Is Richard Tice Rich? His £40 Million Fortune

Richard Tice has an estimated net worth of £40 million, making him one of the wealthiest MPs in the UK Parliament.

How Did Richard Tice Make His Money?

Tice built his fortune primarily through commercial property development and investment. He served as CEO of CLS Holdings plc, a FTSE 250 property company, from 2010 to 2014.

Business Ventures

• CLS Holdings plc - CEO (2010-2014) - £2 billion property portfolio
• Quidnet Capital LLP - Founder (2014) - Property asset management
• Various property investments - UK and international

MP Salary

As an MP, Tice earns the standard parliamentary salary of approximately £91,346 per year (2024/25). However, this is a small fraction of his overall wealth and investment income.