Liz Truss has been elected as the leader of the Conservative Party, and as a result, the new Prime Minister of the United Kingdom.
The new PM will take over Number 10 Downing Street tomorrow, after beating out her opponent, former finance minister Rishi Sunak by ~20, 000 votes.
She had been the Secretary of State for Foreign, Commonwealth, and Development Affairs since September last year. Shortly after Boris Johnson announced his resignation, Truss declared her candidacy for the Prime Minister’s Office.
There are conflicting reports as to how much Truss is worth. A report from MoneyTransfers.com shows that she is worth £ 8.4 million (~$10 million). Another report puts her net worth at anything between $1 million to $ 1.5 million.
Truss met her husband, Hugh O’Leary, while working for Shell and they married in 2000. Between 2004 and 2005, Truss engaged in an extra-marital affair with her political mentor MP Mark Field. Her marriage survived the affair. Truss and O’Leary have two daughters.
Prior to her entry into politics, Truss was an accountant for Shell, a British multinational oil and gas company. She first ran for office in 2006, when she was elected as a Counselor in Greenwich. She eventually worked her way up the ranks and by 2010, became a Conservative Member of Parliament for South West Norfolk.
Truss has been in the House of Commons since 2010, following which she began taking up ministerial positions. Between 2012 and 2014, she served as the Parliamentary Under-Secretary of State at the Department for Education. She was then appointed as the Environment Secretary between 2014 and 2016. Soon after, she was named the Justice Secretary for a year by then-PM Theresa May. In 2017, she was appointed the Chief Secretary to the Treasury until 2019, when she was given the office of the International Trade Secretary when Boris Johnson came to power.