4 hours ago
Last Updated:March 10, 2025, 08:09 IST
Mark Carney is all set to replace Justin Trudeau as next Canadian Prime Minister. Know about his net worth, education and family.
Mark Carney to be next Canadian PM (AP Image)
Mark Carney is all set to become the next prime minister of Canada, replacing outgoing PM Justin Trudeau. He beat other Liberal Party candidates to race past other frontrunners to become the next party leader.
He garnered 86% of the votes from party members to beat former Finance Minister Chrystia Freeland.
He graduated with a bachelor’s degree in Economics from Harvard University in 1988. He went on to earn a master’s degree from Oxford University in 1993 and a doctoral degree in 1995.
But do you know how much Carney’s net worth is? It’s a whopping $6.97 million as of 2025, according to pierrepoilievrenews.ca. He is a formal central banker who previously ran Bank of Canada and Bank of England.
He was born in Fort Smith in 1965 and was raised in Edmonton, Alberta. He broadened his financial expertise through key corporate roles, which included a position at Brookfield Asset Management and serving as chair of Bloomberg L.P.’s board of directors.
How Mark Carney Built So Big?
Carney built much of his fortunes during his years in the financial sector, kickstarting a 13-year tenure at Goldman Sachs. As he completed his PhD at Oxford University, he entered a career at investment bank. He worked across various offices across the globe, ranging from London, Boston, New York, Tokyo, and Toronto.
During his career, he held positions such as co-head of sovereign risk and Managing Director of investment banking.
He played a pivotal role in facilitating post-apartheid South Africa’s entry into the international bond market. During major financial crises, including the 1998 Russian financial collapse and the 2008 global financial crisis, his deep expertise in private capital and currency markets proved invaluable.
Carney transitioned into central banking, first serving as Governor of the Bank of Canada before taking on a leadership role at the Bank of England in May 2003. He played a crucial role in guiding Canada through the 2007 global financial crisis, helping it become the first G7 nation to restore its pre-crisis GDP levels. His efforts earned him widespread recognition, culminating in his selection as Central Bank Governor of the Year in 2012.
Location :Canada
First Published:March 10, 2025, 08:09 IST
News world Mark Carney To Be Next Canadian PM: All About His Education, Family & Net Worth
