hands voted against the Withdrawal Agreement in the first Meaningful Vote, but voted in favour of it in the second and third meaningful votes, stating that the deal had been improved. Following the Grenfell Tower fire which killed 71 people, Hands called for the Notting Hill Carnival to be moved. He said, “We have to ask ourselves if it is appropriate to stage a Carnival in the near proximity of a major national disaster.” Event organisers and the Labour MP for Kensington rejected his suggestion.
Justice4Grenfell coordinator Yvette Williams stated, “The Carnival route does not go near Grenfell and I’m failing to find the link between the Grenfell Tower fire and Carnival.” The mayor of London, Sadiq Khan, dismissed Hands’ proposal. On 21 June 2018, Hands resigned his ministerial post to vote against a third runway at Heathrow Airport. Following the third defeat of the Brexit withdrawal agreement in the House of Commons in March 2019, Hands co-chaired the Prosperity UK Alternative Arrangements Commission. This body looked at alternatives to the Irish backstop.
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Alongside former neighbouring MPs Justine Greening and Zac Goldsmith, Hands has been critical of the London Borough of Hammersmith and Fulham’s April 2019 decision to close Hammersmith Bridge to motor vehicles, and has called for the bridge to be promptly repaired and re-opened. During the 2019 Conservative Party leadership election, Hands was one of the first MPs to declare their support for Jeremy Hunt. During the campaign, Hands wrote to Boris Johnson requesting that he review the Government’s decision to build a third runway at Heathrow Airport. Greg Hunt ultimately lost the contest to Johnson in the final round.
Greg Hands was re-elected as MP for Chelsea and Fulham at the 2019 general election. Hands was appointed Minister of State for Trade Policy in the second Johnson ministry during the 2020 cabinet reshuffle. In May 2020, Parliament’s Standards and Privileges Committee censured Hands for misusing public funds relating to stationery and pre-paid House of Commons envelopes. In November 2021, Hands followed his party three line whip to vote to overhaul the Standards and Privileges Committee.
Wife
Greg Hands is married to Irina Hundt, they had their wedding in England. His wife is a German and they have two children together. However, Hands has dual American/British nationality. He lives in Fulham with his German wife Irina, and their son and daughter. Hands says that he speaks five European languages, including German and Czech. He is a member of the Romanian Orthodox Church. Hands supports Plymouth Argyle and has appeared as a guest at supporters’ association events. As of mid-2022, Greg Hands and his wife Irina Hundt are still married.
Greg Hands net worth
How much is Greg Hands worth? Greg Hands net worth is estimated at around $3 million. His main source of income from his career as a politician. Greg Hands’s salary per month with other career earnings is over $450,000 dollar annually. He is one of the richest and most influential politicians in the United Kingdom. His remarkable achievements have earned him some luxurious lifestyles and some fancy trips. Greg Hands stands at an appealing height of 1.74m and has a good body weight which suits his personality.