Mel Stride Net Worth in 2025: Salary, Assets & Political Career Breakdown

Explore Mel Stride’s net worth in 2025, including his MP and ministerial salary, business earnings, property assets, and how he compares to other UK politicians. Get verified facts, charts, and updates on his career and financial standing.

Jul 24, 2025 - 13:20 Updated: Aug 2, 2025 - 13:06

Mel Stride Net Worth in 2025: Salary, Assets & Political Career Breakdown

Mel Stride is a well-known British politician who has served in many important roles in the UK government, including his current post as Secretary of State for Work and Pensions. As a Member of Parliament for Central Devon since 2010, he has built a long and steady political career. Many people are curious about his income, background, and how much money he has made from public service and past business ventures. His role in shaping welfare and financial policy makes him one of the key figures in UK politics today. From working in publishing before politics to chairing big committees like the Treasury Select Committee, Mel Stride has done a lot in the public eye. In this article, we are going to look at his job history, official salary, other income sources, and how all of that adds up to his net worth.

Biography

Image source: upload.wikimedia.org

Full Name	Melvyn John Stride
Date of Birth	30 September 1961 (Age: 63 in 2025)
Nationality	British
Profession	Politician, Former Businessman
Known For	Secretary of State for Work and Pensions
Political Party	Conservative Party
Education	Oxford University (PPE), Portsmouth Grammar School
Marital Status	Married
Constituency	Central Devon (MP since 2010)
Estimated Net Worth	£1 million and £2 million.

Mel Stride’s Early Life and Education

Image source: holyrood.com

Mel Stride was born on 30 September 1961 and grew up in the UK. He went to Portsmouth Grammar School, a well-regarded independent school, and later studied Philosophy, Politics, and Economics (PPE) at Oxford University. While at Oxford, he was the President of the Oxford Union, a debating society known for producing future political leaders. His early education played a big part in shaping his future political journey.

Before entering politics, he started his own business in publishing. This gave him useful experience in managing money, people, and communication—skills that later helped in his political career. His background also makes him different from many other politicians who went straight into politics without working in business first. This early success in publishing may have added to his personal wealth, even before becoming an MP.

Mel Stride’s Political Career Timeline

Image source: static.independent.co.uk

Mel Stride became a Conservative MP for Central Devon in 2010. From there, he moved up quickly through different government roles. Here’s a short overview of his key political jobs:

2010–2015: PPS (Parliamentary Private Secretary) to several ministers
2016–2019: Financial Secretary to the Treasury
2019–2022: Chair of the Treasury Select Committee
2022–present (2025): Secretary of State for Work and Pensions

His role as Chair of the Treasury Select Committee gave him major influence over UK economic policy. As Work and Pensions Secretary, he is now responsible for issues like pensions, welfare, and job support programmes. These are big jobs with national impact. His long presence in key financial and welfare roles has helped him gain public trust—and a steady income from government salaries.

Check this out: Surrons on Finance in the UK (2025 Guide): How to Buy an Electric Bike in Easy Instalments

How Much Is Mel Stride’s Salary in 2025?

Image source: politics.co.uk

As of 2025, Mel Stride’s base salary as an MP is around £91,346 per year. On top of this, cabinet ministers earn an extra ministerial salary. According to UK Parliament records, secretaries of state earn an added £71,673 annually. This brings his total public salary to approximately £163,019 per year in 2025.

Summary Table: Mel Stride's 2025 Salary Breakdown

Role	Annual Salary (2025)
Member of Parliament (MP)	£91,346
Secretary of State for DWP	£71,673
Total Estimated Salary	£163,019

These figures are publicly available and updated yearly by the UK government. This salary puts him among the higher-paid public officials, but still far below private-sector executives. He also earns small additional amounts through speaking at events and writing articles, according to parliamentary records.

Mel Stride’s Business Interests and Other Income

Image source: melstridemp.com

Before entering politics, Mel Stride ran a publishing business called Venture Marketing Group. The company was successful in the events and exhibitions sector. He sold his interest in the company before becoming a full-time MP. While no exact figures are publicly available for the sale, such businesses often earn their owners hundreds of thousands of pounds, depending on size and profit.

