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Peter Dutton Net Worth: A Millionaire Politician

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Peter Dutton is an Australian politician who was the leader of the opposition and leader of Australia’s Liberal Party until the 2025 elections. He joined the Liberal Party as a teenager and is now its leader.

It has been a long professional journey for Dutton, who worked for almost a decade as a police officer after leaving school and later managed a construction business with his father. Peter Dutton’s net worth in 2025 is estimated at $300 million.

Peter Dutton bio

Full namePeter Craig Dutton
Born onNovember 18, 1970
NationalityAustralian
ProfessionPolitician
Known forLeader of the Opposition and leader of the Liberal Party of Australia from 2022 to 2025
EducationAnglican St Paul’s School; Queensland Police Academy
Marital statusMarried; has three kids

Peter Dutton’s net worth

Peter Dutton’s net worth is largely made up of his real estate holdings. He started investing in real estate in the early 1990s, and reportedly bought and sold 26 properties over the next two decades.

Dutton, however, has significantly changed his real estate portfolio in recent times, making it harder to estimate his net worth accurately. In 2020, for instance, he reportedly sold properties valued at $12 million.

Thus, different sources produce varying estimates of his net worth. Some even point to a net worth of around $27 million, but a few reliable sources put his net worth at around $300 million.


Early life, education, and career

Born on 18 November 1970 in Brisbane, Australia, Dutton is the great-great-grandson of politician Charles Boydell Dutton and a descendant of Queensland’s first Sergeant-at-Arms, Captain Richard James Coley.

Dutton’s mother, Ailsa Leitch, worked in childcare, while his father, Bruce Dutton, was a builder. He was the eldest of five children, with one brother and three sisters. He attended Anglican St Paul’s School, Bald Hills, and his parents separated shortly after he graduated.

Dutton worked at a butcher shop during his school years and joined the Young Liberals in 1988, aged 18. In 1990, he graduated from the Queensland Police Academy and worked as a Police officer for nearly a decade, including in the drug squad, sex offenders squad, and the National Crime Authority.

In 1999, Dutton left the police following a car crash during a covert surveillance operation. He then founded a real estate company, Dutton Holdings, with his father in 2000. In 2001, his political career picked up when he was selected to represent the Dickson division of parliament.

Dutton is married to Kirilly Dutton, and the couple has two sons. He also has a daughter from his previous relationship.


Dutton’s real estate portfolio

Dutton’s real estate career started in the early 1990s, when he invested in properties across south-east Queensland with his father. In the early 2000s, he co-founded a company focused on buying and selling residential and commercial real estate.

Over the next two decades, Dutton bought and sold 26 properties, according to different reports and cross-referenced with parliamentary declarations. The total value of those 26 transactions is estimated to be more than $30 million.

Dutton’s real estate portfolio includes beachfront investments, rural retreats, and childcare centres. Some of these properties were bought in his name, while others were purchased through a family trust (RHT Family Trust) or via other connected entities, such as Dutton Holdings Pty Ltd and RHT Investments.

By 2016, Dutton was registered as the owner of five properties, including a Moreton Island holiday house, a Camp Mountain estate, a Canberra apartment, a beachfront investment property in Palm Beach, and a Spring Hill apartment in Brisbane.

Dutton’s real estate investment attracted scrutiny following his bid for the Liberal leadership. Several people raised concerns over potential conflicts of interest, especially connected to properties receiving federal childcare subsidies. Dutton, however, dismissed all such claims, arguing that all disclosure norms have been followed.

However, he started to divest his real estate portfolio between 2020 and 2022. Some properties were sold quietly, while some changed hands to other group companies. Only one property remained under his name by 2023 – a 68-hectare rural block in Dayboro bought in 2020 for $2.1 million.

In addition to selling properties, Dutton also divested many of his entities, including deregistering Dutton Holdings in 2022 and closing his self-managed super fund, PK Super. No assets were listed under the name of RHT Investments.

Dutton, who resigned as the director of these companies earlier, remained a beneficiary of the associated trust until 2019. The politician has admitted publicly that he has no hidden assets and is not the beneficiary of any trust.


Dutton’s political career

Dutton’s political career gained pace in 2001, when he was selected to represent the Dickson division of parliament. Since then, he has held several ministerial roles, including Minister of Workforce Participation, Minister of Home Affairs, Minister for Immigration and Border Protection, and Minister of Defence.

From 2022 to 2025, Dutton was the Leader of the Opposition and leader of the Liberal Party of Australia. He remained a member of parliament (MP) for the Queensland seat of Dickson between the 2001 and 2025 elections.

Dutton led the Liberal-National Coalition in the 2025 election. The Coalition suffered its worst defeat, including Dutton losing his seat of Dickson.


FAQs

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