Mark Field MP Net Worth 2023, Age, Wife, Children, Height, Family, Parents, Salary

Mark Field MP net worth

Read about former MP Mark Field net worth, age, wife, children, height, family, parents, salary, and party as well as other information you need to know.

Introduction

Mark Field is a British politician who served as the Member of Parliament (MP) for the Cities of London and Westminster from 2001 to 2019. A member of the Conservative Party, he served as a Minister of State at the Foreign and Commonwealth Office from 2017 to 2019. A prominent supporter of the United Kingdom remaining in the European Union during the Brexit referendum and of Jeremy Hunt in the 2019 Conservative Party leadership election, he left his post as a Foreign Office Minister when Boris Johnson’s premiership began. He stood down from the British House of Commons at the 2019 United Kingdom general election.

Early life

NameMark Field
Net Worth$5 million
OccupationPolitician
Age58 years
Height1.75m
Mark Field MP net worth

Mark Christopher Field was born on October 6, 1964 (age 58 years) at the British Military Hospital in Hanover, Germany. His father Peter (died 1991) was a major in the British Army and his mother Ulrike (née Peipe, died 2010) was of German origin. Field was educated at the state-funded grammar school, Reading School and St Edmund Hall, Oxford, where he graduated with a B.A. degree in Jurisprudence in 1987.

Field was secretary and national political officer of the Oxford University Conservative Association from 1985 to 1986, JCR president of St Edmund Hall in 1986, and was also news editor of the student newspaper Cherwell while it was under the editorships of Christina Lamb and Anne McElvoy. During his student days, Field set up a publishing firm after spotting a gap in the market for careers handbooks in the legal profession. He completed his education at The College of Law at Chester, qualifying as a solicitor in 1990.

Career

Mark Field became a personal assistant to the Conservative MP for Oxford West and Abingdon, John (now Lord) Patten whilst an undergraduate at Oxford University, before training as a solicitor and practicing as a corporate lawyer with Freshfields between 1990 and 1992. He then became a director of his own lawyer employment agency, Kellyfield Consulting from 1994 until 2001; the company employed a dozen staff and turned over almost £2 million pa. After being elected to Parliament he sold his share of that business to a consortium headed by his ex-business partner.

Field served as vice-chairman of the Islington North C onservative Association between 1989 and 1991 and unsuccessfully stood as one of the Conservative Party candidates in the Quadrant ward in the Islington Council election in 1990. He was elected as a Conservative councillor for Abingdon ward on Kensington and Chelsea London Borough Council in 1994, standing down in 2002 after entering the House of Commons.

He unsuccessfully contested the Conservative-held seat of Enfield North at the 1997 general election[ following the retirement of the sitting MP Tim Eggar. 1997 was the year of Labour’s parliamentary landslide and he was defeated at that election by Labour’s Joan Ryan by 6,822 votes. After leaving Parliament following the 2019 general election, Field was appointed as non-executive chairman of CIB Limited, a subsidiary of the Isle of Man-based investment bank Capital International Group in January 2020.

Political career

Mark Field was selected in December 1999 to contest the safe Conservative seat of the Cities of London and Westminster following the retirement of former Northern Ireland Secretary Peter Brooke at the 2001 general election. Field won the seat with a majority of 4,499 and was returned to Parliament with an increased majority three times since (2005 – 8,095; 2010 – 11,076; 2015 – 9,671). He was re-elected with a reduced majority at the 2017 general election. Field made his maiden speech in the House of Commons on 27 June 2001, when he declared his great political hero to be former Prime Minister Bonar Law.

Check Out: Thérèse Coffey net worth

Field was described by The Guardian as one of the most “hardline right-wingers” up for election in 2001 after comments he made in 1991 about charities fighting the AIDS epidemic were reported. Field criticized AIDS campaigns as a waste of taxpayers’ money and wanted mandatory tests for AIDS: “Many charitable trusts set up to help counter Aids in the mid-1980s became little more than a gay rights front”, he wrote in Crossbow in 1991. As a parliamentarian Mark Field, however, proved a strong supporter of equal rights. Within months of his election, in October 2001, he was one of four Tory MPs supporting a 10-minute rule bill on civil partnerships, a course he continued to support until it was on the statute books.