Stride has declared in the Register of Members’ Financial Interests that he holds no ongoing business interests as of 2025. However, past business profits and investments may still contribute to his total wealth. MPs must declare gifts, income, and outside earnings, and Mel Stride’s declarations remain limited, suggesting he does not actively earn from outside jobs.

Mel Stride’s Real Estate and Property Holdings

Image source: melstridemp.com

According to official records and media sources, Mel Stride owns property in the UK. While specific addresses are not disclosed for privacy reasons, many MPs own homes both in London and in their constituencies. Based on average UK property prices and his long career, it is likely that Mel Stride owns at least one property worth over £500,000, especially if located in London or Devon.

This ownership adds to his net worth. He has no declared rental income in the MPs' register, so his properties may be for personal use rather than investment. Still, rising UK property values over the past 15 years likely increased the value of any home he bought earlier in his career.

Mel Stride Net Worth in 2025: Best Estimate

Image source: telegraph.co.uk

While Mel Stride’s exact net worth is not published officially, we can make a reasonable estimate based on his known salaries, business background, and property holdings.

Estimated Net Worth Breakdown (2025):

Asset Type	Estimated Value
Publishing Business Earnings	£300,000–£500,000
Salary Savings (2010–2025)	£700,000–£1,000,000
Property Assets	£500,000–£800,000
Other Investments/Savings	£100,000–£200,000
Estimated Net Worth (2025)	£1 million and £2 million.

This figure is an estimate based on public records, salary data, and typical asset growth. It places Mel Stride net worth in the £1 million and £2 million range, which is average for senior UK cabinet ministers.

How Mel Stride Compares to Other UK Politicians

Image source: middevonadvertiser.co.uk

Mel Stride’s wealth is close to other long-serving MPs and ministers. For example:

Politician	Estimated Net Worth
Rishi Sunak	£640 million
Keir Starmer	£7 million and £15 million
Jeremy Hunt	around £14 million
Mel Stride	£1–2 million

While Stride is not in the top tier of wealthy UK politicians, he has a solid financial background built on a mix of business success and public service. His more modest public profile and lack of recent business involvement keep his wealth relatively stable.

You might like: AXA Framlington Global Technology Fund Review 2025 | Returns, Fees & How to Invest

Public Trust, Policies, and Financial Transparency

Image source: image.chitra.live

Mel Stride is known for being serious and disciplined in public service. As the Secretary of State for Work and Pensions, he oversees benefits like Universal Credit, pensions, and disability support. His decisions impact millions of UK citizens.

He is also seen as one of the more transparent MPs when it comes to financial matters. His entries in the Register of Interests are clear, and he avoids controversy. This builds public trust and shows that his net worth comes from honest work and long-term roles, not risky financial moves.

In terms of public policy, Stride has supported reforms aimed at reducing welfare fraud, improving pension planning, and boosting work incentives. These efforts keep him at the centre of government budget debates and welfare planning.

What to Expect from Mel Stride in the Future

Image source: telegraph.co.uk

Looking ahead to the second half of 2025 and beyond, Mel Stride is expected to stay in his current role unless there is a major government reshuffle or election. If the Conservative Party loses the next general election, he may return to being a senior backbencher or take on roles in financial think tanks or media.

Some political experts say he could be chosen for Chancellor of the Exchequer in a future cabinet, based on his financial background. Others believe he may retire in the next few years, after nearly 15 years in Parliament.

Either way, his income from politics will remain strong until then. If he leaves office, he may increase his earnings through speeches, consulting, or media work, as many former ministers do. This could push Mel Stride net worth even higher after 2025.

Don't Miss This: Escape From Tarkov Player Count 2025: Stats, Growth & Future Updates Explained

Conclusion

Mel Stride has worked for over a decade in UK politics, taking on big roles that affect millions of people. From his early business success to his key government jobs, he has built a stable financial life with a yearly income of over £160,000 and a net worth likely between £1 million and £2 million. He is not among the richest MPs but is a solid example of a politician who earned his wealth through work and service. In 2025, with the economy and welfare system facing big questions, Mel Stride continues to be a central figure in shaping the future—and his personal finances show careful planning and steady growth. In this article, we explained everything about Mel Stride’s background, political jobs, and net worth in 2025.