Mark Carney Net Worth

A Canadian economist Mark Carney is best known as the Governor of the Bank of England and the Chairman of the Financial Stability Board. He was honoured with the Order of Canada, the Knight of Malta, and the Freeman of the City of London. As of 2016, Carney’s total net worth is estimated to be over £3.5 million ($5 million). Media also informed about his monthly £11,000 housing allowance.

Mark Carney was born on March 16th, 1965, in Fort Smith, Canada. He has Irish and Canadian nationality and lives in London, where he moved from the Rockcliffe Park neighbourhood of Ottawa. Carney studied Economics at Harvard, where he gained his bachelor’s degree in 1988. Five years alter he finished his postgraduate studies at St Peter’s College.

For thirteen years he worked with Goldman Sachs in London, New York, Toronto, and Tokyo. Then he worked for three years as G7 deputy and senior associate deputy minister at the Canadian Department of Finance. From 2003 to 2004 he worked as Deputy Governor at the Bank of Canada, then as Governor from 2008 to 2013. He is also a member of several international organisations, such as the Bank for International Settlements’ Committee, the Group of Thirty, and the Blavatnik School of Government. During his studies on Oxford, Carney met his wife, a British economist Diana Fox. The couple has four daughters together.

In 2013, Carney was searching for a new real estate property to spend his housing allowance that came with his title of Bank of England Governor. The lavish sum of £11,000 was enough for him to rent an upscale house that’s worth £3 million. This semi-detached home is on a very prestigious address.