If you’re searching for Matt Hancock net worth in 2025, you’re likely looking for clear numbers, verified income sources, and honest analysis. Having followed UK politics closely and spoken with people who understand Westminster’s media dynamics, I’ve seen exactly how former ministers turn public exposure into long-term income. Matt Hancock is one of the clearest examples of this transformation.
From his time as Health Secretary to controversial TV appearances, book deals, and consultancy work, his financial journey is strategic and well-documented. When you look at the verified numbers, his estimated £5 million net worth in 2025 becomes easy to understand.
Before diving in, you can explore a detailed political timeline on BBC’s Matt Hancock topic page, which outlines his rise, controversies, and public reputation over the last decade.
Matt Hancock’s Net Worth in 2025
Most reliable sources place Matt Hancock’s net worth at around £5 million as of early 2025.
This is a significant increase from the £705,000–£2.1 million range reported before his transition into media and commercial roles.
This estimate is supported by:
- Multiple UK media publications
- Transparent political salary records
- Publicly reported TV earnings
- Documented book deals
- Consultancy and speaking fees
- Government pay history
How Matt Hancock Really Made His Money
When you understand the path he took, his £5 million net worth becomes easy to explain.
1. MP Salary and Ministerial Income (2013–2021)
Before his media career, Hancock earned a stable income through politics:
- Basic MP salary: £84,144
- Health Secretary salary uplift: £71,673
- Total ministerial earnings: approx. £155,817 per year
He held top government roles for nearly a decade, forming the base of his long-term financial stability.
2. Major Boost: Television Earnings
After stepping away from frontline politics, Hancock’s income grew significantly through TV:
I’m A Celebrity… Get Me Out Of Here! (2022)
- Reported fee: ~£400,000
- One of his largest single earnings
- Reintroduced him to mainstream audiences
Celebrity SAS: Who Dares Wins
- Estimated fee: ~£45,000**
These appearances repositioned him as a media figure rather than just a political name.
3. Book Deals & Publishing Revenue
Hancock released Pandemic Diaries, which generated:
- £48,000 from Daily Mail/Mail on Sunday serialisation
- Additional income from book sales and royalties
Political memoirs often perform well due to public interest, and his was no exception.
4. Consultancy, Speaking Fees & Media Work
After leaving government, Hancock developed a lucrative income stream from:
Corporate Speaking Engagements
Former ministers regularly earn:
- £10,000–£20,000 per speech
Media Commentary & Interviews
Regular rates:
- £3,000–£6,000 per appearance
Private Consultancy Contracts
Typical deals:
- £80,000–£150,000
These form a major part of his current annual income.
5. Pre-Politics Wealth Foundation
Before entering Parliament, Hancock worked as:
- An Economist at the Bank of England
- A housing market specialist
- Chief of Staff to George Osborne
These roles provided a strong financial foundation long before he became a public figure.
6. MP Expenses & Allowances (Indirect Savings)
MP expenses don’t directly increase net worth, but they reduce personal spending.
This includes:
- Office expenses
- Staff costs
- Travel allowances
- Accommodation expenses
His rent claim alone was reported at around £5,000 per month, allowing him to save more of his salary.
Matt Hancock’s Current Career (2025)
As of 2025, Hancock earns money from:
- Paid advocacy work around dyslexia
- Media appearances
- TV projects
- Corporate consultancy
- Public speaking
- Book promotions
He is now more active in the media and corporate sectors than in politics.
Income Summary
Active Income
- MP salary (until stepping down)
- TV appearances
- Media work
- Speaking engagements
- Consultancy contracts
- Book royalties
Past Income
- Ministerial salary
- Government roles
- Bank of England salary
One-Off Earnings
- I’m A Celebrity: £400,000
- Celebrity SAS: £45,000
- Daily Mail serialisation: £48,000
FAQs
What is Matt Hancock’s net worth in 2025?
Approximately £5 million, based on reliable media and income records.
How did Matt Hancock earn his money?
Through political roles, TV deals, consultancy, corporate speaking, and publishing.
How much did he earn from I’m A Celebrity?
Around £400,000, making it his most profitable single appearance.
Is Matt Hancock still paid as an MP?
Yes, he continues to receive his MP salary until he officially leaves the role.
Is Matthew Hancock a millionaire?
Yes — his earnings from TV, books, and consultancy place him well above the millionaire threshold.
Conclusion
Matt Hancock’s estimated £5 million net worth in 2025 is the result of a long combination of political income, high-paying TV appearances, book deals, and lucrative consulting work. His shift from Westminster to mainstream media shows how modern public figures can convert visibility — even controversial visibility — into significant earnings. Whether admired or criticised, his financial journey is a clear example of how political experience can evolve into a profitable second career.