The unlikely social media star owns a stake in a capital management firm that recently paid out £21m to its members
The unlikely social media star owns a 15 per cent stake in a capital management firm that recently paid out £21m to its members.
Jacob Rees-Mogg’s maintains a retro style
Jacob Rees-Mogg has poured cold water on the ‘Mogg-mania’ pushing him to become PM
Jacob Rees-Mogg has previously been spotted campaigning along with his childhood nanny, pictured
The North-East Somerset MP is one of 21 “members” who recently received a hefty dividend, investigation by the Sunday Times found.
And Somerset Capital Management, a company he co-founded before he was elected, paid out £5.9m to members in March, including Mr Rees-Mogg.
He still works 35 hours per month for the firm, which brings him in an extra £173,000 on top of his £74,000 a year MP salary.
He told the newspaper yesterday: “I will confirm that I receive a dividend from Somerset Capital Management, in addition to my salary for 35 hours’ work per month, which I declare.
“My dividend is private, that’s not something I have to declare”.
The MP – who has risen to fame after posting a series of witty and amusing photographs of his family on Instagram – has raked in approximately £4million since he was elected.
The Dad-of-six has recently welcomed baby Sixtus to the family.
Jacob Rees-Mogg posed for a photograph with his wife Helena and their six children
He said: “I’m not going to confirm any figure, but . . . I’ve never pretended I have no other income.
“I am fortunate to have a private income and it’s my business and I’m actually quite proud of it.”
Mr Rees-Mogg is reported to be mulling over a leadership bid – but has repeatedly denied he had ambitions for the top job.
Tory minister Jesse Norman said earlier this week the eccentric backbencher would be an “outstanding candidate”.
A superfan even got a TATTOO in support of him running to be the next PM – and Mr Rees-Mogg went on to invite him for tea in parliament.
The activist got a permanent tattoo of the Moggmentum logo
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