Jacob Rees Mogg worked in the City of London and Hong Kong for Lloyd George Management until 2007, when he co-founded the hedge fund management business Somerset Capital Management in LLP.
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Rees Mogg amassed a significant fortune, estimated in 2016 at between 55 million pounds and 15o million pounds, including his wife’s expected inheritance.
Image Credit: BBC.com
Rees-Mogg has held several significant government positions, including Leader of the House of Commons and Lord President of the Council from 2019 to 2022, Minister of State for Brexit Opportunities and Government Efficiency in 2022, and Secretary of State for Business, Energy and Industrial Strategy briefly in 2022.
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Rees-Mogg is known for his traditionalist and socially conservative views. A prominent Eurosceptic, he was a strong advocate for Brexit and proposed an electoral pact between the Conservative Party and the UK Independence Party (UKIP). His steadfast positions and distinctive style earned him the moniker “The Honourable Member for the 18th Century.”
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