Tuesday 23 July 2019 7:19 pm

What is PM Boris Johnson worth? More than £300,000 in City donations

Newly-elected Tory party leader Boris Johnson collected over £300,000 in donations from City and business figures in the build-up to his campaign to be the next Prime Minister.

Johnson, who received over 90,000 votes in the Tory leadership election, will be appointed Prime Minister tomorrow after Theresa May hands in her resignation.

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Among the notable donors were Peter Cruddas, the chief executive of spreadbetting firm CMC Markets, who sent Johnson £50,000 in early June, and former Metro Bank director James Reuben, who also gifted £50,000 between May and June.

IPGL, the personal investment company of Nex Group founder and former Tory party treasurer Michael Spencer, donated £20,000.

Fund manager Charles Montanaro sent Johnson £8,000, and Alex Wilmot-Sitwell, the son of financier Peter Wilmot-Sitwell who has held roles at Bank of America Merrill Lynch and UBS, donated £5,000.

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Sheila Noakes, a non-executive director at RBS and a member of the House of Lords, donated £5,000 in May this year.

Long time Tory donor and founder of the hedge fund SRM Global Jon Wood gifted £25,000 to Johnson in May, and Jon Moynihan, the chair of Ipex Capital, donated £100,000 to the former foreign secretary’s campaign in June.

Robin Birley, who owns the elite private members’ club 5 Hertford Street, sent £20,000 to Johnson in June.

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Amit Bhatia, the Indian businessman and chairman of Queens Park Rangers made a donation of £10,000 last month, as did Rosemary Said, the wide of Saudi businessman Wafic Said.

Details of Johnson’s donations this year are listed in MPs declaration of financial interests.

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