He was also one of the Conservative MPs to vote in favour of gay marriage when this became law in May 2013. He was appointed an Opposition Whip by Iain Duncan Smith in 2003, becoming the Shadow Minister for London later that year. Between May and December 2005, he was Shadow Financial Secretary to HM Treasury. For 11 months, from late 2005 to late 2006, he was the Conservative Party’s spokesman on Culture, Media and Sport under the new leadership of David Cameron in 2005. During his tenure, he guided Opposition policy on the National Lottery Act 2006 and promoted policy safeguarding lottery funds for its four original causes of the Arts, heritage, charities and sport. He also led opposition to Britain’s public library service.

In September 2010, Mark Field was appointed by the Prime Minister to the Intelligence and Security Committee, chaired by former Foreign Secretary, Sir Malcolm Rifkind. He became the youngest MP on this committee, which reports directly to 10 Downing Street and oversees the UK’s intelligence and security services. He takes a special interest in economic affairs, financial services, foreign trade and international development and is chairman of the All-Party Parliamentary Group on Venture Capital & Private Equity as well as vice-chairman of the Groups on Football and Bangladesh.

Mark Field previously served as chairman of the APPGs for Azerbaijan and Business Services. He has served on the Standing Committees of several pieces of legislation, including the Business Rates Supplements Act and the Finance Acts in 2008 and 2009. As a backbencher, Field introduced several high-profile debates on issues of local and national importance such as homelessness, Northern Ireland, Government debt, Heathrow airport, policing in London, social housing, home education and population estimates.

Field has run local campaigns on business rates, St Bartholomew’s Hospital, assisting the creative industries, the control of rickshaws in the West End, social housing rent rises, the independence of the City of London Police (including its fraud detection expertise) and, in July 2011, successfully argued in Parliament for the Department of Culture, Media and Sport’s continuing control of the Royal Parks. Field expressed criticism of the previous system governing MPs’ second home allowances: The Daily Telegraph’s investigation of MPs’ expenses found Field to be among the lower-end claimants.

Check Out: Nadine Dorries net worth

He has been a supporter of looser rules on MPs’ outside earnings and was quoted in 2001 as saying: “If you’re earning several hundred thousand a year in the City, are you going to give it up for £47,000 a year in the Commons?” In 2012, it was reported that the Independent Parliamentary Standards Authority (Ipsa) had plans to reform MPs’ pay, which could lead to them facing salary cuts for taking on second jobs. Field, who had earned £90,000 in the previous year through advisory work, called the proposals “totally unacceptable”, especially for MPs with London costs.

In October 2011, Field voiced opposition to Occupy London protestors camped in his constituency. He expressed concern that their “tent city” was turning into a “semi-permanent encampment” which was disrupting St Paul’s, a “key iconic tourist site” and place of worship. He suggested that police should clear the camp at night and later said: “While no one expects anti-capitalism to be a 24-hour activity, I would have hoped the protesters would show a little more respect for the sanctity of St Paul’s.” On 28 February 2012, after 137 days of occupation, Field’s initial recommendation became reality following a Court order when the site was cleared by the City of London Police in just 137 minutes.

In March 2014, Mark Field launched Conservatives for Managed Migration in order to spark a “calm and rational debate about migration both within and beyond the Conservative Party” before the 2015 General Election. Field asserted that the Coalition Government’s pledge to get “annual net migration down to the tens of thousands” was undeliverable, risked potential harm to the economy and could ultimately be electorally damaging to the Conservative Party. In March 2015, Field was sworn into the Privy Council of the United Kingdom, thereafter being accorded the honorific prefix of “The Right Honourable”.

Mark Field was appointed vice chairman (International) of the Conservative Party in July 2015 under the leadership of David Cameron and was reappointed to the role by Theresa May. The role involves chairing the Party’s International and Outreach Office which builds relationships with international sister parties on the center-right, works with the Westminster Foundation for Democracy to enhance democratic institutions and political party structures in the developing world, acts as a link between the Party and its MEP group through work with the Alliance of Conservatives and Reformists in Europe (ACRE), and engages in political outreach work with diaspora communities in the UK.

