Jeffrey Archer net worth

Jeffrey Archer net worth

Net Worth: $195 Million

About Jeffrey Archer

Jeffrey Archer net worth

It has been calculated that the overall estimate of Jeffrey Archer net worth is as high as 195 million dollars. He has earned his net worth from quite a few involvements, such as being a politician and author. Before he focused on his career as a writer, Jeffrey Archer served as a Member of Parliament in the period of 1969-1974. During this period, a big part of the overall amount of Jeffrey Archer net worth was earned, too. However, when he almost went bankrupt, he decided to quit his political work.
When his financial situation increased because of his successful written works, Jeffrey Archer got the position of the deputy chairman of the Conservative Party. He served as such in the period of 1985-1986. However, because of another scandal, he decided to end his career as a politician. In 1992, he became a life peer. In the period of 2001-2003, Jeffrey Archer even stayed in prison because of perjury and perverting the course of justice.
In addition to his career in politics, he is a successful author. More than 330 million copies of his books have been sold and such high sales have also increased the overall size of Jeffrey Archer net worth.

He was born in 1940 in the City of London Maternity Hospital. He spent his childhood in Weston-super-Mare. In 1951, Jeffrey Archer received a scholarship to study at Wellington School, where he was bullied a lot. Then, he was hired to work some odd jobs, such as training with the army and working for a short period of time with the Metropolitan Police Service. Later, he was hired to work as a physical education teacher at a preparatory school in Hampshire and Dover College in Kent. In 1963, Jeffrey Archer started his studies at the Oxford University Department for Continuing Education, from which he intended to get his Diploma of Education. There, he excelled in sports and became the president of the Oxford University Athletics Club.
When he left the school, Jeffrey Archer became a charity fundraiser and began to work with the National Birthday Trust. Later, he became the chief fundraiser for the United Nations Association. It was also about the same time when he got involved in politics and this career has also added up quite a lot of revenues to the overall sum of Jeffrey Archer net worth. He first served as a Conservative councillor on the Greater London Council, a position which he held in the period of 1967-1970. In 1969, Jeffrey Archer started his own company called Arrow Enterprises. In the same year, he launched his art gallery in Mayfair called The Archer Gallery. However, the gallery went bankrupt after a few years and was eventually sold.
In 1974, he wrote his first book called “Not a Penny More, Not a Penny Less”. In 1979, Jeffrey Archer published his most successful work called “Kane and Abel”, which even reached the top of The New York Times bestsellers list. Thus, the sales of it have also added up to the overall estimate of Jeffrey Archer net worth.

Now you have an idea why Jeffrey Archer net worth is this huge

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