Who is Liz Truss? Net worth 2022 and UK's new Prime Minister

Liz Truss is to be the next UK Prime Minister, replacing Boris Johnson.

She defeated Rishi Sunak to become the third woman to hold the office.

The former Foreign Secretary and International Trade Secretary won with a 57% lead.

Over 81,000 of the Conservative Party member base voted for her compared to the 60,000 that voted for Sunak.

Truss’ victory was announced in Parliament to cheers and applause.

The new PM has pledged to cut taxes and tackle a cost-of-living crisis fuelled by soaring energy bills linked to the war in Ukraine.

The conservative leader also served as the Minister for Women and Equalities.

Liz Truss is reportedly estimated to have a net worth of $10 million in 2022.