Mark Carney emerges victorious over other Liberal Party frontrunners to secure the leadership and succeed Justin Trudeau as Canada’s prime minister. As the ex-banker is set to become the next prime minister, lets take a look at his fortune and net worth.
According to Pierre Poilievre News, Carney’s net worth is estimated at $6.97 million as of 2025. The Fort Smith native expanded his financial portfolio through high-profile corporate roles, including a position at Brookfield Asset Management and a chairmanship at Bloomberg L.P.’s board of directors.
How Mark Carney built his fortune?
Carney amassed much of his wealth during his extensive career in the financial sector, beginning with a 13-year tenure at Goldman Sachs. After earning his PhD from Oxford, he joined the investment banking giant, working across its global offices in Boston, London, New York, Tokyo and Toronto.
The 59-year-old held key roles such as co-head of sovereign risk and managing director of investment banking, accumulating what he later described as “a fortune.” He also navigated complex economic challenges, including the 1998 Russian financial crisis and the 2008 global financial downturn.
“When I worked for Goldman Sachs, it wasn’t the most toxic brand in global finance—it was the best brand in world finance,” Carney once remarked.
Transitioning from investment banking to central banking, Carney became Governor of the Bank of Canada before taking the helm at the Bank of England in 2013. He played a pivotal role in steering Canada through the 2007 global financial crisis, making it the first G7 nation to recover its pre-crisis GDP levels.
His expertise earned him the title of Central Bank Governor of the Year in 2012, cementing his reputation as one of the world’s most influential financial leaders.