# Chris Minns Net Worth: NSW Premier's Financial Profile
Chris Minns, who became New South Wales Premier in March 2023 following Labor's election victory, has accumulated an estimated net worth ranging between $2 million and $4 million according to various financial assessments and parliamentary disclosure requirements. The 43-year-old politician's wealth stems primarily from his political career, business background, and strategic property investments across Sydney's competitive real estate market.
Minns' financial foundation was established during his pre-political career in the private sector, where he worked in business development and consulting roles. His transition into politics began in 2015 when he was elected to represent the seat of Kogarah in the NSW Parliament, earning the standard parliamentary salary which currently sits at approximately $180,000 annually for backbench members. As Premier, his salary has increased to around $407,000 per year, placing him among the higher-earning political figures in Australian state politics.
Property holdings constitute a significant portion of Minns' net worth, reflecting a common investment strategy among Australian politicians. Parliamentary registers of interests indicate that Minns owns multiple properties in Sydney, including his family residence and at least one investment property. Like approximately 60% of federal politicians who hold investment properties, Minns has leveraged Sydney's robust real estate market to build wealth. His property portfolio is estimated to be worth between $1.5 million and $2.5 million, though exact valuations remain private as politicians are only required to declare property ownership rather than specific values.
The Premier's financial disclosures, as required under NSW parliamentary rules, reveal additional income sources including superannuation holdings and various investments. These mandatory declarations provide transparency regarding potential conflicts of interest but offer limited detail about exact asset values. Financial analysts suggest that Minns' diversified investment approach, combining property, superannuation, and other assets, demonstrates a conservative wealth-building strategy typical of many Australian politicians.
Minns' net worth places him within the middle tier of Australian political leaders' wealth rankings, significantly below high-net-worth politicians like former Prime Minister Malcolm Turnbull, but above the median wealth of parliamentary members. His financial position reflects both the earning potential of senior political roles and the advantages of property investment in Sydney's market. As Premier, Minns' wealth will likely continue growing through his substantial salary and existing investments, though his financial decisions remain subject to ongoing public scrutiny and disclosure requirements that govern all NSW parliamentary members.