In 2016, Mark Field met Halbe Zijlstra, Leader of the Dutch People’s Party for Freedom and Democracy in the House of Representatives, who had made a series of controversial comments about immigrants and political correctness. It was argued that Field’s role as vice chairman of the Conservative Party also includes liaising with sister center-right parties in Europe. On 13 June 2017, he was appointed a Minister of State at the Foreign and Commonwealth Office.

At the FCO his formal responsibilities included: Asia, Australasia/Pacific, Communications (public diplomacy and scholarship), British Council, Economic Diplomacy (including international energy strategy; climate change; OECD relationship; fintech/cyber and the illegal wildlife trade), FCO Services Overseas and the Prosperity Fund (as FCO representative on the Ministerial board). His work on climate change has included representing the UK government at December 2018’s COP24 UN Climate Change Conference in Katowice, Poland as well as the San Francisco Climate Summit and PIF in Nauru earlier that year.

Mark Field promoted UK expertise across Asia in green finance, renewables, carbon capture utilization and storage, and electric vehicle technology. On 20 June 2019, Greenpeace accused Field of assault, after an activist who interrupted Chancellor of the Exchequer Philip Hammond’s Mansion House Speech was grabbed by the neck, pinned against a wall and then pushed out of the event by Field. Field said he reacted “instinctively” and referred himself to the Cabinet Office for an investigation. He apologized to the activist for “grabbing her” and said he was worried she might have been armed.

As a result of the incident, he was suspended as a minister on 21 June, while investigations took place. The City of London Police reviewed the events and declared that it would be taking no further action because Field was a member of parliament. When Boris Johnson became prime minister in July 2019, Field was dropped from his ministerial role at the Foreign Office as part of a cabinet reshuffle. The Whitehall investigation was closed, as he felt that it was a “matter for the previous PM concerning his conduct during his time as a minister under her appointment”.

In October 2019, he announced that he would stand down from Parliament at the next general election, citing disagreement with government policy over Brexit. A Cabinet Office investigation into the assault allegation, published in December 2019, concluded that he had breached the ministerial code but that he would not receive any sanction as Field was no longer in Parliament. His first book, Between the Crashes, brings together his articles on UK politics and global economics following the aftermath of the financial crisis and was released by Biteback Publishing in April 2013.

Check Out: Liz Truss net worth

His second book, The Best of Times looks at the challenges and triumphs in British politics, economics and foreign affairs in the period 2013 to 2015 and was released by Biteback Publishing in May 2016. The books were co-authored with future MP Julia Lopez who was his chief of staff at the time. Field has been a regular panelist on BBC Radio 4’s Westminster Hour and has appeared on various other BBC television programs, including Daily Politics, Sunday Politics and Newsnight, ITV’s Late Debate (a panelist from 2009) and Sky News as a newspaper reviewer. He has made contributions to the political blog, ConservativeHome, particularly on economic matters. He has written for The Daily Telegraph and City AM, and wrote an article for The Independent about the Christian minority in Syria.

Wife

Mark Field is currently married to his second wife Victoria Elphicke, they had their wedding in 2007. His wife is a celebrity agent and they have two children. His first wife was former investment banker Michele Acton; they married in 1994. Field and Michele divorced in 2006. However, he had an extra-marital affair between 2004 and 2005 with Liz Truss, who was also married; the Conservative Party had appointed him as her political mentor at the time. As of early 2023, Mark Field and his wife Victoria Elphicke are still married and living a happy life with their children.

Mark Field MP net worth

How much is Mark Field MP worth? Mark Field MP net worth is estimated at around $5 million. His main source of income is from his primary work as a politician. Mark Field’s salary per month and other career earnings are over $400,000 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 the United Kingdom. Mark Field who is an MP stands at an appealing height of 1.75m and has a good body weight which suits his personality.