Celebrities

Martin Lewis boasts ‘£12.5m property empire’ with wife after giving £20m away to charity

Martin Lewis gives advice on booking a summer holiday

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Money Saving Expert Martin Lewis, 48, is said to have invested £12.5m of his money in an impressive property portfolio alongside his wife Lara, 41. The couple have also reportedly channeled their wealth into doing good with their charitable donations.

The pair are said to have donated an incredible £20m to charity over the last eight years.

Martin’s website Moneysavingexpert.com has also helped people in the UK to save their own money with his essential tips.  

Martin and Lara have reportedly developed a property empire by investing millions in real estate in towns including Wilmslow and Knutsford in Cheshire. 

Their firm Osmium Estates Limited is said to have investments and property worth £12,462,726, and it also reportedly has cash deposits of £380,889.

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Recent accounts filed to Companies House show that £10million of the portfolio was purchased with borrowed funds, while it was claimed the firm paid £157,307 in tax in 2019.

The Sun have also reported that last year, the company had been planning to turn offices in upmarket Wilmslow into 12 apartments, alongside seven two-bedroom homes on land owned nearby. 

Express.co.uk has contacted Martin’s representatives for comment.

Martin is worth around £128 million now, according to reports. 

 

The businessman founded his Moneysavingexpert.com website in 2003 for around £100.

He then sold it for £86m, fewer than ten years later in 2012.

Martin recently revealed he wanted to continue working despite selling his website.

The television personality explained he felt like he had a “responsibility to give back” and has claimed “luck” was a big part of his success. 

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In spite of his financial success, Martin also insisted that wealth is not what “drives him”.

Speaking last year on James O’Brien’s podcast Full Disclosure, Martin said: “People say ‘What happened when you became rich overnight?’

“I didn’t, all I did was crystallise wealth into cash. 

“The website was already phenomenally successful and making millions of pounds a year. 

“So, if we’re being straight, I was already loaded, it’s not what drives me.”

Martin also said he decided to sell his website to avoid the “pressure” of running it.

The star also reflected on the life-changing moment he secured his presenting role on ITV’s This Morning.

The opportunity came after Martin was asked onto BBC Radio 5 Live to debate with economist Evan Davis.

His appearance on-air caught the attention of the former editor of This Morning, who was at home listening in at the time while looking after her child who had been sent home from school.  

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