Boris Johnson, the former foreign secretary and London mayor, was paid £94,507 (over $120,000 at the current GBP/USD exchange rate) by a top US asset management firm for a “speaking engagement” in November, it has transpired.
As detailed in the parliament’s register of MPs’ financial interests, Johnson was paid the hefty sum by GoldenTree Asset Management for two hours’ worth of work, in addition to having his travel and accommodation expenses covered.
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Johnson is paid around £77,000 (circa $100,000) per year for his MP duties, and he is also employed by the Daily Telegraph as a columnist, receiving almost £280,000 (around $360,000) for just over 100 hours of work per annum.
After resigning from his cabinet position earlier this year, following the Chequers Summit, Johnson has vocally criticized UK Prime Minister Theresa May’s Brexit strategy, and has been tipped as a successor to the PM.
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