The 23rd Prime Minister of Canada, Justin Trudeau, is one of the wealthiest politicians in the world and has a high net worth. His fame and fortune come from his family background, which includes business people and influential politicians.
Justin Trudeau is the second child in Canadian history born to a prime minister in office. His father, Pierre, was the country’s 15th Prime Minister and baptized the child soon after his birth.
Moreover, Trudeau shared Scottish and French Canadian descent, as his grandfathers were fisheries ministers. His parents envisioned him becoming a leading political figure from an early age.
When Trudeau was 10, his parents hosted a gala at the National Arts Center, and the guest stated, “I’d like to toast the future prime minister of Canada, to Justin Pierre Trudeau.” He took the words to heart and continued to focus on his career.
Soon after, the politician witnessed his parents’ separation and had difficulties adjusting to his new life. His father wanted him to enroll in a prestigious school, while his mother insisted on a public one.
After he reached legal age, Trudeau’s parents gave him shares in two companies. The companies paid him regular dividends, up to $20,000 per year. Further, the companies had assets of $1.2 million as of 2011.
Similarly, he invested the amount in real estate across the country while possessing 50 hectares of his father’s country property, which was estimated to be worth $2.7 million.
As Canada’s leader, Justin Trudeau has earned a significant net worth with a basic salary of around $357,800 annually, which leads to a lavish lifestyle.
Justin Trudeau became the second-youngest person to hold the Prime Minister position in Canada!
In 2008, voters elected the 52-year-old to Parliament, and he immediately introduced a motion for a national service policy for young people. He later co-chaired the Liberal Party’s convention in Vancouver.
During his efforts, Trudeau sparked controversy as reports mentioned that he allegedly earned $1.3 million in public speaking fees from charities and school boards across Canada.
Despite such issues in his political career, the politician continued to work for the middle-class members and the indigenous community. Later, in 2015, voters elected Trudeau as Prime Minister, and he focused on the country’s safety and development.
The opposition party has thrown several hurdles his way, but Trudeau has introduced policies to improve the pay gap, violence towards women, and the tax rates in the country.
Such efforts secured his position as Canada’s prime minister in 2025. The politician recently survived the Conservative Party’s vote of no confidence.
However, while investigating him and his family, the WE Charity spotlighted Trudeau’s immoral financial activities. The investigation revealed that event organizers paid him and his wife nearly $300,000 to speak.
Regardless, Trudeau was cleared of the charges. Still, speculation persisted that the politician has gained much of his fortune from his family and financial involvement in sectors apart from politics.
Additional Information
- Justin Trudeau is married to Sophie Gregoire, whom he met in Montreal during childhood. The pair became engaged in October 2004 and tied the knot a year later. They have three children: a daughter and two sons.
- The politician completed an arts degree in literature from McGill University and an education degree from the University of British Columbia.
